Dan Strömberg, who became the manager of the telecommunications company Telia a few weeks ago, said that the competition is nowhere else as fierce as in Lithuania. […]
Ober-Haus housing market review shows that the first half of 2018 in the Lithuanian housing market was one of the most effective over the past decade and was comparable to those of 2016–2017 both in the apartment and private house sectors, a press release from the real estate agency states. […]
Lithuania is able not only to learn but also to help others to grow. This was again proved to be true after the visit of a delegation from Guangdong – one of the most economically powerful provinces in China – that took place in Lithuania on 17th July. After getting to know country’s deposit system, the guests discussed the possibilities of collaboration between Lithuania and China and said they now know how to manage packaging in Guangdong. […]
Blockchain technology, which can be regarded as perhaps the most significant information innovation since the advent of the Internet, has enormous potential in an incredibly wide range of fields. One of the potential fields of blockchain application is the logistics sector, where this unique technology can lead to a major breakthrough. The ParcelABC team, which utilises the latest information solutions in the parcel delivery market, has been carefully following the development of this technology and opportunities for its application. […]
Like in 2017, in the first half of this year, the largest number of flights in the Lithuanian airspace was operated by five airlines: Air Baltic (Latvia), Finnair (Finland), Aeroflot (Russia), Lufthansa (Germany) and Ryanair (Ireland). Compared to the same period last year, the Latvian air company, according to the number of flights operated, outran Finnair and came first, a press release from Oro Navigacija states. […]
The latest global trends in competitiveness are not showing anything miraculous. What are leading countries doing that we are not to advance from average to next level? […]
British Telecommunications (BT Group) and Expedia’s UK branch are both temporarily moving their offices to Vilnius this September thanks to the Workation Vilnius programme. Almost 100 companies from around the world took part in the initiative, with the UK and Sweden taking the lead with 13 and 11 company submissions respectively. The two major UK companies, together with Danish startup OrderYOYO, represent the winning teams selected to come to Vilnius for a week this September. The winning companies were evaluated and selected by a panel of judges from the Municipality of Vilnius and Go Vilnius, the city’s official development agency, a press release from the agency states. […]
Today, the International Brewers’ Day is celebrated, it reminds us not only of the old brewing traditions, but of the innovations of beer industry as well. Non-alcoholic beer, which was considered a niche product not so long ago, is already about to get rid of this label. This summer the demand for non-alcohol beer is growing at a record pace, while Lithuanian and foreign beer makers had supplied store shelves with fifty different types of non-alcoholic beer, a press release from Maxima states. […]
German car parts giant Continental on Friday launched the construction of a new plant, worth 95 million euros, in Lithuania’s second-largest city of Kaunas’s free economic zone, in a largest investment in the country in 20 years. […]
Almost 3 million passengers were travelling through Lithuanian Airports in the first half of this year. It’s 15% more than last year at the same time. The rates of flights and carried cargo grew rapidly, and it`s expected that country`s airports will be able to report about new records at the end of the year, a press release from Lithuanian Airports states. […]
German car parts giant Continental is launching on Friday the construction of a new plant, worth 95 million euros, in Lithuania’s second-largest city of Kaunas’s free economic zone. […]
Located in the heart of Vilnius Old Town, Nordea’s headquarters becomes a multifunctional commercial centre – real estate management and consulting company “Solid Real Advisors” leased one of the most impressive buildings in the Town Hall Square for fully serviced offices and coworking space operator “Workland”, restaurant “Queensberry” and fashion store. On the first floor of the building restaurant and fashion store will open their doors at the end of this summer, a press release from Solid Real Advisors states. […]
Today 8 countries of the EU have expressed united position on creation of the single capital markets union. It will contribute to sustainable growth of economics, stability of the financial system and diversity of sources for funding of business within the EU. The statement has been signed by the ministers of Demark, Estonia, Finland, Ireland, Latvia, Lithuania, Sweden and the Kingdom of the Netherlands, a press release from the Lithuanian Ministry of Finance states. […]
The Lithuanian government may take decisions on a car tax in the fall in an effort to tackle the pressing problem of pollution and encourage motorists to choose less-polluting vehicles, Finance Minister Vilius Šapoka said on Thursday. […]
Key enabling technologies (KETs) are an important source of innovation, which Europe has highlighted as crucial for the creation of high-value added products, a MITA press release states. […]
The Bank of Lithuania has provided an electronic money license to the international money transfer startup TranferGo. This license opens up new development opportunities and makes it possible for the company to further simplify and speed up international money transfers, as well as to offer electronic money storage, real-time transfers and other financial services throughout the European Union, a press release from the startup states. […]
Lithuanian companies are increasingly looking for consultations to help them understand the prevailing trends and prepare for the changes brought about by all-pervasive technologies. Almost 700 enterprises have already made use of a national compensation scheme for such consulting expenditures, a press release from Invega states. […]
In childhood, almost everyone dreams to know how the royal life feels like. Now the community of World Economic Forum Global Shapers Vilnius gives Lithuanians such an opportunity by inviting them to invest in Raudonė Castle, where formerly the Raudonė’s Secondary School was located, a press release from the forum states. […]
Last year was marked with rising global economic growth, improving confidence and expectations, booming stock markets, and low volatility. That seems to be over – economic growth has eased, especially in the euro area, and the dominating story is rapidly escalating trade tensions. […]
Hundreds of entrepreneurs, business leaders, and cryptocurrency pioneers will arrive at the The Pillar Unconference 2018, the biggest blockchain conference in Lithuania’s history. The conference guests will cover such topics as ICO perspectives, blockchain security, legal regulation, usage, and expansion possibilities, data security, and many others, a press release from the conference organisers states. […]
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