Swedish Enterprises Highly Satisfied with Lithuanian Partners

Published: 12 February 2006 y., Sunday

The survey „Estonia, Latvia, Lithuania and Poland – Threats or Opportunities for Swedish businesses?“ carried out by the Confederation of Swedish Enterprise showed that Swedish enterprises, having business cooperation with Lithuanian companies, are highly satisfied with their Lithuanian partners.
The Confederation of Swedish Enterprise questioned 250 Swedish business enterprises on their experience obtained while maintaining business relations with partners in the four countries. The greatest part of the Swedish companies questioned said they chose Lithuania (80%) as the most suitable country for the new investments. 72% invested in Poland, 66% in Estonia, and 59% in Latvia. Even 87% of the respondents admitted that they were planning to expand their business activities to Lithuania during the next two years. 79% were willing to expand in Poland, 76% in Estonia, and 71% in Latvia. A great part of the respondents, which had business partnership only with Latvian an Estonian companies so far, expressed a wish to expand their business geography to Lithuania.

The Swedish respondents, asked to compare the Lithuanian market with the business environment in Sweden, indicated the vast business opportunities that they discovered in Lithuania. They named Lithuania as a perfect market for their products with almost no competition, also offering favourable manufacture, rent and transportation costs, and lower taxes. Appearing very close to the homeland and other European markets, Lithuania, from the Swedish respondents’ point of view, also offers highly competent and motivated specialists. 
 

Šaltinis: LDA News Online
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

Many countries, one market

New rules for the EU's single market will make it easier to live and do business anywhere in Europe. more »

EU budget review – MEPs welcome new ideas but miss real revision

MEPs were disappointed that the Commission's EU budget review document had not sought the radical revision that the EU needs, they told Budgets Commissioner Janusz Lewandowski in a Policy Challenges Committee debate on Thursday. more »

The European Commission grants € 9.5 million to support the electoral process in the Central African Republic

On 25 October, the Commission adopted the decision to financially support the 2011 electoral process in the Central African Republic. more »

Crisis management in the banking sector

New EU framework for crisis management in the financial sector for managing problems before they spiral out of control. more »

Out of the crisis and towards European economic governance

The financial crisis laid bare the limits of self-regulation, demonstrating the need for strong EU economic governance, surveillance and policy co-ordination, say two non-legislative resolutions voted by Parliament on Wednesday. more »

1 181 former workers of Heidelberger Druckmaschinen AG to get help worth €8.3 million from EU Globalisation Fund

The European Commission has approved an application from Germany for assistance from the European Globalisation adjustment Fund (EGF). more »

Taxing the financial sector

Global and EU- level taxes on financial sector would help to fund international challenges such as development or climate change and fix the fallout from the global economic crisis. more »

EIB and African Development Bank finance first large-scale wind farm in Africa

The European Investment Bank and African Development Bank today agreed to provide EUR 45m to design, build and operate onshore wind farms on four islands in the Cape Verde archipelago. more »

2011 budget - MEPs make room for new policy priorities

MEPs want future EU budgets to accommodate new policy priorities as well as negotiations on new sources of financing. more »

Globalisation Fund: Budgets Committee backs aid to Portugal, the Netherlands, Spain and Denmark

The European Parliament's Budgets Committee on Monday backed EU funding for 3,731 workers in Portugal, the Netherlands, Spain and Denmark who were made redundant due to the closure of their companies. more »