Today, the Seimas approved the proposals of the Ministry of the Economy and Innovation to allow the removal of companies from countries hostile to Lithuania from public procurement tenders in Lithuania; also, to terminate contracts that have already been concluded with such companies. The list of such companies will be approved ...

In order to attract talented workers to Lithuania and increase the competitiveness of our country, the Ministry of Economy and Innovation proposes granting one-off benefits to highly qualified workers coming from abroad and to companies that will employ representatives of professions, that are in short supply in Lithuania. Lithuanian ...

At the meeting with Google Vice President Markham Cho Erickson, Minister of the Economy and Innovation Aušrinė Armonaitė proposed to move Google’s representation office from Moscow to Vilnius.  According to her, Google could also help Lithuania fight against Russian and its ally Belarusian propaganda and disinformation online.

At the meeting with EU Internal Market Commissioner Thierry Breton, who is visiting Lithuania now, Minister of the Economy and Innovation Aušrinė Armonaitė discussed Lithuania’s increased participation in European semiconductor projects in addition to talks about the most important economic security ...

On Wednesday, the Government approved urgent proposals worked out by the Ministry of the Economy and Innovation stating that companies from countries hostile to our country may be excluded from public procurement tenders organised in Lithuania; also, contracts already concluded with such companies may be terminated.

Lithuania has simplified employment procedures for Ukrainian refugees arriving in the country. Moreover, at the initiative of the Ministry of the Economy and Innovation, the main job search portals in Lithuania will now filter their job advertisements according to whether the proposed job is suitable for Ukrainian war refugees staying ...

Lithuania is ready to welcome Ukrainians and Belarusians, fleeing their homes due to the brutal actions of the Kremlin's and Lukashenko’s regimes.

German sustainable construction company Nokera has signed an investment agreement with the Ministry of the Economy and Innovation, which plans to invest EUR 41.1 million in the construction of its new plant in Rudamina (Vilnius district). The plant is expected to create 300 new jobs over the next few years, of which approximately half ...

The New Opportunities LT aid measure worked out by the Ministry of the Economy and Innovation will help small and medium-sized businesses to look for new markets and partners. This is particularly relevant for companies affected by unofficial Chinese sanctions. Up to EUR 5 million is planned for the measure; applications can be submitted already now. 

Foreign tourists can already enter Lithuania more easily; from 15 February, no restrictions are imposed on citizens from the EU and the EEA. Also, an entry ban is lifted for nationals of countries that have joined the EU Digital COVID Certificate. The entry ban for foreigners from other third countries will be lifted on 31 March.

After the meeting with Ming-Hsin Kungu, Minister of the National Development Council of Taiwan, that was held remotely on Tuesday, Aušrinė Armonaitė, Minister of the Economy and Innovation, said that she welcomes the investments that Taiwan plans to make in Lithuania, and is looking forward for ...

The Ministry of the Economy and Innovation signed a major investment project agreement with VMG Technics, an international investment company which belongs to the VMG Group.  This company is creating an Industrial Innovation Park in Klaipėda, will invest up to EUR 50 million and create about 150 new jobs.