Invest Lithuania

Simplex, an Israeli based company providing fraudless payment processing solutions worldwide, has just opened its new Lithuanian office. As part of an overall expansion plan, the company is looking to triple its current 25 strong Lithuanian team in the next three years, states Invest Lithuania.

The number of Global Business Services (GBS) centers in Lithuania grew from 70 to 78 last year and the sector created 2,000 new jobs, an increase of 13 percent year-on-year.

Verse, the development of current accounts towards a payment tool that wipes out the friction of financial transactions between friends and in shops, has become the first Spanish Fintech to obtain a licence from the Bank of Lithuania (Lietuvos Bankas). This licence authorizes it to operate not only ...

Nordzucker, one of the leading sugar producers in Europe, is establishing a Business Service Centre in Kaunas, Lithuania, the country’s second largest city. The company already employs 230 people at its sugar production facility in Kėdainiai, and is now extending its operation in Lithuania, releases...

Belgian building materials group Etex has announced opening a Global Business Services centre in Vilnius. The new branch will hire a team of Finance and Accounting professionals who will support the functions of this international group that generates over three billion euro in annual revenue, infor...

Eisfeld Ingenieure, a German company offering state-of-art structural engineering solutions is to open a new office in Vilnius, Lithuania. The company will look to build a team of 20 professionals in the coming years, announced "Invest Lithuania".

Urban was founded in 2014 by Jack Tang and Giles Williams to provide easy and affordable access to wellness, so people can live happier and healthier every day, a press release from Invest Lithuania states.

Dana Incorporated, a world leader in highly engineered solutions for improving the efficiency, performance, and sustainability of powered vehicles and machinery, will be opening a new global shared service center in Vilnius, Lithuania. The center will employ approximately 100 people in a variety of ...

The Lithuanian subsidiary of London-based cross-border payments facilitator Earthport (AIM: EPO) – Earthport Payment Services UAB – has been granted a Payment Institution license by the Bank of Lithuania, an Invest Lithuania press release states.

The Ministry of Economy and Innovations has registered a legislative package, which specifies that the state could take land belonging to individuals if a large investor needs it. Seimas jurists note that this could clash with the Constitution.

DELFI удалось получить тайный план правительства, связанного с ограничением деятельности торговых сетей, а цель его – побуждение малого бизнеса. Неофициально говорят, что это часть плана премьер-министра Саулюса Сквернялиса по "борьбе с ценами".

Fast-growing financial services consultancy Catalyst Development Ltd has announced a record year. Between April 2017 and March 2018 [FY18], Catalyst substantially grew its investment base, services, markets, clients, staff and profitability. Since October 2017 alone, Catalyst has achieved a record i...

As part of its strategy of strengthening manufacturing capacities in Europe, the technology company Continental, is to build a new facility in the Kaunas region of Lithuania. The company plans to invest €95 million in the new unit, which will produce electronic components and create around 1000 new ...

Lietuva turi galimybių į mažmeninės prekybos rinką pritraukti vieną iš Lenkijos prekybos tinklų, tačiau tam reikia ir valdžios institucijų pastangų, o pats procesas tikriausiai užtruktų ne mažiau kaip dvejus metus, teigia rinkos dalyviai ir analitikai.

Invest Lithuania, the government's agency in charge of attracting foreign investment, has sealed 19 foreign direct investment (FDI) projects this year. Over the coming three years, these investments are expected to create 1,800 new jobs, the agency said.

Cujo, which was named as one of the hottest up-and-coming startups at this year’s TechCrunch Disrupt conference, is setting up operations in Lithuania.

Top Chinese officials and business leaders from the Longhua district in the region of Shenzhen are visiting Lithuania next week and have issued an open invitation to Lithuanian companies, investors and business leaders seeking investment to a networking event in Vilnius.

Didėjantys keleivių srautai, jų poreikiai ir išmaniųjų įrenginių populiarumas nulėmė belaidžio interneto ryšio paslaugos pokyčius Lietuvos oro uostuose.

Foreign investors located in Lithuania generate higher returns on equity than in other countries, a study by foreign investment development agency Invest Lithuania shows.

The Swedish banking group Swedbank has announced it is opening a new service centre in Lithuania that will employ 400 people. Five more investors are interesting in moving some of their operations to Lithuania, the country's foreign investment agency says.