Norwegian Ambassador: The Antidote to a Pandemic Recession is a Sustainable Business. We have Recovered by Investing in New Business Models

Norwegian Ambassador: The Antidote to a Pandemic Recession is a Sustainable Business. We have Recovered by Investing in New Business Models
2021 06 18

2020 was the year that shook the peaceful life of Norway: pandemic, unemployment, quarantine, depreciation of the Norwegian krone, fluctuations in oil prices. However, in less than a year later, the country’s economy has recovered, with growth projected in the healthcare, construction, information and communication technology, retail and pharmaceutical sectors. Innovative local businesses, developing environmentally friendly products and technologies, as well as investing in business development in other countries, contributed to this recovery. What promotes the sustainability of Norwegian business and how can Lithuania take advantage of this?

The Norwegian Ambassador Ole Terje Horpestad says that even though during the quarantine, everyone faced a new reality and had to tighten their belts, the resilience of the Norwegian economy surpassed even the most optimistic scenarios.

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The pandemic year has shown that constantly changing, strengthening business resilience and flexibility is key to success. We invite you to join us on September 9 at a leadership conference for business executives and decision-makers ReFocus and listen to the experience of Lithuanian and Norwegian businesses leaders on how to increase business immunity.

During presentations and collaboration sessions, business executives will exchange resilience-building lessons, while looking for the necessary ingredients for effective hybrid work. The conference is funded by the European Economic Area and the Norwegian Financial Mechanisms Bilateral Cooperation Fund.

More information and registration for the event

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