Loans are getting even more expensive – the European Central Bank has raised interest rates again, and that’s not the end of it. And it’s not just people’s pockets that are emptying. Businesses have spoken […]
EU leaders on Friday asked the European Commission to examine the possibility of screening investments from third countries, particularly from China. […]
Lithuania slipped three places to 33rd among 63 nations in the 2017 world competitiveness ranking released by the Swiss-based International Institute for Management Development (IMD). […]
The intentions of the Lithuanian National Land Service to terminate contracts with real estate developer Hanner over the lease of the territory of the former Žalgiris Stadium in Vilnius is a blow to the investment environment, Prime Minister Saulius Skvernelis has stated. […]
Over the first half of 2016, 22 investment transactions have been made in the Baltic states involving 423,000 square metres of commercial real estate. Among the Baltic states, Lithuania has attracted the least investment, according […]
Lithuania has risen by two positions in the Global Innovation Index 2016 and is positioned 36th among 128 countries. Lithuania is in top ten under seven indicators. Some of Lithuania’s biggest leaps in recent years […]
Lithuania is one of the world’s leaders that attract foreign investment and create new jobs, according to a new ranking. IBM Global Location Trends 2016 report shows that Lithuania takes the 10th position in the […]
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. […]
Debu Purkayastha, a representative of UK-based investment fund Octopus Investments and a former employee of Google, believes Lithuanian tech entrepreneurs have what it takes to become global pioneers. […]
In three weeks, British citizens are voting on whether to remain in the European Union. The results of the referendum are hard to predict with any certainty, but one thing is clear – Brexit would be most painful for the United Kingdom itself and the country’s economy. The situation of expat Lithuanians would also be inevitably affected. […]
“As far as the taxation of labour goes even though the income tax rate is not high – at 15%, the actual tax burden, including social security contributions is about 55%,” said Fidexperta founder Rūta […]
Lithuania-based aircraft leasing company AviaAM Leasing has signed an agreement for a joint venture with China‘s Henan Civil Aviation Development and Investment Company (HNCA). The joint aircraft leasing company will be based in China’s central […]
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. […]
Pumping EU money into Lithuania’s regions to try and reverse their declining fortunes may be creating a false economy and will not lead to a longer term solution to demographic decline and declining investment and […]
The European Investment Bank granted €150 million to support innovative, risky startups and businesses in the Baltic countries and Finland but Lithuania, Latvia and Estonia may only get a little more than one tenth of […]
One of Europe’s most successful economic powerhouses, Flanders, opened a representative office in Vilnius. It was a festive celebration and brought one hundred guests to the new location of Flanders Investment & Trade (FIT) office on Gedimino Prospektas in the heart of the Lithuanian capital. […]
Flanders’ Minister-President Geert Bourgeois opened a new office of Flanders Investment & Trade (FIT) in Vilnius on Tuesday. […]
Lithuania’s information technology sector is frequently discussed as a growing part of the economy, attracting foreign investment, bringing the benefits of job creation and increased taxes for the state. However, director of IT solutions company […]
Lithuania is among the countries that stand to gain the most from a free trade agreement between the European Union and the United States, according to the EU trade commissioner . Cecilia Malmstrom, the European […]
The absence of an increase in foreign direct investment into Lithuania is one of the key reasons why the average wage in Lithuania is the lowest in the region. “The ratio of attracted investment is […]
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