Invest Lithuania

530 Flips | 1 Magazine | 13 Following | 99 Followers | @InvestLithuania | Invest Lithuania provides free advice and guides companies every step of the way to success while investing in Lithuania. We'll put you in contact with the people you need to meet, keep you up-to-date on everything from labour law to tax incentives, and make sure once you‘re set up, everything goes smoothly. After all, we‘ve worked with loads of top global companies, so we should know.

Icelandic developer opens R&D centre in Vilnius

“We see Lithuania as a place that can help us build a multicultural and highly specialized team that works together based on mutual understanding and …

FESTO LIETUVA to fill office for 480 employees in Kaunas soon

FESTO growth – the gateway to Kaunas<p>According to Mantas Katinas, director general of Invest Lithuania, expansion of FESTO reflects a common trend in …

Booking.com opens first customer call centre in the Baltics

“When we were looking for the perfect place to open our next customer service centre in Europe, we wanted to make sure that we found a vibrant …

How One Government Is Cutting Red Tape To Inspire Competition And Disruption

“There were no threats to competition, so banks didn’t have to invest in improvements. We realized there’s enormous discontent in the public arena with the industry. How do you instill competition in a market so concentrated?,” asks Marius Jurgilas, a member of the board of the Bank of …

Revolut users in 42 countries to have Lithuanian country code IBAN accounts

Revolut, a financial technology start-up, has started to use IBAN format for account numbers that can be used by financial institutions to credit …

Startup Visa: first applicants successfully relocating to Lithuania

Following the Lithuanian Parliaments approval of Startup Visa legislation earlier this year, the first four startups have successfully completed …

Hundreds of Kaunas children to receive free programming lessons for full academic year

Hundreds of children in Lithuania’s second city, Kaunas, will be learning and practicing programming throughout the next academic year thanks to …

New details in Hella’s investment story in Lithuania: German giant chooses Kaunas FEZ

Hella KGaA Hueck & co., a German manufacturer of lighting technology and electronics products for the automotive industry, and the Lithuanian Kaunas …

Kaunas facility building the robotics for Husqvarna lawn mowers

Husqvarna, the producer of forest and gardening outdoor power tools, will have the electronics for their robotic lawn mowers made in a facility in …

Robots

Realtid: Lithuania’s ecosystem favourable for fintech investments

Lithuania is establishing itself as a hub for fintech: and it’s doing it very successfully. Up to 10 fintech start-ups were established in Vilnius …

Lithuania

€200 million investment to place Biotech at the heart of Lithuania’s economy

One of the founders and leaders of Lithuania’s biotechnology industry, Prof. Vladas Bumelis, has ambitious plans for establishing the country as a …

Inventions

US payment giant opens unit in Vilnius, “a small version of Silicon Valley”

The US payment terminal systems’ company Harbortouch has officially opened its Vilnius office. The company was founded by the well-known US …

Silicon Valley

Dematic to rapidly expand engineering services centre in Kaunas

Dematic, a world leader in logistics automation systems, is dramatically expanding its engineering services centre in Kaunas, Lithuania’s second …

Electrical Engineering

Lithuania rises dramatically in European Innovation Scoreboard

Lithuania has risen 8 places in the European Innovation Scoreboard, published today by the European Commission. By jumping from 24th up to 16th …

Europe

A Tale of Three Tech Hubs: What Drives Development in the Baltic Countries

Like many other tech hubs in the CEE region, the Baltic states are getting more and more attention from venture capitalists and investors. Latvia, …