News
Subscribe
April 26, 2012
Sochi Winter Olympics contractor Glassbel boosts investment in Klaipėda
Glassbel Group, the most advanced producer of architectural and interior glass in the Baltic and Nordic countries, aims to become the leading company on the Nordic market and is strengthening its production capacity in the Klaipėda Free Economic Zone (Klaipėda FEZ).
April 25, 2012
Lithuania Reports Largest Decline in Unemployment Rate in EU
In 2011, Lithuania recorded the largest annual drop in the unemployment rate among the 27 Members States of the European Union.
April 20, 2012
Lithuania Among the Most Attractive Destinations for Shared Services and BPO
Global Shared Services industry experts named Eastern and Central Europe as a most attractive destination for Shared Services (SS) and Business Process Outsourcing (BPO) for businesses that are looking to relocate their operations to more competitive locations.
April 13, 2012
New Factories Spring Up After Downturn
More than 20 Lithuanian and foreign companies are currently building or planning new factories in the country.
April 06, 2012
Denmark's Nielsen & Nielsen to hire 40 finance professionals in Kaunas
Lithuania's targeted efforts to become a Northern European service centre are showing results. Denmark's Nielsen & Nielsen Holding A/S has recently opened a financial service centre in Kaunas, and now
intends to hire forty highly skilled finance and accounting professionals.
April 06, 2012
COWI to open IT service centre in Vilnius
Danish engineering consulting and design company COWI A/S is establishing an IT operations and service centre in Lithuania to centralise and optimise the operations it carries out across five continents.
Over the next two years, the company plans to invest LTL 5.3 million (EUR 1.5 million) in the centre - which will be in Vilnius - and employ 20 people.
April 03, 2012
New biopharmaceutical plant to sharpen Lithuania’s hi-tech edge
Lithuania’s leading biopharmaceutical company, Sicor Biotech/TEVA, will build a new pharmaceutical plant in Vilnius. Due for completion by the end of 2013, the project has attracted almost EUR 22.6 million in foreign investment.
Once on stream, the multifunctional plant will double the production capacity of Sico Biotech/TEVA, with over 95 per cent of its biopharmaceuticals produced for export.
