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December 21, 2011

One-Stop Consulting for Foreign Investors

Invest Lithuania, a public agency which provides assistance to foreign investors, has launched a one-stop consulting service to large and medium-size foreign capital companies already operating in Lithuania.
December 19, 2011

Lithuanian Pixelmator Named Mac App of the Year

The image editing app released by the Lithuanian software developer Pixelmator was named the App Of The Year by Apple last week.
December 15, 2011

IKEA To Open First Store in Lithuania

IKEA, which runs an international network of furniture and household stores, announced today its plans to open a store in Vilnius which will be the first IKEA outlet in the Baltic States. The store, to be built in the vicinity of the Vilnius International Airport, is to be erected by Felit, an Icelandic company operating through a franchise agreement with IKEA.
December 14, 2011

Lithuania Up Three Positions in Global Competitiveness Ranking

Having moved up three positions from last year, Lithuania stands 44th in the newest global competitiveness list which is compiled annually by the World Economic Forum and includes 142 countries.
December 06, 2011

Financial Stability Ensured Quick Rebound of the Economy – Lithuanian PM Advisor

The government in Lithuania has managed to prove the political will and to implement severe fiscal consolidation over the last three years. This has been hard on people but helped to maintain financial stability and integrity of the country and ensured quick rebound of the economy after the crisis, said Mykolas Majauskas, chief economic advisor to the Prime Minister of the Republic of Lithuania in the interview broadcasted on Bloomberg Television.