Global Business Services

Do you have big business plans? Make them bigger in Lithuania
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Having witnessed dramatic growth over the last 5 years, Lithuania’s Business Services Sector is now home to a number of well known international corporations. Their centres provide a diverse range of complex services to clients across the globe in over 30 different languages. And, with a young population and very high graduate numbers, Lithuania remains one of the least saturated Business Services locations in the region.

With a city to city network forged through great connectivity, plus mutual support and close co-operation with academic institutions, Lithuania can offer investors a real hub for Business Services. An hour’s drive from one another, Kaunas and Vilnius offer a combined pool of top technical and social sciences talent for you to tap into.

70

Global Business Service centers

Labour pool

15,000

specialists in the industry

Vilnius and Kaunas shared services hub

Industry - mature, yet still unsaturated

Sources: Business Services Sector in Poland 2017; Business Services Sector in Czech Republic 2017; Hungarian Shared Services and Outsourcing insights 2017; ABSL Outsourcing Industry Report, 2017; National Statistics Departments

Low saturation means:

Easy-access

Easy entry

Easy scaling

Low employee attrition rate

Low attrition

Competitive salary levels

Reasons to choose Lithuania

Talent - young, educated and multilingual

35

the largest number of languages used in one centre

Average employee age

30

average employee age in SSCs in Lithuania

88%

of business services employees in Lithuania have a higher education

State-of-the-art Infrastructure

Source: European Office Markets 2018, BNP Paribas Real Estate

Highest internet bandwidth in the CEE

65 mb/s

up and down average broadband speed

3rd

most affordable internet in Europe

Public wifi access

The fastest

public WiFi in the world

Target industries

Business services for financial and insurance institutions

For companies operating in finance and insurance, Lithuania offers both strong talent and a responsive regulatory environment.

Business services for manufacturing companies

With a talent pool that speaks 34+ languages and comes prepped with the knowledge your business needs, Lithuania is ready to help build and grow your business.

Business Services for IT companies

EU-leading IT infrastructure, a wealth of experienced programmers and a strong focus on IT education means Lithuania is set up for IT Business Services.

Related materials to download

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What's happening in the sector

Global Business Services

Moody’s Chooses Vilnius for New European Location

Dec 10, 2018
Global Business Services

Dutch IT company Centric opens office in Kaunas

Dec 5, 2018

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Have questions? Contact our team

Laisvis Makulis
Head of Business Services Team
Hi, my name is Laisvis Makulis. I’m Head of the Global Business Services team. If you have any questions, just let me know.
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