The Lithuanian Government and ultimately the taxpayers of Lithuania, is the largest owner of commercial assets in the country. Each taxpayer in this country has a share in this portfolio worth around LIT 16.000 per person. Together we are now turning the page on the management of this common asset by publishing this Annual Review. This is the first step, in obtaining a map over this portfolio so that we will be able to take serious steps towards a more professional management of these commercial assets.

The fourth World Lithuanian Economic Forum “High tech innovation & investment: local to global” will start in London on 22 June. The Conference aims to unite Lithuanian entrepreneurs living abroad as well as provide an exclusive opportunity for local Lithuanian companies to attract interest from foreign investors.

WALTHAM, Mass. (May 26, 2010) – Thermo Fisher Scientific Inc. (NYSE: TMO), the world leader in serving science, announced today that it has signed a definitive agreement to acquire Fermentas – a manufacturer and global distributor of enzymes, reagents and kits for molecular and cellular biology research – for $260 million in cash, subject to a post-closing adjustment. With principal operations in Vilnius, Lithuania, Fermentas has approximately 500 employees and had full-year revenues of approximately $57 million Canadian dollars in 2009 (USD $53 million).

Western Union, an industry leader in global money transfer, will set up its new Global Operations Center of Excellence in Lithuania. The Lithuanian Ministry of Economy signed a Letter of Intent with the company. Western Union will open its Center later this year and will create over 200 new jobs in Vilnius during the coming three years.