Three years after Russia brtualy invaded Ukraine, millions of Ukrainians have been forced to flee their homes, leaving behind not only their lives but also their businesses. In Lithuania, however, many of these displaced individuals are finding employment and establishing themselves as entrepreneurs, contributing to the country’s economy in meaningful ways.
Ukrainians Becoming Employers
Recent data reveals that approximately 2,600 businesses in Lithuania are now majority-owned by Ukrainian citizens. This demonstrates a growing trend of Ukrainians not only integrating into Lithuanian society but also becoming active participants in its economic development.
Minister of Economy and Innovation Lukas Savickas emphasised Lithuania’s commitment to supporting Ukrainians:
“Lithuania has always been strong in collaborating with other nations. During these difficult times, we stand with Ukrainians. We are pleased that they find not only a safe environment here but also opportunities to work and start businesses. We hope that this cooperation will serve as a strong foundation for both countries’ growth and future development after the war.”
A Surge in Ukrainian Investments
Between the first quarter of 2022 and the third quarter of 2024, direct investments from Ukraine in Lithuania grew by €44.48 million, bringing total Ukrainian direct investment in the country to nearly €127 million.
The main areas of Ukrainian investment in Lithuania include:
- Real estate – 20% of total investments
- Wholesale and retail trade – 19%
- Manufacturing – nearly 13%
Major Ukrainian Businesses in Lithuania
Several Ukrainian companies have made significant business moves in Lithuania. Among them:
- Kormotech, a pet food manufacturer, is investing €60 million in Kėdainiai to build a second factory, which is expected to create 200 new jobs.
- Kvazar-Micro, an IT wholesaler, has established operations in Lithuania.
- Nova Post, a major Ukrainian parcel delivery company, has expanded its logistics services to Lithuania.
36,000 Ukrainians Employed in Lithuania
Apart from business ownership, many Ukrainians have successfully entered the Lithuanian labour market. As of early February 2025, 36,100 Ukrainians were employed under official work contracts across various sectors, including industry, services, technology, and logistics.
Recognising the need for smooth integration, Lithuania’s institutions and business community have introduced programmes to help Ukrainians learn the Lithuanian language, acquire new skills, and develop professionally. Many companies have already launched employment and training initiatives to assist Ukrainian workers in adapting to the labour market.
