What do we think about Lithuanian business people?

 

“During thirty years of independence, Lithuanian business has managed to earn many different stereotypes. Let’s list the most famous and popular.

The Lithuanian trader will squeeze the supplier, squeeze the last pennies out of the supplier and eventually buy the supplier (perform the so-called vertical integration).

The Lithuanian builder will create a scheme that will allow bankruptcy without settling accounts with contractors. The same builder will sell the apartments with cardboard walls and will go unpunished.

A large Lithuanian businessman will buy an influence by putting cash in a box from a strong alcoholic beverage, as if there were no more civilized way to buy the same influence.

A Lithuanian entrepreneur will prefer a business model whose main competitive advantage will be price-based and therefore will try to hire cheap labor, ideally for a minimum wage.

Lithuanian technology master, even if he creates a unicorn, that unicorn will be an online store of second-hand clothes. And so on, and so on.

Lithuanian business includes money laundering, VAT looting, employee exploitation, non-payment with suppliers, non-implementation of equal opportunities, low salaries, Jasikevičius vocabulary from Monday to Friday (sometimes on weekends), flooded with vomit homesteads during company balls, Radis concert during the same ball, sexism, mobbing, bullying and, finally, bankruptcy.”