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The market situation in Lithuania '11

The market situation in Lithuania '11

Political Overview
The Lithuanian politics takes its place in an edifice of somewhat a parliamentary democratic representative republic, wherein the Prime Minister is being considered to the head of the government and of the multi-party system. The government exercised an executive power which is being led by a Prime Minister. The judicial power has been fully guaranteed a legal right to the judges being selected by the President and is considered to be both legislature and executive power. Its judiciary is made up of the Supreme Court, the Court of Appeal, the Constitutional Court and the administrative courts separately. The Lithuanian Constitution of the Republic was created its powers in accordance on the approbation last October 25 in the year 1992. Because of its multi-party system, the Lithuanian government is not manipulated by single political party, instead it is consists of various parties that should work with each other to create governments in coalition form. Clearly, the government had been placing rules in order to organize the business sectors and avoid unnecessary issues which in the first place can be avoided. However, there are some political issues which cannot be avoided and it’s applicable to all countries as well.
Investment Climate Status
Lithuania is much proximal to Western Europe, CIS, Scandinavia and Russia. This country is situated in the crossroad of the three large markets. It is known to be a jumping-off place for both Scandinavian and Europe countries as well as the Eastern markets including Russia and the CIS. It has been a part of the BSR or Baltic Sea Region and considered to be always active as a business partner with its neighboring, BSR countries like the Scandinavian cities, Poland, Germany, Estonia and Latvia. With the trade of Lithuania to other BSR countries, it covers about seventy percent overall foreign trade of the country and also it’s FDI of about seventy percent generated from the BSR places as well.
Lithuania also gathered its membership from the Schengen area, it’s a European area without borders placed internally, hence, permitting people to have free access even without checking the internal border. Furthermore, the European Union has acknowledged this country as their premiere transport center connecting to EU with the East countries with advanced technology in infrastructure such as the four international airports, ice-free seaport located at the Baltic Sea eastern shore, networks of highways and roads, seaport rail to highway, rail to airport highway and the three multimodal logistic centers.
Lithuania garnered the recognition as the world-leading ICT infrastructure paired with a list of impressive, important Europe and worldwide records, this country had became the Northern Europe Service Point due to its remarkable features such as the world’s second fastest internet connection with the Europe’s fastest one. It has been the Europe’s highest penetration in GSM of about one hundred forty seven percent. This country has also been known to have the highest penetration in fiber in Europe and of about sixth country across the globe. This has also been the world’s leading country with the highest number of subscribers for mobile telephone; about 3.4 million residents had been using about five million sim cards in active status. It has been the leader of mobile e-signature globally and the Europe’s most compact network of Internet access points publicly.
Lithuania has been proven to have a huge capacity in Energy. They have good infrastructure and been connected with the countries rich in energy. This country is being linked to the networks of energy of both the Commonwealth of Independent States or CIS and Russia. This country had been pursuing on production and diversification of energy such as the LNG terminal, new nuclear reactor and renewable energy development thus making this country another better location for businesses.
There are two reasons why Lithuania has been a better place for business ventures; it can be easily reach with plane of about one to two hours from any countries in Europe and its good sense of living with its sturdy sense of national identity making it a unique country to have business and to live with. According to the research conducted by the International Living 2010 Quality of Life Index, this country’s quality of life had been the highest among the other countries in Europe.
Economic Review
Lithuania had garnered its membership from the World Trade Organization and collaborated with the Europe Union last May in the year 2004. Both the business support and the foreign government aided in transitioning the country’s old command economy into the new market economy. Its economy grew up of about eight percent annually for the last four years before the 2008 domestic and exports demands. With its current unemployment ratio of about 15.6 % recorded within the second quarter of the year 2011 from its previous rate of 17.2 %. The figures had shown that the labor market is on its way to recovery and must create a positive impact on the household expenditures. The amplified operating effectiveness and labor productivity, a very cautious attitude for new people to be employed for both private and public sectors creates the labor market into a much more flexible one than the last few years.
Undeniably, Lithuania had been considered to be one of the speediest growing in the globe. One of the considered significant factors for its speedy economic expansion was the WTO accession last 2001 which activated the free movement of labor force, trade and capital within the member states. The recorded growth on good exports had reached of about 38.3% within the first seven months of the year 2011 being compared with the same period in the year 2010. Its major export growth contributors are the agricultural products, mineral products and the food. However, the significance of transport, machinery, plastics and chemicals has also been amplified in time. The exports to other European countries remains in sixty percent for all the goods being exported and these countries remained to be the major destination of the goods from Lithuania. Its average salary information is about 1650 LTL or $668 per month, aiming to provide better living for the employees and the employers as well.
Needless to say, large companies in Lithuania had been exerting efforts in making sure that they will be having a ceaseless, growing business even in the near future. Indeed, with constant efforts made by the Lithuanian government to make sure that their country have been building up a great career path for business opportunities without compromising the existence of other sector in business. In fact, its GDP was recorded way higher than other countries such as Poland, Russia, Latvia and Belarus.
Benefits of Telemarketing, SEO and Online Sales Service Existence
Existence of Telemarketing, SEO and Online Sales had been widely recognized as the best marketing tools in making sure your business is moving forward, not backward. When this has been existed in Lithuania, it creates various benefits for everyone. Indeed, the main goal of telemarketing, SEO and Online Sales is to amplify the growth of a business by making sure they are in touch with the targeted market. Its way of calling and making sure they are reaching out the customers can be a great way in establishing rapport to clients and building a great business relationship which entails wondrous relationship for a long fraction of time. It continually promotes sales through Telemarketing, SEO, Online Sales and updating clients on the newest products and services they can enjoy. However, there are a lot of companies opting to have telemarketing, SEO and Online Sales services in their companies to make sure they are closer to clients. Indeed, the existence of telemarketing, SEO and Online Sales had been drastically touched the lives of the business sector. With its ceaseless expansion, no wonder a lot have been wondering how does Telemarketing, SEO and Online Sales does its magic to clients.
Points to Consider About Telemarketing, SEO and Online Sales Companies
Indeed, just as much as you have affirmations in having telemarketing, SEO and Online Sales, there are also a lot of adversaries you can look up to. Telemarketing has a stigma towards some people as inconsiderate and disturbance, especially when telemarketers do call them during dinner time and late evenings. Eventually, people will resent telemarketing and will make ways on how to get rid with it. Customer lists may be costly and not as clean as the telemarketing companies expect it to be. The company must be able to come up with a good plan in telemarketing, SEO and Online Sales especially to generate tons of sales. This could never be an easy task to deal with it but doing thorough research can be a great help in making sure every edges had been smoothen enough before entering into a drastic deal. One of the best telemarketing, SEO and Online Sales companies that can be resilient in many ways is Dania International, we are a great example in making sure that the telemarketing, SEO and Online Sales services a company needs can be optimized to its maximum utilization even without compromising the quality of the business and continuous relationship with the clients which are really essential in pushing a business upward.
Investments in Lithuania
Due to the free movement of labor workforce throughout the border lines of Lithuania to other neighboring countries, there are many businesses who have been putting up investments in Lithuania. With the fact that the increasing number of people there with great education, its clearly stated that employees from this country can be great assets for a lot of companies, paving its way to the ceaseless expansion of career path in business. In fact, Lithuania had been the last one that was affected with the economic crisis. Fortunately, they have enough sources to make sure that they are establishing their country very well. Its investment climate had been considered to be one of the important factors in attracting businessmen to invest.
Needless to say, Lithuania is an example of a company with great source of investment and business opportunities. For businesses who want to have great sales, Lithuania can be of help with its lower amount in starting up a business. No wonder, existing businesses in Lithuania had been playing with loyalty for this country for its vast place in business opportunities. With its strategic location which greatly affects the vibe in business sectors, no wonder businesses will tend to put up an investment into this country. However, we cannot avoid that somehow there are some pitfalls emerging into this country. There have been a lot of issues but you must also keep in mind that not all locations for business are perfect enough. You need to be resilient at all times and make sure that your business can fit in into some drastic changes. Furthermore, Lithuania government is exercising its rule to make sure that every business is doing well under their administration. Basically, its stock market had been playing positively in some ways recently and it could be another tool in making sure that investments are in great condition. This could also be a good permanent residential place to stay for everyone.
Initiating telemarketing, SEO and Online Sales in Lithuania
The country offers several business opportunities for international buyers and investors who are interested in Lithuania's current market status; therefore there is a huge demand of using international sales, telesales and telemarketing, SEO and Online Sales services to help their ventures work productively. Dania International is definitely the best place to start when entering this newly developed market. The company perform the promotion on sales to connect with qualified leads and prospects accomplished through the help of professional telemarketers and skilled agents.
In today’s business progression in Lithuania, they’ll probably require dedicated sales companies such as Dania International who can deal both nationally and globally. The company can help you protect share at a single period of time.
By getting involved with other businesses, many entrepreneurs in the Country will realize that the market can only become profitable with the use of telemarketing, SEO and Online Sales services as this is the most reliable method to gain strong partnership and achieve consistent revenue that is deeply needed by companies. Our innovative concept and strategies has turned out to be working.
When there is a need of choosing companies to contact or deal with, we would be responsible to analyze and study carefully if this company really fits the bill. We manage the whole telemarketing, SEO and Online Sales tactics and speak with these companies and carry the actual proposal for you. You also do not need too much effort when recruiting for new employees’ even overseas, simply rent our employees as well as our facilities, in search for company to acquire, someone to outsource to and someone to set up a business partnership as telemarketing, SEO and Online Sales services will do it all for you.
Undoubtedly, the existence of telemarketing, SEO and Online Sales companies in Lithuania will stay for long and continue to help every company who needs them. The nation’s ventures are dominating the place and the demand of international and local sales deals is increasing. Experience the convenience, practicality, affordability and excellent customer service that an international telemarketing, SEO and Online Sales and telesales services can give. Though you can find several telemarketing, SEO and Online Sales firms in the place, there are only few of those who can actually perform well. Dania International is a smart way to engage with sales and marketing business partnership globally. The new market situation of Lithuania would definitely benefit from it and certainly, business owners can enjoy being delivered with positive results and qualified leads without spending too much, exerting too much effort and setting up several tools to receive and dispatch calls.

 

Dania International S.M.B.A. * Raadhuspladsen 16 * 1550 Copenhagen V * Denmark * Telephone: +45 70272677 * Skype: dania_international * VAT: DK34048142

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