Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga,...
-
Upload
leslie-lily-carson -
Category
Documents
-
view
212 -
download
0
Transcript of Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga,...
![Page 1: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/1.jpg)
Business Environment in Baltic States
Mindaugas ValuckasMember of the Board
Hanner AB
Riga, 10/14/2011
![Page 2: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/2.jpg)
About Hanner
Invests in CEE region:Lithuania, Latvia, Romania, Ukraine, Russia and Belarus
Starts new investments in Germany and Scandinavia
Completed 20 RE projects
Did 3 private equity investments
![Page 3: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/3.jpg)
Veikla
3 Baltic states makes less than 0.5% of total EU GDP
Less than 1.5% of total EU population lives in Baltics
How to compete with big nations?
![Page 4: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/4.jpg)
Market
Huge stable Small volatile Big volatile
West vs Baltics vs East
Bank lending
Reasonable Good / Acceptable Nearly impossible
![Page 5: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/5.jpg)
West vs Baltics vs East
Legal System
Mature and clear Well advanced Very weak
![Page 6: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/6.jpg)
West vs Baltics vs East
Work force
Professional Qualified Inefficient Expensive Reasonable Cheap
![Page 7: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/7.jpg)
West vs Baltics vs East
Corruption
Virtually zero Moderate Uncontrolabe
![Page 8: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/8.jpg)
West vs Baltics vs East
Bureaucracy
Cooperative Improving Unreasonable
![Page 9: Business Environment in Baltic States Mindaugas Valuckas Member of the Board Hanner AB Riga, 10/14/2011.](https://reader030.fdocuments.us/reader030/viewer/2022032600/56649dac5503460f94a9b9bb/html5/thumbnails/9.jpg)
Conclusion
Baltics are on a good way in improving business environment, but there still long way to go