OREANDA-NEWS. April 15, 2010. Employees of TEO LT, AB, the largest provider of integrated telecommunication, IT and TV services in Lithuania, will dedicate one workday each year for volunteering activities. This opportunity is provided by a new social initiative announced in the Company this year – the Corporate Volunteering Day, which will be paid with the employer’s funds.
 
The Corporate Volunteering Day – one of the first such initiatives in Lithuania. It is estimated that its implementation will cost TEO up to 280 thousand litas – this amount is equal to one day’s salary of all the employees of the Company.
 
According to Arunas Shikshta, General Manager of TEO, TEO is one of the most socially active companies in Lithuania, constantly involved in public projects and receiving requests to support various initiatives.
 
“Most projects require not only financial support, but also help with ideas, experiences or just handwork.  Therefore, we hope that our contribution to public activities with voluntary work will be needful and will make a difference. All the more that the promotion of volunteering is one of the strategic directions of TEO social responsibility activities”, - A. Shikshta said.
 
About 2 thousand employees of TEO will have the opportunity to voluntarily contribute to the initiatives of different public organizations, including those announced by the Company itself. One of them – the environmental clean-up campaign “Darom 2010” (Let's do it 2010), which will take place on the 17th of April.
 
A considerable number of the Company’s employees will volunteer on the 30th of April. In co-operation with the organization “Save the Children Lithuania”, they will visit children care homes in different cities, read lectures in the organization “Kitas variantas”, and implement other initiatives with local communities.
A part of TEO employees are already involved in voluntary activities in organizations such as “Save the Children Lithuania”, “Big Brothers Big Sisters”, and actively participate in public environmental cleaning campaigns. It is expected that the Corporate Volunteering Day announced by the Company will become an impetus for long-term volunteering.
 
TEO is one of the business enterprises most actively promoting volunteering in Lithuania. In 2008, the Company, together with public institution Volunteers’ Centre, Lithuanian Free Market Institute (LFMI) and TNS Gallup, organized the first conference on volunteering. At the end of last year, TEO, Alliance of Voluntary Organizations and the portal CV.LT created the first in Lithuania independent voluntary job search website for those looking for volunteers and voluntary jobs – the portal www.cv.lt/savanoryste.
 
Surveys show that Lithuania is one of the European Union countries that are least involved in voluntary activities – according to Eurobarometer, only 11 percent of Lithuanians are doing that on a regular basis. In Western European countries, volunteering contributes significantly to the economic development and gross domestic product (GDP) increase. For example, in Great Britain, 23 million people work as volunteers every year, and the economic value they create has been estimated at more than 65 billion Euros per year, or almost 8 percent of GDP.