Invest Lithuania Press Releases - EIN Presswire - Press Release Distribution Service

Published on February 2, 2022 - 06:59 GMT

Europe’s leading kitchen manufacturer to open Global Business Services Centre in Lithuania

Having actively engaged with a dedicated team of consultants at Invest Lithuania, Nobia decided to establish their GBS centre in Lithuania. “Our main criteria’s during the searching for the optimal location were competence, talent availability and …

Distribution channels: Banking, Finance & Investment Industry

Published on January 31, 2022 - 08:53 GMT

2021 in Lithuania’s Global Business Services – a year of success

The article has originally appeared in Focus On Business magazine. With the third (and, hopefully, final) year of the COVID-19 pandemic making a start, the Lithuanian Global Business Services (GBS) sector has not only kept its head above water but also …

Distribution channels: Banking, Finance & Investment Industry

Published on January 26, 2022 - 07:40 GMT

Danish DOVISTA to further invest in Marijampole factory

The planned investments of 5,5 million EUR include upgrading current equipment and machinery and investing in new equipment and processes. These upgrades will extend production capabilities and introduce new products and features. Investments will also be …

Distribution channels: Banking, Finance & Investment Industry

Published on January 24, 2022 - 11:13 GMT

World-leading fasteners manufacturer Dokka Fasteners expands to Lithuania

The company plans to hire up to 50 people in the upcoming three years, focusing on engineering roles and competencies in machining, forging, programming assembly robots and running fully automated production lines. “Green energy is gaining momentum, both …

Distribution channels: Banking, Finance & Investment Industry

Published on January 24, 2022 - 07:23 GMT

Top global bicycle industry player Pon.Bike to open production facility in Lithuania

Pon.Bike, the world’s leading bicycle company, will open a new manufacturing facility in Kėdainiai, Lithuania in 2024. The new production center could scale up to an annual production capacity of 600,000 bikes and will be equipped to produce bikes for …

Distribution channels: Banking, Finance & Investment Industry

Published on January 17, 2022 - 07:27 GMT

Lithuanian walking startup “Walk15” attracts almost 270,000 euros in investment

The text is prepared together with “Walk15” team The company “Walk15”, established in Lithuania in July 2019, which administrates the walking application “#walk15”, started the new year by attracting almost 270,000 euros in investment. The start-up, …

Distribution channels: Banking, Finance & Investment Industry

Published on January 13, 2022 - 07:02 GMT

German IT services powerhouse GOD expands to Lithuania

In Lithuania, GOD decided to operate from two locations – the capital Vilnius and the country’s second-largest city Kaunas. These two cities host the majority of the country’s tech companies, and are home to major tech universities including Kaunas …

Distribution channels: Banking, Finance & Investment Industry

Published on January 10, 2022 - 07:50 GMT

Yara to expand Vilnius-based European Business Services Centre

Yara International, the world’s leading fertilizer company, has announced plans to expand its European Business Services (Yara EBS) in Vilnius. The company expects to add 130 finance specialists to its Lithuanian team over the next years. Headquartered in …

Distribution channels: Banking, Finance & Investment Industry

Published on December 17, 2021 - 07:15 GMT

NFQ Technologies brings valantic to Lithuania

International digital innovation company NFQ Technologies has announced starting a new company for its partner, the Western European technology company group, valantic. It is one of the fastest-growing digital solutions, consulting, and software companies …

Distribution channels: Banking, Finance & Investment Industry

Published on December 16, 2021 - 10:53 GMT

Unity announces plans to nearly double its headcount in Lithuania

Unity provides a comprehensive set of software solutions to create, run and monetize interactive, real-time 2D and 3D content for mobile phones, tablets, PCs, consoles, and augmented and virtual reality devices. Creators, ranging from game developers to …

Distribution channels: Banking, Finance & Investment Industry

Published on December 10, 2021 - 07:03 GMT

Belka Games establishes first European GameDev office in Vilnius

According to Mr. Bogdanov, the new office will help the company tap into Lithuania’s rich talent pool and offer employees from other offices a new and exciting location.   “I would like to thank the government and Invest Lithuania, who accompanied us at …

Distribution channels: Banking, Finance & Investment Industry

Published on December 8, 2021 - 06:59 GMT

American EMS software and services provider Digitech to establish a GBS centre in Kaunas

Digitech, a provider of billing services and technology for the Emergency Medical Services (EMS) industry in the United States, has announced plans to establish a global services centre in Kaunas, Lithuania. Digitech was established in 1984 as a technology …

Distribution channels: Banking, Finance & Investment Industry

Published on December 2, 2021 - 10:59 GMT

Danish-owned Danspin celebrates 20th anniversary in Lithuania with expansion planned

Danspin, a Danish-owned yarn producer, has announced expanding its capacity in Raseiniai, Lithuania. The company plans to add more than 60 employees in the next three years, with most working in production and managing the intricate spinning and carding …

Distribution channels: Banking, Finance & Investment Industry

Published on December 1, 2021 - 14:20 GMT

From airfield to R&D: Kaunas is building the Baltics’ most modern innovation park

Original content has been published in Outsourcing & More. The R&D outsourcing industry is poised to grow at an increasing pace, reaching the size of more than USD 650 billion by 2025. At the same time, companies are moving from business process …

Distribution channels: Banking, Finance & Investment Industry

Published on November 29, 2021 - 07:19 GMT

Growing Icelandic low-cost carrier PLAY to open support office in Vilnius

PLAY, a new and expanding Icelandic low-cost airline, has just announced plans to open an administrative and tech support office in Vilnius, Lithuania, in December. The carrier’s HQ and current flight operations will remain in Iceland, including flight and …

Distribution channels: Banking, Finance & Investment Industry

Published on November 25, 2021 - 06:59 GMT

AI-powered computer vision software developer AxxonSoft to expand to Lithuania

AxxonSoft, video management and physical security information management software developer, has just announced plans to open an office in Lithuania. The new branch will be an integral part of a global development team producing the company’s computer …

Distribution channels: Banking, Finance & Investment Industry

Published on November 22, 2021 - 07:01 GMT

Silicon Valley multi-cloud security company vArmour opens software development centre in Lithuania

vArmour, a leading provider of application relationship management software, has just announced the establishment of their latest development centre in Vilnius, Lithuania. The centre will specialise in expanding 3rd party integrations, which will enable …

Distribution channels: Banking, Finance & Investment Industry

Published on November 18, 2021 - 07:03 GMT

Belarusian IT giant LeverX Group enters Lithuania

One of the largest and fastest-growing Belarusian IT companies, LeverX Group, has entered the Lithuanian market. The company specialises in the implementation of digital SAP solutions for companies in various industries. Lithuanian-based firm LeverX …

Distribution channels: Banking, Finance & Investment Industry

Published on November 9, 2021 - 13:57 GMT

Alter Domus to Boost its European Operations with the Opening of its Vilnius-Based Office

Alter Domus, one of the largest privately-held asset servicers for alternative assets and investors globally, announced today the opening of its Vilnius office, which is its third European Central Operations Centre in Europe after Birkirkara (Malta) and …

Distribution channels: Banking, Finance & Investment Industry

Published on October 28, 2021 - 08:03 GMT

Saldo Finance receives a Special Purpose Bank (SPB) license and plans growth in Lithuania

Saldo Finance UAB, a subsidiary of Finnish fintech Saldo Finance Plc, has been granted an SPB license by the European Central Bank, following the proposal of the Bank of Lithuania. That will allow the company to expand the range of services in Lithuania …

Distribution channels: Banking, Finance & Investment Industry