The Seimas of Lithuania and the Lithuanian Ministry of Economy together with Baltic Institute of Corporate Governance to host Baltic summit on Corporate Governance on March 19, 2010 in the Lithuanian Parliament.

Governance of state-owned enterprises is a major challenge in many economies, including the 3 Baltic states.

As the Baltic governments seek higher efficiency and transparency in the public sector, governance of the state and municipality-owned enterprises is of primary importance.

Baltic Institute of Corporate Governance will develop corporate governance guidelines for state and municipality owned enterprises to aid the Baltic governments assess and improve the way they exercise ownership of these companies, which constitute a significant share of the economy.

Welcome address will be held by Prime Minister Andrius Kubilius, Chariman of the meeting will be Pekka Timonen other key note speakers include Richard Frederick, Dag Detter, Chris Hodge Ian Plenderleith and Arminta Saladžienė.