ForeignInvestment

Hopes for improvements in Latvia’s investment environment

The Foreign Investors Council in Latvia (FICIL) has told the LETA news agency that Latvia’s investment environment is better this year than it was last year. The statement was made [..]

Vilnius receives top honors for investment strategy

Vilnius has received the award for Best Foreign Direct Investment Strategy in fDi’s Mid-Sized European Cities of the Future 2025 ranking. The city also ranked 4th in Economic Potential, 2nd [..]

Danish company setting up shop in Lithuania

The Danish logistics company LS Intertank is opening up shop in Lithuania and plans to hire up to 70 drivers there. The company hopes to become a regional leader over [..]

City of Tallinn expects US contribution to embassy neighborhood upgrade

Tallinn City Government has submitted a list of streets adjacent to the planned new United States Embassy building which the city government wants to renovate and which it has requested [..]

US company to expand operations in Lithuania

The US-based medical technology company Dexcom has announced that it will expand its clinical affairs team to Lithuania after opening an initial office in Vilnius four years ago. The company [..]

Lithuanian energy company to receive new investment

Green Energy, which is a renewable energy company in Lithuania that is owned by the Modus Group, has announced that the European Bank for Reconstruction and Development has tentatively approved [..]

Foreign investors rate investment climate in Latvia at historic low

Foreign investors’ assessment of the overall investment climate in Latvia reached its lowest rating of 1.9 points out of 5. In comparison to 2022, the rating has fallen by 0.4 [..]

Lithuanian economy minister to meet Apple, Amazon reps

Economy and Innovation Minister Ausrine Armonaite is meeting with representatives from global technology giants Apple and Amazon Web Services (AWS) on Wednesday to present Lithuania’s investment environment and conditions for [..]

Euro currency helps promote foreign and domestic investment – Dombrovskis

The use of the euro currency removes uncertainty about a country’s future monetary policy, strengthens external credit ratings, reduces the cost of public and private financing, and all this helps [..]

Deutsche Bank considers opening service center in Lithuania, official confirms

Elijus Civilis, general manager of Invest Lithuania, the government’s foreign investment promotion agency, confirmed on Friday that Deutsche Bank, Germany’s largest lender, is considering opening a service center in Lithuania. [..]

Latvia is open to German investment in innovative technologies and renewable energy – Karins

Latvia is open to German investment in innovative technologies and renewable energy, especially the development of offshore wind farms, Foreign Minister Krisjanis Karins (New Unity) told his German colleague Annalena [..]

LIAA opens an Innovation and Technology Representative Office in Switzerland

The Latvian Investment and Development Agency (LIAA) has opened a representative office in Geneva, Switzerland, whose task will be to provide a link between Latvian entrepreneurs involved in the European [..]