Lithuania, The Place for Your Business
When it comes to conducting business easily, Lithuania ranks in the top twenty in the world.
Entering the Lithuanian business scene requires preparation, not only when it comes to offers but
also as far as language is concerned—at the very least, English is required. Pragmatism and a certain
sense of reserve are some of Lithuania’s distinctive features.
The country offers opportunities for the
expansion and modernization of airports—
around 700m euros are expected to be
invested in this sector by 2028. The tender
will mainly be focused on the supplying and
assembly of airport devices and technologies.
The government will be discussing
the construction of a new international
airport in 2022.
An increase in sustainable energy efficiency
and the sector’s overall competitiveness is also
in the works. An investment of approximately
311m euros is projected to be completed
over the next couple years as part of a plan
for economic rejuvenation and an increase
in accessibility to sustainable electricity. The
decommissioning of the Ignalina nuclear
power plant is also a significant opportunity.
Lithuanian railways are also expecting an
investment of 7bn euros by 2030; this will be
aimed at innovation, modern technologies
and recuperation of the vehicle fleet.
Electrification and modernising signalling and
safety equipment will also continue. A large
investment will go into Rail Baltica, including
high-speed rail infrastructure.
Lithuania allocates 2% of the country’s
GDP towards its Ministry of Defence and is
projecting an increase to 2.5% by 2030. The
army continually invests across many sectors.
Cities are to develop their transport
infrastructure in order to minimise emissions
and environmental stress. By 2026,
ecological buses should make up 80% of
purchases. All public transport in Lithuania
is required to make use of renewable
resources by 2027.
information regarding applications to
tenders issued either by state authorities
or local governments. Furthermore,
we offer our embassy’s premises for
presentations or events that support
participation in trade fairs. Some of
the most successful events held at the
embassy in 2021 include the Business
Mission with the Minister of Foreign
Affairs and president of the Lithuanin
Senate and a presentation held with the
leading producer of medical supplies in
the Czech Republic.
The embassy can answer any of your
questions regarding industry opportunities.
It is continuously working on providing
Estonia to Put a Billion Euros
Over the Next Five Years
Velvyslanectví ČR v Estonsku
of the Czech Embassy in Estonia
The main themes for Estonia’s economy for the upcoming couple of years will be the
modernisation of industry, the construction of a transport infrastructure, digitalisation and further
development in the service sector. 1,700m2 of wind farms will be constructed in the Gulf of Riga.
The main city is going to house a super-hospital worth approximately 500m euros.
All of these projects stem from the Estonian
plan for recovery and resilience, which will
provide the country with almost a billion
euros by 2026.
From the perspective of the MoravianSilesian Region, Estonia’s industrial
region of Ida-Virumaa is among the most
appealing in this regard. Much of Estonia’s
energetics, engineering and chemical
industries are concentrated in this area,
including two very important sectors—oil
shale processing and the production of
precious metals and their oxides. These
processes are, however, not eco-friendly
and are definitely going to be restructured.
The planned expenses are breathtaking: an
oil shale processing factory worth 320m
euros; a metallurgic plant for precious
metal processing worth 250m euros;
a facility for wood waste processing worth
800m euros; a fully robotic filtering plant
for clean drinking water worth 200m euros,
and I could go on.
Estonia is also known for its focus on
digitalisation and the development of online
solutions, which presents an opportunity
for Czech companies supplying hardware,
software and cyber security solutions.
Cooperation between Czech and Estonian
startups offers space for the development
of cutting edge ICT solutions, applications
for increased efficiency of work and freetime activities or, for example, projects in
the field of joined economics.
Other opportunities present themselves
in food, transport, engineering and
regarding this cooperation, for any
interested businesses, can be found in
the Industry Opportunities Map, which is
annually updated by the Czech Ministry of
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