The Lithuanian way makes the difference in the innovative success
Individualism is the strongest cultural predictor of economic innovation. And Lithuania is a regional hub thanks to its progressive mindset.
Individualism is the strongest cultural predictor of economic innovation. And Lithuania is a regional hub thanks to its progressive mindset.
The construction of a magnet factory and R&D centre in Narva will have the capacity to produce magnets made of rare earth metals and recycled ones.
The winner of the auction is UAB Saulės Grąža. The total investment in development and distribution will exceed EUR 90 million.
ELWIND has been listed on the first list of green energy cross-border (CB RES) projects under the EU Connecting Europe Facility (CEF).
Warsaw will raise its target defence spending to 5% of GDP. Whether acting as buffer from Russia will translate into political influence is another matter.
Lithuania is the home to a few of the EU’s largest neo-banks and crypto platforms with one of the highest densities of start-ups per capita.
In 2021 the USA was the main investor in the country. Last September, the deficit on the current account balance slightly narrowed.
Estonia has now become a front-runner green power in wind farms. A unique laboratory on the sea will be created near Saaremaa.
The rise in relative costs and the gas storage/demand gap in Latvia will make the path rockier, thus weakening competitiveness.
Latvia’s recognitions at the last Go Global Awards underline its own achievements through innovations and technological development.