“Business Ambassador 2008” nomination established this year was awarded to V. Ušackas

Published: 25 February 2009 y., Wednesday

AB bankas „Snoras“
AB Bank SNORAS, being the patron of the “Partnership Leader” nomination of the International trading palace ICC Lietuva (hereinafter - ICC Lietuva), this year initiated a special prize - “Business Ambassador”. The first award, which honours the diplomat who was the most active in promoting the Lithuanian and foreign business partnership, was presented to V. Ušackas, the current minister of Ministry of Foreign Affairs of the Republic of Lithuania.

“We were prompted to initiate ”Business Ambassador“ nomination by AB Bank SNORAS expansion experience abroad. Being first from Lithuania in many foreign financial markets, we often faced problems arising due to little publicity of our country and its business. An active help and initiative of the diplomats in representing the country's economic interests is a priceless value for business. Presenting attractiveness of the country and its investment abroad, consistent maintenance of partnership between Lithuania and foreign markets assists individual business organisations to gain a foothold in other countries and in this way to contribute to creating the overall welfare of our country,” said Raimondas Baranauskas, the president of AB Bank SNORAS.

“Business Ambassador” nomination of ICC Lietuva, which was established by Bank SNORAS, is designated for honouring officials of the Lithuanian diplomatic representative offices who contributed most to creating business cooperation between our country and foreign nations.

“The winner of 2008 nomination, the current minister of Ministry of Foreign Affairs of the Republic of Lithuania, Vygaudas Ušackas, received a tremendous support of the business community which evaluated the consistency of this diplomat's activity and multi-year efforts. Businessmen put most stress on the really performed projects and tangible results - successful promotion of the investment attractiveness of the country, establishing a lot of partnership relations both in the USA and the United Kingdom. It is interesting to note that one of the merits of V. Ušackas' activity was mentioned his ability to promote the ”brain gain“ return to the homeland after the ”brains“ left to these two nations,” stated Julius Niedvaras, the president of ICC Lietuva.

Vygaudas Ušackas, who became “Business Ambassador” in 2008, in 2001-2006 was acting as the extraordinary and plenipotentiary ambassador of the Republic of Lithuania in the USA and the United Mexican States, in 2006-2008 - in the United Kingdom of Great Britain and Northern Ireland. Representing Lithuania abroad, V. Ušackas distinguished himself by actively promoting the partnership of the local and Lithuanian communities, was taking care of the Lithuanian integration and was expanding our country's business publicity.

AB Bank SNORAS has been the main patron of the “Partnership Leader” nomination of ICC Lietuva for the second year already. The bank, very actively expanding its activity abroad within the past several years, this year initiated the special “Business Ambassador” award along with the “Partnership Leader” nomination.

Bank SNORAS group is presently represented in six foreign countries. In Latvia, Bank SNORAS manages AS “Latvijas Krājbanka - the oldest operating bank that has the most expansive customer service network, in Estonia the bank is represented by the branch in Tallinn, and the bank's representative offices operate in Belgium, Czech Republic, Latvia, Ukraine, and Belarus. The bank's group comprises AB Bank SNORAS and 20 other companies, 7 of which Bank SNORAS controls directly and 13 - indirectly, through its subsidiary companies.

Šaltinis: www.snoras.lt
Copying, publishing, announcing any information from the News.lt portal without written permission of News.lt editorial office is prohibited.

Facebook Comments

New comment


Captcha

Associated articles

The most popular articles

Financial sector: preventing the next crisis

New legislation for pan-European supervision of credit rating agencies and a public debate on how financial institutions are managed. more »

Russia's accession to WTO and China's role in world economy were discussed in Vilnius

On 2 June in Vilnius, Lithuania‘s Vice-Minister of Foreign Affairs Asta Skaisgirytė Liauškienė and Deputy Director General of the World Trade Organization Rufus H. Yerxa discussed the main issues on the international trade policy agenda, Russia‘s WTO accession and the changing role of China in the world economy. more »

Globalisation fund: Budgets Committee backs aid to Spain and Ireland

2157 former construction workers in Spain and 598 ex-employees at the Irish crystal glass company Waterford Crystal with suppliers could get €11 million in EU globalisation adjustment fund aid for training, self-employment and professional orientation under plans approved by the Budgets Committee on Wednesday. more »

Commission rewards Europe's best green businesses

Companies from the UK, Belgium, Germany and Spain have won the 2010 European Business Awards for the Environment. more »

Fisheries reform: firm backing for research but differing views on quotas

The planned overhaul of EU fisheries policy should devolve more powers to regions, protect small coastal fleets and boost aquaculture, said MEPs and members of national parliaments on Tuesday. more »

First JESSICA fund loan agreement signed with Lithuania’s Šiaulių bankas

The first in a series of loan agreements for energy efficiency investments in multi-apartment buildings was signed today between the European Investment Bank (EIB), as manager of the JESSICA holding fund in Lithuania, and Šiaulių bankas. more »

Estonia's euro

Despite the current economic crisis and tensions in the euro, Estonia is set to adopt the single currency in January. more »

'Polluter pays' principle for banks

Commission proposes a bank tax to cover the costs of winding down banks that go bust. more »

Strong EIB support for new energy investments in Greece

The European Investment Bank will provide a total of EUR 400 million to Hellenic Petroleum SA in order to increase the production of cleaner fuels via the upgrading of the Elefsina refinery. more »

The promotion of the electric vehicle in Europe, under examination

European ministers meet on Tuesday and Wednesday in Brussels at the final Competitiveness Council to be held during the six months of the Spanish Presidency, which has an agenda laden with important issues such as the electric vehicle, the European patent system and national R+D investment goals. more »