Meeting with Norwegian - Lithuanian Chamber of Commerce

8/7/20231 min read

Meeting with Norwegian - Lithuanian Chamber of Commerce

The Lithuanian Chamber of Commerce in Denmark recently had the pleasure of attending a business lunch hosted by the Norwegian - Lithuanian Chamber of Commerce. This event featured an insightful presentation by Vidmantas Janulevičius, President of the Lithuanian Confederation of Industrialists and Chairman of the Board at BOD Group, alongside other leaders from Scandinavian Chambers of Commerce and representatives from across the Baltic region.

Key insights from the event

Lithuania's economic performance and industrial competitiveness

The discussion delved into key indicators highlighting the strengths and challenges faced by Lithuanian industry, covering aspects like business environment, innovation, and skills development.

Energy and access to finance

Volatile energy prices and their impact on businesses were a key topic, along with strategies for ensuring access to finance amid changing economic conditions.

Impact of geopolitical and economic instability

The presentation acknowledged the significant challenges posed by rising inflation, increasing interest rates, and decreased business confidence stemming from global uncertainties.

This engaging exchange provided valuable insights into the current state of the Lithuanian economy and the crucial factors shaping its future. We express our sincere gratitude to Martyna Skisaker for organising this informative event and look forward to participating in future collaborations that foster deeper connections between Denmark and Lithuania.