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Pursuing investment: shrinking production in Germany brought new opportunities for Lithuania

In 2019 47 foreign direct investment (FDI) projects were attracted to Lithuania, including companies from the prestigious Fortune 500 list. It is expected...

US investor opens technology center in Vilnius: plans to hire 200 engineers and programmers

Invest Lithuania , the official agency for foreign direct investment and business development in Lithuania, today announced that Rocket Software has...

UK-based tech firm establishing developer team in Vilnius

The rapidly growing UK -based tech firm Velocity Black is establishing a developer team in its brand new technology centre in Lithuania’s capital...

Norwegian IT company Omega to double headcount of Klaipėda office

In 2006, the Lithuanian port city of Klaipėda welcomed the Norwegian company Omega, which develops project management software primarily for oil and gas...

Property rights at risk: large investors could take people’s land

The Ministry of Economy and Innovations has registered a legislative package, which specifies that the state could take land belonging to individuals if a...

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