Lithuania in Facts

Excellent Geographical Location and Infrastrucure

Lithuania is a state on the eastern coast of the Baltic Sea. Crossroads of Central and Western Europe, Scandinavian and Baltic as well as CIS markets
Population: 3,394,000
Member of the EU and NATO since 2004, membership in the WTO, Schengen area since 2008
Well developed EU prime transport centre (two international transport corridors, three international airports, railways, the best roads in the Baltic States, and the highest-capacity Eastern Baltic ice-free seaport)
Lithuania is the 1st in the world by the number of cellphones for 100 residents. The number of mobile connection subscribers for 100 residents in Lithuania is 138,
Lithuania is among countries having the fastest Internet connection in the world. Lithuania is 1st by speed of uploading and 4th by speed of downloading in the world.
Lithuania develops next-generation Internet access technologies at the fastest rate in Europe and is the 5th in the world. Fiber-optic Internet access is used by approximately 21% households in the country. Lithuania is about two times ahead of Sweden, Norway and Slovenia
Europe’s highest fiber optic density

High-quality Human Resource

One of the most multilingual peoples in the EU - among five EU countries with the highest percentage of people speaking at least one foreign language: every third Lithuanian speaks English, and eight Lithuanians out of 10 speak Russian
40 % of population with higher education
20% of tertiary graduates in engineering
23 universities and 23 colleges

Great Quality of Life

Quality of life is one of the highest among the new EU-12 members (International Living 2009 Quality of Life Index)
Among the best locations for life in the EU and No. 22 in the world (International Living 2010 Quality of Life Index)
4 UNESCO World Heritage masterpieces
Mild climate, pristine nature; the Lithuanian coast is No. 9 among the top 100 summer destinations by the British Sunday Times
World-class entertainment and leisure services
Easily accessible social services
The percentage of residents owning their home (not renting or having loans) in Lithuania is the highest in EU
Air in Lithuanian capital Vilnius is clearest among all European capitals.

Hi-tech country

Lithuania is the leader in world’s laser industry
Global leadership in mobile e-signature
Barclays Technology Centre Limited, a subsidiary company of Barclays Bank PLC (“Barclays”), established the Barclays Technology Centre in Vilnius in 2009. Company has already created almost 600 jobs. According to Barclays’ officials, Lithuania (Vilnius) was chosen as an attractive location because of its strong talent pool of highly-skilled technology professionals, as well as its world-class infrastructure
“Lithuania is a global leader in delivering breakthrough innovations in the areas of pharmaceutical science and high technology which are generated by its numerous educational establishments, institutes and laboratories.” Ms. Daniela Gressani, Director of the World Bank, Central Europe and Baltic States
Lithuania ranked 34th and ahead of Hungary, Latvia, Slovakia, Poland, Bulgaria and many others in Digital Economy Rankings 2010 by the Economist Intelligence Unit
Lithuania’s attractiveness for IT development was also acknowledged by CSC, which employs almost 100,000 employees and in 2008 established a daughter-company “CSC Baltic” in Vilnius. Lithuania was selected as geographically the most convenient for IT development in the Baltic Sea region. This is in part due to its highly successful business relationship with the countries of Northern Europe
Lithuania welcomes foreign business to leverage its vast development resources and the current leading edge activities in the Lithuanian market. Such global enterprises as Microsoft, IBM, Philip Morris, HP, Siemens, Yazaki, SEB, TeliaSonera, Marzotto, Transcom Worldwide, DSV, Schenker, Indorama, IKEA, Electrolux, Kraft, Mars, Dematic and many others, have already established new bases in Lithuania
WESTERN UNION: ”Lithuania was selected as an attractive location because of its strong talent pool of highly-skilled, well educated and multilingual professionals, its stable political and improving economic climate and world-class infrastructure as well as the Government’s policy in attracting foreign direct investments.”
”Expanding international businesses must seize the opportunity in Lithuania.” Premkumar Bhagwatsaran, CEO of Ideal Invent Technologies