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.    

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 ...

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 ...

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 ...

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 ...

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 ...

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.   

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.  

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 ...

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.   

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.   

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 ...