GeoPhy, a Dutch big data company that collects, processes and analyses data on the global real estate market has set up an office in Kaunas. By mid-2017, the company plans to have recruited up to 25 experienced specialists who will be responsible for collecting and analysing data from all over the world. They will be doing this from Kaunas, GeoPhy announced in a press release. […]
Lithuania is one of the world’s leaders that attract foreign investment and create new jobs, according to a new ranking. IBM Global Location Trends 2016 report shows that Lithuania takes the 10th position in the […]
The absence of an increase in foreign direct investment into Lithuania is one of the key reasons why the average wage in Lithuania is the lowest in the region. “The ratio of attracted investment is […]
Lithuania‘s Conservatives claim that if their new economic program were to be implemented 147,000 new jobs would be created in Lithuania over the next five years, with a plan that they say mimics Ireland and […]
Nine out of ten German investors in Lithuania are happy with their choice to invest in the country, although many believe that the government could do more in areas like labour law and professional training, according to a survey by the German-Baltic Chamber of Commerce (AHK). […]
Foreign investment in Lithuanian commercial real estate rose 6% in the first three quarters of 2015 to hit €183 million compared to the same period last year. […]
Poland is now as unpredictable as Russia, says Swedbank chief economist Nerijus Mačiulis, adding that recent developments in Poland, which has become the second-largest export market for Lithuanian goods, may have negative repercussions for Lithuania. […]
Foreign investors get a frosty reception in the regional parts of Lithuania as local businessman fear competition and put pressure on councils to keep out foreign investment, according to Rūta Skyrienė, executive director of the Investors Forum, which brings together foreign investors in Lithuania. […]
The latest figures show that last year was a record year for Lithuania and Invest Lithuania with 50% more jobs created from foreign investment than last year, according to the agency. […]
The Baltics attracted a total of 101 new investment projects in 2014, which was nine percent more than the previous year, according to Ernst&Young’s annual European Attractiveness Survey 2015. […]
Recently we have seen reports of B2B companies moving into Lithuania’s borders and setting up shop. Google is also establishing a presence in the small Baltic state. […]
The tech sector thrives in this Baltic state, and education in the STEM field is at the core of its growth. […]
Finnish investments generated more jobs in Lithuania than any other foreign investment in 2014. Finland made nearly 30 million euros worth of new direct investments last year, retaining its position from 2013 as the country’s eighth largest foreign investor. The most significant foreign investors in Lithuania were Cyprus, Latvia and Sweden. […]
Lithuania has this year joined the other Baltic countries in adopting the euro. Entering the common European currency can give the country’s economy an additional boost, with more foreign investment on the cards, especially from Sweden, Invest Lithuania said. […]
Moving operations to low-salary Baltic countries became popular in the 1990s. Now, translocation has changed in nature: it focuses more on services than on production. The data here speaks for itself. […]
Adopting the euro will benefit Lithuania’s domestic businesses and households and will also help lure more foreign investment to the country, Prime Minister Algirdas Butkevičius has said. He has recalled the initial difficulties of convincing other politicians to have the euro which almost cost him his post. […]
Copyright © 2024 | MH Magazine WordPress Theme by MH Themes