Lithuanian investment on the rise

  • 2006-10-25
  • From wire reports
VILNIUS - Total investment into Lithuanian corporate securities rose 8.3 percent in the first nine months of the year to 37 billion litas (10.7 billion euros), according to data from the Central Securities Depository (CSDL), with the government making the lion's share of the investments.

Investment by residents grew by 15.7 percent during the nine-month period, making up 65.3 percent of the total investment, while investment by non-residents fell by 3.4 percent or 36.7 percent of the total.
Danish investment represented 6.9 percent of the total and German investment accounted for 4.8 percent. Investors in Lithuania's Baltic neighbor Estonia accounted for 4.4 percent of the total corporate security investments during the first nine months of this year.

The central government invested a total of 6.44 billion litas or 17.4 percent of the total amount during the first nine months of this year. Lithuanian owned private non-financial corporations accounted for 17.3 percent of the total, and households for 11.2 percent. State owned non-financial corporations accounted for 6.3 percent of the total investments during the first nine months of 2006.