Investors’ Forum News

The association of Investors’ Forum that is working towards creating a better business environment in Lithuanian had its annual meeting on June 11^th. During the meeting, members of the association presented their activities and initiatives of the previous year which were focused towards strengthening Lithuanian economy, promoting business development and investments. In 2012, the association grew further and included 52 member-companies employing more than 26 thousand workers. The annual turnover of member-companies of Investors’ Forum reached more than 6.66 bn. Euros which amounts to approximately to 20.5% of Lithuania’s GDP. What is more, the members of the association contributed almost 4 bn. LT in taxes and social security payments.

The Investors‘ Forum Awards ceremony to congratulate and award the best of nominated “Investor of the Year”, “Best Decision for Business Climate Improvement”, “Responsible Business 2012” and “The Best Business Journalist” will be held on 12th of April in Vilnius.

Registration for invitees only:

Members of the association that gather the largest Lithuanian investors, Investors’ Forum participated in the meeting with the new Prime Minister or Lithuania and his advisors in the Kempinksy Cathedral Square Hotel in Vilnius. During the meeting, the investors stressed that the new Government cannot grow tiresome of fighting shadow economy, smuggling and also of attracting foreign direct investments. The investors also reminded of the necessity to regulate labor code, solve “Sodra” problems and carry out tax reforms keeping in mind, that stability is the key aspect that investors and all honorable businesses care about the most.

More snapshots of Baltic Investors Forum can be found here…

On October 25th visitors of Baltic Investors Forum will have a chance to witness economic duel of the age. Highly respected economist Dr. Nouriel Roubini, presenting western attitude, will be challenged by the most prominent Japanese economist Richard C. Koo joining the panel for discussion. These two foremost global economy stars along with other experts unexpectedly will meet at a round table discussion about balanced economic policies and secure financial systems. The discussion will be moderated by Vendeline von Bredow,  Deputy Editor of The Economist.

Lithuanian office of “Transparency International” and the “White wave” initiative invites interested parties and people to a discussion “What level of transparency does Lithuanian business need?”, which will take place on Monday, July 16th at 10 o’clock. The address for the event is Didzioji street 5 (4 th floor). The purpose of the discussion is to present the newest trends of the private sector in Lithuania and the world, discuss what does accountability means to Lithuanian businesses and together search for innovative and business-friendly transparency tools. 

During the event, the results of “Transparency International” Lithuanian office’s business transparency initiative “Gates: companies’ social and environment protection innovations” (translation from Lithuanian) will be presented. The initiative is financed by United Nations Development Program in Lithuania and other partners.

Worldwide practice of anti-corruption in the private sector and the reserach carried out by “Transparency International” of business transparency in multinational corporations will be discussed by an experienced “Transparency International” network expert Peter Wilkinson. Legal aspects of corruption in Lithuanian private sector and possible legal risks of corruption will be analyzed by a representative of “LAWIN” law firm, lawyer Rytis Paukštė. What is more, Liudas Jurkonis, head of “Ernst & Young” illegal action investigation department in the Baltic region, will introduce the current anti-corruption situation in Lithuanian business.  3 companies that participated in “Transparency International” Lithuanian office’s business transparency initiative will share their experiences and results of implementing the initiative in their business operations.

In the end of the event, new members of the initiative “White wave” will be presented with membership certificates. Everyone is invited to share their opinions and experiences by a cup of coffee after the event.

We would like that you would inform us about your participation via e-mail ruta@transparency.lt 

You can find the invitation to the event and the agenda here.