2023-05-20
Money laundering body: is it an economic asset or liability?
Banks should know their customers and innovate in ICT, while the state focus on prosecution without spreading unnecessary costs throughout the economy.
Category: Lithuania
2023-05-16
Unity is a strength and fuel for strategic growth
Tietoevry is combining global business design and software engineering services within the three Baltic countries, with a total market size of EUR 3.6 billion.
2023-04-18
Kaunas settles the largest office campus in the Baltics
The investment is worth over EUR 100 million, where architectural aesthetics and solutions will create a pleasant experience for both customers and employees.
2023-04-15
Trust hangs on credibility, with growth stability at risk
A GDP contraction of –0.3% is predicted for this year in Lithuania, with +2.7% growth in 2024. Inflation to decrease more slowly than expected.
2023-03-18
Lithuania robotics and automation are ahead of the curve
Lithuania has experienced a renaissance during the pandemic in the robotics, automation, and AI sectors. Now planning to start developing RaaS.
2023-03-07
Low-risk growth approach makes the ideal gateway for investments
Lithuania is the EU’s largest fintech hub by licenses issued with an 80% increase in the income generated and 19% more employees last year.
2023-02-21
Courage, stability, and growth empower FDI, innovation, and wellbeing
Lithuania is one of Europe’s most digitized countries, easing economic crosscurrents through targeted stimulus, FDI, and global partnerships.
2023-02-07
Lithuania’s biotech jumps up: now just set it free
Life sciences make up 2.5 percent of Vilnius’ GDP creation, looking to figure hit 5 percent by 2030. The sector sees year-on-year growth of 22 percent.
2023-01-07
Expectations are not enough with inflation out of control
Lithuania’s economy keeps growing (1.3% in 2023). But the stabilization is fragile, and the balance of risks is negative. The global outlook is worsening.
2022-12-27
Lithuania boosts foreign direct investments and its tech environment
iTechArt Group and Sapiens are the latest addition to the strong Fintech presence in a country that is the perfect fit for a technological delivery centre.