Information about property AN INVITING OFFER FOR INVESTMENT 2010.

IInformation about propertynformation about property

ANAN INVITING OFFER FOR INVESTMENTINVITING OFFER FOR INVESTMENT

20102010

Contact personContact person::

Mr. Rimas VaranauskasMr. Rimas VaranauskasCell phone: +370 698 21852Cell phone: +370 698 21852E-mail: [email protected]: [email protected]

AN INFORMATION IS DEDICATED FORAN INFORMATION IS DEDICATED FOR

- Existing and future suppliers of IKEA who are planning the furniture business development purchasing completely developed production unit and raw material preparation shop (hereafter you will find concerned information)

- IKEA Logistics operator for establishment of warehousing facilities/Logistic centre in order to collect goods from suppliers based in Lithuania and Baltic States in such way optimizing transport costs (hereafter you will find concerned information)

BRIEF INTRODUCTIONBRIEF INTRODUCTION OF PRIDUCTION UNITOF PRIDUCTION UNIT

Production unitProduction unit its operation started inits operation started in1996 1996 by owning of Danish promoter. It had by owning of Danish promoter. It had brand-new technological machinery installed, however its business was unsuccessful. brand-new technological machinery installed, however its business was unsuccessful.

In December UAB “Baltijos baldu grupe” (BBG) has acquired this production site and In December UAB “Baltijos baldu grupe” (BBG) has acquired this production site and today BBG owns 100% shares.today BBG owns 100% shares.

In period of In period of 2001-20082001-2008 production unit has been specialized in manufacturing of solid production unit has been specialized in manufacturing of solid pine tables and it was the biggest tables producer in Baltic. Inpine tables and it was the biggest tables producer in Baltic. In 2006 m., 2006 m., after after investments of investments of 2,2 mln.2,2 mln.LTL were done into purchase of modern machinery, production LTL were done into purchase of modern machinery, production unit undoubtedly became not only as the biggest but also leading-edge supplier of unit undoubtedly became not only as the biggest but also leading-edge supplier of such type of product.such type of product.

In In 2005-2008 2005-2008 apart solid pine furniture production the production unit run production of apart solid pine furniture production the production unit run production of birch products as well. For that purpose in 2005 it was opened its branch where raw birch products as well. For that purpose in 2005 it was opened its branch where raw material and components for birch products have been produced. The sawmill was material and components for birch products have been produced. The sawmill was established in Eisiskes (Salcininkai district).established in Eisiskes (Salcininkai district). It is furnished by 4 modern dry kilns with It is furnished by 4 modern dry kilns with capacity up to 320 m3 wood.capacity up to 320 m3 wood.

In the middle of In the middle of 20092009 the production unit stepped in new product segment- bunk beds the production unit stepped in new product segment- bunk beds and beds for adults. Such diversification of specialization was decided after detailed and beds for adults. Such diversification of specialization was decided after detailed market research what shows topical demand of consumers. During half year ofmarket research what shows topical demand of consumers. During half year of 2009 2009 there was made a huge input in search of new customers.there was made a huge input in search of new customers.

Besides last mentioned key ranges (tables and bunk beds & beds) the production unit Besides last mentioned key ranges (tables and bunk beds & beds) the production unit is able to manufacture various chests, robes, shelves, etc. Such variety of product is able to manufacture various chests, robes, shelves, etc. Such variety of product possibilities is based on available production facilities what allows easy to come over possibilities is based on available production facilities what allows easy to come over from one group of products to another one.from one group of products to another one.

INFRASTRUINFRASTRUCTURECTURE

Production unit operates in Vievis, Elektrenai municipality, which successfully takes Production unit operates in Vievis, Elektrenai municipality, which successfully takes advantage of idea of bicity of Vilnius and Kaunas. Inadvantage of idea of bicity of Vilnius and Kaunas. In 2006 m. 2006 m. Elektrenai municipality Elektrenai municipality approved functional zoning plan what removed barriers to change land use. As a approved functional zoning plan what removed barriers to change land use. As a result of this, Lithuanian business and industry investors turned their eyes towards result of this, Lithuanian business and industry investors turned their eyes towards Vievis and territories going in the direction of Elektrenai by high way Vilnius-Kaunas. Vievis and territories going in the direction of Elektrenai by high way Vilnius-Kaunas.

Currently there are actually no free land near Vievis and Elektrenai.Currently there are actually no free land near Vievis and Elektrenai.

Vievis is situated from both sides of high way Vilnius-Klaipeda as well as by Vievis is situated from both sides of high way Vilnius-Klaipeda as well as by important railway Vilnius-Kaunasimportant railway Vilnius-Kaunas..

In the end of the end of 2007 2007 there was built new modern logistic centre in Vievis, by the high there was built new modern logistic centre in Vievis, by the high way Vilnius-Klaipeda.way Vilnius-Klaipeda.

AreaArea – 17 017 m² – 17 017 m² in the ground floor and in the ground floor and 2 512,5 m² 2 512,5 m² in the attic in the attic

Storage heightStorage height – 10,5 m – 10,5 m

Ramps’ numberRamps’ number – 20 . – 20 .

Ventilation and heating systemVentilation and heating system

Automatic fire-fighting system with smoke and heat detectors and sprinklersAutomatic fire-fighting system with smoke and heat detectors and sprinklers

PRODUCTION UNIT’S REAL ESTATE PROFILEPRODUCTION UNIT’S REAL ESTATE PROFILE

GEOGRAFIGEOGRAFICAL LOCATIONCAL LOCATION

The production unitThe production unit is ~ 4 km away from high way Vilnius-Klaipeda.is ~ 4 km away from high way Vilnius-Klaipeda. The factory is The factory is located distantly from key residential areas, in the industrial area.located distantly from key residential areas, in the industrial area.

ObjeObject consists from three adjacent lands and as a basic is production and ct consists from three adjacent lands and as a basic is production and warehousing building with area of warehousing building with area of 11’036’48 m211’036’48 m2, near which is as follows, near which is as follows::

- - parking lot with blacktopparking lot with blacktop;;

- - wide access roadswide access roads;;

- - nearby (outside production site’s territory) is railway’s branchnearby (outside production site’s territory) is railway’s branch. .

DESCRIPTION OF PLOTS AND OBJECTS BEING IN THEMDESCRIPTION OF PLOTS AND OBJECTS BEING IN THEM

Plot Plot uni uniqueque N Noo. 7980-0001-0052. 7980-0001-0052StatybininkStatybininku stru str. 9,. 9, VievisVievis

AreaArea 1’2683 ha1’2683 ha, , land is relatively flat terrainland is relatively flat terrain, , access roads, loading-unloading access roads, loading-unloading grounds, car parking are with blacktop.grounds, car parking are with blacktop.

Legal basis for the use: Land lease agreement No 419 datedLegal basis for the use: Land lease agreement No 419 dated1997-12-19 1997-12-19 LeaseLease: : fromfrom 1997-12-19 1997-12-19 untiluntil 2096-12-19. 2096-12-19.

Legally land useLegally land use: : for another special purposefor another special purpose..

The existing land use: the law as intended The existing land use: the law as intended

Engineering networks: the site Engineering networks: the site hashas a water supply, sewerage, electricity and a water supply, sewerage, electricity and communication networks communication networks

Buildings being in the plotBuildings being in the plot

Furniture production departmentFurniture production department 7P1b uni 7P1b uniqueque Nr. 7997-3018-0010 Nr. 7997-3018-0010

Construction yearConstruction year 1973, re 1973, renovation yearnovation year 1998 m. 1998 m.CompletedCompleted 100% 100%

Main constructionsMain constructions. . FoundationFoundation – – concreteconcrete, , wallswalls – – concrete slabs and brick-builtconcrete slabs and brick-built plytų, plytų, dividing walls- gypsum boards, overlay-reinforced concretedividing walls- gypsum boards, overlay-reinforced concrete, , roof-roof- superposed superposed structures with web-coated surfacestructures with web-coated surface, , windowswindows – – wooden doublewooden double / plasti / plasticc..

Total building areaTotal building area 11’036’4811’036’48 m2m2

Internal finishingInternal finishing: administra: administrative facilities has floors from laminated parquet or tive facilities has floors from laminated parquet or carpeting, walls and ceilings are painted.carpeting, walls and ceilings are painted. San Sanitary rooms’ flooring and walls are from itary rooms’ flooring and walls are from tiles, ceiling is painted.tiles, ceiling is painted. Production facilities’ floor is from concrete or ceramic tiled; Production facilities’ floor is from concrete or ceramic tiled; walls painted; ceiling both painted and suspendedwalls painted; ceiling both painted and suspended..

Three-dimensional planningThree-dimensional planning: : Building’s holding structureBuilding’s holding structure – – frame from reinforced frame from reinforced concrete, step between the outer columnsconcrete, step between the outer columns – 6 m x 12 m, – 6 m x 12 m, step between the innerstep between the inner columns-columns-12 m. x 18 m. 12 m. x 18 m. Building is one storey, inside part of area has overlay. There Building is one storey, inside part of area has overlay. There are equipped administrative domestic premises in the second floor. Their height is 3 are equipped administrative domestic premises in the second floor. Their height is 3 m. m. At one end of the building At one end of the building isis separate part of the premises, they are equipped separate part of the premises, they are equipped with the production - back rooms, their height is 2.7 m. with the production - back rooms, their height is 2.7 m. ((see enclosed building’s plan)see enclosed building’s plan)

Engineering equipmentEngineering equipment: 1680 KW electricity, water supply, sewerage, telecoms, : 1680 KW electricity, water supply, sewerage, telecoms, security and fire alarmsecurity and fire alarm..Local boiler. Two Biofuel boilers with a capacity of 0.6 and 0.3 megawatts Local boiler. Two Biofuel boilers with a capacity of 0.6 and 0.3 megawatts Fire-fighting capacityFire-fighting capacity: two water tanks x 500 m3, fire station with two electric pumps : two water tanks x 500 m3, fire station with two electric pumps x 100 kw x 100 kw Compressed air transport Compressed air transport capacity:capacity: three bags that filter -210 three bags that filter -210 thous thous.m3 air per hour.m3 air per hour; ; two cyclones x 20two cyclones x 20 thous thous.m3 air per hour .m3 air per hour

Finished goods warehouseFinished goods warehouse 16F1b uni 16F1b uniqueque N Noo. 7997-3018-0020. 7997-3018-0020

Construction yearConstruction year 1975. 1975.IncompleteIncomplete

Main constructionsMain constructions.. Foundation-concrete, walls-only columns from reinforced Foundation-concrete, walls-only columns from reinforced concrete, flooring-concrete.concrete, flooring-concrete.

Total building area Total building area 607’50 m2607’50 m2

PlotPlot uni uniqueque N Noo. 7980-0001-0051. 7980-0001-0051StatybininkStatybininku str.u str. 6 6, , VievisVievis

Area Area 0’2554 ha,0’2554 ha, there are built fire pump-house and two fire tanks in the sitethere are built fire pump-house and two fire tanks in the site

Legal basis for the useLegal basis for the use: : Land lease agreement No. 419 dated Land lease agreement No. 419 dated 1997-12-19 1997-12-19 LeaseLease: : fromfrom 1997-12-19 1997-12-19 untiluntil 2096-12-19. 2096-12-19.

Legally land useLegally land use: : for another special purposefor another special purpose..

The existing land use: the law as intended The existing land use: the law as intended


Second lift stationSecond lift station 13H1p uni 13H1p uniqueque N Noo. 7997-4016-9019. 7997-4016-9019

Construction yearConstruction year 1984. 1984.CompletedCompleted 100% 100%

Main constructionsMain constructions. . FoundationFoundation – –concrete stripsconcrete strips, , wallswalls – – masonrymasonry, , roofroof – – susuperposed structures with web-coated surfaceperposed structures with web-coated surface, , windows-wooden single, outer windows-wooden single, outer door-woodendoor-wooden..Total building areaTotal building area 48’75 m2 48’75 m2

ResReservoirervoir 14H1b N 14H1b Noo. 7997-4016-9024. 7997-4016-9024

Construction areaConstruction area 1974. 1974.CompletedCompleted 100% 100%

Main constructionsMain constructions. . FoundationFoundation – monolit – monolithichic concreteconcrete, , wallswalls – – concreteconcrete..Total building areaTotal building area 128’52 m2 128’52 m2

ResReservoirervoir 15H1b N 15H1b Noo. 7997-4016-9038. 7997-4016-9038

Construction areaConstruction area 1974. 1974.CompletedCompleted 100% 100%

Main constructionsMain constructions. . FoundationFoundation – monolit – monolithichic concreteconcrete, , wallswalls – – concreteconcrete..

Total building areaTotal building area 128’52 m2128’52 m2

PlotPlot uni uniqueque N Noo. 4400-0881-7907. 4400-0881-7907StatybininkStatybininku str.u str. 1, Vievis 1, Vievis

AreaArea 1’2336 ha1’2336 ha, , there is building with concrete flooring and columns built from there is building with concrete flooring and columns built from reinforced concrete in itreinforced concrete in it. .

Legal basis for the useLegal basis for the use:: Land lease agreement No. 64dated Land lease agreement No. 64dated 2004-12-21 2004-12-21 LeaseLease: : fromfrom 2004-12-21 2004-12-21 untiluntil 2054-12-21. 2054-12-21.

Legally land useLegally land use: : industrial and warehousing facilities areaindustrial and warehousing facilities area..

The existing land use: the law as intendedThe existing land use: the law as intended


Finished goods warehouseFinished goods warehouse 1F1b uni 1F1b uniqueque N Noo. 7997-3017-9354. 7997-3017-9354

Construction yearConstruction year 1975. 1975.IncompleteIncomplete

Ownership of the buildingOwnership of the building 6594/10000 6594/10000 (3406/10000 UAB „Torlina“)(3406/10000 UAB „Torlina“)

Main constructionsMain constructions. . FoundationFoundation – – concreteconcrete, , wallswalls – – only columns from reinforced only columns from reinforced concreteconcrete, , flooringflooring – – concreteconcrete..

Built-up area Built-up area 8136’07 m28136’07 m2 Total land at Total land at VievVievisis 3.3928 ha3.3928 ha

DEVELOPMENT OPPORTUNITIESDEVELOPMENT OPPORTUNITIES

It is possible to carry construction of the buildingsIt is possible to carry construction of the buildings 16F1b 16F1b and and 1F1b 1F1bCurrently there are only foundation, columns from reinforced concrete and concrete Currently there are only foundation, columns from reinforced concrete and concrete base (floor)base (floor)

..BRIEF INTRODUCTION OF PRODUCTION UNIT’S BRANCH IN BRIEF INTRODUCTION OF PRODUCTION UNIT’S BRANCH IN EISISKESEISISKES

Total area of the territory Total area of the territory - 2,95 h- 2,95 hectares; land is leased from the stateectares; land is leased from the state ..Hard surface areaHard surface area- 1’800 m2- 1’800 m2Buildings are renovated inBuildings are renovated in 2006. 2006.TeTerritory is fencedrritory is fenced..

GOEGRAFGOEGRAFICAL LOCATIONICAL LOCATIONConnectionsConnections::

45 km 45 km toto Vilniaus Vilniaus

30 km 30 km toto Varėn Varėnaa

35 km 35 km toto SSalalcciinninkinkaiai

7 km to Belarus 7 km to Belarus borderlineborderline

PRODUCTION FACILITIESPRODUCTION FACILITIES::

Saw millSaw mill 1’440 m21’440 m2Production department of dried componentsProduction department of dried components 1’332 m21’332 m2Tool sharpening and metalworking barTool sharpening and metalworking bar 180 m2180 m2Compressor roomCompressor room 36 m2 36 m2Thermal unitThermal unit 10 m210 m2Material warehouseMaterial warehouse 99 m299 m2Components warehouseComponents warehouse 422 m2 422 m2 AdministraAdministrative premisestive premises 318 m2 318 m2Domestic premisesDomestic premises 234 m2 234 m2Dry kilnsDry kilns RAVITEKA 80m3 RAVITEKA 80m3 4 vnt. 4 vnt.

ENGINEERING EQUIPMENTENGINEERING EQUIPMENT::EleElectricityctricity 650KW 650KWLocal water supplyLocal water supplyLocal sewerageLocal sewerageNo gasNo gasSolid fuel boiler withSolid fuel boiler with powerpower of of 1,5 mega1,5 megawattswattsSawdust extraction systemsSawdust extraction systems

POSSIBLE TO CARRY OUT ACTIVITIES IN PRODUCTION UNITPOSSIBLE TO CARRY OUT ACTIVITIES IN PRODUCTION UNIT::

- - Glueboard & components productionGlueboard & components production- - Furniture productionFurniture production-- Windows and doors productionWindows and doors production- - Frame house productionFrame house production- Storage facilities/Logistic centre- Storage facilities/Logistic centre

BRIEF DESCRIPTION OF PRODUCTION UNIT’S MATERIAL BRIEF DESCRIPTION OF PRODUCTION UNIT’S MATERIAL FACILITIESFACILITIES

TECHNOLOGTECHNOLOGY AND MANUFACTURING CAPACITYY AND MANUFACTURING CAPACITY

Currently the production unit could develop Currently the production unit could develop solid pine furnituresolid pine furniture production using two production using two separate technological flows. It is the production of parts made from both glueboard separate technological flows. It is the production of parts made from both glueboard and solid planks.and solid planks.

Production waste (sawdustProduction waste (sawdust, , wood shavings, etc.wood shavings, etc.) ) is reprocessed into 100% of organic is reprocessed into 100% of organic and environmentally friendly product and environmentally friendly product – – bribriquettesquettes that are designed for industrial and that are designed for industrial and domestic solid fuel boilers.domestic solid fuel boilers.

Currently the production unit working under two shifts regime is able to produce per Currently the production unit working under two shifts regime is able to produce per month the following:month the following:

furniture totallyfurniture totally 4-5 4-5 MLNMLN L LTLTLtablestables 20’000 20’000 pcspcs..bunk beds & bedsbunk beds & beds 15’000 15’000 pcspcs..glueboardglueboard 1’000 m31’000 m3briquettesbriquettes 400 ton 400 tonnesnes

TECNOLOGITECNOLOGICAL EQUIPMENTCAL EQUIPMENTSSEQUIPMENTEQUIPMENT PPURPOSEURPOSE Average monthly Average monthly

capacity operating in two capacity operating in two shiftsshifts

OPTIKAT ir PAULOPTIKAT ir PAUL Planks cuttingPlanks cutting ~ 4000 m3 ~ 4000 m3 planksplanks

HIDROMATHIDROMAT Planer for lamellas productionPlaner for lamellas production ~ 2000 m3 lamel~ 2000 m3 lamellaslas

WEININGWEINING Planer for production of parts from Planer for production of parts from solid planksolid plank

~ 2000 m3 ~ 2000 m3 partsparts

KOLESOKOLESO Press for glueboard productionPress for glueboard production (3 (3 pcspcs.).)

~ 1000 m3 ~ 1000 m3 glueboardglueboard

COSTACOSTA Glueboard calibration lineGlueboard calibration line (2 (2 machinesmachines) ) per one operation cycle per one operation cycle calibrates the glueboard from both calibrates the glueboard from both sides up to desired thicknesssides up to desired thickness

Glueboard calibration Glueboard calibration lineline

Glueboard calibration line (by Glueboard calibration line (by perimeter) with integrated drilling perimeter) with integrated drilling machines per one opeartion machines per one opeartion cyscle gives to detail desired edge cyscle gives to detail desired edge profile and drilling.profile and drilling.

ROVER CNC ROVER CNC routersrouters Machines are used for Machines are used for performance of complex performance of complex operationsoperations (3 (3 pcspcs.).)

EQUIPMENTEQUIPMENT PPURPOSEURPOSE Average monthly Average monthly capacity operating in capacity operating in

two shiftstwo shifts

SpecializSpecialized table legs sanding ed table legs sanding machinemachine;;

SpecialiSpecialized legs turning lathezed legs turning lathe

VITAM. GOMAD, VITAM. GOMAD, BIESEBIESE

Drilling machine for the parts Drilling machine for the parts made of solid pine planksmade of solid pine planks

Edge lacquering lineEdge lacquering line

Legs lacquering lineLegs lacquering line

UV linUV linee Line Line gives a high surface gives a high surface resistance resistance for finished surfacesfor finished surfaces

Oiling lineOiling line Line makes three operations: Line makes three operations: sanding, staining and oilingsanding, staining and oiling

Automatic sprayerAutomatic sprayer For finishing of curved For finishing of curved elements, solid parts as well as elements, solid parts as well as components with different components with different fillingsfillings

PaPacking transportercking transporter

Beiquettes Beiquettes production pressproduction press

For sawdust processing into For sawdust processing into wooden briquetteswooden briquettes (2 (2 pcspcs.).)

~ 400 ton~ 400 tonnesnes

PRODUCTION FLASHES FROM MAIN PRODUCTION UNITPRODUCTION FLASHES FROM MAIN PRODUCTION UNIT

BRANCH IN EISISKESBRANCH IN EISISKES

INTERNAL ADVANTAGES FOR INVESTMENT INTO PRODUCTION UNITINTERNAL ADVANTAGES FOR INVESTMENT INTO PRODUCTION UNIT

- - Completely developed production unit for pine furniture manufacturingCompletely developed production unit for pine furniture manufacturing- all necessary technological equipments in good technical condition- all necessary technological equipments in good technical condition- professional management and high skilled workforce- professional management and high skilled workforce- strong long-term relationship with raw material suppliers- strong long-term relationship with raw material suppliers- knowledge and experience of doing business with IKEA- knowledge and experience of doing business with IKEA

-- Beneficial infrastructure/geographical locationBeneficial infrastructure/geographical location

- Right construction type of buildings- Right construction type of buildings- production on the line; dividing into separate small premises is eliminated- production on the line; dividing into separate small premises is eliminated- sufficient height in case of running the warehousing business - sufficient height in case of running the warehousing business

EXTERNAL ADVANTAGES FOR INVESTMENTEXTERNAL ADVANTAGES FOR INVESTMENT IN LITHUANIAIN LITHUANIA

Lithuanian economical background and relevant conditions for developing business are being Lithuanian economical background and relevant conditions for developing business are being on the upgrade comparing with 2009.on the upgrade comparing with 2009.

Projections of Lithuanian Economic Indicators acc to Survey of Lithuanian Economy Projections of Lithuanian Economic Indicators acc to Survey of Lithuanian Economy conducted by LFMI in January, 2010conducted by LFMI in January, 2010

The survey indicates that market participants are more optimistic now than they were in The survey indicates that market participants are more optimistic now than they were in September 2009. However, the optimism is very modest. Market participants predict that the September 2009. However, the optimism is very modest. Market participants predict that the Lithuanian economy will continue to contract in 2010, with unemployment being on the rise: in Lithuanian economy will continue to contract in 2010, with unemployment being on the rise: in 2009 it was 13,6 percent while project for 2010 is 16,7 percent and respectively 15,5 and 14,7 2009 it was 13,6 percent while project for 2010 is 16,7 percent and respectively 15,5 and 14,7 percent in 2011 and 2012. This expression is advantageous for employers.percent in 2011 and 2012. This expression is advantageous for employers.

As the LFMI survey shows, average net earnings amounted to about 1,620 Litas per month in As the LFMI survey shows, average net earnings amounted to about 1,620 Litas per month in 2009, a nearly 10-percent slide compared to 2008. Market participants believe that average 2009, a nearly 10-percent slide compared to 2008. Market participants believe that average net earnings will continue to drop, by 6.5 percent, totaling 1,514 Litas per month in 2010.net earnings will continue to drop, by 6.5 percent, totaling 1,514 Litas per month in 2010.

According to the LFMI survey, the price of borrowing will go down in 2010 compared to 2009.According to the LFMI survey, the price of borrowing will go down in 2010 compared to 2009.Market participants think that interest on loans in Litas was between 8.5 and 9 percent in 2009 Market participants think that interest on loans in Litas was between 8.5 and 9 percent in 2009 while there is forecast from 7,1 to 7,5 percent in 2010while there is forecast from 7,1 to 7,5 percent in 2010

According to the survey, the year 2010 will be more auspicious to companies than the According to the survey, the year 2010 will be more auspicious to companies than the previouspreviousyear. Market participants believe that the profit margin and the return on equity averaged 2 year. Market participants believe that the profit margin and the return on equity averaged 2 and 4 percent respectively in 2009. They expect that both the profit margin and the return on and 4 percent respectively in 2009. They expect that both the profit margin and the return on equity will increase and average 3 and 5.2 percent respectively in 2010equity will increase and average 3 and 5.2 percent respectively in 2010

As the survey demonstrates, exports will continue to grow at a higher rate compared to As the survey demonstrates, exports will continue to grow at a higher rate compared to imports. Market participants forecast that imports will grow by nearly 2 percent in 2010 and imports. Market participants forecast that imports will grow by nearly 2 percent in 2010 and exports will edge up by 5.3 percent. A negative GDP forecast and the projected five-percent exports will edge up by 5.3 percent. A negative GDP forecast and the projected five-percent export growth indicate that market participants anticipate a faster recovery of foreign markets export growth indicate that market participants anticipate a faster recovery of foreign markets compared to the Lithuanian market and see exports as the course for the recuperation of the compared to the Lithuanian market and see exports as the course for the recuperation of the Lithuanian economy.Lithuanian economy.

Information about property AN INVITING OFFER FOR INVESTMENT 2010.

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