“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

Statement by an IMF Mission to Dominica

An International Monetary Fund (IMF) mission led by Mr. Hunter Monroe of the IMF’s Western Hemisphere Department visited Dominica during January 18-28 for the annual Article IV discussions on economic developments and macroeconomic policies. more »

Experts request market management mechanisms to protect the farming sector

Experts in agriculture and government authorities coincided in requesting new management mechanisms and market regulation to protect the farming sector from the price crisis and enable generational changeover in rural areas at the European Congress of Young Farmers, organised by the ASAJA-Seville agricultural organisation. more »

Skills and jobs experts call for action now

Immediate action is required to solve Europe's skills deficiencies and give Europeans a better chance of labour market success in the future, says an independent expert report published by the European Commission today. more »

EIB lends EUR 115.5 million for environmental and small and medium-sized investments in Ukraine

The European Investment Bank (EIB) is lending EUR 15.5 million to upgrade water supply and wastewater treatment in the City of Mykolayiv (southern Ukraine) and EUR 100 million to finance small and medium-sized investments in the areas of SMEs, energy efficiency and the environment in Ukraine. more »

Antitrust: Commission confirms inspections in electrical equipment industry

The European Commission can confirm that on 20 January 2010 Commission officials carried out targeted inspections at the premises of producers of Flexible Alternating Current Transmission Systems (FACTS). more »

State aid: Commission temporarily authorises Lithuania to grant limited amounts of aid of up to €15,000 to farmers

The European Commission has authorised today under the State aid rules a Lithuanian scheme worth LTL 10 million (approximately EUR 2.9 million) aimed at supporting farmers who encounter difficulties as a result of the current economic crisis. more »

World Bank President Says African Poor Still Vulnerable to Crisis, Important to Create Basis for Future Growth

The effects of the global food, fuel and economic crisis would be felt by Africa’s people for some time yet and it was important to persist with efforts to protect the most vulnerable while laying the foundations for future productivity and growth, World Bank Group President Robert B. Zoellick said Tuesday. more »

Just like the herders, we must prepare ourselves for hard times

Mongolia’s herders have learnt a hard lesson this winter; a lesson that can perhaps be applied to managing Mongolia’s economy. more »

DnB NORD Bankas ups initial margin ratio for repo deals

DnB NORD Bankas, the leader of the country’s in investment products market, raises initial margin ratio for repurchase deals for most actively traded Lithuanian and Estionian shares. more »

Pensions, unemployment under scrutiny by Crisis Committee

With over 23 million unemployed in the Europe Union and the jobless figure having risen in every member state since last year, how Europe is coping with the crisis and the effect on pension systems were discussed on Thursday 28 January. more »