1. Lithuania – a gate to Russia
European jurisdiction, Soviet mentality
• Talent pool, innovative work culture at competitive prices
• Stable, safe and transparent political, legal and regulatory environment
• Strategic geographical position between Russian Federation and Western and
Nordic Europe
• Developed logistics network: rail, sea and highways; a junction between Europe
and Russian Federation
• Advanced information technology sector. The largest Information and
Communications Technologies (ICT) industry in the Baltic States. High internet
speed (1st among EU countries, 2nd globally) at lowest price in EU. Lithuania is 6th
globally at the fibre optic communication penetration and Europe’s greatest GSM
penetration (99.9%)
• Cheap supply of raw materials, abundant water resources
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2. Why to invest in Lithuania
Economy ranking
According to the economy ranking 2012 prepared by the World Bank Lithuania is ranked 27th
globally in relation to the ease of doing business, implying that the regulatory environment is
favorable to the operation of a local firm. The leading factors are the ease of doing business,
registering property, enforcing contracts and trading across borders.
Table 1: Economy ranking, 2012, East and Nordic Europe and Russian Federation
Resolving Insolvency
Construction Permits
Registering Property
Protecting Investors
Enforcing Contracts
Starting a Business
Getting Electricity
Trading Across
Business Rank
Ease of Doing
Getting Credit
Paying Taxes
Dealing with
Borders
Belarus 58 30 171 3 104 82 129 151 13 56 9
Czech Republic 65 74 143 27 53 100 120 68 79 34 140
Denmark 5 8 14 6 23 32 13 4 34 10 33
Estonia 21 35 52 14 40 70 50 7 31 72 47
Finland 11 34 21 24 40 70 23 6 9 5 49
Latvia 25 113 83 31 4 70 52 16 24 33 59
Lithuania 27 48 75 5 53 70 60 24 14 40 107
Norway 6 23 14 7 70 25 19 21 4 3 43
Poland 55 161 137 62 4 49 114 50 56 37 124
Russian Federation 112 178 184 46 104 117 64 162 11 53 101
Slovak Republic 46 46 100 8 23 117 100 98 69 38 83
Sweden 13 25 9 35 40 32 38 8 27 22 54
Source: The World Bank
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