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 […]
For the second year in a row, Kaunas has received attention and recognition from the Financial Times’ investment experts. Once again Kaunas found itself among the best in the fDi Intelligence ranking Tech Cities of […]
In the second quarter of this year, Lithuania’s GDP was 8.6% higher than the same period one year ago. What led to such growth, how sustainable is it and can we perceive any signs of […]
As lockdown relaxed, client expense statistics from Bankera indicates that Europeans have begun spending in large amounts. Compared to the first and second quarters of this year, there has been a notable increase in expenses […]
A few years ago, Continental and Hella established production sites in Lithuania. Some months ago, Yazaki announced the closure of the plant in Lithuania. It is worth looking more closely at what determines the decisions […]
UAB Eigesa begins construction of K22 business centre, located at 22 Kauno Street in the Vilnius borough of Naujamiestis [New Town]. UAB Conresta, one of the most advanced and successful construction companies in Lithuania, has […]
While containing the impact of the COVID-19 pandemic and revitalising economy remain top priorities for Europe, managing the challenges of climate change is still firmly on the continent’s agenda. A green and sustainable investment incentive […]
Although statistics show fewer bankruptcies, this is only a temporary phenomenon due to changes in the regulation of insolvency of legal persons. The number of bankruptcies after a pandemic should increase, as not all companies […]
Minister of Transport and Communications Marius Skuodis believes that the entry of Space X founded by Elon Musk into the Lithuanian market means very good news to Lithuania, according to a press release from the […]
There was a demand growth of record-high speed in the first quarter of 2021 in the Vilnius Airport’s new VIP terminal, which was opened back in 2020. During the first three months of 2021, 777 […]
BMI Institute, founded in Lithuania, is strengthening its international footprint and expanding to Brussels. The BMI Brussels branch will deliver a 12-month Executive MBA programme together with Belgium’s Louvain School of Management, one of the […]
ArcaPay UAB, the subsidiary of ArcaPay Ltd, a UK-based and FCA regulated cross-border payments platform, has been granted a Payment Institution licence by the Bank of Lithuania. The company, founded in London in 2011, is […]
Lithuanians are among the leaders in Europe in terms of the number of people who want to have a business as many as 71 per cent, AGER 2020 (Amway Global Entrepreneurship report) shows. However, the […]
JSC “15min”, which manages news website “15min“, and JSC “BNS”, which manages news agency BNS, both of which have been 100% owned by the Estonian company “Postimees Grupp”, are merging with the Lithuanian media and […]
If we put a magic wand in a child’s hand, he would most likely wish for a room full of toys. Many of us construct our happiness through the word “more”: more fashionable clothes, more […]
The working group on the review of tax benefits, set up by the Ministry of Finance, has already received over 200 proposals from experts, business and the public on what needs a transformation in the […]
The ECEPR and Nordic Capital Brain Business Jobs Index, measures the share of the working-age population across Europe employed in highly knowledge-intensive enterprises, in 31 countries and 284 regions. Lithuania’s growth of brain business jobs […]
Neste Lietuva (Neste Lithuania) is celebrating its 30-year anniversary in Lithuania. Today, Neste Lietuva is the largest network of self-service filling stations in Lithuania; however, its road was a long and hard one. The first […]
Clients for the Lithuanian fintech company Bankera can now perform instant payments in euros to other Lithuanian and foreign banks and financial institutions, which are part of the payment system SEPA Instant. Instant payments made […]
Following more than 17 years of experience in the business financing domain, Dainius Vaičikonis has founded the alternative financing company Finpro. The newly emerging company will offer factoring, business loans, as well as lease and […]
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