Lithuanian economic growth exceeds the regional average, but local and international experts are in agreement that to keep it or even increase there is a need for new engines of growth. Digital economy in Lithuania offers such an opportunity.
Infobalt EN
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The Lithuanian government's decision to expand the list of professions subject to simplified procedures for employing foreigners would help boost the country's competitiveness, the director of the IT association Infobalt said.
The Vilnius-based Barclays technology center, which has recently announced plans to cut the number of its staff by a third, has probably found cheaper business development opportunities, head of the Investors' Forum, uniting foreign investors, believes.
Talks have been around for some time now that US internet giant Google is looking into expanding in Lithuania. At the moment, however, the company is only looking for a Lithuanian-speaking finance specialist for a job in Dublin and does not reveal any details about possible plans to settle in Vilniu...
Every year, over 1,000 students finish information technology (IT) studies in Lithuania; however, according to employers, it is not enough to meet the current demand of IT specialists in the country.
