Lithuanians would like to develop their own businesses, but many are afraid or simply do not have an idea for one, SEB Bank has concluded after carrying out a survey in the Baltic states. About one in ten Lithuanians have a business, whereas in Latvia and Estonia the share is twice as big. Many say ...
Entrepreneurship
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Van Williams, CIO, chief of product engineering and manager of Virtustream development centre in Lithuania, says that the Baltic countries should be more active in attracting global funding. Also, he is convinced that the main asset of any business are innovative professionals, discovered and foster...
The former head of the Skype office in Tallinn, who established a start-up helping other start-ups find the best place to develop their businesses, has noticed that Vilnius distinguishes itself among other European cities for its suitability for developing new business.
Fionn Dobbin, entrepreneur and lecturer at Stockholm School of Economics in Riga, started his social enterprise after he heard a story about one unhappy woman.
According the European Commission, long-term investments clearly represent the important instrument while seeking the sustainable, advanced and integrated ensurance of European Union economic growth as well as the development of risk-resistant tomorrow’s economy.
Lietuvos pramonė skundžiasi, kad trūksta gerai apmokytų specialistų: konkuruoti dėl jų tenka ne tik su didžiaisiais Europos gamintojais, bet ir užsienio universitetais, norinčiais pritraukti gabių studentų. Vienas iš Lietuvos išvykusiųjų jaunųjų inžinierių atvyko mokytis į Daniją ir ten liko, nes įk...
Last year businessman and investor Igor Matsanyuk moved his team to Vilnius, Lithuania’s capital city. And at the beginning of the summer he himself moved to Lithuania’s capital.
Lithuania became a member of the European Union in 2004, and since that year almost 470,000 people have emigrated from the country. Now, many of the so-called “generation of independence” - the first generation of Lithuanians to be born after the collapse of the Soviet Union – are returning. And, wi...
The Lithuanian weekly Veidas elected Manager of the Year. The 2015 award went to Andrius Rupšys, head of the company Ruptela UAB.
Silicon Valley serial entrepreneur Michael Baum is coming to Kaunas University of Technology (KTU) to deliver a lecture and a pitching event. Baum is a CEO of 100 million worth investment company and startup academy FOUNDER.org which invests in student entrepreneurs from the world's top universities...
A total of 463 entrepreneurs were financed by the Entrepreneurship Promotion Fund (VSF) in 2014, or by 55 percent more than in 2013. Young people aged up to 29 years old were the most enterprising.
Mats Persson marvels at the changes Vilnius has undergone since his first visit to Lithuania just three years ago. The Swedish head of Adform, a Denmark-based specialist in multi-screen brand advertising, comes to the firms' Vilnius office several times per month, and is impressed by the pace at whi...
For the second consecutive year, the Western Union Foundation Lithuania is giving grants to support non-government organizations and social initiatives in Lithuania.
This year, Lithuania for the first time participated in the finals at the international Creative Business Cup competition, held in Copenhagen on 17-19 November. Results achieved by entrepreneurs of creative industries at the world championship surpassed all expectations.
On 14 November, Kaunas University of Technology will open the new Science, Technology and Business Centre, part of Santaka Valley. The Centre, hosting state-of-the-art laboratories and knowledge-based enterprises, will become a hub for progressive technologies and knowledge-intensive business repres...
On 14 November 2014, Santaka Valley KTU Science and Technology Centre and Technological Business Incubator will open. KTU Santaka Valley is one of the most important objects strengthening the image of Kaunas as business and investment-friendly city. KTU Santaka Valley will strive to become one of th...
A group of American-Lithuanian entrepreneurs have opened two offices in Vilnius and Kaunas, saying the decision to base their company in Lithuania helps sign up new clients from the United States.
On the list of Doing Business 2015, a World Bank Group flagship report which was released this Wednesday, Lithuania remains as one of the most favourably assessed countries in the world in terms of starting a business.
The education system oriented at academic achievements prevents Lithuania from becoming an innovative country. It does not promote innovative thinking, entrepreneurship and is impeding such traits says senior economist at Swedbank Laura Galdikienė.
The seven winners of the 8th edition of European Enterprise Promotion Awards (EEPA) were announced on Thursday. Lithuania's App Camp was recognized for its project Mobile Apps Laboratories, an initiative that, according to the jury, best promotes entrepreneurial spirit.