Lithuania’s space industry: to the sky and beyond
More than 30 Lithuanian companies participate in space supply chains, one of the fastest growing with an annual growth of 6.7%. To the sky and beyond.
More than 30 Lithuanian companies participate in space supply chains, one of the fastest growing with an annual growth of 6.7%. To the sky and beyond.
Fintech is one of the fastest growing sectors to the Baltic, with 118 of about 400 start-ups in 2021 (+57% to 2019).
The Estonian IT sector is the most competitive in CEE, thanks to its business environment and the implementation of online services.
The culture of knowledge and experience sharing attracts more talent and creates the breeding ground for more innovation and European leadership.
Energy independence, the fight against the shadow economy, digitization, stability and rule-of-law are essential for Latvia’s competitiveness and FDI attraction.
The OTK Global Service Centre in Lithuania is responsible for nearly 40 functions, including cyber security, IT systems, and over €1.3B in procurement.
Latvia ranks 5th among EU members in VHCN. Last year important investment has been made in fibre optic communication innovation.
Even in uncertain times, Estonia’s FDI inflow as a percentage of the GDP is the 4th-largest in Europe, thanks to the business legislation and government’s efficiency.
The amount of payment transactions of EMIs and PIs grew strongly in Q1 2022 and was double the level of a year ago. Revenues grew 3.5 times.
Lithuania’s Independence, a so-called Floating Storage Regasification Unit, offers a case study for those looking to pivot away from Russian gas.