Fima Becomes Member of American Chamber of Commerce

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Run by the US capital, Lithuanian leader in the field of intelligent engineering solutions, Fima company, was accepted to the American Chamber of Commerce.

“As we are owned by a US equity company and cooperate actively with American investors, we decided to give some more weight to the representation of their opinions in the Lithuanian business environment,” Fima’s General Manager Gintaras Juknevičius said.

Chairman of Board of the American Chamber of Commerce Rimgaudas Vizgirda says that companies that maintain business contacts with the US in Lithuania are growing in number all the time. “It is a good thing that companies are joining the association. Having more members means that our organisation can have a heftier say while representing Lithuania in international meetings and be more efficient when it comes to seeking to improve conditions for business on the domestic scale,” he says.

According to the Lithuanian Statistics under the Government of the Republic of Lithuania, foreign direct investments from the US in 2009 totalled LTL 817,056,000, and currently there are 138 companies that have invested in Lithuania. Most of the US corporate investment in Lithuania is allocated to manufacturing (37 per cent of total US investment), production of food, beverages and tobacco (25.5 per cent), wholesale and retail (22.8 per cent), and real-estate operations (11.7 per cent).