Hollister boosts its operations with a €25 million investment
Hollister will enhance a new €25 million investment in production operations in Kaunas, bringing the number of associates to 750 by the end of the year.
Hollister will enhance a new €25 million investment in production operations in Kaunas, bringing the number of associates to 750 by the end of the year.
Lithuania’s healthcare sector presents solid foundations with opportunities for growth and development in digital health and medical tourism.
Lithuania created the technology hub Space Cluster to add to 1% of the country’s GDP, while the ESA partnership worth €5 million will open up to new markets.
Lithuania is expected to grow by 2.2%, where ICT alone has been outpacing the entire economy. Beware the sluggish exports.
Commerzbank, one of the largest financiers of German foreign trade, opens a new representative office in Vilnius.
In Lithuania, interest rates on deposits with a maturity of 2y are the highest in the euro area. However, this doesn’t stop the loans growth.
The Commission for the Desovietization of Lithuania has asked the authorities to remove all symbols of totalitarianism and authoritarianism from public spaces.
Vilnius’ strategy on defense led to 14 large-scale projects within the Green Corridor worth nearly 4,000 jobs and more than EUR 1.25B in investment.
Moscow has unilaterally decided to change Russia’s maritime borders with Lithuania and Finland, and is pointed for the buoys disappeared along the Narva River.
Invest Lithuania recently published the most comprehensive insight on business opportunities, from fintech to ICT and manufacturing.