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Economy

Lithuanian start-ups attracted EUR 70 million in investments in 2018, further breakthrough will be determined by environment improvement

In 2018, the Lithuanian startup community achieved the record-breaking results, i.e. attracted EUR 70 million in investments from abroad and Lithuanian investment funds. At the same time a legal basis for a better business environment was being developed for innovative Lithuanian business, what will determine a more significant breakthrough of the Lithuanian startup ecosystem next year, a press release from Startup Lithuania states. […]

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Society

Works by Lithuanian designers in homes of world-famous celebrities

Due to their solutions and functionality, works by Lithuanian furniture designers cater for the needs not only of NATO but also of Claudia Schiffer. According to design specialists, we are known worldwide and have a reputation for being among the first to master the latest production technologies and perfectly coordinate aesthetics with functionality, a quality that plays an important role for the modern man, a press release from Litexpo states. […]

Virginijus Sinkevičius
Economy

Life sciences is the top industry among Lithuanian innovators

Lithuania has been gradually becoming one of the high tech centres in the region – the country has defined a goal to become the most attractive European country for the development of the life sciences sector by 2030. On 26 September, during Life Sciences Baltics, the largest international life sciences baltics forum in the Baltic countries, Lithuanian Minister of Economy Virginijus Sinkevičius presented perspectives for the development of the Lithuanian life sciences industry, a press release from Enterprise Lithuania states. […]

Signing of cooperation memorandum
Economy

Significant impetus for trade with China will be given by cooperation with the bank

Enterprise Lithuania and Bank of China Limited signed a cooperation memorandum providing Chinese and Lithuanian business communities with an opportunity to develop more efficient cooperation in the fields of trade, investments, services, and industry. The cooperation agreement was signed on 7 July, at the meeting of heads of government of the Central and Eastern European countries and China, held in Sophia, a press release from Enterprise Lithuania states. […]

Vilius Šapoka
Foreign affairs

Minister of Finance: Lithuania seeks to become China‘s financial service gateway to Europe

In the meeting of heads of Governments of China and the Central and Eastern European countries 16+1, wherein Lithuania was represented by Vilius Šapoka, the Minister of Finance, it was agreed to establish a financial technologies coordination centre of 16+1 format in Vilnius and to organize high-level fintech conference in 2019, a press release from the Ministry of Finance states. […]

2012 Nobel Prize in Chemistry laureate Brian Kobilka
Society

Nobel Prize winner to speak at Life Sciences Baltics 2018 in Vilnius

Brian K. Kobilka, MD, Professor of Molecular and Cellular Physiology and Hélène Irwin Fagan Chair in Cardiology at the Stanford University School of Medicine, the recipient of the 2012 Nobel Prize in Chemistry for his work on G-protein-coupled receptors, will be the keynote speaker at the Life Sciences Baltics conference to be held in Vilnius, Lithuania on September 26-27, 2018, a press release from Enterprise Lithuania states. […]

A very large audience at annual Norwegian Lithuanian Business Forum in Vilnius  Photo © Ludo Segers @ The Lithuania Tribune
Nordic/Baltic

Lithuanian technology spurs Norwegian investment at the Norwegian-Lithuanian Business Forum

Following the opening remarks by President Dalia Grybauskaitė and Crown Princess Mette-Marit of Norway‘s the Norwegian-Lithuanian Business Forum turned to exploring how Lithuanian technology and expertise inspires growth and attracts investment. Norwegian 20 companies accompanying that Norwegian royal couple on their visit to Lithuania joined the 250 attendants of the annual Forum. Arne Hjeltnes of Creuna in a most entertaining way presented all the speakers during the Forum. Geir Håøy, President and CEO, Kongsberg Group also gave a speech. […]

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Foreign affairs

Norway finds Lithuania as innovative and advanced business partner

Today around 60 companies and associations participated in the Norwegian-Lithuanian B2B meetings organized by Enterprise Lithuania. On April 24-25 during the Norwegian-Lithuanian business days companies from both countries are discussing cooperation opportunities in the areas of innovation, high technology, logistics and defence, the Enterprise Lithuania press office informed in a press release. […]

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Economy

Startup Visa has already brought 6 startups from abroad to Lithuania this year

Startup Visa – a new foreign talent attraction scheme, which was launched in Lithuania a year ago, has gathered pace this year – as many as 6 foreign startups started their activities during the first quarter, compared to the same number of startups established over nine months last year, a press release from Enterprise Lithuania states. […]

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Economy

Life sciences trend setters will meet in Lithuania

Cannabinoids, age related diseases, CRISPR-Cas9 gene editing technique, which has been named as one of the five technologies that will disrupt healthcare by 2020, and other trending topics will be discussed at “Life Sciences Baltics 2016” international forum in Vilnius, Lithuania on September 14-15. […]