Invest Lithuania
 | |
| Agency overview | |
|---|---|
| Formed | 11 February 2010 |
| Jurisdiction | Lithuania |
| Headquarters | Jogailos st. 4, Vilnius |
| Employees | 71 |
| Agency executive |
|
| Parent agency | Ministry of Economics (Lithuania) |
| Website | Invest Lithuania |
Invest Lithuania (Lithuanian: Investuok Lietuvoje) is a non-profit organization owned by the Ministry of Economy of the Republic of Lithuania. Its mission is the attraction of foreign investment.
Invest Lithuania provides free advice and introductions to on the ground experts to global companies interested in doing business in Lithuania. The agency serves as a point of contact for foreign companies and guides international businesses through every step of the process of setting up operations in Lithuania. Company consists of an investment promotion and infrastructure department, a marketing division, representative office in Belgium. The organization has announced to open an office in Silicon Valley.[1]
Invest Lithuania also provides information on Lithuania's labour force, tax incentives and financing options. The agency has worked with numerous well-known global companies [2] that have taken advantage of Lithuania's many incentives to expand their businesses by placing some aspects of their operations in Lithuania.
Investment assistance
Project Management Department represents the first contact with the potential investor in Lithuania. The investor receives information about different aspects of the business climate and overview of investment opportunities[3] in Lithuania.
Project management
After the investment project's main parameters have been specified, the project is assigned to a project manager who works with the potential investor throughout the site-selection and preparation period of the investment project. Other services offered are the following:
- Search for matching investment partners and building reliable contact networks for investment project development;
- Guidance through the investment location (sites/buildings) selection process, arranging company visits;
- Incentives and financing;
- Liaising with government and municipal bodies as well as with already established investors;
- General assistance until the start of operations.
Footnotes
- ↑ "Lithuania says it is best in Baltics in attracting investment". Baltic Business News. 2010-11-16. Retrieved 2010-12-07.
- ↑ Success Stories
- ↑ Business friendly