Ladies and Gentlemen,

LAWIN has provided advice to Kinze Manufacturing, which is one of the largest US manufacturers of farm equipment and which is planning to make investments in Vilnius.

Kinze Manufacturing Inc, an Iowa-based maker of farm machinery, will open it’s first factory outside the US in Lithuania this year to support expansion in Central and Eastern Europe.

Denmark, Cyprus, Latvia, Lithuania, Luxembourg, the Netherlands, Finland and Sweden have already met or even exceeded their 2020 national targets on boosting university education, defined three years ago at EU level to enhance the bloc’s labour force and ability to compete against global economic rivals.

For the third year running across the Baltics, and for the fourth time in Estonia, KPMG has collected opinions from business leaders in Estonia, Latvia and Lithuania on the state of their national economies and the outlook for their companies.

Statistics Lithuania informs that, based on the data of the 2011 Population and Housing Census of the Republic of Lithuania, on 1 March 2011, each fifth resident of Lithuania had higher education, each third – had a command of two non-mother tongues.

Lithuanian private equity firm LitCapital, together with German investor Panther International, has invested $1.8m in electric bicycle company Baltic Bicycle Trade (BBT).