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2021 11 30
EUR 50 million will be earmarked to create an Industrial Innovation Park in Klaipeda

The Ministry of the Economy and Innovation signed a major investment project agreement with VMG Technics, an international investment company which belongs to the VMG Group.  This company is creating an Industrial Innovation Park in Klaipėda, will invest up to EUR 50 million and create about 150 new jobs.

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2021 11 24
MOU signed with EXIM Bank from US enables diversification of supply chains and expansion of trade

The Ministry of the Economy and Innovation and the Export-Import Bank of the United States (EXIM) have signed a cooperation memorandum to strengthen Lithuanian-US trade cooperation in goods and services.

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2021 11 23
Aušrinė Armonaitė: our proposals to the US cover from bio to space technology

In a meeting with members of the American Chamber of Commerce on Monday, Minister of the Economy and Innovation Aušrinė Armonaitė talked about Lithuania’s investment climate and discussed opportunities to promote business relations and attract new investors to Lithuania.

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2021 10 26
Aušrinė Armonaitė: The visit of the Taiwan delegation opens up many new opportunities for Lithuania

The largest Taiwanese business delegation in Lithuania’s history starts work on Wednesday. During a three-day visit, businessmen and officials of this country will participate in the Lithuanian-Taiwan Trade and Investment Forum, visit Lithuanian companies and sign cooperation agreements with Lithuanian counterparts.

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2021 10 22
Aušrinė Armonaitė: Lithuania has great potential to increase exports and attract investment in high technology from the UAE

In the UAE, Minister of the Economy and Innovation Aušrinė Armonaitė together with Prime Minister Ingrida Šimonytė and a Lithuanian Business Delegation will present Lithuania’s investment environment to representatives of the UAE Government and businesses and will discuss possibilities ...

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2021 10 20
The National Certificate is already available to Lithuanian residents who were vaccinated or had coronavirus abroad

The National Certificate is already available to Lithuanian citizens who have been vaccinated against COVID-19 or have had coronavirus abroad.

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2021 10 15
Aušrinė Armonaitė opened a Belarusian business start-up centre in Vilnius

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.  

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2021 09 30
European Guarantee Fund will guarantee 'Startuok' (start up) loans for young businesses

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.

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2021 09 21
Key steps outlined for the successful integration of Lithuanian industry into European value chains

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 ...

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2021 09 09
Minister Armonaitė presents Lithuanian biotechnology achievements to US businesses in Chicago

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. 

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2021 09 07
Aušrinė Armonaitė will invite German car manufacturers to invest in Lithuania

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.

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2021 09 02
Lithuania Gives Out 10,000 Nights for Free this Fall: New Tourism Boosting Campaign by 500 Accommodation Providers

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 ...

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