Entrepreneurship

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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 ...

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...

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.

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.