LithuaniaBusiness

Israeli IT company opens up shop in Lithuania

The Israeli IT company Yam Software Development has set up a business in Lithuania. According to the Lithuanian Centre of Registers, YamSoft was established in Kaunas last week. It is [..]

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 [..]

Swedbank lends EUR 16 million to Lithuanian company

Swedbank, which is a leading bank in Lithuania, has loaned EUR 16.4 million to Akvatera W, which is part of the Kika Group. The company runs a chain of pet [..]

Turkish car parts manufacturer Sampa to operate in Lithuania

Sampa Otomotiv, a Turkish truck and bus parts maker, is setting up its business in Lithuania to sell its products and has established a company in Vilnius, Sampa Lithuania. According [..]

Singaporean fintech Telcoin establishes 2nd company in Vilnius

Telcoin, a Singaporean fintech company, has established its already second company in Lithuania. Telcoin was established in Vilnius on July 18 and is led by David Stuart, a UK citizen [..]

Lithuania’s Viciunai Group to Vici brand in Baltics, plans facelift

Viciunai Group, one of the largest food production groups in Lithuania, partly owned by Kaunas Mayor Visvaldas Matijosaitis, intends to keep its Vici brand in the Baltic countries, but will [..]