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INFO TV discussion about business opportunities in Australia (in Lithuanian) >More

 

ALBC President gives interview to the SBS Radio (in Lithuanian) > More

 

Press coverage for the MFA visit to Australia > More 

 

Lithuania joins single currency Eurozone in January 2015 > More 

 

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Lithuania at a glance

  • Population 3 m   
  • Capital City Vilnius        
  • Currency – Euro from January 2015    
  • 2-3 hours flight from all EU capitals
  • Ease of doing business 24th in the world (Source: World Bank, 2013) 
  • GDP Growth Rate 3.3% (Source: Ministry of Finance of the Republic of Lithuania, 2013) 
  • Inflation 0.4% (Source: Central Bank of the Republic of Lithuania, 2014) 
  • 3 days start up time for new businesses (Source: Centre of Registers, 2014) 
  • 4th lowest corporate profit taxes in the EU (Source: KPMG, 2014)
  • Labour costs 4 times lower than EU average (Source: Eurostat, 2013)
  • 50% of Lithuanians speak at least 2 foreign languages (Source: Invest Lithuania)