Featured topics
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Shorter duration of license and authorization issue to businessmen procedure proposed...
The project seeks that the businessmen who need a license or permit to engage in the risk-free licensed commercial activities be entitled to engage in these activities the next day after the... -
Private industrial parks encouraged to seek state-significance economic project status
The Ministry of Economy invites private entities to seek granting of the state-significance economic project status to the projects run by them. This ensures equal development conditions for all... -
Lithuania‘s Year 2012 Budget Deficit Set Bellow 3 per cent GDP
Systemic changes and public finance consolidation is to be complemented by substantially increased returns from State-Owned entities (SOE’s) in Year 2012 and behind. All this provide with the... -
Lithuanian economic representation reinforced on US West Coast
The Lithuanian business representation was officially opened in the ‘cradle’ of newly emerging IT companies of the US West Cost in San Francisco and in the Silicon Valley.
- Lithuanian EU Council Presidency agenda will focus on economic growth and the copyright - 2013-05-29
- Lithuanian Ministers to present EU Presidency priorities in the field of competitiveness, research and copyright law - 2013-05-28
- In the spotlight of ministers in Dublin – promotion of small and medium-sized enterprises - 2013-05-03
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Business environment
The Ministry of Economy of the Republic of Lithuania wishes to help business. Businesses must state clearly where they want to go and then the government will provide the best tools to achieve this. The business...
Investment
Lithuania has been working intensively to attract foreign investments to the country. A more business-friendly legal base is being prepared, free economic zones that are particularly favourable to foreign...
Innovation
Continuous innovation plays a central role in the future role of Lithuania’s economy and the country aspires to be the innovation centre of the North Baltic region. When promoting the creation and implementation...
Export
Export is key to the national economic growth. It is the record high export indicator in 2010 that led the national economy to recovery. In 2011, the export of goods made nearly LTL 70 billion, which was by one...
EU support
EU structural support funds represent significant assistance to the modernisation and development of Lithuania’s economy. During the 2007-2013 period, the Ministry of Economy administers the largest share of EU...
Tourism
The Ministry of Economy is responsible for formulating tourism, resort and resort area development policy in the country and implements the functions of international cooperation in the field of tourism. The main...
Public procurement policy
Public procurement constitutes an important part of the Lithuanian economy. The total amount spent through these procedures is one tenth of the country’s gross domestic product, or one third of Lithuania’s...
State-Owned Enterprises
State-owned enterprises operate in various economic areas that are of significance to Lithuania, namely, energy, communications, transport, etc. They generate a solid economic value and greatly contribute to the...
