No Picture
Economy

Foreign investors attack Lithuanian labour code for ‘not meeting demands of market’

The Lithuanian labour code is outdated and is constantly drawing criticism from both foreign investors and international organisations, the Investors’ Forum said yesterday. […]

Vilnius
Economy

Vilnius ranked in Europe’s top 10 fast growth capitals by Inc. magazine

Lithuania’s capital Vilnius has been chosen as one of Europe’s top 10 capital cities considered hubs for the fastest-growing companies on the continent by Inc. magazine. […]

Ernesta Seiliūtė
Economy

Importance of intellectual property and data protection explained by Lithuanian lawyer

On Thursday 18 February, the European Business Network (EBN) invited Lithuanian lawyer Ernesta Seiliūtė to speak about intellectual property and data protection in Lithuania. Seiliūtė is a lawyer with IPnovus Law, an international law firm specialising in intellectual property. Pirated software and other dubious programs can lead to poor data protection and data breaches, which can be extremely costly for businesses and individuals alike. […]

Raimondas Kuodis
Economy

Making Lithuania’s tax system more like Estonia’s would generate extra €2bn, says economist

If Lithuania made its tax system more transparent, like Estonia‘s, it could collect about €2.5 billion more to its coffers each year, says economist Raimondas Kuodis, deputy chairman of the Bank of Lithuania. […]

Economy

Hanner invests €30m in new Vilnius office block

Hanner Real Estate is to invest €30 million building a new 20,000 sq metre business centre in Vilnius’ financial district. […]