The Lithuanian Government managed to find additional funding to facilitate the search of new export markets and business partners.
Euros
© DELFI / Mindaugas Ažušilis

EUR 150,000 was allocated from appropriations designated to the Ministry of Agriculture. The funds will be used to pay for export permits, translate certificates and organise visits of third country officials who grant export permits. Lithuanian business people had asked to address these issues and the funding will enable Lithuania to enter new markets.

In late January the Ministry of Economy announced a call for proposals for EUR 600,000 support under a measure Expo Certificate LT. By 21 April, small and medium-sized companies may apply to cover the cost of certification testing and research, transportation of certified products and translation of certification documents or travel of experts who conduct certification.

On Wednesday's sitting the Government decided to supplement the list of recommended measures by new initiatives. Export promotion projects implemented by Enterprise Lithuania will include new measures such as Export Club, Export Academy and BrandLab. Companies will be provided assistance entering new markets, their management abilities will be enhanced, they will be consulted on branding and brand awareness.

Įvertink šį straipnį
Norėdami tobulėti, suteikiame jums galimybę įvertinti skaitomą DELFI turinį.
  • 1
  • 2
  • 3
  • 4
  • 5
(0 žmonių įvertino)
0
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Norwegian IT company Omega to double headcount of Klaipėda office

In 2006, the Lithuanian port city of Klaipėda welcomed the Norwegian company Omega, which develops...

Metro. Who will be the first?

World experience shows that the longest and most expensive metro construction phase is a political...

Wellness start-up Urban establishes development office in Lithuania

Urban was founded in 2014 by Jack Tang and Giles Williams to provide easy and affordable access to...

Profits in Lithuanian banking sector highest since 2007 (1)

Lithuanian banks and branches of foreign banks in Lithuania earned almost 358 million euros (406...

Alternative lending in Baltics is taking market share from traditional banks and credit unions

In the ever-growing European alternative finance market, Lithuania - together with other Baltic...