Open AccessInternational Companies Withdrawal from Lithuania: Problematics and Alternative Solutions
Author(s) -
Viktorija Tauraitė
Publication year - 2017
Publication title -
mokslas - lietuvos ateitis
Language(s) - English
Resource type - Journals
eISSN - 2029-2341
pISSN - 2029-2252
DOI - 10.3846/mla.2017.1016
Subject(s) - lithuanian , context (archaeology) , order (exchange) , coca cola , presentation (obstetrics) , language change , business , political science , accounting , economy , economics , advertising , history , finance , medicine , art , philosophy , linguistics , literature , archaeology , radiology
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