Our weekly selection of the TOP news about Lithuania (23-11-24)
We invite you to check out our weekly selection of the TOP news about Lithuania:
Small Is Beautiful: 10 European Cities Where You’ll Feel Welcome (Forbes)
Free from the cruise passengers that can take over other Baltic capitals, Vilnius has remained a bit more undiscovered. But a series of celebrations this year in honor of the city’s 700th birthday—a date determined by a 1323 letter from Gediminas, the Grand Duke of Vilnius, that announced to his European neighbors that the city would welcome newcomers—have been putting the Lithuanian capital on the cultural map.
Why Lithuania's Fintech is Booming (Finextra)
Lithuania is becoming increasingly established in the Fintech sector and is gaining more international recognition. The statistics do not lie – the country is attracting more investments and interests from foreign businesses every year.
According to Unicorns Lithuania, in Q2 2023, startups active in Lithuania have paid €93.8 million in taxes, which is 15% more than in Q1, and 25% more year-on-year. Salaries paid by startups have also been increasing during this period.
63 MW Mažeikiai wind farm in Lithuania has reached commercial operation date (Yahoo Finance)
63 MW wind farm is the first Group’s fully built onshore wind farm in Lithuania. It comprises 14 wind turbines with 4.5 MW capacity each.
Lithuania: A growth hotspot for co-creating life sciences solutions with a global impact (Reuters)
In this dynamic landscape of life sciences, Lithuania, a country by the Baltic Sea, has emerged as a compelling growth hotspot fostering solutions with a global impact. Today, the sector plays a crucial role in driving the country’s economic development, all the while tackling challenges related to global and public health. Lithuania stands at the forefront of cutting-edge biotechnology, medical research, and genetic advancements.
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