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New Kitron’s engineering centre in Lithuania to play key role in product development Added 2015-03-03 State of the art equipment is currently being installed in Kitron’s newly completed engineering services centre in Kaunas, Lithuania. The Norwegian capital company, which specialises in electronic manufacturing services, believes the new equipment...
Lithuania up to 15th Globally in Index of Economic Freedom Added 2015-01-30 Lithuania has moved up 6 positions from 21st to 15th, and now ranks well above the European and global average, in the Index of Economic Freedom. The index, which is produced by American think-tank the Heritage Foundation in conjunction with The...
Forum Business Magazine: “Baltic region is an attractive destination for IT hubs and other support functions” Added 2015-01-14 Moving operations to low-salary Baltic countries became popular in the 1990′s. Now, translocation has changed in nature: it focuses more on services than on production. The data here speaks for itself.
Nordic Investors increasing interest in Baltic States Added 2014-11-28 Investors from the Nordic countries have been sharing their plans for the Baltic States at a business forum in Riga last week. According to them, more goods and services are going to reach their markets from Lithuanian, Latvian and Estonian...
Storebrand Baltic made close to 2 mln litas investment Added 2014-11-28 Storebrand Baltic, with the recent addition of an IT development branch, is the fastest growing company in the Norwegian Storebrand Group. In the last 12 months Storebrand Baltic hired over 30 skilled developers and aim to double the number in the...
Norwegian manufacturer’s strong growth brings jobs and higher salaries to Ukmergė Added 2014-11-28 Orders are coming in thick and fast at Norwegian capital company Stansefabrikken’s factory, located in the Lithuanian city of Ukmergė. The company forecasts growth of 10-15% and its turnover should reach EUR 21 million. Demand is so strong, the...
The President Dalia Grybauskaitė: „Experience of world Lithuanian business leaders and innovators is very important“ Added 2014-06-17 Less than a month left until 6th World Lithuanian economic forum. The final program aspects are being laid down also all names of the speakers are revealed. Already on 7th of July at conference centre of „Radisson Blu Hotel Lietuva“ in Vilnius...