News

Trends: What Direction Are Modern Day Innovative Entrepreneurs Taking?
2018-12-12

Trends: What Direction Are Modern Day Innovative Entrepreneurs Taking?

Today the globe experiences a massive penetration of information technologies and artificial intelligence into the business environment – automated processes or voice command devices are a present-day trend. Lithuanians are also actively heading their way in these fields – according to the latest data of Startup Lithuania, 81 per cent of new startups are established in the IT field at hackathons.

What Makes Lithuanians Stand Out in the Global Gaming Industry
2018-11-27

What Makes Lithuanians Stand Out in the Global Gaming Industry

During the Hacker Games hackathon that took place in Vilnius last December, the team that created the Mushrooming game were declared the winners in the gaming league. This autumn, the game was nominated as one of the best games in the mobile application category. The Lithuanians managed to stand out in the highly competitive gaming industry by implementing an unexpected and ingenious solution.

China–United States trade war offers a chance for Lithuanian exporters to stand out
2018-11-06

China–United States trade war offers a chance for Lithuanian exporters to stand out

The economic tension between the US and China could be beneficial for Lithuania, since China has been putting all of its efforts seeking to improve its trade with other states by opening its market to foreign suppliers. This can be proved by the China’s first organised international trade fair “China International Import Expo”, held on 5-10 November, with 18 Lithuanian companies participating in it.

China is a new trade horizon for Lithuanian food and textile companies
2018-10-19

China is a new trade horizon for Lithuanian food and textile companies

Lithuanian amber jewelry, beer, bread crisps, unique perfumery products, baby food, diary and many other Lithuanian-made products will be showcased at the upcoming China International Import Expo (CIEE). In total, 18 Lithuanian companies will present their products and services of clothing, accessories, food and beverage products in more than 160 squared meters area on 5-10 November.

Life Sciences Baltics Startup Pitch Challenge winners revealed
2018-10-02

Life Sciences Baltics Startup Pitch Challenge winners revealed

Lithuanian startup Oxipit was crowned the winner of Pitch Challenge by Johnson & Johnson Innovation winner at Life Sciences Baltics on 27 September. A startup that uses AI to diagnose cancer beat out 9 other startups in the Pitch Challenge which consisted of four minute pitches and Q&A session.

 

Life sciences is the top industry among Lithuanian innovators
2018-09-26

Life sciences is the top industry among Lithuanian innovators

Lithuania has been gradually becoming one of the high tech centres in the region – the country has defined a goal to become the most attractive European country for the development of the life sciences sector by 2030. On 26 September, during Life Sciences Baltics, the largest international life sciences forum in the Baltic countries, Lithuanian Minister of Economy Virginijus Sinkevičius presented perspectives for the development of the Lithuanian life sciences industry.

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Success stories

Lithuanian scientists aim to be at the forefront of the new breakthrough in medicine

Lithuanian scientists aim to be at the forefront of the new breakthrough in medicine

Lithuania has more than enough potential to become one of the leaders in the biotechnology field. This is the conviction of Agnė Vaitkevičienė, the head and the co-founder of the first and so far the only producer of individualised advanced therapy medicinal products (ATMPs) in the Baltic countries. According to her, medicines developed according to the needs of each patient are the future of medicine, to which Lithuania also contributes.

Business has more than one Everest

Business has more than one Everest

Origins of Lithuanian kids wear brand Mummymoon should be traced in Norwegian fjords, Vėjūnė Unikauskienė, Director of Trinity time UAB, company that owns this brand, joked.

Lithuanian experience of private medicine for Irish patients

Lithuanian experience of private medicine for Irish patients

The Medical Diagnostic and Treatment Centre operating in the capital of Lithuania for 22 years by now and boasting the good reputation is consistently assuring quality and improving it, it is an ongoing journey on the way of unconventional thinking, different approach, improvement of actions by creating the best value added for customers.

March Design Studio: how Lithuanian minimalism conquered one fourth of the world

March Design Studio: how Lithuanian minimalism conquered one fourth of the world

Abroad, in particular in Scandinavia, France, Italy, and even Japan, the March brand is considered to be the guarantee of aesthetics and quality.

Why Lithuania becomes a meeting place for science, business, education and research

Why Lithuania becomes a meeting place for science, business, education and research

Established in 2008, Santara Valley is now a rapidly expanding area of business intelligence, medical and research institutions where highly qualified employees and scientists create knowledge and products of the highest quality and are able to offer them to their partners all over the world.

Lithuanian linen found popularity even among selective Japanese

Lithuanian linen found popularity even among selective Japanese

In the Interior Lifestyle exhibition in Tokyo, to which Lithuanian companies were brought by Enterprise Lithuania, Jūratė.eu participated for the first time, though the company is not a newcomer on this market. For nearly 15 years, this Lithuanian company has been exporting dresses, handbags and home textile to Japan.

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