News

EuropaBio chooses Vilnius for Europe's largest biotechnology forum next year
2021-10-11

EuropaBio chooses Vilnius for Europe's largest biotechnology forum next year

EFIB, the European Forum for Industrial Biotechnology and Bioeconomy, which travels to Europe’s major cities every year, will take place for the 15th time in October next year in Vilnius, the capital of Lithuania. This was announced by the organiser EuropaBio, the European Association of Biotechnology Industries, at an event in Vienna.

 

A New Platform “Funding Guide” Has Been Launched - All Funding Opportunities For Startups In One Place
2021-10-07

A New Platform “Funding Guide” Has Been Launched - All Funding Opportunities For Startups In One Place

While business financing opportunities are quite abundant at present, the lack of funding for the development of innovative business is one of the main issues for startups worldwide, including Lithuania. In order to provide assistance in finding financing opportunities and all required information on financing, Startup Lithuania has developed a Funding Guide, an interactive platform that helps developers of innovative businesses to find suitable fundraising opportunities.

Strategic partners: why Germany’s defence sector is increasingly turning to Lithuania for innovation
2021-10-05

Strategic partners: why Germany’s defence sector is increasingly turning to Lithuania for innovation

At a time of global political uncertainty, the defence industry is among the fastest-growing sectors in Europe and around the world. As the sophistication of military and defence technologies has increased, defence spending has moved up government policy agendas, leading to increased investment in R&D. With world-leading expertise in technologies from lasers to navigation systems, Lithuania’s defence contractors are attracting interest from around the globe – and are now among the most sought-after partners to some of the biggest names in Germany’s defence industry.

Registration for targeted business consultations for EUR 1 400 000 has been launched
2021-10-03

Registration for targeted business consultations for EUR 1 400 000 has been launched

The entrepreneurship and export development agency “Versli Lietuva” invites representatives of micro, small and medium-sized enterprises to receive targeted business consultations free of charge on legal, financial, business strategy, sales and marketing topics. Businesses will be advised by external business consultants. The total amount foreseen for consultations is EUR 1 400 000, and it is planned that by the end of this year more than 350 businesses will make use of consultations and strengthen their business competences.

 

Lithuania at world exhibition EXPO 2020 in Dubai: open for co-creation
2021-10-01

Lithuania at world exhibition EXPO 2020 in Dubai: open for co-creation

Opening its doors to in-person visitors on 1 October 2021 for six months in Dubai, Expo 2020 is hoped to become the largest and most awaited international event this year and next. The concept of Lithuania’s pavilion builds on country’s positioning concept Open for Co-creation outlined in the Strategy for presenting Lithuania abroad, showcasing Lithuania as a modern and co-creative country with plentiful economic potential and creative capacities for global solutions that are set to change lives in and beyond Lithuania.

Deepening cooperation between Lithuania and Germany in the field of laser technology: Lithuanians planning expansion in the German market
2021-09-29

Deepening cooperation between Lithuania and Germany in the field of laser technology: Lithuanians planning expansion in the German market

The multi-year cooperation between Lithuania’s laser sector and German scientific institutions and industry may be entering a new phase. Femtika, one of Lithuania’s fastest-growing laser sector companies, has announced plans to open its first international division in Germany. Ekspla, one Lithuania’s largest laser solutions companies, also looks to strengthen its presence in the German market.

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Success stories

Lithuanian brands: Why does Lithuania need one?

Lithuanian brands: Why does Lithuania need one?

In the first episode of Lithuanian Brands: Best Practice the marketing expert from the United Kingdom dr. Darren Coleman talks to the representative of Lithuanian Government about the strategy for presenting Lithuania abroad and how it was developed.

Cargo stream with French partners and investors start operations in port of Northern France

Cargo stream with French partners and investors start operations in port of Northern France

Cargo stream, a Lithuanian company that has established and developed a digital logistics management system, is expanding in Europe – a joint venture with French investors is being set up in Dunkirk, France. Such a strategic move will allow this company to combine freight forwarders, carriers, and freight customers with the port and maritime lines.

The conversation with an old acquaintance has given rise to the international project of global significance

The conversation with an old acquaintance has given rise to the international project of global significance

Ingrida Olendraitė, a doctoral student at Cambridge University, an alumnus of Vilnius University, had little expectations that her meeting with an old acquaintance during Life Sciences Baltics will evolve to an international project together with the greatest minds in the field of virus research.

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.

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