Lithuanian innovative companies generating solutions for the space industry will be able to participate in the NASA’s acceleration programme, says  Minister of the Economy and Innovation Virginijus Sinkevičius at the meeting with NASA’s representatives in the US.

One of the most powerful laser system SYLOS made by Lithuanians was launched today in the Centre of Laser Researches in Hungary. Mr. Gintaras Vilda, Vice Minister of the Economy and Innovation, who participated in the conveyance ceremony of the unique laser system, said that it is a huge achievement both for Lithuania and global science. 

‘New business models and technologies require to promote investment to innovation and skill and to create modern legal basis. Old rules are no longer relevant, especially when it comes to the introduction of promising new digital business models, the start-up ecosystem and rapidly evolving...

Lithuania will be launching ‘Startup Employee Visa’, a procedure for attracting, retaining and integrating foreign talents that will reduce barriers for the highly qualified professionals that startups need to come to Lithuania. This was established by the memorandum signed today by the Ministry of Economy and Innovation, the Ministry of the...

The Government approved amendments proposed by the Ministry of the Economy and Innovation in the Law on the Development of Small and Medium-Sized Enterprises, which define a long-used start-up term which has not been included in the legislation so far. It is determined that start-up shall mean a very small or small enterprise that has a big potential of...

In Brussels, Minister of the Economy and Innovation Virginijus Sinkevičius will be among the first in the EU to present the Lithuanian National Artificial Intelligence Strategy in meetings with representatives of the European Commission and in artificial intelligence conferences. According to the...

According to the calculations of the Ministry of the Economy and Innovation, last year, administrative burden on business was reduced by EUR 103.9 million, which will allow some businesses save more than EUR 6 000 a year. This amount includes time and financial costs that will no longer be incurred by businesses as a result of the entry into force of the...

Following the United Kingdom’s withdrawal from the European Union, Lithuania will automatically recognise the professional qualifications of medical doctors, dental practitioners, nurses responsible for general care, midwives, pharmacists, veterinary surgeons and architects, acquired before Brexit. These...

At the 12th meeting of the Lithuanian-Kazakh Intergovernmental Commission on Trade and Economic Cooperation (the Commission), held at the Ministry of the Economy and Innovation of Lithuania it was decided to strengthen bilateral economic relations, develop cooperation in the field of transport in order to increase the volumes of transported cargos and to...

Minister of the Economy and Innovation Virginijus Sinkevičius met with Google CEO Sundar Pichai in Warsaw and  discussed cooperation possibilities in the area of financial technology, artificial intelligence and GovTech.

Today, economist Jekaterina Rojaka is taking up her duties as Vice-Minister of the Economy and Innovation. She will be responsible for coordinating EU investment and enterprise policymaking.

Dalius Morkvėnas, previous coordinator of international marketing campaigns like ‘Tesla Gigafactory’ and ‘#NanoJesus’, is taking up his duties as Director of Lithuania Travel, which is a tourism promotion agency in Lithuania.