30 straipsnių
The first foreign investor entered Lithuania in 1993. It was Philip Morris, a manufacturer of tobacco products. According to the Investors’ Forum, the company has contributed just over €2 billion to the budget over the last 10 years. The company itself claims to have invested €400 million in Lithua...
The partnership with Taiwan is being further strengthened to attract foreign investment to Lithuania and promote international cooperation. To this end, Karolis Žemaitis, deputy minister of the economy and innovation, will visit Taiwan, where he will meet with representatives of leading companies in...
The Ministry of the Economy and Innovation is launching a EUR 6 million call to attract foreign investors to carry out research and experimental development (R&D) activities in Central and Western Lithuania.
GeoPhy, a Dutch big data company that collects, processes and analyses data on the global real estate market has set up an office in Kaunas. By mid-2017, the company plans to have recruited up to 25 experienced specialists who will be responsible for collecting and analysing data from all over the w...
Nine out of ten German investors in Lithuania are happy with their choice to invest in the country, although many believe that the government could do more in areas like labour law and professional training, according to a survey by the German-Baltic Chamber of Commerce (AHK).
Direct foreign investment (FDI) were on the rise in Lithuania last year, growing from 0.6% to 2.1% of the country's GDP year-on-year.
The total amount of Russian investment in Lithuania is now four times below the level it was a decade ago, dropping to €500 million last year, reports business daily Verslo Žinios.
Foreign investment in Lithuanian commercial real estate rose 6% in the first three quarters of 2015 to hit €183 million compared to the same period last year.
Poland is now as unpredictable as Russia, says Swedbank chief economist Nerijus Mačiulis, adding that recent developments in Poland, which has become the second-largest export market for Lithuanian goods, may have negative repercussions for Lithuania.
Foreign investors get a frosty reception in the regional parts of Lithuania as local businessman fear competition and put pressure on councils to keep out foreign investment, according to Rūta Skyrienė, executive director of the Investors Forum, which brings together foreign investors in Lithuania.
The latest figures show that last year was a record year for Lithuania and Invest Lithuania with 50% more jobs created from foreign investment than last year, according to the agency.
Foreign direct investment in Lithuania rose for a third consecutive quarter, with an inflow of €247.2 million FDI secured in the third quarter of 2015.
The Baltics attracted a total of 101 new investment projects in 2014, which was nine percent more than the previous year, according to Ernst&Young's annual European Attractiveness Survey 2015.
Recently we have seen reports of B2B companies moving into Lithuania’s borders and setting up shop. Google is also establishing a presence in the small Baltic state.
The tech sector thrives in this Baltic state, and education in the STEM field is at the core of its growth.
Finnish investments generated more jobs in Lithuania than any other foreign investment in 2014. Finland made nearly 30 million euros worth of new direct investments last year, retaining its position from 2013 as the country’s eighth largest foreign investor. The most significant foreign investors in...
Lithuania has this year joined the other Baltic countries in adopting the euro. Entering the common European currency can give the country's economy an additional boost, with more foreign investment on the cards, especially from Sweden, Invest Lithuania said.
