Last year, Lithuania attracted 29 foreign companies. In the next three years the country should have about 2,000 additional jobs thanks to these new investors. A recent report by the “Kapital” program, broadcast on Estonian national television, investigated what Lithuania has that Estonia doesn’t, Invest Lithuania reported. […]
Neurotechnology, a provider of high-precision biometric, robotics and AI technologies, introduced the SentiGaze Software Development Kit (SDK). The SentiGaze algorithm enables designers and developers to create applications that use off-the-shelf webcams to track eye movements and generate heatmaps based on how a user gazes at a monitor. Heatmaps can be used for applications such as analysis of websites or determining the effectiveness of online advertising. The SDK can also be used to develop interfaces for a number of other gaze-aware applications, including games and software that provides disabled people with some assistance in controlling their computers. […]
Neurotechnology, a provider of high-precision biometric, robotics, AI and computer vision technologies, on Friday introduced the SentiSculpt Software Development Kit (SDK) for the creation of 3D object models. […]
21 January 2015 marks an official launch of the Baltic Highway, a modern data transmission network, connecting Tallinn (Estonia) and Frankfurt (Germany) via Riga (Latvia), Vilnius (Lithuania), Warsaw (Poland) and Berlin (Germany). The 3,000km optical fiber network is distinguished for its reliability, low 35 milliseconds latency, capacity of 100G per channel and 9.6 Tbit/s total throughput. […]
Nasdaq (Nasdaq: NDAQ) announces that the world leading operator of exchanges and provider of capital markets technology, will create a new technology and business support competence center in Vilnius. […]
Lithuania has this year joined the other Baltic countries in adopting the euro. Entering the common European currency can give the country’s economy an additional boost, with more foreign investment on the cards, especially from Sweden, Invest Lithuania said. […]
Danske Bank, the largest financial services group in Denmark and the second largest in terms of assets owned in Northern Europe, is establishing an IT service centre for its group of companies, Danske Group IT Lietuva (DGITL), in Vilnius. […]
2014 proved to be a record year for Invest Lithuania, the nation’s foreign investment development agency, with 29 foreign companies deciding to establish or develop their businesses in Lithuania. Altogether almost 2,000 new jobs are planned over the next three years. […]
Lithuanian game developers who participated in AppCampus, Microsoft and Aalto University’s global mobile applications business accelerator programme, have been more successful than their counterparts from the other Baltic States. Ten Lithuanian projects have received funding for further activity since the start of AppCampus in 2012. […]
Having opened an office in Vilnius this summer, American software engineering company Exadel has announced further plans for expansion, including the opening of new offices in Kaunas and Klaipėda. Exadel intends to create 35 new jobs for IT specialists and programmers in the two new offices. […]
Infare, the flight data collection, delivery and analysis company, is expanding its operations in Lithuania. The Danish company, which opened offices in Vilnius in 2011, already has half of its total workforce based there and plans to increase this number to 30. […]
Over the past few months the Baltic states have witnessed an influx of residence permit applications from Russian, Belarusian and Ukrainian citizens. The reason behind this is clear: the deteriorating political and economic conditions in these countries. […]
“Internet speeds in London are some of the lowest in Europe, new data reveals, with the capital cities of Romania, Lithuania, Latvia and Slovakia all outpacing us,” reports London’s Evening Standard. […]
A sponsorship agreement worth more than 100,000 euros has been signed by Kaunas University of Technology (KTU) and UAB Intermedix Lietuva, the Lithuanian branch of Intermedix, a US company that provides IT solutions for the US healthcare market. […]
Revel Systems, a rapidly growing developer of innovative iPad point of sale payment systems based in the US, is establishing a division in Lithuania. Having recently attracted 100 million US dollars of investment from New York based venture capital fund Welsh, Carson, Anderson & Stowe and other strategic investors, the company plans to establish a division in Lithuania to expand its team of IT engineers and to distribute products in the EU. […]
The Ukrainian game development studio Melior Games is opening an office in Vilnius. Half of the Melior Games team will shortly be transferred from Kiev to the company’s new office in Lithuania. The studio is also looking for local Unity3D programmers and 2D artists, and plans to build a team of 15 or more developers in Vilnius within a few years. […]
Lithuania has continued its strong growth in attracting foreign direct investment projects over the first half of 2014 despite a fall in investments in the region as a whole, according fDi Markets, The Financial Times’ database of foreign direct investment (FDI). […]
In the first half of 2014 Invest Lithuania attracted 13 new investment projects to Lithuania. These new investors have already committed themselves to creating 1,423 new jobs, double the figure for the same period in 2013. […]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes