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Guides & How-Tos

Lithuania is one of the EU’s fastest-growing economies – a quick exit from recession has seen its economy grow by an average of about 2.5% over the last few years.

The largest of the Baltic nations, Lithuania offers a gateway to Russia, where almost a quarter (21%) of its exports end up. If you plan to use the country as an entry point to Russia though, bear in mind relationships are tense between the two countries (Lithuania only regained independence as recently as 1990), and the Russian government is not averse to banning certain goods, imposing temporary embargoes, and making life difficult for anyone looking to cross the border.

On the plus side, this doesn’t appear to have had too great an impact on trade with the UK, which has a 4.2% market share in Lithuania and exports around €1 million of goods there each year – this is definitely a growing market with a lot of potential.

The top UK exports to Lithuania include:

  • electrical machinery
  • machinery, mechanical equipment and spare parts
  • optical, precision and medical devices and equipment
  • plastics
  • transport vehicles
  • chemical products
  • essential oils, resinous plant exudates, cosmetics and toiletries
  • footwear
  • furniture, home textiles
  • food products

If you’re looking to tap this growing market, here’s everything you need to know about exporting to Lithuania…

Around the world Conference calling Guides & How-Tos

If you’re having trouble with any programs on your PC, then hitting Ctrl Alt Del is the only way to go, giving you the power to close down the errant apps, or reboot the whole machine, if need be. And, if that doesn’t do the trick, it’s time to turn-it-off-and-back-on-again.

But did you know that the most helpful keystrike in a keyboard’s armoury actually came about as a mistake? Read on to find out exactly how the Ctrl Alt Del command came about.

Technology

Lithuania is the largest of the three Baltic states – the others being Estonia and Latvia – and has been a part of the European Union since 2004, It joined the eurozone on January 1, 2015.

It’s economy has been modernised and developed thanks to an annual injection of €180 million worth of EU funds over the last 12 years and it’s now ranked 24th in the  World Bank’s ‘Ease of Doing Business’ report.

If you want to start doing business in this growing market, you’ll need cost-effective and reliable conference call provider – here’s how to set up an international teleconference to Lithuania in a few simple steps…

Around the world Conference calling Guides & How-Tos

The UK is Latvia’s eighth largest export market, with exports of goods and services between the two countries worth around £745 million.

The top UK exports to Latvia are:

  • machinery
  • wood
  • metal
  • electrical equipment
  • textile
  • transport vehicles

If you fancy doing business in one of the EU’s fastest growing economies, here’s everything you need to know about exporting to Latvia…

Around the world Conference calling Guides & How-Tos