Economy

Rubbe in action
Economy

Inventor G. Nemanis: as the company grows, best jobs remain in Kaunas

December 19, 2017 Lithuania Tribune 0

Kaunas citizen Gediminas Nemanis turned his electric bike gear “Rubbee” into one of the most successful startups in Lithuania. An excellent debut on the crowd-funding platform “Kickstarter”, a team of enthusiasts and attracted investors allowed the invention to make its way to success and gained recognition on the global electric bike market. Gediminas, the inventor and “Rubbee” project developer, tells us how the idea of “Rubbee” was born, how it developed and how it looks now. He also talks about the ecosystem of the startups and the road from the idea to the success story, Kaunas In reported in a press release, Kaunas In wrote in a press release. […]

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Economy

Lithuanian farmers’ losses too low for EU aid, government to recalculate rain damages

December 12, 2017 BNS 0

Lithuania will recalculate damages caused to the state by heavy rains last summer as farmers’ losses due to the natural disaster are too low to qualify for EU aid, Lithuanian Interior Minister Eimutis Misiūnas said on Tuesday. […]

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Economy

Seimas approves 2018 budget

December 12, 2017 BNS 0

Lithuania’s parliament on Tuesday approved the 2018 budget, the first budget in the country’s history with the government sector’s revenue expected to top the spending, and Lithuania finally meeting its commitment to NATO of earmarking 2 percent of the gross domestic product (GDP) to defence. […]

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Economy

Lithuanians to spend more on Xmas gifts this year – survey

December 8, 2017 BNS 0

People in Lithuania this year plan to spend slightly more money on Christmas gifts than they did last year, according to a survey commissioned by Swedbank. […]

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Economy

Lithuania’s ambition to become the leader of business tourism of the Baltic region

December 8, 2017 Lithuania Tribune 0

Opportunities for organising business events in Lithuania are attractive not only to European countries, but also to the USA, Canada and Australia. Those seeking new business tourism destinations believe that the main strengths of Lithuania are the country’s security and sustainability, implementation of innovations, professional employees and even progress in the area of gastronomic tourism, a press release from the State Department of Tourism says. […]

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Economy

Analysts say proposed European Monetary Fund would benefit Lithuania

December 7, 2017 BNS 0

A European Monetary Fund (EMF) that is proposed to be set up to more rapidly respond to financial difficulties in the Eurozone would benefit Lithuania in that the country would become more resilient to economic shocks, analysts said on Wednesday. […]

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Economy

Lithuania emerges as blockchain gateway to Europe

December 5, 2017 EN.DELFI 0

Hot on the heels of issuing of the Europe’s fastest e-money (EMI) license to the numerous global tech companies, Lithuania has announced it will host Europe’s first international Blockchain Centre. The Centre’s mission: to unlock economic and social value by applying blockchain technology to business, finance, and public administration, a press release from the Blockchain Centre states. […]