Although the amount of consumer credit granted fell by 16% last year, the average amount of credit increased by 46%, from €1 231 in 2020 to €2 048 in 2021, according to the latest statistics […]
Pingin.Space, a Lithuanian startup offering the real estate market automation of a large part of routine commercial building management activities, is investing in Flanco, a startup offering smart management solutions for office spaces and specific […]
Over the last two years, the housing market in Lithuania has been marked by two “black swan” flights – events that analysts could not predict and data did not suggest. The first tide marked the […]
The Minister of Transport and Communications Marius Skuodis, together with the Ministers of Poland, Latvia and Estonia, addressed the European Commission (EC) Transport Commissioner Adina Valean and EU Transport Ministers with a joint letter calling […]
European Union, United Kingdom, United States and Canada announced new sanctions on Monday, targeting Russia’s central bank and national wealth fund. Even Switzerland and China announced sanctions crippling the financial system of the aggressor. The […]
The shortage of skilled workers is a problem faced by companies around the world, including in Lithuania. According to the Lithuanian Department of Statistics, there are currently almost 27,000 vacancies – one and half times […]
In the face of Russia’s open war against Ukraine, more and more people and businesses are standing in solidarity and united in their support for Ukraine and its citizens. Unfortunately, the Bankera team is not […]
Patreon, a platform that allows creators to get paid for their content, has announced the suspension of a non-governmental organisation’s account raising money for the Ukrainian army. Lithuanian creators, who collectively have more than 20,000 […]
Lithuania got angry with China by allowing the Taiwan office to open but is looking for new markets in Asia. Recently, Foreign Minister Gabriel Landsbergis travelled to Singapore and Australia. This year, he plans to […]
This month has seen UK prime minister Boris Johnson meet with Lithuania’s Ingrida Šimonytė and stated his eagerness for the countries to work together more closely and “further strengthen trade ties” in sectors including fintech, […]
The analysis of statistical data by Versli Lietuva shows that the strong growth of crude oil and other commodity prices on the global market, the ongoing COVID-19 pandemic and the difficult geopolitical situation in the […]
On February 3, the Minister of Economy and Innovation Aušrinė Armonaitė was invited by the Nordic Chambers of Commerce in Lithuania to Hotel Kempinski for a so-called “Business Lunch” where she presented the Ministry’s reforms, […]
Elme Metall, a company belonging to the Estonian industrial holding BLRT Grupp, plans to start construction of a modern metalworking complex on a 7.6 ha plot in the Klaipėda Free Economic Zone (FEZ) this year. […]
Despite challenges in the raw materials and labour markets, the SBA Group’s soft furniture manufacturer Kauno Baldai sold 34% more products in 2021 compared to 2020. With the company exporting most of its production, its […]
“Capitalica Asset Management”, the SBA Group company developing the Verde business centre in Riga, has entered into one of the largest lease agreements in the Latvian office market recently with Swisscom, the largest telecommunications company […]
Experts say that the Lithuanian economy would not be severely affected by a war with the geopolitical tensions in Ukraine. However, logistics companies would be hit hard, and the country’s population would not escape – […]
Investment experts have noted that the rapidly growing popularity of the metaverse and the significant increase in the number of unit tokens may soon become a new form of investment. In addition, virtual galleries and […]
When choosing a financial partner, people look for greater customer focus, flexibility and speedy and efficient service. These are the results of a survey conducted by the e-money institution Guru Pay to find out why […]
The actors, both business and public administrations, in the economy nowadays, are increasingly building on the technologies of the digital world, which is rapidly moving most of our lives into the digital space. There are […]
Jolanta Grašienė, Vice President of SBA, has been confirmed as a new member of the SBA Group Management Board, heading the Group’s finance, IT, organisation development and project management functions. In order to increase the […]
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