Investment attraction is crucial to bounce back economic growth
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
In a context of a technical recession and stuck employment, Lithuania still stands out in fintech and automotive to bounce back economic growth.
Applications from Lithuania’s institutions receive €1 million in funding, and the space sector will grow to 1% of GDP by 2027.
Lithuania’s manufacturing generates 20% of the GDP and employs 13% of the labour pool. Automotive leads both in jobs created and expenditures.
Lithuania’s highly educated workforce, modern infrastructure, and favourable business environment generate massive start-up opportunities.
mRiik is the digital identity app that will allow you to have all the necessary documents (passport, ID card, driver’s license) in users’ phones.
In Estonia, the price of electricity in April was 29% higher than the previous month. While GDP is expected to decline by 1.2% this year.
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.
Digital health will grow 30% annually over the next 5 years and reach 640 bn by 2026. Estonia is working on evidence-based digital therapeutic solutions.
Tallinn has not only consolidated its competitive IT sector and business environment: now finance and insurance firms lead the flow of FDI abroad.
This year a potential investment of €1.9 billion in 40 projects are targeting Latvia, among which Marcegaglia steel and Roche biotech.