ERNST & YOUNG: LITHUANIA IS BALTIC TOP FOR INVESTORS
Updated 2011-06-01
May 27, 2011, Ernst & Young, Invest Lithuania
Lithuania is the most attractive country for international companies looking to invest in the region of the Baltic States, the latest 2011 European Attractiveness survey from Ernst & Young shows.
“The number of projects has increased from 33 to 61 with Lithuania leading the region, with 31 project announcements. Investors come to the Baltics to invest in air transportation (25 %), financial services (12 %) and utilities (10 %). These countries are re-emerging as lower cost near-shoring locations with a quality workforce on the doorstep of Western Europe,” the survey reveals.
Ernst & Young’s 2011 European Attractiveness survey reflects Europe's real attractiveness for foreign direct investors, based on Ernst & Young's European Investment Monitor (EIM), as well as attractiveness of Europe and its competitors evaluated by a representative panel of 812 international decision-makers.
Lithuania is the most attractive country for international companies looking to invest in the region of the Baltic States, the latest 2011 European Attractiveness survey from Ernst & Young shows.
“The number of projects has increased from 33 to 61 with Lithuania leading the region, with 31 project announcements. Investors come to the Baltics to invest in air transportation (25 %), financial services (12 %) and utilities (10 %). These countries are re-emerging as lower cost near-shoring locations with a quality workforce on the doorstep of Western Europe,” the survey reveals.
Ernst & Young’s 2011 European Attractiveness survey reflects Europe's real attractiveness for foreign direct investors, based on Ernst & Young's European Investment Monitor (EIM), as well as attractiveness of Europe and its competitors evaluated by a representative panel of 812 international decision-makers.
