Science – Future of Lithuania / Mokslas – Lietuvos Ateitis, Vol 9, No 2 (2017)

International Companies Withdrawal from Lithuania: Problematics and Alternative Solutions

Viktorija Tauraitė (Vytautas Magnus University, Lithuania)

Abstract


The main attention in this article is focused on the problematic of international companies’ withdrawal from Lithuania and presentation of alternative solutions of this problem. The macro(Sweden, Austria, Latvia, Lithuania, Estonia, Poland) level analysis and micro (“Coca-Cola”, “Nordea” and DNB, “Orkla”) level analysis showed that competitiveness, business conditions, employment relations, institutional environment and innovation should be improved and the corruption should be reduced in Lithuania. It is advisable that current Lithuanian Labour Code should be revised in order to increase the efficiency of labour relations. It is found out that the significance of “Coca-Cola”company is the highest in the context of the withdrawing companies from Lithuania. It is assumed that the most rational solution for each company is to move from Lithuania to another country.

Article in: Lithuanian

Article published: 2017-06-02

Keyword(s): international economics; international business; foreign direct investment; competitiveness; labour market conditions; institutional environmental; corruption; macro analysis; micro analysis; case method.

DOI: 10.3846/mla.2017.1016

Full Text: PDF pdf

Science – Future of Lithuania / Mokslas – Lietuvos Ateitis ISSN 2029-2341, eISSN 2029-2252
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