Lithuanian start-ups took the spotlight in an innovation seminar on 22 September in Stockholm, organized by the international investment Seed Forum together with consultation company DLA Nordic and the Lithuanian Embassy in Sweden. […]
Close cooperation with business is among the top priorities in the strategies of most European universities, and the achievements of Kaunas University of Technology (KTU) in this field are remarkable, says Heike Fischbach, Policy Officer for Education and Culture at European Commission’s General Directorate. […]
During the 59th meeting of the World Tourism Organization (UNWTO) Commission for Europe, held last Sunday in Medellin, Colombia, Lithuania along with Switzerland and Montenegro were elected to chair the regional commission. […]
Wizz Air, a leading low-cost airline in Central and Eastern Europe, implements its further expansion plans in Lithuania: 4th Airbus A320 aircraft is added to its base in Vilnius airport and started 5 new routes to Billund, Munich-Memmingen, Stockholm, Glasgow and Kiev, Vilnius Airport reports. […]
The European Commission (EC) has earmarked 12.63 million euros in support to Lithuania’s dairy farmers, who sought a much larger amount of 32 million euros. […]
Fun Guide, China’s leading mobile e-commerce and integrated mobile solutions company, has chosen Lithuania as the location for its first office in Europe. The company, which counts among its customers a number of big Chinese players including major banks, will open Fun Guide Europe, a Vilnius-based mobile software development and data mining office, this autumn. The company is now recruiting a team of talented software specialists in Lithuania who will be responsible for developing new mobile software for the company and will also carry out big data analytics. […]
On the invitation of Lithuanian Finance Minister Rimantas Šadžius, a delegation of the City of London, one of the key financial centres of the world, is visiting Vilnius on 14-15 September. […]
On September 10th an international transport and logistics conference took place in Stockholm. On the initiative of the Lithuanian Embassy in Sweden, the conference was organized by Lithuanian Ministry of Transport and Communications, JSC Lithuanian Railways, port of Klaipėda, Turkish-Swedish business association Sweturk and International Swedish Freight association. […]
Kaunas Airport is changing rapidly, with a progressive future vision. The creation of Lithuanian Airports last year, following the merger into one entity of Vilnius, Palanga, and Kaunas airports, has established a clear strategic direction. This sees Kaunas Airport become the base for aviation-related businesses through implementation of the AEROHUB KUN investment project, Invest Lithuania, the state investment promotion agency, reports. […]
As thousands of refugees fleeing wars in the Middle East and Africa arrive in Europe, Lithuania, too, is going to accept more asylum seekers than previously planned. Some employers in the country say they will welcome new potential employees. […]
Around one thousand people attended a rally outside the parliament in central Vilnius on Thursday, protesting against the government’s planned liberalization of the Labour Code. Rally organizers say the reform will reduce certain guarantees for workers. […]
Speaker of the Seimas, Loreta Graužinienė, believes that the minimum monthly wage should be raised in two stages next year. […]
Marketing manager at Google Regimantas Urbanas says that internet enables direct service sharing; customers can get the necessary service from other customers. In this sense technology coerces businesses to improve, make creative decisions and communicate with their customers personally. Urbanas shared his insights on changes of customer‘s and entrepreneur’s behaviour in Vilnius Innovation Forum ‘Innovation Drift’ last week. […]
The current unpredictable economic situation in Belarus, Russia and Ukraine forces businesses to seek a safe haven for their money and ideas in the West. From year to year, the number of companies that have moved from the CIS countries to Lithuania is increasing, Invest Lithuania, the country’s investment promotion agency, reports. […]
Economists at the Bank of Lithuania, have revised down the country’s 2015 economic growth forecasts in view of latest trends in the domestic and foreign markets. However, employment and average wages will continue to grow, while decreasing general price level will increase the purchasing power of the population. […]
On Thursday, 10 September, Lithuania’s trade unions are organising the largest rally since the 2008 financial crisis. The event is to take place outside the Lithuanian Parliament in Vilnius. Approximately 2,000 people will protest against the planned labour code reforms, the so-called new social model. […]
Although Lithuania’s real estate market in August 2015 was less active than in June and July, it was more active compared to August 2014. […]
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