Vilnius new office town from Green Hall Photo
Economy

Catalyst Development Ltd Announces Record Year and New Nearshore Hub in Lithuania

Fast-growing financial services consultancy Catalyst Development Ltd has announced a record year. Between April 2017 and March 2018 [FY18], Catalyst substantially grew its investment base, services, markets, clients, staff and profitability. Since October 2017 alone, Catalyst has achieved a record increase in organic growth and client delivery, tripled its staff numbers, acquired a market-leading asset and wealth consultancy with an offshore base in Jersey and been named as one of the UK’s top 50 Best WorkplacesTM. Today, the firm is announcing the opening of a new nearshore consultancy hub in Vilnius, in partnership with Invest Lithuania, to allow it to further scale its services to clients across all European financial centres, a Catalyst Development press release states. […]

Cujo
Economy

US startup Cujo to open new development centre in Lithuania

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. […]

Lukoil
Economy

Russian investment in Lithuania ‘drops dramatically’

The total amount of Russian investment in Lithuania is now four times below the level it was a decade ago, dropping to €500 million last year, reports business daily Verslo Žinios. […]

Economy

Lithuania launches comprehensive immigration information tool

A new information portal designed to ease immigration to Lithuania for highly-skilled specialists and investors from outside the EU is launching this week. The project, entitled Internet Gates, is managed by Invest Lithuania, the foreign direct investment development agency. […]

No Picture
Economy

Leading Chinese mobile solutions company Fun Guide to open Lithuanian office

Fun Guide, China’s leading mobile e-commerce and integrated mobile solutions company, has chosen Lithuania as the location for its first office in Europe. The company, which counts among its customers a number of big Chinese players including major banks, will open Fun Guide Europe, a Vilnius-based mobile software development and data mining office, this autumn. The company is now recruiting a team of talented software specialists in Lithuania who will be responsible for developing new mobile software for the company and will also carry out big data analytics. […]

Kauno oro uostas
Economy

Kaunas Airport attracting aviation-related businesses with new AEROHUB KUN

Kaunas Airport is changing rapidly, with a progressive future vision. The creation of Lithuanian Airports last year, following the merger into one entity of Vilnius, Palanga, and Kaunas airports, has established a clear strategic direction. This sees Kaunas Airport become the base for aviation-related businesses through implementation of the AEROHUB KUN investment project, Invest Lithuania, the state investment promotion agency, reports. […]

No Picture
Economy

Indie developers JetCat Games receive first venture capital in Lithuanian gamedev industry

JetCat Games, founded by three game developers from Belarus, Ukraine, and Russia, has just marked a new milestone in the Lithuanian gamedev industry by becoming the first game developer to receive venture capital from a Lithuanian risk capital fund. The indie game development company, which moved to Vilnius almost a year ago, has just received EUR 100 000 from Lithuania-based venture fund Practica Capital. […]