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.

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.

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...

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,...

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.

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.

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.

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...

Lithuania has become the tenth country in the world chosen by CERN to set up its incubator: Minister of the Economy and Innovation Virginijus Sinkevičius and the European Organisation for Nuclear Research (CERN) signed an agreement, on the basis of which the only business development centre of CERN...

On 4th July 2019 Lithuanian stakeholders from private and public sector signed a Memorandum of understanding on digitalization of cross-border road freight transportation which aims to foster the process of moving from paper to electronic version of cross-border road consignment note(eCMR) in the Baltic-Nordic region.

In Lithuania, a GovTech Lab will soon become operational seeking to help address problems of the public sector by means of innovative solutions. The initiative of the Ministry of the Economy and Innovation will offer a possibility for start-ups to test their technology with the public sector and also will facilitate the technology commercialisation.

As of 1 July, a faster start-up visa issue procedure will be launched: decisions on a visa issue for foreign start-ups in Lithuania will be made by Enterprise Lithuania twice as fast and the deadline will be  reduced from 30 to 15 calendar days, and from 30 to 5 calendar days for start-ups invited to risk and private equity funds. The Migration...