Invest Lithuania

Lithuania ranked 16th according to ICT skills

According to the latest report by the International Telecommunications Union (ITU), Lithuania stands 40th in the world according to its development in...

Record number of foreign companies established in Lithuania in 2014

2014 proved to be a record year for Invest Lithuania , the nation’s foreign investment development agency, with 29 foreign companies deciding to establish...

Forum Business Magazine: Building a back office in the Baltics

Moving operations to low-salary Baltic countries became popular in the 1990s. Now, translocation has changed in nature: it focuses more on services than on...

Game Insight supports 3D printing via Lithuanian startup Toyze

Lithuanian startup Toyze has signed a licensing agreement with global developer and publisher Game Insight for three of its mobile game properties, The...

Wages in IT determined by productivity, not change of currency

The euro which will shortly replace the litas will have a positive effect on the IT services market of Lithuania, however, it will hardly bring any...

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