The Lithuanian economy grew at its slowest pace since 2010 last year at 1.6%, but rising business confidence and increasing orders should drive higher economic growth in the year ahead. […]
Negative interbank interest rates are making life easier for Lithuanian borrowers, both consumers and businesses, but Lithuania’s financial experts are worried that it may create another financial crisis and could be sign of a coming economic downturn. […]
Small businesses in Lithuania are willing to invest into expansion, according to a survey. […]
Stronger growth in the Eurozone and a stabilising international environment, supported by strong domestic consumption should boost Lithuanian businesses in 2016, according to Swedbank. […]
Lithuania moved up two places to 13th in the latest global economic freedom index published by the Heritage Foundation in conjunction with the Wall Street Journal. […]
A new €38 million fund to provide Lithuanian small and medium-sized businesses with access to soft loans has been announced by the government. […]
Vilnius has the potential to become a multi-cultural multi-million citizen city that can compete on the world stage, according to businessman Robertas Dargis. […]
Only about a third of the country’s entrepreneurs take active steps to achieve tangible results in looking for new business development opportunities, according to a new survey. […]
Entrepreneurial activity is booming in Lithuania’s three biggest cities – Vilnius, Kaunas, Klaipėda – and the coastal resorts of Neringa and Palanga, according to the 2015 Entrepreneurship Map from the Lithuanian Central Credit Union (LCKU). […]
Over the last two years, Lithuania has made significant progress in its fight against corruption, reveals the latest Eurobarometer study on Businesses‘ Attitudes towards Corruption in the European Union. […]
The Lithuanian Government decided on Wednesday that representatives of associated business organisations may from now on become members of the Inter-agency Commission for Coordination of Fight against Corruption. […]
Lithuanians would like to develop their own businesses, but many are afraid or simply do not have an idea for one, SEB Bank has concluded after carrying out a survey in the Baltic states. About one in ten Lithuanians have a business, whereas in Latvia and Estonia the share is twice as big. Many say they do not know enough about how to start a business. […]
Lithuanian President Dalia Grybauskaitė together with King Carl XVI Gustaf of Sweden, who is on a state visit in Lithuania, attended the Swedish Business Awards Ceremony on Thursday. […]
It is easy to list what Russia needs to put in place for its economy to grow successfully over the long-term and for its citizens to improve their lives: secure property rights, protection for investors, reliable commercial courts and significantly reduced volumes of regulation. Instead of strangling business at every opportunity and bending it to its will, the state should allow business to develop freely within the bounds of the law. […]
TechCrunch, one of the most popular technology portals, has named 30 women who have conquered the technology industry. Among them is Alisa Matsanyuk, the founder of leading mobile game developer Game Insight and recently opened maker space Green Garage. […]
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. […]
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. […]
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