Bentley Systems, Incorporated (NASDAQ: BSY), the infrastructure engineering software company, announced today it is expanding its Lithuanian operations with the opening of a new office in Vilnius. The company plans to grow its Lithuanian team of close to 300 colleagues by nearly a third over the next three years, actively recruiting across UX design, product management, and software engineering. This expansion capitalizes on the region’s rapidly maturing technology ecosystem and positions Vilnius as a central hub for Bentley’s European digital innovation strategy. Bentley Systems has operated in Lithuania for over two decades. Today, engineering teams in Vilnius and Kaunas dri... More

The latest Global Entrepreneurship Monitor (GEM) 2025/2026 global report shows that Lithuania is the leading country in Europe in terms of the quality of its entrepreneurial environment and ranks among the world’s strongest economies in this field. The newest data captures the development of entrepreneurship during a period marked by heightened macroeconomic and geopolitical uncertainty in the global economy. Around 67% of economies reported that in 2025 more residents experienced declining incomes than income growth. In many countries, starting a business is perceived as more difficult than a year ago, while structural imbalances are becoming a long-term challenge. GEM 2025/... More

KAYAK, a leading travel search engine, is expanding its engineering and product teams and plans to hire additional talent across its Lithuanian operations in 2026. The upcoming hiring round will focus primarily on software engineers, with KAYAK’s Lithuanian offices working across Java, JavaScript, React, TypeScript, C#, and Python. Many of these new hires will work on AI innovation initiatives and support the rapid growth of KAYAK for Business, the company’s corporate travel planning platform. KAYAK opened the Kaunas office in 2018 and expanded to Vilnius in 2023, where the company has dedicated workspaces at Talent Garden, a tech coworking hub, and now has more than 100 employ... More

One of the largest biotechnology investments in Lithuania in recent years is gaining momentum – the construction of Pentasweet’s €65 million brazzein sweet protein factory. This major national investment project has entered a new stage: a symbolic capsule has been placed into the foundations of the future factory at the Vilnius City Innovation Industrial Park. The factory is expected to begin operations in the first half of 2027. The factory, covering more than 8,000 square meters on a 1.2-hectare site, will become the first production center in Europe for brazzein – a sweet protein that is 1,500 times sweeter than sugar. This innovative product opens opportunities ... More

Lithuania’s fintech sector is entering a new chapter. New data from Invest Lithuania shows the EU’s largest licensed fintech hub now serves around 40 million customers, employs nearly 8,000 professionals, and is moving into a phase of growth defined by consolidation, deeper capabilities, and rising interest from strategic investors. The country’s fintech ecosystem now comprises 248 active companies – down from last year’s 282 as the market consolidates around stronger, more established players. Yet the sector’s economic footprint has deepened considerably: the value of payments processed by electronic money and payment institutions grew by 57% since the e... More