News

Common Digital Vision of the EU and Africa will open new markets for Lithuanian ICT companies
2019-02-14

Common Digital Vision of the EU and Africa will open new markets for Lithuanian ICT companies

In recent years African countries have been among the fastest growing economies in the world, while the huge potential of the continent in the field of information and communications technology (ICT) is predicting further growth. The European Union (EU) is determined to focus more attention on the digitalisation of Africa and digital economy development, with European ICT companies expected to play an important role.

Growth in Goods Exports Would Have Been Even Higher Had It Not Been for the Poor Grain Harvest
2019-02-11

Growth in Goods Exports Would Have Been Even Higher Had It Not Been for the Poor Grain Harvest

According to Statistics Lithuania, total exports of goods increased by 7.3 per cent over 2018 to EUR 28.3 billion. Exports of goods of Lithuanian origin (excluding energy products) grew by 8.2 per cent to EUR 13.4 billion. Re-exports of goods (excluding energy products) grew by 5.1 per cent to EUR 10.7 billion.

Survey by Enterprise Lithuania: approaching Brexit is not discouraging Lithuanian exporters
2019-02-08

Survey by Enterprise Lithuania: approaching Brexit is not discouraging Lithuanian exporters

A customer satisfaction survey conducted by Enterprise Lithuania shows that the United Kingdom is one of the most attractive foreign markets despite the approaching British exit from the European Union (EU). Every tenth Lithuanian exporter is planning to start exporting to the United Kingdom this or next year.

Lithuanian Companies Leave for Israel in the Hopes of a Breakthrough in Innovation Exports
2019-01-29

Lithuanian Companies Leave for Israel in the Hopes of a Breakthrough in Innovation Exports

On a reciprocal visit to Israel on January 28–29, Lithuanian Prime Minister Saulius Skvernelis is being accompanied by a trade mission organised by Enterprise Lithuania and the first Lithuania-Israel Innovation Forum. More than 20 of the country’s business people are hoping to establish contacts in the fields of digital technology, cybersecurity and life sciences.

The Number of Foreign Startups Choosing Lithuania for Starting Their Businesses is Growing
2019-01-17

The Number of Foreign Startups Choosing Lithuania for Starting Their Businesses is Growing

Last year, the Startup Visa received 178 applications of foreign companies for participation in the programme and business development in Lithuania, or 41 per cent more than in the first year of the programme.

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.

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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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