Minister of the Economy and Innovation Aušrinė Armonaitė and Belarusian opposition leader Sviatlana Tsikhanouskayja opened a Belarusian business start-up centre Imaguru in Vilnius; the centre’s space will be used by Belarusian businesses moving to Lithuania.  

To ease the borrowing burden on SMEs the European Guarantee Fund (EGF) will guarantee loans from the ‘Startuok’(start up) financial instrument of INVEGA. The total potential loan portfolio will make EUR 57 million.

Assisted by the European Commission, local and foreign experts, the Ministry of the Economy and Innovation has worked out a Roadmap for the integration of the Lithuanian Industry into European Value Chains proposing specific steps on how to strengthen the national competitiveness as well as economic and technology ...

Minister of the Economy and Innovation Aušrinė Armonaitė is visiting Chicago, where she will meet potential US investors and present Lithuania’s life science achievements. 

Minister of the Economy and Innovation Aušrinė Armonaitė will meet leaders of German automotive industry in Munich this week; she will invite them to invest more actively in Lithuania and cooperate with Lithuanian companies already working with German car manufacturers.

Lithuania has come up with an attractive deal for independent travelers: stay three nights in the country but pay only for two. Up to 500 Lithuanian hotels, B&Bs, and other short-term accommodation providers have teamed up with the government for this campaign to offer the first 10,000 travelers who ...

On Tuesday, Minister of Economy and Innovation Aušrinė Armonaitė discussed with representatives of the life sciences sector the actions currently planned to promote the growth of the life sciences industry.

The Ministry of the Economy and Innovation has launched a call for applications for EU support under the ‘e-commerce model COVID-19’ instrument, which enables businesses to introduce information technology to administer business transactions electronically. EUR 40 million has been allocated to this instrument.  

On Thursday, Minister of the Economy and Innovation Aušrinė Armonaitė met with Vice-President of the European Commission Vera Jourova to discuss the importance of developing digital services and combating disinformation.

On Tuesday, the Seimas approved the so-called employee relocation package initiated by the Ministry of the Economy and Innovation, which opens simplified conditions for investors from third countries to transfer their employees and family members. These changes are particularly relevant for Belarusian companies moving to Lithuania or ...

From 1 June of the current year, conditions for using the National Certificate get more relaxed. The Ministry of the Economy and Innovation informs about the basic changes.

In Brussels, Minister of the Economy and Innovation Aušrinė Armonaitė met with Latvian State Secretary Edmunds Valantis and Estonian Minister of the Economy Andres Sutt to discuss how to facilitate travel among the Baltic countries; she also presented the National Certificate.