Lithuania continues to solidify its position as the EU’s largest fintech hub by license count, with new data showing remarkable resilience and maturity of the sector despite global economic challenges. According to the newly published “Fintech Landscape in Lithuania 2024-2025 Report” by Invest Lithuania, the country’s fintech ecosystem now comprises 282 companies serving over 30 million customers across the European Union. The report reveals that Lithuania’s fintech talent pool has expanded significantly, with the sector now employing nearly 8,000 professionals – a figure that has doubled in just five years. Looking ahead, the sector shows strong moment... More

The Ministry of the Economy and Innovation (EIMIN) is initiating legislative changes to significantly speed up the implementation of major investment projects in Lithuania. The amendments aim to further remove bureaucratic bottlenecks and create a realistic "investment highway" model, which will allow up to ten times faster movement from the investor's decision to the start of construction. "We want Lithuania to strengthen its position as a competitive location for large investments in the region - for both domestic and international investors. For this to happen, we need to go beyond words and create real conditions for the 'investment highway' - large projects... More

Lithuania offers foreign companies to set up joint ventures, share risks and thus reduce the cost of weapons, Prime Minister Gintautas Paluckas says as demand for military industry products continues to grow in Europe.   “Joint means sharing risks, both in terms of capital investment, legal regulation and the sale of such produced products,” he said. According to the prime minister, part of the products made by such joint ventures would remain in Lithuanian military warehouses, which would help to control the cost of armaments. “Because today we see prices skyrocketing. Because everyone needs everything,” Paluckas underlined. At least four Germa... More

The leading website building platform Wix is taking a strategic step by establishing a Vilnius Design Studio in Lithuania. This decision will not only strengthen the company’s global design capabilities but also significantly expand Wix’s team in Lithuania. Wix, the leading SaaS website builder platform to create, manage and grow a digital presence is making an expansion in Lithuania by opening a major design center in Vilnius. The new Vilnius Design Studio will become part of Wix’s global design guild, an international community of over 300 designers specializing in various fields, joining Wix’s other two design hubs in Tel Aviv and Ukraine. This creative hub w... More

„TUI INVEST (Direct foreign investments (FDI)“ Central West Lithuania (Vilnius district is not eligible) Application submission deadline 2024-05-31. Total budget of the call: 6 million Euros   Eligible applicant   The applicant is a private legal entity established (acquired) in the Republic of Lithuania by a foreign investor (legal entity(ies) and/or natural person(s)) over which the foreign investor has a decisive influence, or a foreign investor (company), or a foreign branch established by the investor (company) in the Republic of Lithuania and which meets one of the following conditions: SME; is a large company when it coop... More