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2022 11 18
Changes to the Law on Companies will improve the business environment and help start-ups to attract investment

Seimas approved amendments to the Law on Companies drafted by the Ministry of the Economy and Innovation, which will substantially improve the conditions for growing companies to attract investment, encourage the use of digital tools in decision-making and enable shareholders,  small ones in particular, to ...

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2022 11 09
1 billion for the Lithuanian economy: a call for an e-invoice exchange tool

Ministry of the Economy and Innovation is calling for project implementation plans for the creation of an electronic invoice exchange tool out of the EUR 1 billion earmarked for the economy.

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2022 11 07
Lithuania opens a trade representative office in Taipei

Lithuania officially opened its trade representative office in Taipei on Monday. It is headed by Paulius Lukauskas, who won a tender launched by the Ministry of the Economy and Innovation. The Lithuanian Trade Representative has been working in Taipei for almost two months.  

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2022 11 03
A. Armonaitė invites global accelerator Techstars to invest in Lithuania

Minister of the Economy and Innovation Aušrinė Armonaitė, after meeting in Lisbon with Maelle Gavet, the CEO of Techstars, a global start-up accelerator, invited the company to expand its activities and invest in Lithuania.

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2022 11 03
Lithuanian stand at Web Summit for the first time

Minister of the Economy and Innovation Aušrinė Armonaitė is attending one of the world's largest technology conferences "Web Summit" in Lisbon, Portugal, where for the first time a Lithuanian stand is being presented.

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2022 10 27
Lithuania's cooperation with Japan will boost high-tech business development

Karolis Žemaitis, Deputy Minister of the Economy and Innovation, who has travelled to Japan with a delegation of the Lithuanian government and business, stresses the need to strengthen bilateral economic relations between Lithuania and Japan, and to increase the intensity of bilateral meetings beyond the pre-pandemic level. Lithuania will give the ...

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2022 10 27
Seimas adopts amendments to the Law on Tourism - increasing protection for tourists

Today the Seimas approved amendments to the Law on Tourism initiated by the Ministry of the Economy and Innovation, which strengthen protection of tourists and improve conditions for small tour operators.

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2022 10 27
Lithuania and South Korea Will Cooperate in the Fields of Trade and Industry

The Memorandum of Understanding (MOU) signed on Wednesday in Vilnius by Minister of Economy and Innovation Aušrinė Armonaitė and Minister for Trade from the Ministry of Trade, Industry and Energy of the Republic of Korea Dukgeun Ahn provides for closer cooperation between the two countries in the fields of trade and industry.  

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2022 10 25
A. Armonaitė invites Lithuanian and Belgian businesses to invest more actively in the energy sector

Economic relations between Lithuania and Belgium are set to become even more active, and entrepreneurs from both countries can expect success in cooperation in biotechnology, renewable energy and other innovative businesses. This was stated by the Minister of the Economy and Innovation, Aušrinė Armonaitė, at the opening ...

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2022 10 21
Lithuania aims to restore pre-pandemic foreign tourist numbers as soon as possible

Minister of the Economy and Innovation Aušrinė Armonaitė, who took part in the Lithuanian Tourism Forum "Rethinking tourism" ("Permąstykime turizmą") in Vilnius on Friday, said that Lithuania should strive to quickly restore the number of foreign tourists arriving to the country to the number of foreign tourists before the pandemic in 2019. 

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2022 10 19
€1 billion for the Lithuanian economy: €77.7 million description of conditions for funding mission-driven science and innovation programmes was submitted for public discussion

Of the €1 billion earmarked for the economy, €77.7 million will be allocated for mission-driven science and innovation programmes. In preparation for the launch of the new funding tool for addressing public concerns, ...

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2022 10 17
Lithuania is looking for a Commercial Attaché in Singapore

The Ministry of the Economic and Innovation has announced a vacancy for a Lithuanian Commercial Attaché in Singapore. The new Commercial Attaché is expected to strengthen bilateral foreign direct investment, export and cooperation opportunities between Lithuania and Singapore.

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