Accession to the European Union: impact of legislation change on performance of Lithuanian companies
The paper focuses on implications of the EU accession for competitiveness of New Member States, and specifically, Lithuania. Basing on a case study analysis of internationally trading Lithuanian company, effects on its performance, caused by European trade regulation, are being revealed. Authors raise a question whether the EU accession facilitated international trade for newcomers, and if not, what reasons conditioned unfavourable effects. Subjective and objective factors impacting business activity in the after-transition years are being considered.