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SCCL working group is taking action 🥁 Launch of webinar series 🎆 Swedish response to COVID-19 🇸🇪
SCCL Advocacy working group takes action

A working group of SCCL Member companies, consisting of KG Knutsson, SLT Industrial Components, Baltic Amadeus, SynoInt, Volvo Trucks Lietuva, Nordgain, Scania Lietuva and led by the Managing Partner at WALLESS Dovile Burgiene, have submitted a list of business suggestions on behalf of the Swedish Chamber of Commerce in Lithuania to the Lithuanian Parliament and Government leaders, including the suggestion of introducing government subsidies for rent of commercial property, one-time "go-digital" grants as well as the possibility to offer digital competence development trainings for laid-off employees, while keeping the subsidies for lay-offs. The full document can be downloaded here. Anyone who would like to join the working group is welcome to contact the Managing Director of SCCL Jone Sestakauskaite, or tel. +370 673 27803.

Launching the series of Swedish Business Fika webinars
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NEW DATE - European Banking & Finance Conference
member news
Special edition of Global Economic Outlook - April 2020

The special edition of Business Sweden Global Economic Outlook outlines the measures being taken across the world to curb the spread of the coronavirus and assesses both immediate impacts on Swedish exports as well as long-term consequences for the economy. The report highlights the domino effects of the crisis, ranging from supply chain disruption and reduced household consumption to the threat of soaring unemployment in Sweden’s key export markets. It also outlines the options that exporting companies must now consider. Find the full report here.

New products from Baltic Amadeus

Baltic Amadeus team strongly believes that video is the most powerful tool - their brand new product, Vijeo, allows user to create video format e-mail message and provides in-depth analysis on the recipient’s behavior. Analytics function notifies the user when the recipient opens the email, shows the video view time and provides customer’s engagement. There is also an integrated possibility to send the Vijeo message through LinkedIn, Whatsapp or Messenger.

A tech-savvy team, led by Mantas Mažūna, Head of Partnerships at Baltic Amadeus, have developed a solution for slowing down the Covid-19 pandemic. The solution is called CovidApp and allows tracking all active COVID-19 infected patients by allowing healthy people to cross-match their location history timeline against locations visited by infected people. If the matches are to be found, the person would be able to analyze the risk of that particular contact. Find more information here.

sweden in focus
Swedish Government Strategy in response to COVID-19

The overall objective of the Swedish Government’s efforts is to reduce the pace of the COVID-19 virus’s spread: to ‘flatten the curve’ so that large numbers of people do not become ill at the same time. According to Prime Minister Stefas Löfven, "Every person in Sweden needs to take individual responsibility. If everyone takes responsibility, we can keep the spread of the virus in  check".

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Sweden's unique approach to Coronavirus helps businesses

According to Andreas Hatzigeorgiou, CEO at the Stockholm Chamber of Commerce, who appeared on the Marketplace Morning Report, the effects of the coronavirus outbreak on businesses in Sweden are dramatic. However, the economic situation could have been worse if the Swedish approach had been more similar to other countries with a complete lockdown. It is a huge advantage that Sweden is highly digitalized, which also limits the negative impacts of the coronavirus crisis. Listen to the interview (in English) here.

Corona impact on Swedish businesses and new Government response measures
  1. Unemployment in Sweden is now increasing faster than during the financial crisis in 2008. People working in the restaurant and hotel industry are the worst affected, as well as staffing agencies, the transport sector and also within retail. Source
  2. The Swedish Export Credit Agency has decided on new guarantees for Swedish exporting companies and their sub-suppliers. With the new guarantee, sub-suppliers get paid more quickly and securely. Source
  3. The Christian Democrats together with other parties in Sweden demand additional state support for companies hit by the coronavirus crisis. The party requires that all companies, regardless of industry, would be able to get compensation for fixed costs, such as rent and leasing agreements, if their turnover has fallen by more than 40%. Source
  4. Companies that are financially affected by the coronavirus can get temporarily reduced employer fees or postpone payment of taxes and fees. Source
  5. Due to the coronavirus crisis, the exchange rates of Swedish krona against the dollar and the euro have fallen to levels that prevailed during the financial crisis, or lower. Source
Travel information from Swedish authorities

The nationwide quarantine in Lithuania is extended until April 27th. It is still possible for Swedes to go from Lithuania to Sweden by ferry from Klaipeda. All the updates on the travel restrictions between Lithuania and Sweden can be found on the homepage of the Embassy of Sweden in Lithuania.

partner news
A new platform for innovative digital solutions

The Nordic Council of Ministers in partnership with GovTech venture company PUBLIC initiated a new free-to-access platform where governmental organisations and digital entrepreneurs can find each other, and showcase tech initiatives across the Nordic-Baltic region as responses to the Corona crisis. The focus is on knowledge-sharing and collaboration between public and private sector innovators. This platform is updated regularly with an overview of cross-sector initiatives, regional partnerships, and case studies of potential solutions.

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Online shop by Prohibicija

After an intensive day of working remotely, treat yourself with some refreshments that can be ordered online and delivered directly to your door. SCCL members receive 1 alcohol free Elderflower IPA free-of-charge for purchases above 20 euro. Promo code: Swedish Chamber. Add the promo code in the "note to your order" /"PRIDĖK PASTABĄ PRIE UŽSAKYMO" box.

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join our growing network!

Being a Member of the Swedish Chamber of Commerce in Lithuania is an effective way of establishing new business contacts, building networks and staying informed about Swedish-Lithuanian business. 
The Chamber has five membership categories for legal entities and two types of membership for individuals.

Apply here!
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Swedish Chamber of Commerce in Lithuania

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