Lithuania advances investment environment, but desires more flexible labour regulation

Lithuania has made advancement on its buying into natural environment, but desires more flexible work guideline and employees with focused abilities, according to the buying into Advisory Council (IAC).

“Lithuania is a country on the rise and companies all through the world glimpse its potential,” said Cynthia J. Pasky, IAC member and CEO of the IT and enterprise services enterprise Strategic Staffing Solutions. “They are investing here and chartering from Lithuania’s talented workforce. We need to hold up that stride. To do so the government should modernize the work cipher and make it simpler to recruit new employees. That will decrease the administrative problem, which will convey more businesses and more occupations into Lithuania.”

IAC members are furthermore expected to draw vigilance to the need for certain specialists who are in short provide on the labour market.

“The high requirements of Lithuanian workers are one of the main reasons why foreign businesses are drawn to our homeland. But we are furthermore glimpsing a fast boost in the need for technology-oriented professionals and people who are able to talk certain foreign dialects. In alignment to rendezvous this demand, we need to initiate qualitative and results-oriented changes to the Lithuanian learning scheme. We need to start conceiving about restructuring vocational learning through the dual teaching principle, where students accumulate know-how at businesses and at schools,” said Milda Darguzaite, organising director of Invest Lithuania.

The Investment Advisory assembly gathering on 7 November will convey together Lithuanian officials and business representatives along with IAC constituents, retaining senior numbers at Microsoft, Strategic Staffing answers, CSC, Baltic Property Trust Asset administration, Bank M2M Europe, Nomura, Global sandy shore assembly, TeliaSonera and Fluidigm Corporation.