Investors’ Forum members are invited to attend the annual meeting, during which we will review the activities, achievements, and key events of the past year. Together we will plan future activities and set new goals.
Meeting time and place: May 4th at 10:00 AM, Ellex Valiunas office, J. Jasinskio st. 2, Vilnius, 01112
Registration for members: https://investorsforum.lt/form-view/243
On 25 May, we are launching the annual transparency campaign “No Country for Shadow”. Since 2012, the campaign has aimed to raise public awareness about the benefits of taxes and the harm caused by the shadow economy to our personal well-being and the welfare of the state.
Campaign objectives:
This year, we are focusing on the value created by fairly paid taxes and how they return to our everyday lives through healthcare, education, transport, security, infrastructure and other public services.
Every choice to act transparently contributes to what we have and use every day. By creating value honestly, we strengthen trust in the state, business and one another.
25 May, 10:00 – Campaign opening
How much does the shadow economy cost us?
A discussion where we will present the results of a representative public survey and talk about how people understand the benefits of taxes, where they encounter the shadow economy, and what the state, business and society can do to reduce it.
The discussion will feature Kristupas Vaitiekūnas, Minister of Finance of the Republic of Lithuania, Adomas Klimantas, economist at Investors’ Forum, and others. The list is being updated.
A lesson for upper-secondary school students
Together with our education partners Edukamentas, we are preparing a lesson for students on the benefits of taxes, the harm caused by the shadow economy and responsible citizenship.
The lesson will help young people clearly and simply see the connection between everyday choices, fairly paid taxes and the public services we all use.
Lesson materials and information for schools: to be updated.
The campaign is initiated by the community of transparency ambassadors Clear Wave and the association Investors’ Forum.
We invite you to join the digital wave of the campaign
From 25 May, we invite companies and organisations to share the campaign messages on their screens, social media channels, intranets, newsletters or other communication channels.
The following organisations have already joined the dissemination of this year’s campaign messages:
Lirema, Pliusai, Rimi, IKI, CropLife Lietuva, LIDL, Perlas Network, Klaipėda State Seaport Authority, Enefit, Kolping University of Applied Sciences, iLunch, Telia. The list is being updated.
Would you like to contribute to the campaign, share the visuals or suggest your own initiative?
Write to us at: info@baltojibanga.lt
The “Investors’ Forum” association is organizing the economic conference “Vilnius Conference: The New World Order” on August 26. This is one of the most important business events of the year, aiming to bring together leaders from the business, public sector, politics, and academic communities from the region and around the world.
This year, we will take a fresh look at geopolitical circumstances, examine how economies function during wartime, assess the impact of the energy sector on independence, explore opportunities to attract and retain investments, and discuss the influence of artificial intelligence on the labor market and businesses.
More information about the program, speakers and tickets here.
For the 13th time in May, the transparency initiative No Country for Shadow invites the public, businesses, organizations, and state leaders to unite for a transparent Lithuania and to raise awareness about the impact of the shadow economy on our collective well-being.
In 2025, we move forward with the slogan: “From the Shadow – To Defense.”
Because money hidden in the shadows represents lost opportunities to strengthen national defense and security.
WHY IT MATTERS
Over 900 million EUR is lost annually from Lithuania’s budget due to uncollected VAT. The shadow economy could account for more than 7 billion EUR. These funds could be used to enhance Lithuania’s security and defense—modernizing the military, protecting national borders, improving infrastructure, and increasing societal resilience. Transparent business practices and fair tax payments contribute directly to a secure future for the country by ensuring a strong economy, a competitive environment, and public well-being.
From the Shadows – To Defense, because our unity and awareness are crucial in helping the state build a safe and secure future for all of us.
ACTION
The initiative is led by the transparency ambassador community Baltoji Banga and the Investors’ Forum association.
Participants include Gastropub +++, retail chain IKI, Circle K, retail chain Rimi, and ORLEN Lietuva, who will share initiative messages on their digital screens for customers.
On May 9th, Investors’ Forum members will meet with a representative of the State Security Department of the Republic of Lithuania (VSD). During the meeting, we will review the national security threat assessment report, discuss solutions, and address other relevant security issues.
Meeting time and place: May 9th, 1:00 PM, BMI Executive Institute, Konstitucijos Ave. 18B, Vilnius.
Registration is only for the Investors’ Forum community.
Investors’ Forum meeting with the Minister of Environment
On April 15, there will be an exclusive meeting for members of the Investors’ Forum with the Minister of Environment, Povilas Poderskis. During this meeting, there will be an opportunity to discuss potential changes to sustainability requirements in Lithuania, plans for construction and renovation breakthroughs, and to ask other relevant questions.
Registration is only for the Investors’ Forum community.
Meeting time and location: April 15 at 1:30 PM, Ministry of Environment, A. Jakšto St. 4, Vilnius.
The number of seats is limited – the principle of first booked, first served applies.
