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2020 01 16
Last year, twice as many foreign start-ups chose Lithuania for business development

While competition between start-up ecosystems in Lithuania and other countries is growing rapidly, innovative businesses from non-EU countries welcome Lithuanian start-up ecosystem. This is evidenced by the fact that in 2019, twice as many foreign start-ups than in the previous two years chose Lithuania for business development through the...

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2020 01 14
Promoting of public sector innovation: Digital Lithuania Academy

The Academy established by the Ministry of the Economy and Innovation and Create Lithuania will help Lithuania with developing digital skills of public sector employees.

2019 12 05
Lithuania’s GovTech Lab initiative acknowledged in the European Awards

The GovTech Lab initiative by the Ministry of the Economy and Innovation and Create Lithuania was awarded at the Innovation In Politics Awards 2019.

2019 11 19
Lithuania’s record leap in the World Talent Ranking

Lithuania has moved up as much as by 8 positions in the IMD World Talent Ranking 2019. Currently, based on the creation of a suitable environment for qualified workforce, its attraction and maintenance, Lithuania ranks 28th among 63 countries in the world.

2019 10 24
Lithuania has reached its highest position ever in Doing Business 2020: a single further step is needed to be among the top ten

Lithuania has achieved the 11th position in the World Bank’s Doing Business report measuring business conditions. This is the highest position ever achieved by Lithuania since the launch of this report.

2019 10 22
Lithuanian digital innovation solutions delivered in Germany

In the Smart Country Convention exhibition on latest digital solutions for the public sector, cities and municipalities, which has started today in Berlin, Vice-Minister of the Economy and Innovation Elijus Čivilis is presenting Lithuania’s initiatives for digital innovation and sharing experiences on how to digitise services in the public sector.

2019 09 25
EU’s most important research and innovation event presents Lithuanian initiatives in the area of innovation

Vice-Minister of the Economy and Innovation Gintaras Vilda is taking part  in the European Research and Innovation Days in Brussels, where he present Lithuania’s experiences and key achievements in the field of R&D&I. The event brings together top level innovation policy makers as well as business and science...

2019 09 17
Lithuania’s labour productivity assessment carried out for the first time: Lithuania’s rise has doubled

Over two decades, Lithuania has been one of the fastest growing EU Member States in terms of labour productivity growth. Based on the purchasing power parity, labour productivity reached 75% of the EU average in Lithuania in 2017. This is reflected in the first assessment of Lithuania’s labour productivity,...

2019 09 04
Virginijus Sinkevičius at the Krynica Economic Forum: The digital economy is Europe’s chance to avoid recession

Minister of the Economy and Innovation Virginijus Sinkevičius, which is participating in the 29th Krynica Economic Forum, has said that Europe immediately needs a united and coherent digital policy in order to maintain its positions globally.

2019 07 24
The government has decided on which areas of innovation will be promoted

The Government has approved the Smart Specialisation Programme, updated by the Ministry of the Economy and Innovation. In the Programme, 7 priorities will remain out of 20 currently existing priorities and those newly formede 7 priorities will be focused on promoting innovation in the country.

2019 07 16
The GovTech lab starts: public sector communicates challenges and is waiting for start-ups

The GovTech lab, which officially started a few weeks ago, is launching its first set of initiatives; today, the first pilot public sector challenges have been announced today to addressing which the public may contribute, including start-ups, academia and the NGOs.

2019 07 05
Virginijus Sinkevičius: digital economy to become a business card of Lithuania

An increasing number of businesses is becoming more and more dependent on the cutting-edge technology, therefore, the legal environment that allows experimentation with new ideas, technologies and business models must become a key tool for promoting digital entrepreneurship in Europe, says Minister of the Economy and Innovation Virginijus...

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