Vilnius new office town from Green Hall Photo

Catalyst Development Ltd Announces Record Year and New Nearshore Hub in Lithuania

Fast-growing financial services consultancy Catalyst Development Ltd has announced a record year. Between April 2017 and March 2018 [FY18], Catalyst substantially grew its investment base, services, markets, clients, staff and profitability. Since October 2017 alone, Catalyst has achieved a record increase in organic growth and client delivery, tripled its staff numbers, acquired a market-leading asset and wealth consultancy with an offshore base in Jersey and been named as one of the UK’s top 50 Best WorkplacesTM. Today, the firm is announcing the opening of a new nearshore consultancy hub in Vilnius, in partnership with Invest Lithuania, to allow it to further scale its services to clients across all European financial centres, a Catalyst Development press release states. […]

Continental plant in Kaunas

Continental expands its presence in Europe and builds first plant in Lithuania

As part of its strategy of strengthening manufacturing capacities in Europe, the technology company Continental, is to build a new facility in the Kaunas region of Lithuania. The company plans to invest €95 million in the new unit, which will produce electronic components and create around 1000 new jobs over the next five years. […]


Lithuania targets service centres after Swedbank announcement

The Swedish banking group Swedbank has announced it is opening a new service centre in Lithuania that will employ 400 people. Five more investors are interesting in moving some of their operations to Lithuania, the country’s foreign investment agency says. […]

Mantas Katinas

50% more jobs created by foreign companies in 2015, says Invest Lithuania

The latest figures show that last year was a record year for Lithuania and Invest Lithuania with 50% more jobs created from foreign investment than last year, according to the agency. […]

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Leading Chinese mobile solutions company Fun Guide to open Lithuanian office

Fun Guide, China’s leading mobile e-commerce and integrated mobile solutions company, has chosen Lithuania as the location for its first office in Europe. The company, which counts among its customers a number of big Chinese players including major banks, will open Fun Guide Europe, a Vilnius-based mobile software development and data mining office, this autumn. The company is now recruiting a team of talented software specialists in Lithuania who will be responsible for developing new mobile software for the company and will also carry out big data analytics. […]

Kauno oro uostas

Kaunas Airport attracting aviation-related businesses with new AEROHUB KUN

Kaunas Airport is changing rapidly, with a progressive future vision. The creation of Lithuanian Airports last year, following the merger into one entity of Vilnius, Palanga, and Kaunas airports, has established a clear strategic direction. This sees Kaunas Airport become the base for aviation-related businesses through implementation of the AEROHUB KUN investment project, Invest Lithuania, the state investment promotion agency, reports. […]