King of Sweden welcomed the successful cooperation between Lithuania and Sweden in the area of communications

Date

2015 10 08

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Today, during a three-day state visit in Lithuania, King Carl XVI Gustav of Sweden together with Minister of Transport and Communications of the Republic of Lithuania Rimantas Sinkevičius visited Swedish capital company TEO LT. The King of Sweden and Minister exchanged views on developments in the field of communications, discussed the successful cooperation between Lithuania and Sweden.  

During the visit, the activity and prospects of TEO LT, part of TeliaSonera Group (Sweden), in Lithuania were presented to the King of Sweden. According to the Minister, the work of this company is an important economic link  in the field of telecommunications between the countries.

Sweden is the largest foreign investor in Lithuania. Business investments of Sweden amount to more than a quarter of foreign direct investments in Lithuania.