CORPORATE

Conquering Scandinavia presents new challenges for exporters

Lithuanian entrepreneurs have been turning away from Russia as their primary market for exports and setting their sight on the Nordic countries. However, different rules apply in Scandinavia, with easy profits hard to come by. […]

Economy

Supervision of Lithuania’s tourism sector insufficient, auditors say

Implementing the Public Audit Programme of 2015, National Audit Office of Lithuania has already conducted one third of the financial (regularity) audits and prepared their reports. The report of the audit of the Ministry of Economy has been presented to the public – how Ministry as well as institutions under the Ministry performed the delegated functions and used the funds allocated for the implementation of various programmes during 2014, the Office reports. […]

Vilnius
Economy

The rise of Lithuania as a force in IT: Why Google and Nasdaq are investing here

The tech sector thrives in this Baltic state, and education in the STEM field is at the core of its growth. […]

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Economy

Lithuanian government wants 40 percent of export production based in regions

The Lithuanian Government and business promotion organizations want to achieve the goal of producing 40 percent of the country’s export production in the regions by the end of this decade. Around two fifths of new businesses are sought to be established in Lithuania’s regions. […]

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Economy

Global Game Jam Lithuania: more than 60 games crafted in just one weekend

Global Game Jam is an annual, global marathon for game developers and enthusiasts also held in Lithuania. The event took place across three locations in Lithuania on January 23-25. The purpose of the marathon is to give a platform for professional game developers and enthusiasts. Event is seen as a natural space to meet up, build new relationships, share ideas and craft innovative games. […]

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Economy

Lithuania promotes itself as dental tourism destination in Scandinavia

Lithuania continues to rise in the consciousness of Scandinavians and Western Europeans as a proffered destination for elective dental health treatments. Vilnius dental clinic Odontika, the Baltic’s leading dental clinic for patients from abroad, has been active in promoting Lithuania to the Scandinavian market this winter. […]