Invest Lithuania - Latest insights and updates

Lithuania’s Investors’ Confidence Index shows positive business expectations

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Latest insights and updates

June, 2014

Health care technology & services company opens first international office in Lithuania

Intermedix Corporation opened a service centre in Kaunas to support technology and operations. The Kaunas office was the company’s first in Europe.

New Investments

Game Insight, a global leader in game development, opens a division in Lithuania

Game Insight, one of the global leaders in free-to-play games for smart devices and social networks, moves its headquarters to Vilnius. Its international operations, marketing, game design and business development operations for all regions of the world will now be managed from Vilnius.

Global concrete connections producer Peikko invests LTL 17 million in Kaunas expansion

Finnish company Peikko, the global leader in the production of reinforced concrete connections, is expanding its activity in Lithuania. The company will invest LTL 17 million in the reconstruction of a new production facility in Kaunas. All in all, 60 new jobs will be created thanks to the reconstruction and expansion.

Facts & Rankings

Growing up fast

How "New Europe" has fared on its tenth birthday. TEN years ago today, the European Union expanded the most in its history. A community with 15 states became one of 25 (it now has 28 members). The expansion was mainly eastward, absorbing eight countries formerly controlled by or part of the Soviet Union, and unleashing big waves of migration to the west. But the EU also acquired two small Mediterranean states: Cyprus and Malta. How have all ten fared since then?

Investment Climate

Lithuania’s Investors’ Confidence Index shows positive business expectations

Association Investors’ Forum for the first time announced Lithuania’s Investors’ Confidence Index. The majority of investors’ rate business development prospects positively.

Russian game developers interested in Lithuania

After the recent IT progress conference 'Login', which included developers‘ event 'Login Game Fest', more and more Russian game developers are considering Lithuania as a place to move their businesses to.

Advisory Council of Invest Lithuania approved

The Ministry of Economy has approved the members of the Advisory Council of Invest Lithuania. The council provides opinions and advice on issues ranging from the improvement of the investment environment to the administration of Invest Lithuania.

Lithuania in Foreign Media

Finnish businessmen urged to invest in Lithuania

“Ukrainian crisis will not have any direct effect on Lithuania’s abilities to attract foreign investment”, Justinas Pagirys, director of Invest Lithuania, said. “Our current and future clients understand that we are a safe region – members of the EU and NATO”.

Kauppalehti, Finland

Russian game developers plan to relocate their businesses to Lithuania

In early 2014, Invest Lithuania announced its priority to attract foreign investment projects of game developing industry. To do this, the government has reduced the time required to hire qualified personnel from outside the EU to 2-4 weeks. Also, they made it easier to obtain work and residence permits.

kommersant.ru, Russia

Top location Lithuania

As an economic location Lithuania is becoming more and more attractive to German investors. Of the total EUR 12.1 billion in foreign direct investments in Lithuania, about 10 per cent comes from German companies, with the result that Germany is already one of the most important investor countries in Lithuania.

Der Mittelstand, Germany

Meet us at Events

IPA Forum

IPA Forum brings together the inward investment promotion professionals from around the Baltic Sea Region – and beyond.

Where: Helsinki, Finland
When: 9-10 June, 2014

The 15th International Symposium on Laser Precision Microfabrication (LPM 2014)

On June Vilnius will welcome the 15th International Symposium on Laser Precision Microfabrication (LPM 2014).

Where: Vilnius, Lithuania
When: 17-20 June, 2014

Operations and Technology in Financial Services

Designed for senior operations and IT professionals from across financial services, this unique event presents unparalleled learning and networking opportunities.

Where: London, UK
When: 17 June, 2014

Renata Martinkute Kirdiene
Investment Advisor

E: renata.martinkute-kirdiene@investlithuania.com
T: +370 5 262 7438

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As a part of the Ministry of Economy of the Republic of Lithuania, Invest Lithuania provides free advice to global companies interested in doing business in Lithuania and introductions to experts on the ground. So if your company is considering a business set-up or looking to access one of Europe's most skilled talent pools, make us your first stop.