Media Release: Lithuanian partnerships offer businesses in Aberdeen, Teeside and Liverpool the opportunity of success


ACKNOWLEDGED as a leader in Eastern European business markets, Invest Lithuania, in partnership with Cormack Consultancy Baltic, is set to give SMEs in Teeside, Liverpool and Aberdeen the opportunity to find out about the commercial potential of exploiting the strategic benefits of partnerships in emerging economies such as Lithuania.

Following the success of events held in Birmingham, Coventry and Cambridge last month, the Invest Lithuaniaprogramme of seminars is being rolled out further north, with a seminar taking place in Liverpool, Teeside and Aberdeen on October 25th, 26th and 27th respectively.

Free to attend and led by Egle Belzute, a key political and business figure across the Baltic region and Invest Lithuania’s managing director, the panel of business and investment experts will explain to an audience of business leaders how their companies could benefit from forging commercial links with the country, alongside outlining the state driven support and incentives currently offered to investors.

Geographically-positioned at the crossroads of Scandinavia, Russia and the CIS and long recognised as the gateway between Eastern and Western Europe, the region claims to offer a series of critical financial, technological and strategic advantages to any business seeking to grow despite the downturn.

“Operating in an increasingly interconnected and global economy, business leaders have to think broadly and act flexibly. They need to be prepared to take advantage of the partnerships and opportunities that could shape their companies future irrespective of where they might be located,” said Invest Lithuania’s general manager, Egle Belzute.

“Our experience in Lithuania, whereby many international and UK businesses have already established contact networks and successfully launched regional headquarters or forged partnerships with local businesses to develop new technologies or open up fresh markets for their products and services, confirms the potential for UK businesses and I look forward to explaining the opportunities available to Teeside, Liverpool and Aberdeen.” Belzute continued.

The benefits of overseas partnership apply to many sectors, but the seminars will be particularly relevant to technology, manufacturing, IT, shared services and BPO companies as well as life sciences and R&D operations considering investing in research and innovation, near shoring or developing a cost-effective business abroad.

Barclays Bank, Western Union, IBM, Ideal Invent Technologies, amongst many others, have already taken advantage of the numerous financial support programmes available to UK investors in the region, which has been dubbed one of the best business destinations in Europe thanks to its large and highly-educated talent pool, cost-effective workforce, strategic location, EU funded incentives, highly attractive tax regime, and state-of-the art communications networks.

One attendee of the September round of seminars added: “The event gave me an excellent insight into the business opportunities available in the Baltic States. The range of state offered incentives available to inward investors is remarkable. Invest Lithuania and CCBaltic provides a unique opportunity to access these opportunities – a structured introduction into a relatively vibrant new marketplace.”

Invest Lithuania’s Liverpool seminar is at the Offices of Liverpool Chamber of Commerce and Industry (One Old Hall Street, Liverpool, L3 9HG) on 25th October 2011 starting at 9am (registration at 8:30 am) and finishing by 11am.

Invest Lithuania’s Teeside seminar is at the Offices of Wynyard Business Park (Wynyard Park House, Wynyard Avenue, Wynyard, Billingham, Tees Valley) on 26th October 2011 starting at 9am (registration at 8:30 am) and finishing by 11am.

Invest Lithuania’s Aberdeen seminar is at the Offices of RGU Business School (Garthdee Road, AB10 7QE) on 27th October 2011 starting at 9am (registration at 8:30 am) and finishing by 11am.

Places at each seminar are limited, so please book a space by contacting INVEST LITHUANIA

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Contact: Helen Reid
Phone: 0845 130 8992