businesses

Lithuania is considering facilitating conditions for Belarusian businesses to move to Lithuania by letting them open not only bank accounts while establishing an enterprise in Lithuania but also open accounts with e-money institutions, Vice Minister of Economy and Innovation Marius Skuodis says, add...

Technology giant Google will train 10,000 people in Lithuania this and next year to use means of electronic communication. Moreover, Google will also help crisis-hit businesses to make a faster move into the digital sphere to find new marketsz and enter the global market.

While the situation in Belarus with protests intensifies more and more Lithuanians share their support for Belarusians that are fighting for their freedom. Citizens are not the only ones that support people of neighbours. Lithuanian businesses join also.

The COVID-19 pandemic faced by the world paralyzed a significant number of businesses. Technological companies that develop innovative products, however, make the most of this situation: Lithuanian start-up developers say that responding in a timely manner to customer orders is a major challenge for...

Stores located in shopping malls will be able to reopen in the coming days, provided they have outside access, limit their customer flows and adhere to other safety measures, Prime Minister Saulius Skvernelis said on Wednesday.

The Lithuanian government has allowed reopening of some businesses, including non-food retailers, except those located in large shopping malls, and small repair services with direct access from the street.

The Lithuanian Government plans to reimburse part of rental costs for businesses, which have lost income due to the lockdown, Prime Minister Saulius Skvernelis has said.

Digital solutions can provide a safe way for consumers and businesses to manage their day-to-day tasks during crisis without compromising their health or safety. As a result, businesses have to adapt to the new demand for digitized services in order to stay relevant.

The Lithuanian government's decision to declare a state-level emergency due to the coronavirus threat on Wednesday may mean both restrictions and a release from some contractual obligations for businesses, the business daily Verslo Zinios reported on Thursday.

The coronavirus outbreak in China is already affecting Lithuanian businesses as some companies start lacking goods, others are facing delivery delays or dealing with production problems.

While competition between start-up ecosystems in Lithuania and other countries is growing rapidly, innovative businesses from non-EU countries welcome Lithuanian start-up ecosystem. This is evidenced by the fact that in 2019, twice as many foreign start-ups than in the previous two years chose Lithu...

Researchers of Kaunas University of Technology (KTU) have created a digital assessment tool and first virtual training programme that will help businesses to evaluate capabilities and readiness to operate in the international market and develop competencies needed for this. Target group – CEO and ow...

With the German economy having shrunk by 0.1 percent in the second quarter and facing a real threat of recession, Lithuanian businesses exporting their products to the EU's biggest economy are presented with both new challenges and new opportunities.

Globally-minded outlooks, progressive business environments and an emphasis on establishing a strong work-life balance are taking over sunny beaches and colourful cocktails when choosing a workation destination, announces "Go Vilnius".

The number of bankruptcies in the Scandinavian markets important for Lithuania rose faster last year and a similar tendency is expected this year as well, the Verslo Zinios business daily writes.