Doing Business in Lithuania (Course, Master)

EENI Business School & HA University

Syllabus of the Online 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 Subject “Doing Business in Lithuania” are the following:

  1. To analyse the Lithuanian Economy and Foreign Trade
  2. To know the business opportunities in the Lithuanian Market
  3. To analyse trade relations of Lithuania with the student's country
  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 eLearning Subject “Foreign Trade and Business in Lithuania” is part of the following Online Higher Education Programs taught by EENI Business School & HA University:
  1. Doctorates: Business in Europe, Global Trade
  2. Masters: Europe, International Business, Foreign Trade

Masters and Doctorates adapted to Lithuanian Students

The course materials are available in Master in International Business in English + Study Master Doctorate Business in Spanish Lituania Study, Master in International Business in French Lituanie Masters Foreign Trade in Portuguese Lituânia.

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

E-learning Courses, Diplomas (Foreign Trade)

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

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Paterson Ngatchou: EENI Academic Coordinator for Anglophone Countries
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Description of the Online Subject: Doing Business in Lithuania

The Republic of Lithuania (Europe)

  1. Lithuanian Capital: Vilnius
  2. Official Language: Lithuanian
  3. Lithuanian 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. Lithuania 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 Western-Christian Civilisation (European Economic Area)

Economy of Lithuania.

  1. The Republic of Lithuania is one of the countries of the European Union with the 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 the European Union-Russia relations
  5. Lithuanian GDP (nominal): 52,369 million dollars
  6. GDP per capita: 20,321 dollars
  7. Strong economic recession in 2008
  8. Lithuania is a member of the European Union since 2004
  9. Lithuanian Currency: Euro
  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. The main Lithuanian Exports are minerals, machinery, chemical products, textiles, foods, plastics
  4. Top Lithuanian exports destinations: Russia (15%), Latvia, Germany, Poland, Estonia, the Netherlands, Belarus
  5. The main products imported by Lithuania are minerals, machinery, transport equipment, chemical products, textiles, metals
  6. The main suppliers of Lithuania are Russia (32%), Germany, Poland, Latvia
  7. As a member of the European Union, Lithuania is a 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 transport 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. Organisation for Cooperation between Railways (OSJD)
  9. International Monetary Fund (IMF)
  10. International Chamber of Commerce
  11. European Investment Bank (EIB)
  12. Asia-Europe Economic Meeting (ASEM)
  13. European Bank for Reconstruction and Development
  14. Group of States of the European Council Convention against Corruption (GRECO)
  15. International Rail Transport Committee (CIT)
  16. Organisation for Security and Cooperation in Europe (OSCE)
  17. Convention relating to Temporary Admission

European Union-Chile Free Trade Agreement (Course)

Economic Commission for Europe (UNECE)

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