The newly appointed Minister of Economy Mindaugas Sinkevičius takes office

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2016 12 14

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Mindaugas Sinkevičius, a 32 years old member of the Lithuanian Social Democratic Party, is taking up his duties as the Minister of Economy of the Republic of Lithuania. He is the successor of  Evaldas Gustas, who was the leader of the Ministry of Economy for more than three years. Prior to becoming Minister of Economy Mindaugas Sinkevičius was Mayor of the Jonava District Municipality. 

The key priorities of Mindaugas Sinkevičius include preparation for the planned reduction of the EU structural funds support following 2020, more active attraction of investments, reforms in the state-owned enterprise sector and the improvement of conditions for business.

Mindaugas Sinkevičius was born on 20 June 1984 in Jonava; he graduated from Jonava Old Town Gymnasium in 2003. In 2007, he acquired a qualifying degree of Bachelor of Management and Business Administration at Vilnius University; in 2004–2008, he did extramural studies at Mykolas Romeris University where he acquired a qualifying degree of Bachelor of Law. In 2007–2009, Sinkevičius continued his studies at ISM University of Management and Economics where he acquired a qualifying degree of Master of Management and Business Administration. In 2015, he defended a doctoral dissertation at ISM University of Management and Economics.

In 2008–2009, Sinkevičius was Deputy Mayor of the Jonava District Municipality; later in 2010–2011, he continued as Deputy Mayor on an unpaid basis. From April 2011, he was Mayor of the Jonava District Municipality. During the 2007–2011 term of the Council of the Jonava District Municipality, he led the Social Democratic Political Group, chaired the committees on control, economics, finance and business development. Mindaugas Sinkevičius was the Chairman of the Kaunas Region Development Council and a member of the Committee of the Regions of the European Union. 

Mindaugas Sinkevičius is Deputy Chairman of the Social Democratic Party.