The ongoing pandemic around the world has continued to adjust consumer spending, and the festive season is no exception, which has forced consumers to open their wallets wider this year not only because of the […]
On 11 January 2022, the Kaunas District Municipality granted a permit to build UAB Tamro, a wholesale distribution company of pharmaceuticals and the manager of BENU pharmacies, logistics centre in the territory of the Kaunas […]
One of the most transformative trends in fintech, embedded finance found the spotlight in 2021. But what is in store for 2022? Jason Ollivier, Chief Disruption Officer at Contis, looks at three key ways that […]
The Capitalica Green Logistics Fund by SBA Group’s investment management company Capitalica Asset Management raised EUR 17 million from private investors in 2021 and actively negotiated new acquisitions in the Baltic States. The Fund’s total […]
Jelena Grišina, who was previously Head of the SBA Competence and Service Centre (SBA CSC), has been appointed SBA Group Organisation Development Director. Vaidas Paulauskis, previously Head of SBA Information Technology, has been appointed the […]
As industry and government come together to determine a new regulatory framework for Lithuanian fintech, Airidas Puodziunas, General Manager, Contis Lithuania, looks at the issues at stake and makes the case for maintaining an open, […]
Marius Dubnikovas, a financial analyst, said on the “Lietuvos rytas” TV programme “Nauja diena” that the possible Chinese sanctions against Lithuania would not easily shake the country’s economy but require a combination of other unfavourable […]
Citus, a real estate development company in Vilnius and Kaunas, announced in May that it was planning a multifunctional project in the former Nemunas sanatorium in Druskininkai. After intensive research and consultations with the city […]
Freedom24, an online investment platform recently launched in Lithuania, has announced its results for the last quarter and shares information about one of the most promising IPOs coming soon on the market, NUBANK. Freedom Finance […]
UAB Vingės logistika, a warehousing and cargo handling services company operating in Klaipėda FEZ, completed a warehouse expansion project in December. The project involved the construction of 8,000 sqm of new warehouse space, bringing the […]
The SBA Group’s philosophy and efforts to develop sustainable real estate projects with exceptional architecture to enrich Lithuania have been recognised. SBA Urban’s projects – the BLC business centre in Kaunas and the SBA Industrial […]
KS Holding, a Kesko Group company, has successfully completed its first investment by selling Ozols Centres in Riga to the Finnish Special Mutual Fund Titanium Baltic Real Estate. The anchor tenant of the 30 000 square […]
Technology developers note that the accelerated digitalization brought about by the Pandemic has highlighted cybersecurity gaps, making fintech security solutions one of the most receptive areas for innovation. “Idenfy”, a startup based in Kaunas Science […]
According to experts, the pandemic has drastically changed Lithuania’s economic situation – both the financial sector and the habits and needs of Lithuanians over the past year. Simonas Krėpšta, Member of the Board of the […]
Despite the global shortage of raw materials, rising commodity prices, the EU’s continued imposition of sectoral sanctions on Belarus, and tense political and economic relations between Lithuania and China, the value of exports of goods […]
The name of DFDS, a Danish company founded over a hundred and fifty years ago, gained prominence in Lithuania in 2001 when this leading European ferry operator launched an operation in Klaipėda. Actually, Peder Gellert […]
For several years in a row, Lithuania has been hailed as having excellent infrastructure for crypto and blockchain businesses. Lithuania’s name was repeatedly mentioned in one of the largest technology events with over 150 thousand […]
Digital transformation has significantly affected all areas and has become an integral part of the business daily. IT engineers of the Lithuanian company DocLogix have developed innovative digital products for the industrial sector that help […]
The pandemic that struck at the beginning of last year and the resultant demand for remote work sparked discussions on the future of office rent trends – what will they be like in the post-pandemic […]
Over the last eleven years, the value of startups in Central and Eastern Europe has increased 19 times and now stands at 186 billion euros. The value will likely increase even further by the end […]
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