Investors’ Forum News


Meeting of Ministry of Economy and investors – answers to key questions and torn out pages from the foreign press Uncategorized

Members of Investors’ Forum started this year with a meeting with Virginijus Sinkevicius, the Minister of Economy. The Minister reviewed his work in 2017, presented strategic directions of this year and answered participants‘ questions. As a top priority, he highlighted efforts to reduce shortage of workforce, helping enterprises to receive European Union (EU) financial support and convenient connections with the major capitals of Europe.

‘Economy is made by people, so we have to create conditions for people to make it. One of our short-term goals is to strengthen the Migration Department to make the employment of foreigners faster, easier and more transparent. The white list of companies is already a huge step forward. My ambition is to have it updated quarterly.

However, the shortage of workforce is a complex problem, so we need to look at it more broadly. It is necessary to reform the education system, facilitate employees‘ re-qualification, especially in the regions, as well as to help businesses to benefit from financial support and invest in innovations,’ says V. Sinkevicius.


Members of Investors’ Forum are invited to a meeting with Minister of Economy, V. Sinkevičius

Let’s start the New Year with meeting up with a new Minister of Economy. What are the plans for this Ministry in 2018? What are the key issues and what solutions for them are being considered? What can business companies expect? You will be able to discuss these as well as your own questions over a lunch table.

The event is for Investors’ Forum members only. Registration ends on the 2nd of January.

Register following this link.

Time: January 5 (Friday), 12 a.m.

Venue: Kempinski hotel (University str. 14)


New opportunities for people with disabilities to compete in the labor market

Today the Memorandum on ‘Opportunities for People with Disabilities to Compete in the Labor Market’ was signed at the Seimas of the Republic of Lithuania. The document was signed by the initiator Justas Džiugelis, Chairman of the Disability Rights Commission of the Seimas, representatives of the Ministry of Social Security and Labor, Ministry of  Finance of the Republic of Lithuania, representatives of the Lithuanian Labor Exchange, business organizations and the representatives of people with disabilities organizations.


Investors’ Forum Evaluation by Transparency Criteria

Transparent business labelling initiative „Baltoji banga“ together in cooperation  with the Transparency International  carried out an evaluation of the transparency of its members. Results showed that top rank of the most accountable companies are  Telia, Investors’ Forum, Siemens Lietuva, VSA Vilnius and Biuro. 

Read more about the evaluation (LT)


Head of the State Tax Inspectorate: We Have to Promote Business Investments

On 9 August, members of the Tax Working Group of the Investors’ Forum met Edita Janusiene, the newly appointed head of the State Tax Inspectorate. The group members discussed the most common problems faced by investors and presented suggestions for the improvement of the activities of the State Tax Inspectorate. 
“We understand that businesses create jobs, pay fair wages and taxes, and therefore our goal is to create favourable conditions for its development”, E. Janusiene emphasised.


The End of Seimas Spring Session: Positive Signals for the Investors

Members of the Investors’ Forum say that the newly elected members of the Seimas demonstrated ability to make determined decisions for improving the business environment. In their assessment of the end of the Seimas Spring Session, investors distinguished university optimization plan, the new Labor Code and the amendments to the Forest Law, which have opened a number of SRS reforms and shorten the environmental impact assessment procedures. However, in the last six months, there were also no critically acclaimed decisions, such as additional restrictions on alcohol trade and supplemental Insemination Law.

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