An advisor to Lithuanian President Dalia Grybauskaitė says the size of the Lithuanian market and shortage of specialists are probably the reasons behind Coca-Cola's decision to close its plant in the country.
© AP/Scanpix

"One of the most prominent factors is the market factor. Companies optimize their operations and look at where to manufacture their products in the region for the local market. No doubt, Poland has a competitive edge over us in this respect," Mindaugas Lingė said on Žinių Radijas on Tuesday.

The American soft drinks manufacturer announced last week that it was closing its plant in Alytus, southern Lithuania, by late November. About 80 employees of the factory are losing their jobs.

"Another thing is that investors look for highly specialized workforce and if there is a lack of these specialists in the market, this is a factor for withdrawing," he said.

The presidential advisor does not link Coca-Cola's decision to Lithuania's failure to adopt a new Labour Code, noting that the soft drinks manufacturer moved production from Estonia in 2010, a year after the country liberalized labour relations.

"We are talking about a complex [of reasons] and this is a signal and a bell for Lithuania, the government and its policies," he added.

Earlier this year, Estrella Baltics, a potato chips producer owned by Intersnack Group, and Suslavičius-Felix, a Lithuanian sauce and ketchup maker that is part of the Norwegian-owned Orkla Group, also announced their plans to pull out of Lithuania.

It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
Commenting is allowed for registered users only!
By posting, you agree to terms
Read comments Read comments

Lithuanian govt hopes papal visit will encourage religious tourism

Lithuania's government hopes the upcoming papal visit will encourage religious tourism in the country...

Lithuania ahead of Latvia, Poland, but behind Estonia on social progress index

The social environment in Lithuania is better than in Latvia and Poland, but worse than in Estonia,...

PM to invite European retailers to invest in Lithuania

Lithuanian Prime Minister Saulius Skvernelis says he plans to invite 12 European major retail chains...

Akmenė awaiting ground-shaking investment

Lithuania's northern district of Akmenė barely lags behind other cities in Šiauliai County in terms...

Minimum wage may rise to EUR 430 next January - PM

Lithuanian Prime Minister Saulius Skvernelis says that, based on updated earnings growth forecasts,...