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2023 10 13
Head of SK Hynix, South Korea, visits Lithuania at the invitation of A. Armonaitė

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 ...

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2023 10 05
A. Armonaitė invites Panasonic and Hitachi to use the services of Lithuanian manufacturers

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.    

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2023 10 04
Ministry of the Economy and innovation proposes to improve conditions for large investment projects

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.   

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2023 10 04
A. Armonaitė: "Japanese are interested in infrastructure and energy projects in Lithuania"

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 ...

2023 10 03
A. Armonaitė: "Japanese banks could invest in Lithuanian start-ups"

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. 

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2023 10 02
A. Armonaitė to present opportunities for entrepreneurs in Lithuania to Japanese entrepreneurs

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.    

2023 09 28
€1 billion for the Lithuanian economy: €8.85 million more for energy efficiency

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.  

2023 09 28
Lithuania rises in the European e-Government Ranking

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.  

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2023 09 28
A. Armonaitė invites SpaceX to expand operations in Lithuania

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. 

2023 09 27
Lithuania jumps up the global innovation index

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.  

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2023 09 19
A. Armonaitė invites South Korean pharmaceutical company to set up in Lithuania

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.  

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2023 09 12
EUR 1 billion for the Lithuanian economy with EUR 7.5 million to improve employee skills

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. 

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