August 19, 2014
Flazm, a Russian game developer, has announced plans to relocate its studio to Lithuania. The company, which has so far been developing minor flash games, will work on improving its first major project in Vilnius – the strategy game Train Valley for PCs, that is about to appear in the virtual computer game store Steam.
August 14, 2014
Devbridge Group, a US company operating for six years, has had a second office in Kaunas since 2011, and is opening a third office in Vilnius this year. The company’s management team says that a growing business provides opportunities to create more benefits for clients and employees. For this reason, there is a plan to increase the number of employees to 500 in the next 3–4 years and look for possibilities to open offices in other European countries.
August 13, 2014
Edmundas Balčikonis, the founder of startup company TrackDuck
- which facilitates interaction between customers and web developers – has become famous for inviting Russian internet entrepreneur Pavel Durov to Lithuania. His offer was endorsed not only by the Lithuanian startup community, but also by Lithuania’s president. In his column for Zukerman-Pozvonit, Balčikonis explains why startups from Russia are increasingly interested in moving to Lithuania.
August 12, 2014
Today Economy Minister Evaldas Gustas signed a decree appointing Arvydas Arnašius as Director-General of public institution Invest Lithuania, with effect from 13 August. Mr Arnašius has been the acting Director-General of Invest Lithuania since March.