In recent years, companies from the priority foreign markets received 10% returns on equity in Lithuania on average compared to an average of 7% in other countries. This means that in Lithuania investments pay off a third faster.
“In 2010-2015 foreign investors implemented 90 development projects in Lithuania. The strong return on equity indicators could have had a decisive influence on these development plans. Moreover, the success of foreign investors brings more foreign companies to Lithuania. In this way, the strong performance of investors contributes to the country's economic development,” said Giedrius Rudis, expert at Invest Lithuania Project Management Department.
The study has been carried out by analysing the returns of investors from leading markets - Sweden, Norway, Finland, Denmark, Germany, the United States and the United Kingdom.
The analysis also showed that in 2011-2014 the average return on equity of all companies operating in Lithuania was 6%.
“Statistics show that Lithuanian companies are wary of risk, and more than half of the assets are financed by equity while foreign businesses operating in the country much more actively use the services of lenders. Even if the available assets are used equally effectively, the business which borrows more can enjoy higher returns on equity,” said Rudis.
Foreign Minister Linas Linkevicius says Friday's spy swap that saw Russia release two Lithuanians...
The Lithuanian Ministry of Justice unveiled Thursday its proposal to decriminalize less serious...
Two Lithuanians and a Norwegian were returned to Lithuania on Friday as part of a spy swap with...
An aviation bomb was found and later neutralized in the Zverynas area of Vilnius on Thursday night.