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2023 06 08
A. Armonaitė invites ADM representatives to Lithuania during her visit to the USA

Minister of the Economy and Innovation Aušrinė Armonaitė met with Vikram Luthar, Vice President of Archer Daniels Midland (ADM), a multinational food processing and commodity trading corporation, during her visit to the USA. During the meeting, the Minister presented Lithuania's investment environment and invited  to visit Lithuania.    

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2023 06 07
Ministry of the Economy and Innovation: 260 scholarships to develop the talent needed by Lithuanian regional businesses

In response to the continuing need for computer science, engineering and mathematics specialists, the Ministry of the Economy and Innovation (EIMIN) is continuing to award targeted scholarships to 10 higher education institutions in the Lithuanian regions. This year, the Ministry plans to award ...

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2023 06 05
A. Armonaitė to present Lithuania's potential in biotechnology during her visit to the USA

On 5-8 June, the Minister of the Economy and Innovation, Aušrinė Armonaitė, will pay a working visit to the USA, where she will participate in the North American Lithuanian Business Forum, meet potential investors and present Lithuania's potential in biotechnology. According to the Minister, Lithuania is becoming a hub for the US ...

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2023 06 01
A. Armonaitė: Klaipėda has taken an important step towards attracting foreign talent and investment

On the initiative of the Ministry of the Economy and Innovation and other institutions, a new service centre “International House Klaipėda” was opened up in Klaipėda to l help to ensure a smooth resettlement of foreigners to the port city. The Minister Aušrinė Armonaitė has no doubt that the activities of this centre ...

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2023 05 30
Vilnius and Kaunas – among the 200 best cities for startups

Lithuanian cities have risen significantly in the latest edition of the StartupBlink index, with Vilnius and Kaunas making the TOP 200. Lithuania is currently No. 17 on the global list, and No. 9 in the European Union. The Lithuanian Minister of the Economy and Innovation, Aušrinė Armonaitė, is confident about the index providing further evidence that ...

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2023 05 25
Ministers have agreed on further development of Lithuania's defence and security industry

The Roadmap for the Development of Lithuania's Defence and Security Industry 2023-2027 has passed the final stage, with a joint agreement of four ministers approving an initiative to shape the needs of the defence and security industry and innovations in our country. This initiative of the Ministry of the Economy and Innovation will ...

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2023 05 22
EIMIN: Almost €12 million allocated to 7 municipalities for industrial zone development

Ministry of the Economy and Innovation has allocated €11.7 million in funding for infrastructure projects in seven municipalities across the country. The funding will help municipalities to build and improve infrastructure in free economic zones (FEZs), industrial parks and other industrial areas.   

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2023 05 12
European Space Agency to fund six Lithuanian projects

The European Space Agency (ESA) has published a list of recommended projects for funding, including six applications from Lithuanian business and scientific institutions. Up to €1 million will be allocated to the projects planned for Lithuania.  

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2023 05 12
EIMIN will be responsible for the service areas of electronic identification and trust services for electronic transactions

The Ministry of Economy and Innovation will be responsible for the areas of electronic identification and trust services for electronic transactions. This consolidation will allow for a more coherent design, implementation and control of the functions in these areas, to ensure a smoother ...

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2023 05 11
A. Armonaitė: ‘SK E&S of South Korea plans to invest in Lithuania’

Eight months after the Minister of Economy and Innovation Aušrinė Armonaitė met with South Korean investors, SK E&S, one of the largest oil and gas companies in Asia, announced that it is seriously considering expanding its operations in Lithuania.   

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2023 05 11
EIMIN: €5 million allocated to improve roads to industrial areas

The Ministry of Economy and Innovation has allocated €5 million to three Lithuanian municipalities selected through a tender process to build and manage roads leading to industrial areas and free economic zones (FEZs). The funds are earmarked for Kaunas and Kėdainiai districts, and Klaipėda city municipalities.   

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2023 05 02
A. Armonaitė invited Omani business representatives to visit Lithuania

Minister of Economy and Innovation Aušrinė Armonaitė, together with a Lithuanian business delegation of 25 companies, visited Oman, where she met with representatives of Omani companies and invited them to come to Lithuania to learn more about the life sciences ecosystem and to participate in the life sciences event Life Sciences Baltics 2023 in Vilnius in ...

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