Winner Raimundas Slavinskas, Business Developement Manager AEDILIS
Economy

Winner 2017 German-Lithuanian Business Award announced

Happy winners: At the awards ceremony on 31 May in the Art Factory „LOFTAS“ in Vilnius, Aedilis UAB won the German-Lithuanian Business Award. The company also won the online voting against their competitors. […]

German falg
Economy

Lithuania is attractive investment location to German business

According to the German-Baltic Chamber of Commerce (AHK) economic survey 2017, Lithuania is one of the best locations in Central and Eastern Europe. Companies in Lithuania want to invest more and expect they will need more staff. However, increasing wage costs are expected. The scores for the fight against corruption, transparency of procurement and the availability of skilled workers slightly dampen the positive mood, German-Baltic Chamber of Commerce informed in a press release. […]

Director the Lithuanian Film Centre R. Kvietkauskas and Polish Film Institute director M. Sroka signed agreement on cooperation
Culture

Film Polish Institute and Lithuanian Film Centre to cooperate closer

On 22 May, 2017, during the 70th Cannes International Film Festival, representatives of the Polish Film Institute and the Lithuanian Film Centre – director Magdalena Sroka and director Rolandas Kvietkauskas – signed an agreement to strengthen cooperation between the two national institutions in the field of cinematography and the implementation of joint film projects. […]

The Cannes
Culture

Lithuanian film industry to be showcased in Cannes

The anniversary 70th Cannes Film Festival will be opened today with Lithuanian elements in its programme. Representatives of the Lithuanian film industry will also attend the “Marché du Film” film market organised by the festival on May 17–26. […]

With the Danish flag
Economy

Danish IT firm to establish development team in Vilnius

Trustpilot, considered one of Denmark’s most promising startups, is establishing a product development division in Vilnius. In the next two years, the company, which operates one of the world’s largest online review communities, plans to build a team of approximately 40 software system engineers in the Lithuanian capital. Initially, this team will be responsible for the infrastructure of big data and authentication systems that the Trustpilot platform is based on. […]

e-commerce
Economy

Lithuanian e-commerce traditions

Since e-commerce is rapidly becoming more widespread in Lithuania and the number of new online shops is growing, the habits of the population are changing as well. The number of people making purchases online that has recently been consistently on the rise shows not only consumers’ loyalty to Lithuanian online stores, but also reveals the fears of those who are still reluctant to buy from online stores. […]

Klaipėda port
Economy

Great results at the Klaipėda Free Economic Zone

By the end of 2015, Klaipėda Free Economic Zone accumulated EUR 493 million of foreign direct investment (FDI). This accounts for 57% of the total FDI of Klaipėda City Municipality. In the significance of the free economic zone to its city in terms of the FDI portfolio, Klaipėda is ahead of all the other Lithuanian free economic zones. […]