“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

Bulgaria Wistful for EU Market

Bulgaria's foreign minister stressed on the importance of EU market access after Bulgaria joins the Union more »

Quasi-free trade zone being built along border

China and Russia have pledged to establish a 10-square-kilometre quasi-free trade zone along their borders, with an estimated investment of US$1 billion more »

The fastest growing economy in Europe

Lithuania’s economy may reach the level of old EU member states in 18 years more »

Polish central bank says rates must rise

The Polish central bank believes interest rate rises are inevitable due to surging economic growth, a top central banker said Tuesday more »

Bank BPH unveils its bold strategy for 2004-06

Bank BPH has announced its strategy for 2004-2006 more »

Small companies will enjoy profit tax breaks

Small companies having less than 10 employees and annual revenues up to LTL 1 million (EUR 290,000) will have a zero profit tax rate on the LTL 25,000 (EUR 7,240) share of taxable profit more »

Lithuania is a leader in IT market and is lagging behind in the general level of education

An international conference “Lithuania in the Europen Union: values that we protect, changes that we seek” was organized by the Lithuanian Government and the family of big business organizations, with „Penki kontinentai“ Communication Center  among them, in Vilnius.

more »

Swiss court orders partial release of Yukos accounts — agency

The Federal Court of Switzerland has partially annulled the order of the Federal Prosecutor’s Office to freeze the Swiss bank accounts of several shareholders of the Russian Yukos oil company and the Menatep holding group more »

The conditions of WTO entrance

Kazakhstan continues to negotiate with member-states concerning the entrance the World Trade organization more »

Average rate of tenge at KASE is 136.14 against $1

The average rate of tenge at Kazakhstani Stock Exchange (KASE) on Monday, June 14, has remained without changes in comparison with Friday and made 136.14 tenge against $1 more »