2024-08-06
Lithuania is the key player in the European defense
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.
Category: Lithuania
2024-07-06
Communications and borders become part of the retaliation game
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.
2024-07-02
Lithuania keeps its focus high on a landscape of opportunities
Invest Lithuania recently published the most comprehensive insight on business opportunities, from fintech to ICT and manufacturing.
2024-06-18
Foundations, not taxation, give sustainability to the market economy
This year Lithuania will grow by 2% and accelerate to more than 3% in 2025-26 driven by consumption and exports. However, risks arise from demographics and taxation.
2024-06-11
Lithuania will become NATO’s ammunition factory in the Baltic
Under the Green Corridor initiative for large-scale investments, Rheinmetall will produce tens of thousands of rounds of ammunition per year in Lithuania.
2024-05-21
Growth flies high: Ryanair blows 120m in investments
Kaunas aircraft industry thrives with 2 new aircraft maintenance, 4 new routes, and 1,250+ new jobs in the region including pilots, cabin crew, and engineers.
2024-05-11
Lithuania: interest on deposits is among the most competitive
The annual growth of loans and deposits stands at 4.5% and 5.5%, respectively. Households are offered the highest interest rates on deposits of over 2 years
2024-04-27
Defense is a business worth 14% growth in specialists’ employment
Large-scale manufacturing projects in defense are part of national security, where tax incentives include a 0% corporate income tax for 20 years.
2024-04-13
Lithuania: services fly high and CAB boosts its value
Last February recorded a rise in the surplus balance of services (+31.6% to €790.7 million) and a decline in primary income deficit (-50.6%).
2024-04-09
Is healthcare the new slaughter game on taxpayers’ skin?
In Lithuania, healthcare professionals have become a rare commodity, whereas liberalization and privatization would allocate accountability more efficiently.