“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

Gender equality is part of the solution to exit the crisis – new report

Both women and men have been hit by job losses in the downturn, says a new report adopted by the European Commission today. more »

Globalisation fund: Parliament backs aid to Sweden, Austria and the Netherlands

Unemployed car and construction workers in Sweden, Austria, and the Netherlands will get €15.9 million in EU Globalisation Adjustment Fund aid for training, self-employment and professional orientation services under a plan endorsed by Parliament in plenary on Wednesday. more »

Getting back to work

As the economy recovers, EU countries will need to phase out crisis measures. The question is when? more »

Commission approves public service compensation for Polish Post until 2011, subject to conditions

The European Commission has endorsed, under EU state aid rules, a Polish scheme intended to compensate the Polish Post for net losses incurred in discharging its public service obligations between 2006 and 2011. more »

EU and its Member States committed to make life easier for small companies

The European Commission reports good progress in the implementation of the Small Business Act (SBA) in 2009. more »

Commission approves € 230 million to cushion the impact of the economic crisis in 13 African and Caribbean countries

The European Commission approved the first financing decisions in favour of eleven African and two Caribbean countries for a total of € 230 million, including € 215 million under the so-called Vulnerability FLEX mechanism (V-FLEX). more »

Easier credit to help unemployed people start up businesses

Legal measures to make it easier for people who have lost or risk losing their jobs to get credit to start up their own businesses were backed by the European Parliament on Tuesday. more »

“The business sector wants long-term rules”

How can companies and industry help to stop climate change? This is one of the questions on the table when Sweden’s Minister for Enterprise and Energy Maud Olofsson attends the climate change conference in Copenhagen on Monday and participates in a panel discussion organised by Businesseurope. more »

Gas Coordination Group discusses the gas supply outlook and the emergency preparedness in the EU

In a meeting held today in Brussels, the Gas Coordination Group, under the chairmanship of the Commission, has discussed with Russian Gas Company Gazprom the gas supply and demand outlook and investment strategy of the company in both Russia and the EU. more »

Commission approves impaired asset relief measure and restructuring plan of Royal Bank of Scotland

The European Commission has approved under EU state aid rules the impaired asset relief measure and the restructuring plan of Royal Bank of Scotland (RBS). more »