At the invitation of Minister of the Economy and Innovation Aušrinė Armonaitė, Kwak Noh Jung, CEO of SK Hynix, one of the world's leading semiconductor companies, is visiting Lithuania to discuss cooperation and investment opportunities. In July, during her visit to South Korea, the Minister introduced the Lithuanian laser sector to SK Hynix ...

The Minister of the Economy and Innovation Aušrinė Armonaitė met in Tokyo with Hitoshio Ito, Vice President of Hitachi Japan, and Yoshihisa Tanaka, Head of International Relations of Panasonic, to discuss their investment plans and opportunities for expansion in Europe.    

The Government has approved a proposal by the Ministry of the Economy and Innovation to establish new criteria for large projects and to apply corporate tax relief and other special conditions for investment and business.   

Aušrinė Armonaitė, Minister of the Economy and Innovation, presented Lithuania's business environment and investment opportunities to the Japanese business community. At the Lithuanian Innovation and Investment Event, attended by representatives of about 70 Japanese companies, the Minister invited innovative Japanese businesses to ...

Minister of the Economy and Innovation Aušrinė Armonaitė discussed with Tadashi Maeda, Chairman of the Board of Directors of the Japan Bank for International Cooperation (JBIC) in Tokyo, the possibilities for the bank to start investing in innovative Lithuanian start-ups. 

On 2-5 October, the Minister of the Economy and Innovation Aušrinė Armonaitė will visit Japan, where she will discuss investment opportunities in Lithuania and further cooperation between the two countries with representatives of the government and business.    

The Ministry of the Economy and Innovation has launched an additional call for €8.85 million for Lithuanian industrial companies planning to implement energy-efficient production technologies.  

Lithuania ranks 7th in the European eGovernment Benchmark 2023, the European Commission's European e-Government assessment study, and is among the leading countries in the group of countries with the most technologically advanced public electronic services. Last year, Lithuania ranked 8th.  

During the first space industry event "Vilnius Space Days", the Minister of the Economy and Innovation Aušrinė Armonaitė met with representatives of the US space company SpaceX and invited the US company to expand its activities in Lithuania - to carry out research and develop technologies in Lithuania. 

This year, Lithuania ranked 34th among 132 countries in the World Innovation Index, which measures the level of development of the innovation ecosystem. Over the year, Lithuania's position in the World Innovation Index rose by a record 5 places.  

Today, 19 September, the Minister of the Economy and Innovation Aušrinė Armonaitė will meet Richard Lee, CEO of Lotte Biologics, a South Korean company belonging to one of the largest pharmaceutical groups, Lotte Group.  

Representatives of Lithuanian small and medium-sized businesses are encouraged to develop and improve employee skills. The instrument aimed for this purpose will be open to companies in both the capital and central and western regions of Lithuania and the Ministry of the Economy and Innovation will allocate € 7.5 million.