There is still a lot of industry in Kaunas. A closer look reveals that there is also a lot of innovation going on in and around the city. These were the findings of a large delegation of Danish, Finish, Norwegian, and Swedish Chamber of Commerce participants during last Friday’s visit to Lithuania’s central located industrial hub. […]
Lithuania has risen by two positions in the Global Innovation Index 2016 and is positioned 36th among 128 countries. Lithuania is in top ten under seven indicators. Some of Lithuania’s biggest leaps in recent years […]
More and more Lithuanians are realizing their ideas with the help of crowd-funding platforms like Kickstarter and Indiegogo. Some of them are already planning for mass production following successful launch campaigns. […]
Cujo, which was named as one of the hottest up-and-coming startups at this year’s TechCrunch Disrupt conference, is setting up operations in Lithuania. […]
Agriculture has proven fertile ground for innovators and developers of smart solutions as well as investors eager to put their money into new technology. However, Lithuanian startups have so far shown little interest in the field. […]
The European Investment Bank granted €150 million to support innovative, risky startups and businesses in the Baltic countries and Finland but Lithuania, Latvia and Estonia may only get a little more than one tenth of […]
Vilnius Tech Park is to develop a smart garden lab that will develop new technologies for urban gardening and other green city projects. […]
Lithuanian Company eSTAR sold 50% more tablets in 2015 than in 2014 despite the fact that the tablet market shrank by as much as 30% in many European countries last year. […]
A team of scientists led by the head of the Faculty of Engineering and Architecture at Kaunas University of Technology has developed a concrete mixture which can be used to print houses with a 3D printer. […]
Researchers at Kaunas University Technology have developed a type of ultra-high performance concrete they say is eight times stronger than the standard concrete. The innovative Lithuanian material will allow architects and engineers considerably more options when designing compact structures requiring great strength. […]
Lithuanian start-up SailRacer.net has attracted major interest from the sailing market with an innovative, battery-saving and comparatively inexpensive smart sail racing device that feeds data from a boat’s sensors to mobile devices to improve performance. […]
Trucking companies often face major problems with diesel being stolen from the fuel tanks of trucks but Lithuanian electronics expert Kęstas Simanavičius has an original answer to the transport company’s problems. […]
The Danish Chamber of Commerce this year again is organising Innovation Conference INNO’15 on 21 May, at Litexpo. This year, the conference is dedicated to developing business model innovation. The keyonote speaker will be Julia Isdale, vice president of Carlsberg Group responsible for global innovations. […]
In the European Union, just under half (48.9 percent) of enterprises of 10 employees or more reported innovation activity during the period 2010-2012. The proportion of innovative enterprises in the EU dropped in 2010-2012 compared with both 2006-2008 (51.5 percent innovative enterprises) and the peak recorded in 2008-2010 (52.8 percent). This pattern was observed in the majority of Member States, Eurostat, the statistical office of the European Union, announced based on the Community Innovation Survey 2012. […]
Estonian and Lithuanian small and medium-sized enterprises (SMEs) are planning to focus more on innovations in 2015, while the number of Latvian SMEs that are planning to invest in innovations has contracted by 9 percent, according to a study conducted by SEB Baltic. […]
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