📊 Some of the recent Lithuanian improvements in stats globally: Lithuania has climbed to 22nd place in the Global Digital Competitiveness rankings, leading the Baltics. Furthermore, Lithuania ranks 5th in the OECD for tax competitiveness! In the 2024 Global Digital Competitiveness Ranking, Lithuania climbed 6 positions, securing 22nd place out of 67 evaluated countries. Lithuania is scoring particularly well in the "readiness for the future" category, ranking 17th. Full story here ▶️ https://lnkd.in/dVnFB5ke What is more, Lithuania climbs to 5th place in the OECD for tax competitiveness, up 2 spots! 🇱🇹 With a corporate tax rate of 15%, far below the OECD average of 23.9%. Get the full report ▶️ https://lnkd.in/evQkxgr4 Inovacijų agentūra
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The official Linkedin account of Embassy of the Republic of Lithuania to the Republic of Finland is dedicated to the economic news and activities relevant to Finnish and Lithuanian businesses.
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https://fi.mfa.lt/fi/en/
External link for Embassy of Lithuania to Finland
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Lithuanian startups and investors gathered together in Helsinki. This week in Helsinki is about Slush, where the core of startups, investors, and hi-tech professionals from around the globe come into one place. Startup Lithuania with 16 bright Lithuanian startups participated here as well. Moreover, the side event was organized to familiarize foreign guests with the Lithuanian startup ecosystem. Furthermore, Embassy of Lithuania to Finland, Embassy of Latvia in Finland, Estonian Embassy in Helsinki together with Fondia Oyj, Finnish Business Angels Network (FiBAN) organized a networking event „Baltic Sea Unicorns“ to get to know the Baltic startup environment. Invest in Latvia Inovacijų agentūra Lithuanian Business Angel Network LitBAN
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We are pleased to announce that H. E. Mr. Edvilas Raudonikis, Ambassador of Lithuania in Finland officially presented his Letters of Credence to the President of Finland, H.E. Mr. Alexander Stubb, on November 5, 2024, at Mäntyniemi, the Presidential Palace of Finland. This marks a new chapter in furthering the strong and cooperative relations between Lithuania and Finland. The Republic of Lithuania and the Republic of Finland share close ties in both political and economic spheres. H.E. Mr. Edvilas Raudonikis is the eighth Ambassador of Lithuania to Finland since Lithuania restored its independence in 1990.
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Invest Lithuania: Technology in Helsinki! Over the last few weeks, several Invest Lithuania delegations have visited Finland to attract new local partners. This time we along with the Technology team were delighted to interact with the Finland-Lithuania Business Association at the Embassy where Indre Maliaukiene presented what Lithuania has the best and most interesting to offer for Finnish businesses. Ambassador Edvilas Raudonikis with Kristupas Stankus and Risto Uusitalo enriched the discussion. Apart from that, the team attended the annual Cyber Security Nordic event in Helsinki.
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Have you already started planning your next year vacations? Lithuania is a top Lonely Planet destination for 2025! ✈️ The world's most popular guide book publisher unveiled its Best in Travel 2025 list, where Lithuania was named 2nd among the best countries to visit next year. Whether you’re drawn to its rich history, breathtaking nature, or warm hospitality, there’s something special for everyone here. 4 daily flight are operated between Helsinki and Vilnius. Plan your next adventure in Lithuania—Europe’s top destination for 2025! Matka Travel Fair Matkailu- ja Ravintolapalvelut MaRa ry - Finnish Hospitality Association MaRa Suomen matkailualan liitto SMAL ry
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Big step for clean energy for Finland, Lithuania, and the entire region! 💧 ⚡ In April 2024, the European Commission granted the Nordic-Baltic Hydrogen Corridor the status of a project of common interest, which allows an application for EU project funding to accelerate implementation procedures! This project will generate a large hydrogen market and export potential towards continental Europe. The corridor could reduce carbon emissions by up to 37 million tons of CO₂ equivalent annually by 2050. The Corridor will enhance energy security and supply diversity in the region and Europe. Learn more about the project: https://lnkd.in/gfUG6R9e Gasgrid, Amber Grid
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Embassy of Lithuania to Finland julkaisi tämän uudelleen
Alihankinta 2024 was great! Had the pleasure of reconnecting with valued friends and partners, made some nice new connections and gained valuable insights into the industry. Like always very good cooperation with Tomas Dovydaitis and the team (Plieno Fortas, JSC; BOSINOX; UAB "Dirmeta"; Kalvis; ARDO Projektai; Techranga UAB; EUROKUBAS UAB; Entech group) from LINPRA - Engineering and Technology Industries Association of Lithuania. See you in spring! -> Here we are cooking some really good stuff. Ivaylo Tomov and Maxim Garner - was very nice to finally meet you guys in person and learn more about ArcaPay. Keep on doing the good work. Finally, we set some good Baltic cooperation in motion with Pilvi Hämäläinen, Triin Tirp, Irene Surva-Lehtonen and Gatis Ozolins. Thank you, Pilvi, for the invitation to the Estonian event. The quality was outstanding, and the discussions were great. Both Žymantas Mozūraitis and I were particularly impressed by Mr. Erkki Keldo!
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🚀 Last Chance to Visit the Lithuanian stand at Alihankinta 2024! 🚀 If you're attending Alihankinta in Tampere, don’t miss your chance to connect with LINPRA - Engineering and Technology Industries Association of Lithuania on the final day tomorrow, 3rd of October! 🏗️🇱🇹 🔍 Discover the latest innovations in automation, robotics, and precision engineering that LINPRA members are showcasing. Whether you're looking for new partnerships or simply want to explore cutting-edge solutions, stop by and meet our team of experts! 📍 Location: LINPRA stand D110. Come and see how Lithuanian industry can power your business forward! 💼🤝
Alihankinta 2024 – Where Industrial Professionals Meet – is Now Open! 🚀 🇱🇹 LINPRA, the Engineering and Technology Industries Association of Lithuania, is proud to participate in this leading industrial event, showcasing the best of Lithuanian engineering and manufacturing alongside several of our esteemed member companies. 📅 Date: October 1-3, 2024 📍 Location: Tampere, Finland 🏢 Visit us at stand D110! Alihankinta is a prime platform for industries such as metalworking, electronics, plastics, and rubber, and offers key insights into industrial ICT solutions, design, and consulting services. At the joint Lithuanian stand, you can meet top companies from these sectors, including: ✅ Entech group LTD – Specializing in design and engineering solutions, offering custom plastic injection molding services. ✅ BOSINOX – A leader in laser cutting of sheets and tubes, bending, welding various types of materials. ✅ Techranga UAB – Experts in metal manufacturing and mechanical engineering, providing cutting-edge production solutions. ✅ Plieno Fortas, JSC – Offering metal parts and complex steel construction projects for different industries. ✅ UAB "Dirmeta" – Focused on precision machining and mechanical part production, serving both local and international markets. ✅ EUROKUBAS UAB – Specialists in custom cable assemblies manufacturing for industrial applications. ✅ Kalvis – Known for producing industrial equipment and providing metal processing services. ✅ ARDO Projektai – specializing in high-precision mechanical components manufacturing for small quantities and series production for various industries. Come by our stand to explore innovative manufacturing solutions and discuss exciting opportunities for collaboration. Let’s work together to drive the future of engineering forward! 🤝 #Alihankinta2024 #LithuanianEngineering
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Liettua: bioteknologian maa!🧬 🔬 Lithuania has opened the Celltechna Gene Therapy Centre in Vilnius—the first of its kind in the Baltic States. This groundbreaking facility, built in just one year with a €50 million investment, will focus on researching and producing innovative gene therapies for Europe and the US. 🌍 Part of the visionary - EUR 7 B investment project - Bio City complex positions Lithuania as a key player in the global biotech market and strengthens our ambition to generate 5% of the nation’s GDP from biotechnology by 2030. 📌 More top-notch biotech facilities are under construction in the same campus in Vilnius. Prepare your visit to the upcoming Life Sciences Baltics 2025 to discover flourishing Lithuanian biotech ecosystem. More 👉 https://lnkd.in/dRywfK2b Finnish Bioindustries FIB - Suomen Bioteollisuus ry
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This week, Invest Lithuania and Innovation Agency Lithuania | Global teams are in Helsinki. Together with our economic team, Žymantas Mozūraitis and Kristupas Stankus, delegates from both agencies spent two days in meetings with potential investors, business associations, startup facilitators, and city business development agencies. In the picture: the team after the wrap-up and next-steps session with H.E. Ambassador Edvilas Raudonikis. Meet Akvilė Naginionytė Mačiulė, Vida Staskoniene, Indrė Balčiūnaitė, Karolina Urbonaitė, and Simona Buziliauskiene at the Nordic Business Forum next!