Online Course: Doing Business in Lithuania

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Syllabus of the Online Course / Subject - Doing Business in Lithuania. Vilnius.

  1. Introduction to the Republic of Lithuania (European Union)
  2. Lithuanian Economy
  3. Doing Business in Vilnius
  4. Lithuanian Foreign Trade
  5. Foreign Direct Investment (FDI) in Lithuania
  6. Access to the Lithuanian Market
  7. Business Plan for Lithuania

The objectives of the Online Course / Subject “Doing Business in Lithuania” are the following:

  1. To analyse the Lithuanian Economy and Foreign Trade
  2. To evaluate the business opportunities in the Lithuanian Market
  3. To analyse the trade relations of Lithuania with the country of the student
  4. To know Lithuanian free trade agreements as a member of the European Union
  5. To develop a business plan for the Lithuanian Market
The Online Course / Subject “Foreign Trade and Business in Lithuania” is part of the following Online Higher Education Programs (Bachelors, Master's Degree, Doctorates) taught by EENI Business School & HA University:
  1. Doctorate: Europe
  2. Professional Master's Degrees (eLearning): Europe, International Business, Foreign Trade

Tertiary Education programs adapted for Lithuanian Students

Course learning materials in Online Higher Education in English + Study eLearning Master in Spanish Lituania Study an Online Master in French Lituanie Online Tertiary Education in Portuguese Lituânia.

  1. Credits of the Online Course / Subject “Doing Business in Lithuania”: 1 ECTS
  2. Duration: one week

E-learning Course, EENI Business School & HA University

Description of the Course / Subject (Online Learning): Doing Business in Lithuania

The Republic of Lithuania (Europe)

  1. Capital: Vilnius
  2. Official Language: Lithuanian
  3. Area: 65,300 square kilometres
  4. Lithuanian Population: 2.9 million people
  5. Type of Government: Parliamentary Republic
  6. Borders of Lithuania: Belarus, Latvia, Poland and Russia
  7. Shares Maritime borders (Baltic Sea) with Sweden, Finland, Estonia, Germany and Denmark
  8. Independence of Lithuania: 1991 (Soviet Union)

Religion in Lithuania: Catholicism (Christianity)

Lithuania belongs to the Western Christian Civilisation (European Economic Area)

Economy of Lithuania.

  1. The Republic of Lithuania is one of the countries of the European Union with largest economic growth
  2. Lithuania, Estonia and Latvia are the so-called Baltic Tigers
  3. Lithuania is a developed country (International Monetary Fund)
  4. Lithuania has a strategic role in relations European Union-Russia
  5. Lithuanian GDP (nominal): 52,369 million dollars
  6. GDP per capita: 20,321 dollars
  7. Strong economic recession in 2008
  8. Lithuanian Currency: Euro
  9. Lithuania is a member of the European Union since 2004
  10. Top Lithuanian economic activities: tourism, agricultural industries, sustainable forestry, textiles, high technology products, biotechnology, shipbuilding and laser technologies
  11. Lithuania ranked 24th in the world in the Index of Ease of Doing Business (World Bank) and 15th place (out of a total of 178 countries) in the Index of Economic Freedom (Heritage Foundation)
  12. Several global companies such as Microsoft, IBM, Transcom, Barclays, Siemens, SEB, TeliaSonera, Paroc, Philip Morris and Thermo Fisher Scientific are in Lithuania

Lithuanian Foreign Trade

  1. The European Union is the largest trading partner of Lithuania, with 67% of total imports and 61.3% of total exports
  2. The Commonwealth of Independent States (CIS) is the second trading partner of Lithuania
  3. Main Lithuanian Exports: minerals, machinery, chemical products, textiles, foods, plastics
  4. Top Lithuanian exports destinations: Russia (15%), Latvia, Germany, Poland, Estonia, the Netherlands, Belarus
  5. Main products imported by Lithuania: minerals, machinery, transport equipment, chemical products, textiles, metals
  6. Main suppliers of Lithuania: Russia (32%), Germany, Poland, Latvia
  7. As a member of the European Union, Lithuania is the beneficiary of the EU Free trade agreements with the MERCOSUR, Mexico, South Korea, Lebanon, Tunisia, etc
  8. The Port of Klaipeda, without ice, is in the western part of Lithuania. The port is an important regional hub that connects the sea, land and rail routes of the east and west

International economic relations of Lithuania

  1. Council of the Baltic Sea States
  2. Economic Commission for Europe (UNECE)
  3. United Nations
  4. World Bank
  5. European Union
  6. World Trade Organisation
  7. Organisation for Economic Cooperation and Development (OECD)
  8. International Monetary Fund (IMF)
  9. International Chamber of Commerce
  10. European Investment Bank (EIB)
  11. Asia-Europe Economic Meeting (ASEM)
  12. European Bank for Reconstruction and Development
  13. Group of States of the Council of Europe Convention against the corruption (GRECO)
  14. Organisation for Security and Cooperation in Europe (OSCE)

Examples of the subject - Foreign Trade and Business in Lithuania:
Council Baltic Sea States (e-Master)

European Union-Chile Free Trade Agreement (Course, eLearning)

Economic Commission for Europe (UNECE)

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