
Diversification is the key to emerge and grow
Lithuania withstands the recent economic shocks due to the successful diversification of export markets.
Lithuania withstands the recent economic shocks due to the successful diversification of export markets.
The capital of Lithuania has decided to prepare for a possible war scenario, with a plan for the total evacuation of the city within 48 hour.
Wix establishes a new design studio in Vilnius, while PAYSTRAX expands its Lithuanian operations, boosting their teams and capabilities.
Lithuania’s economy rebounds with 2.4% GDP growth in 2025, driven by exports, private consumption, and investments.
Flo Health expands its operations in Lithuania advancing tech-driven personalization and reinforcing privacy and security efforts.
Hollister will enhance a new €25 million investment in production operations in Kaunas, bringing the number of associates to 750 by the end of the year.
Lithuania’s healthcare sector presents solid foundations with opportunities for growth and development in digital health and medical tourism.
Lithuania created the technology hub Space Cluster to add to 1% of the country’s GDP, while the ESA partnership worth €5 million will open up to new markets.
Lithuania is expected to grow by 2.2%, where ICT alone has been outpacing the entire economy. Beware the sluggish exports.
Commerzbank, one of the largest financiers of German foreign trade, opens a new representative office in Vilnius.