Trust and Competence
Thanks to our specialization, we have in-depth knowledge of markets and specific business models. The BalticMore Agency offers the initiation of bilateral relations as well as economic cooperation between Lithuania and Germany. Germany is one of Lithuania's most important economic partners, the largest trading partner and one of the largest foreign investors in Lithuania. Lithuania and Germany share similar business ethics and cultural beliefs. There is potential for more cooperation in the trade with high-quality products and intelligent technologies. Trade with Germany has priority for Lithuania in 6 economic factors: engineering, hi-tech, ICT, life sciences, furniture and food production. The cooperation between Lithuania and Germany is growing steadily, especially in the areas of innovation and science. The most recent German investors include the automotive suppliers Hella and Continental, who are responsible for the creation of a larger supplier cluster. The biggest names in Lithuania also include Lidl and Aldi - the food discounters. A good example in the life science industry is Thermo Fisher Scientific, which employs more than 545 people in the competence center for Molecular Biology in Vilnius.
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