A new investment project by Mondelēz International will see €3.5 million put into its production facility in Kaunas, Lithuania. The funding will be used to acquire unique new technologies that will enable new chocolate production methods. As a result of this upgrade, Mondelez Lietuva Production, the company’s Lithuania branch, intends to add 27 new employees to the team of 412 currently working in Kaunas. Most of these will be highly-skilled graduates who will work as line operators and production process specialists. Mondelez Lietuva’s goal is to be the preferred partner for managing complex technologies within the Mondelēz integrated supply chain. The Kaunas unit, w... More

Thermo Fisher Scientific Baltics, a sister company of US life science products and services provide Thermo Fisher, has opened a new aseptic processing laboratory in Vilnius. The 1,700 square meter laboratory, which was formally opened this December, received over € 6.42 million in investment. Its high-tech cleanrooms will be used to develop Dynabeads, magnetic beads used in cancer immunotherapy research. At a news conference this week to mark the opening of the new facility, Algimantas Markauskas, CEO of Thermo Fisher Scientific Baltics and vice-president for the Baltic region, outlined how important the new laboratory will be for the company’s continued development. &ldqu... More

Lithuania’s public WiFi provision has been ranked first globally for the second year running in a survey of wireless internet speed and quality. With average WiFi speeds of 16.1 Mbps, Lithuania beat its northern neighbour Estonia, who came second, to retain its global crown. The other positions in the top 5 were taken up by Singapore, Switzerland and the Netherlands. UK-based tech watchdog Rotten WiFi carried out the survey, which analysed the speed and quality of public hotspots in 184 countries before compiling its list of the 20 nations with the best free internet provision. European countries made up the bulk of the top 20, with two North American countries and one Asian... More

The European Commission will boost competitiveness by investing almost €16 billion in research and innovation in the next two years under Horizon 2020, the EU's research and innovation funding scheme. The European Commission will invest almost €16 billion in research and innovation in the next two years under Horizon 2020, the EU's research and innovation funding scheme, following a new Work Programme for 2016-17 adopted today. The new funding opportunities offered by the Work Programme are directly aligned with the policy priorities of the Commission of President Jean-Claude Juncker and will substantially contribute to the Jobs, Growth and Investment Package, t... More

And although they are the youngest members of Europe’s growing family of tech startup hubs, but the Baltic states of Lithuania, Estonia, and Latvia are maturing fast. They are also among the smallest countries, but that’s not necessarily a bad thing when startups need to test out their latest tech innovations within their local community and get results, fast. More: https://www.lietuva.lt/en/news/politics_economics/forbes-lithuaniaamong-the-most-attractive-and-affordable-startup-ecosystems-in-the-world     More