Investors’ Forum News

In his annual address, President Gitanas Nausėda clearly outlined Lithuania’s geopolitical directions and priorities. The speech emphasized the need to strengthen national security and contribute to collective defense within NATO. The Investors’ Forum – an association that unites the largest and most active investors in Lithuania’s economy – consistently highlights that national security is the country’s top priority, without which prosperity and economic growth cannot be achieved. Thus, the President, along with the business community and society at large, speaks the same language.

At an open forum titled “Defend the Economy”, held in Vilnius, over 200 business associations invited Lithuanian policymakers to engage in discussions about the country’s proposed tax reform. Economists and representatives from various industry and business sectors emphasized that the current restructuring of the tax system is being carried out hastily and without proper assessment. They argued that alternative methods of funding defense have not been adequately considered, and well-reasoned arguments are being overlooked.

Starting from May 2, Vytautas Šilinskas has taken over as the head of the Investors’ Forum, an association uniting the largest and most active investors in Lithuania’s economy. A lawyer and labor law specialist, as well as a former Minister of Social Security and Labor, Šilinskas succeeds Rūta Skyrienė, who had led the association since 2003. He joined the leadership team of the association in February as Head of Policy and Corporate Affairs.

The association Investors’ Forum, uniting the largest and most active investors in the Lithuanian economy, has selected companies, individuals, and organizations whose activities most improved the country’s business environment and investment climate last year. During the awards ceremony held for the fourteenth time, the title of Investor of the Year 2024 was awarded to the company Biotechpharma. The telecommunications company Telia Lietuva was recognized for its socially responsible activities.