Christmas tree in Kaunas
Economy

Netherlands’ GeoPhy setting up services centre in Kaunas

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. […]

No Picture
Economy

German investors in Lithuania call for labour law reforms and better vocational training

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). […]

Rūta Skyrienė
CORPORATE

Foreign investors get frosty reception in Lithuania’s regions

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. […]

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. […]

No Picture
Economy

The Economist: Lithuania lags behind Baltic states in terms of business conditions

Lithuania lags behind Estonia, Poland and Latvia in terms of business conditions, according to a new rating by the Economist Intelligence Unit. […]