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LSB2018 Brought to Life a New Partnership Which Is Improving Cancer Research
2020-01-13

LSB2018 Brought to Life a New Partnership Which Is Improving Cancer Research

During the Life Sciences Baltics 2018 Carl Zeiss Microscopy established strong relationships with scientists from Vilnius Life Science University Centre and Lithuanian National Pathology Centre. Currently there are two ongoing  projects with Proteomics Centre – one of them has already helped  improving applications in cancer research.

The Spurt of Lithuanian Start-ups Continues: €166.5 Million of Investment was Attracted Within the Year
2019-12-13

The Spurt of Lithuanian Start-ups Continues: €166.5 Million of Investment was Attracted Within the Year

2019 is a memorable year in the Lithuanian start-up ecosystem: the number of innovative companies is nearing 1,000, startups have attracted more than €166,5 million. Vinted, the country’s first start-up to become a unicorn, which has attracted a record amount of investment so far – €128 million, has also proven that innovative products crated by Lithuanian start-ups have great potential.

7 Innovative Products for Klaipėda Were Offered During the Open Data Hackathon
2019-11-19

7 Innovative Products for Klaipėda Were Offered During the Open Data Hackathon

During the creative business workshops “Hacker Games. Open Data” that took place this weekend in the port city and lasted for as long as 48 hours, 7 innovative products were created using the opened up public sector data. The hackathon was won by a team that offered an interactive map of Klaipėda, which is designed to help young businesses to assess a commercial benefit of a specific place of the city.

Lithuanian exporters conquer the Chinese market by participating at the exhibition China International Import Expo 2019
2019-11-06

Lithuanian exporters conquer the Chinese market by participating at the exhibition China International Import Expo 2019

Lithuanian companies are paving the way for export to China by participating for the second year in a row in China International Import Expo 2019. On the 5th through 10th of November, 16 Lithuanian companies, participating in two national stands, are striving to distinguish themselves by the quality of Lithuanian goods which is highly appreciated by Chinese consumers, and to reap the maximum benefits from the country that began to actively expand its trade relations with the rest of the world.

Lithuanian Defence Technology Development Camp, DELTA NAVY Hackathon Results
2019-10-29

Lithuanian Defence Technology Development Camp, DELTA NAVY Hackathon Results

The three-day defense and technologies development camp, hackathon, DELTA NAVY surpassed all expectations. Having wrapped October 27 at the Lithuanian Navy in Klaipėda, it resulted in creation of such product prototypes as a laser communication system for ships at sea, drone, and personnel, and human resources management systems, over the 48 hours of the event aboard LNS Jotvingis headquarters and supply ship.

Lithuania has reached its highest position ever in Doing Business 2020:  a single further step is needed to be among the top ten
2019-10-24

Lithuania has reached its highest position ever in Doing Business 2020: a single further step is needed to be among the top ten

Lithuania has achieved the 11th position in the World Bank’s Doing Business report measuring business conditions. This is the highest position ever achieved by Lithuania since the launch of this report.

“Digital Explorers” at the Forefront of EU - Africa Digital Partnership
2019-10-17

“Digital Explorers” at the Forefront of EU - Africa Digital Partnership

On October 15, “Digital Explorers” programme was officially launched in Vilnius, Lithuania. It started with the first batch of 15 thoroughly selected young Nigerian ICT specialists, who will spend the next year in 7 Lithuanian perfect-match ICT companies. Aiming to connect Nigeria and Lithuania for cooperation in information and communication technologies (ICT), “Digital Explorers” programme facilitates career advancement journeys of Nigerian ICT talents, at the same time, giving Lithuanian companies a chance to familiarize with business development opportunities in Africa and peculiarities of attracting international talents.

Lithuanian business is making its way into international public tender procurements
2019-10-07

Lithuanian business is making its way into international public tender procurements

In order to encourage Lithuanian business entities to participate more actively in international public tender procurements, a year ago the Entrepreneurship and Export Development Agency Enterprise Lithuania initiated a programme that enabled Lithuanian companies to strengthen their competencies in international sales. A successful outcome was achieved with help of Orbidal, which is a platform of international tender procurement procedures: 4 procurements with the total value of more than EUR 2.4 million were won.

Meet Lithuanian companies in Maison & Objet
2019-08-02

Meet Lithuanian companies in Maison & Objet

For those seeking to discover some fresh creative design, Hall 6 of this year Maison et Objet fair will invite to check the joint Lithuanian design stand.

Record-breaking forces of Lithuanian laser professionals to be at the world's largest laser photonics exhibition
2019-06-21

Record-breaking forces of Lithuanian laser professionals to be at the world's largest laser photonics exhibition

On June 24-27 Lithuanian laser manufacturers will present their latest technologies in the most important laser industry event “Laser World of Photonics 2019“ in Munich. The Lithuanian National stand will cover an area of 313 square meters, and will house 18 Lithuanian laser companies.

Lithuania moved up to the 29th position in the World Competitiveness Ranking
2019-05-30

Lithuania moved up to the 29th position in the World Competitiveness Ranking

This year Lithuania is in the 29th position in the World Competitiveness Ranking compiled by the Swiss International Institute for Management Development (IMD). Compared to the previous year, Lithuania moved 3 positions higher upwards in the ranking leaving behind its neighbouring countries – Estonia (the 35th position, was 31st), Latvia (the 40th position, was 40th), Poland (the 38th position, was 34th).

New trends in the start-up ecosystem: the unicorns' aspiration is replaced by sustainable business
2019-05-14

New trends in the start-up ecosystem: the unicorns' aspiration is replaced by sustainable business

The question when the first unicorn with over 1 billion of US dollars in value will appear in the country raises speculations for some time in Lithuanian start-up ecosystem. And even though there are many, not the one, candidates in Lithuanian system of innovative business, an example of a successful start-up, as noted by Anders Lentell, one of the speakers at the event “Startup Fair”, Swedish investor and founder of technology start-up DynaByte, is not just a unicorn label.

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