Startup Visa has already brought 6 startups from abroad to Lithuania this year
Startup Visa – a new foreign talent attraction scheme, which was launched in Lithuania a year ago, has gathered pace this year – as many as 6 foreign startups started their activities during the first quarter, compared to the same number of startups established over nine months last year.
Lithuanian exports which grew most across Europe last year will beat value records this year
According to the overview presented by the analysts of Enterprise Lithuania, the international economic environment has been currently particularly favourable for Lithuanian exporters, thus Lithuanian exports will maintain the growth rates and only internal factors such as a tense situation in the labour market and lack of production capacity will hinder development in foreign markets.
How Lithuanian business can contribute to the US aerospace and defence industry
Contribution to the world defence industry is a rather new direction for Lithuanian enterprises. As the defence budgets are recovering worldwide and rivalry among industry players is growing, Lithuanian companies have more global opportunities to establish themselves as suppliers not only for Lithuanian Armed Forces, but also for foreign counterparts. One of the most promising target markets is the US aerospace and defence industry. Prospects for cooperation between Lithuanian and American companies were discussed at the US-Lithuanian defence forum in Vilnius held on March 1 and organized by Enterprise Lithuania and American-Lithuanian Business Council.
Analysts of Enterprise Lithuania: last year the jump of exports of goods was highest during 5 years
According to the analysts of Enterprise Lithuania, the year 2017 could be characterised by particularly good trends in global economy and main Lithuania’s export markets: last year the economies of the largest European Union (EU) countries grew, Russia’s imports recovered, and the prices of exported goods increased. All the above boosted the sales of Lithuanian companies in export markets.
The Chinese financial technology startup PanPay has arrived to Lithuania under the Startup Visa programme
The Startup Visa programme initiated in Lithuania nearly a year ago to attract foreign talents to Lithuania has gained momentum. The geography of young entrepreneurs aspiring to set up innovative startups in Lithuania stretches from China to the United States of America, and their business ideas are as good as prominent global business models. Lithuania is a state offering exceptionally favorable conditions for financial technology startups.
Bridging the gap of the life sciences in the Baltics and Northern Europe
Enterprise Lithuania has signed a Memorandum of Understanding with ScanBalt, leading accelerator for regional cooperation in health and bioeconomy in the Baltic Sea region, to strengthen the cooperation between the Baltic and Nordic countries. The focus of the partnership is the information exchange about life sciences sector in the region as well as the promotion of Life Sciences Baltics, the largest event dedicated to the life sciences in the Baltic region.
Klaipėda FEZ is partnering Hacker Games hackathon to build solutions for its companies
Klaipėda Free economic zone (FEZ), the oldest and largest of the kind in Lithuania, has partnered with Hacker Games, the main hackathon series in the country, for the next event that will take place on 22-24 of September in Klaipėda. A 1000 EUR cash prize for the best FEZ-related product has been established on top of mentorship and data provided by Klaipėda FEZ and its companies.
Article by Lithuanian scientists in the most prestigious magazine „Science“
One of the most prestigious magazines „Science“ published an article „A cyclic oligonucleotide signaling pathway in Type III CRISPR-Cas systems“ by Lithuanian scientists Miglė Kazlauskienė, Georgij Kostiuk, Česlovas Venclovas, Gintautas Tamulaitis ir Virginijus Šikšnys from Vilnius University Life Science Center Institute of Biotechnology.
Hacker Games: Vilnius. 48 hours, 24 projects and the best 4 announced!
June 16-18th were the dates of the 8th Hacker Games: Vilnius. It hosted around 150 attendees at VGTU "LinkMenų Fabrikas". After 48 hours of non-stop working 24 projects were pitched of which 4 took their prizes back home. Please, meet the winners of 8th Hacker Games.
Memorandum of Understanding with German partners brings Life Sciences Baltic to the new level
Enterprise Lithuania has signed a Memorandum of Understanding with Berlin Partner for Technologies.
Purchases by Klaipėda FEZ companies exceeded EUR 200 million in Lithuania
In 2016, investors operating in Klaipėda Free Economic Zone (FEZ) purchased goods and services for EUR 200,5 million from Lithuanian suppliers, 1,9% more than a year ago. Last year was the first time when purchases by FEZ companies in Lithuania exceeded EUR 200 million.
Best of Lithuanian home design solutions at INTERIOR LIFESTYLE TOKYO 2017
Lithuanian products have a very special, even intimate, relationship with Japanese customers and consumers. From linen tablecloths and other interior design elements to furniture or lasers – our products enjoy recognition and respect in Japan. Combination of innovative mindset, high quality and natural materials granted Japanese trust towards products manufactured in a far-away country of amber, deep forests and ambitious people.