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2022 03 23
The Government approved the amendments to the Law on Management of State Information Resources

The Government of the Republic of Lithuania approved the amendments to the Law on Management of State Information Resources, that were initiated by the Ministry of Economy and Innovation, which will open up opportunities for storing selected state data not only in public but also in private data centres both in Lithuania and ...

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2022 03 18
Dozens of international companies from Belarus and Russia want to relocate to Lithuania

On Friday, Minister of the Economy and Innovation Aušrinė Armonaitė met with representatives of companies that previously moved from Belarus to Lithuania and assured that Lithuania remains open to international businesses and is ready to provide a safe and stable environment to all international and war opposing companies from Belarus ...

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2022 03 17
The Seimas approved exclusion of companies from hostile states from public procurement tenders

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 ...

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2022 03 14
Lithuania will compensate for expenses of attracting missing highly qualified staff

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 ...

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2022 03 04
Minister Armonaitė proposes Google to move their representation office from Moscow to Vilnius

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.

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2022 03 04
Aušrinė Armonaitė: Lithuania aims to actively participate in the European semiconductors manufacturing sector

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 ...

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2022 03 02
Russian and Belarusian companies can be excluded from public procurement tenders

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.

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2022 03 01
Aušrinė Armonaitė: The Ukrainians will be able to find a job in Lithuania more easily

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 ...

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2022 02 28
Lithuania is ready to welcome Ukrainians and Belarusians, fleeing their homes due to the brutal actions of the Kremlin's and Lukashenko’s regimes

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

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2022 02 21
German company Nokera will invest over EUR 40 million in a new plant in Vilnius district

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 ...

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2022 02 18
Real aid available for businesses affected by China’s sanctions

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. 

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2022 02 15
Foreign tourists can get to Lithuania easier already

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.

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