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Economy

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. […]

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Economy

Indie developers JetCat Games receive first venture capital in Lithuanian gamedev industry

JetCat Games, founded by three game developers from Belarus, Ukraine, and Russia, has just marked a new milestone in the Lithuanian gamedev industry by becoming the first game developer to receive venture capital from a Lithuanian risk capital fund. The indie game development company, which moved to Vilnius almost a year ago, has just received EUR 100 000 from Lithuania-based venture fund Practica Capital. […]

Projektas „Because it's Panevežys, dude“
Economy

Danish robotics company looking into setting up excellence centre in Panevėžys

On 15 July, John Erland Østergaard, the founder and director of the Danish company Blue Ocean Robotics, and Thomas Solupajev-Ronlev, partner in the company’s Lithuanian subsidiary, paid their third visit to Panevėžys. During their previous visits the businessmen visited the robotics laboratory of the Panevėžys Faculty of Kaunas University of Technology, Panevėžys Mechatronics Centre, and introduced their company to the city’s mayor and other politicians. […]

Economy

Lithuania’s airports report healthy upturn in operating results

It has been a good year so for Lithuania’s airports with traffic across its three biggest gateways up by 11% in the first five months of 2015. […]

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Economy

Lithuanian entrepreneurs impress investors

Asked to share his impression of the 2015 LOGIN, one of the biggest tech events in the Baltics held between 7–8 May in Vilnius, Marcin Hejka, Vice President and Managing Director of Intel Capital, Poland, revealed that he had observed “tremendous progress” in the Lithuanian market during the past 2 years. […]

Vilnius
Economy

The rise of Lithuania as a force in IT: Why Google and Nasdaq are investing here

The tech sector thrives in this Baltic state, and education in the STEM field is at the core of its growth. […]

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Society

Lithuanian universities launch Health Informatics program

With the rapid progress of science and technology, and the increasing demands of top employers for specialists with knowledge in a range of fields, traditional degree programs are being expanded and diversified. It is with this in mind that Kaunas University of Technology (KTU) and the Lithuanian University of Health Sciences (LSMU) have announced the launch of Lithuania’s first ever Health Informatics degree program. […]

Klasmann-Deilmann
Economy

Klasmann-Deilmann to expand production capacity in Lithuania

The Germany-based Klasmann-Deilmann Group has announced EUR 11 million worth of investments in Klaipėda County, Lithuania. The company is to build a further state-of-the-art production line for manufacturing peat products and growing media for the worldwide commercial-horticulture sector. Its intended expansion of an existing factory at the Šilutė site includes plans for high-performance mixing, screening and packing facilities, a research laboratory and an experimental greenhouse for product development. This will involve the creation of at least 20 new jobs over the next three years. […]

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Economy

AlternativaPlatform, creators of Tanki Online, to open office in Vilnius

AlternativaPlatform, the creators of on-line game Tanki Online, which currently serves over 5 million users monthly, have announced the opening of their office in Lithuania. The office will soon employ five people who will be responsible for Tanki Online communication, public relations and client service in the European market. There are plans to enlarge the team in the future. […]