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

Published on October 21, 2021 - 08:09 GMT

German sustainable construction pioneer NOKERA to build manufacturing facility near Vilnius

NOKERA, a sustainable construction company headquartered in Switzerland, chose the Lithuanian town of Rudamina for its new production facility. The new factory near Vilnius is expected to employ around 300 specialists over the next few years. A pioneer of …

Distribution channels: Banking, Finance & Investment Industry

Published on September 28, 2021 - 08:10 GMT

How Lithuania’s second-largest city brings about first-class quality

The following article by Tadas Stankevičius, Director, Kaunas IN in the Outsourcing&More magazine. You can find the original here. — Kaunas, the home of 400,000 inhabitants, has been getting more attention recently due to the fact that it’s the …

Distribution channels: Banking, Finance & Investment Industry

Published on September 24, 2021 - 08:12 GMT

Telia’s Vilnius GBS centre to drive advanced development

Telia Global Services Lithuania is planning a new development phase in Vilnius. The company expects to hire up to 400 new employees by 2024, thus increasing the company’s total number of employees to 1,300. Most of the new staff will be IT specialists – …

Distribution channels: Banking, Finance & Investment Industry

Published on September 14, 2021 - 08:15 GMT

Norwegian furniture manufacturer Ekornes to expand facility in Panevėžys FEZ

Ekornes Group, has announced plans to expand its plant in Lithuania. The company’s production and distribution facility in Panevėžys Free Economic Zone (FEZ) is set to grow to 25,000 sq. m., with more than 100 specialists joining the factory’s 200-strong …

Distribution channels: Banking, Finance & Investment Industry

Published on September 13, 2021 - 08:17 GMT

Flo Announces $50 Million Series B Funding Round; Bringing Company to $800M Valuation

OB-GYN-recommended app for period and cycle tracking1, today announced it closed $50M in a Series B financing, bringing the total capital raised to $65 million and company valuation to $800M. VNV Global and Target Global both led the round, with previous …

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Published on August 26, 2021 - 08:20 GMT

Leading US medical technology company Dexcom to employ 400 people in Lithuania by 2023

Dexcom, a US medical technology company that established a business services center in Vilnius at the end of 2020, will recruit nearly 200 professionals this year. The technology leader in continuous glucose monitoring for people with diabetes also plans …

Distribution channels: Banking, Finance & Investment Industry

Published on August 24, 2021 - 08:20 GMT

Cybersecurity provider HWG to establish a security operations center in Vilnius

HWG, an Italian cybersecurity services provider, has announced plans to open a security operations centre in Vilnius this year. The company expects to hire around 20 cybersecurity analysts to work with clients around the world. Founded in 2008, HWG started …

Distribution channels: Banking, Finance & Investment Industry

Published on August 23, 2021 - 08:21 GMT

Wunderman Thompson Acquires Leading AI-focused Tech Company Satalia

Global growth partner Wunderman Thompson has today acquired Satalia, one of the leading and most exciting companies offering AI solutions for businesses across industries such as retail, grocery, telecommunications and consultancy. Satalia will join …

Distribution channels: Banking, Finance & Investment Industry

Published on August 19, 2021 - 08:22 GMT

Swedens Favro is establishing a branch in Lithuania

Marketing, sales, customer service and account management operations of the fast-growing company Favro are transferred to Vilnius. Edvinas Vosylius will lead the Lithuanian unit, as well as all start-up sales and customer service operations. “We are moving …

Distribution channels: Banking, Finance & Investment Industry

Published on August 10, 2021 - 08:25 GMT

Snapshot of Lithuania’s GBS & ICT: staying resilient in 2021

The following article by Monika Vilkelytė, the Head of GBS and ICT Team at Invest Lithuania first appeared in the Outsourcing&More magazine. You can find the original here. ————— Even amidst the pandemic turmoil, Lithuania kept its head up. The country …

Distribution channels: Banking, Finance & Investment Industry

Published on July 30, 2021 - 08:27 GMT

Curve appoints as CEO and Head of Lithuania to drive innovation and growth in European Union

Fast-growing financial super app Curve announces the appointment of Renata Sumskaite as CEO and Head of Curve Lithuania, in a move that cements its growth strategy from an EU-licensed base. The Lithuanian office represents a gateway to frictionless trade …

Distribution channels: Banking, Finance & Investment Industry

Published on July 29, 2021 - 08:27 GMT

PRESS GLASS plans to open new factory in Lithuania

PRESS GLASS, a Polish manufacturer of glass products, has announced plans to establish a new factory in Lithuania. The new plant at Kaunas Free Economic Zone is scheduled to begin production in 2022/23, with PRESS GLASS planning to recruit 240 qualified …

Distribution channels: Banking, Finance & Investment Industry

Published on July 15, 2021 - 08:29 GMT

UNRVLD – ambitious new agency emerges from recent digital merger

This week sees the launch of UNRVLD, a new digital agency, following last year’s successful merger of Kagool and Delete, two leading agencies with a combined rich brand heritage. The former entities are renowned for award- winning work with leading brands …

Distribution channels: Banking, Finance & Investment Industry

Published on June 21, 2021 - 08:30 GMT

Lithuania’s GBS & ICT Report 2021 reveals steady growth and future-focused mindset

The seventh annual edition of Lithuania’s GBS & ICT Report provides a detailed overview of growth, activities and talent across the industry in 2020 – together with a confident assessment by companies of prospects for the year ahead. The GBS & ICT …

Distribution channels: Banking, Finance & Investment Industry

Published on June 16, 2021 - 08:31 GMT

Digital City – The Transformation of Lithuania’s Capital

The Covid-19 global pandemic has impacted every corner of the world, creating a crisis which has presented every international market with unprecedented challenges. One nation which has effectively confronted these challenges is Lithuania, the home of …

Distribution channels: Banking, Finance & Investment Industry

Published on June 15, 2021 - 08:32 GMT

Chronosphere to expand its engineering hub in Vilnius

Chronosphere, a technology startup redeﬁning monitoring for the cloud-native world, has announced plans to expand its engineering team in Vilnius. The company expects to double its employee count in Lithuania over the next three years. At its heart, …

Distribution channels: Banking, Finance & Investment Industry

Published on June 11, 2021 - 13:24 GMT

Accenture plans to open ICT centre in Lithuania

Global professional services company Accenture has announced plans to establish a new ICT service centre (Advanced Technology Center) in Lithuania’s capital, Vilnius. The centre will open later in 2021 with the recruitment of a few dozen employees. Steep …

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Published on June 10, 2021 - 08:34 GMT

Unisys to Acquire Unify Square

Unisys Corporation (NYSE: UIS), a global IT solutions company, today announced that it has entered into an agreement to acquire Unify Square, the leading experience management provider for secure collaboration and communications platforms, for $152.5 …

Distribution channels: Banking, Finance & Investment Industry

Published on June 9, 2021 - 08:41 GMT

Eisfeld Ingenieure is expanding its Vilnius team

Eisfeld Ingenieure, a German company offering state-of-art structural engineering solutions, is expanding its Vilnius team. The decision to expand is followed by the success of current employees and the growing talent demand in the industry. Eisfeld …

Distribution channels: Banking, Finance & Investment Industry

Published on June 9, 2021 - 08:35 GMT

Seimas approved relocation package for employees of third country enterprises

On Tuesday, the Seimas approved the so-called employee relocation package initiated by the Ministry of the Economy and Innovation, which opens simplified conditions for investors from third countries to transfer their employees and family members. These …

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