🔎 Here it is! The 10th edition of Lithuania's Business Services Report is within your hand's reach. In this special release, we look at the industry's evolution over the past decade. And future opportunities for businesses. So sit back, relax, and explore Lithuania's business ecosystem. Your next step begins here⤵️ https://lnkd.in/d3WMEAkY
Invest Lithuania: Global Business Services & ICT
Business Consulting and Services
Home of the Lithuanian GBS community.
About us
Vilnius, a winner of the Most Dynamically Developing City award in the CEE region for several times in a row, welcomes everyone to its flourishing Business Services community! Kaunas, the second largest city in Lithuania, has been favorably appreciated by growing number of investors on a yearly basis. An increasing number of Scandinavian, Western European and US companies are choosing Lithuania for their Centers of Excellence due to skillful labor pool, competitive cost base and business friendly mindset. Lithuanian GBS industry is currently represented by 100 GBS centers and over 27,000 employees. Follow us to know more about GBS industry development in Lithuania!
- Website
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https://investlithuania.com/business-opportunities-in-lithuania/
External link for Invest Lithuania: Global Business Services & ICT
- Industry
- Business Consulting and Services
- Company size
- 51-200 employees
- Headquarters
- Vilnius
- Specialties
- consulting, Global Business Services, Foreign Direct Investment, and Shared Services Centers
Updates
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🌟 Building talent through innovation: Vention's AI Hackathon At Vention, innovation is more than a buzzword - it's a hands-on approach to training talent. During the recent AI Hackathon, over 100 Vention talents worldwide came together. And after an intense 24-hour session of teamwork, critical thinking, and problem-solving. They created 23 groundbreaking AI solutions, with two Lithuanian teams taking the top spots. The winning team developed EduTrack.AI. A pioneering app that designs personalized learning paths for AI professionals. Vention is shaping the future of AI and building a strong, adaptable workforce ready to tackle tomorrow's challenges. 🚀
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🌍 May 2025 bring Lithuania's Business Services & ICT industry ... With continuous strides in growth, talent and cutting-edge technologies, the potential for 2025 is ample. What milestone do you believe will drive the industry forward as we look to the future? Have a different option? Let us know in the comments! ⤵️
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🎄Growth, collaboration and shared success - 2024 has been a good year for the industry. Thank you to everyone who has been a part of it - your contributions have built the industry into what it is today. Now it's time to look ahead to 2025, embrace new opportunities and challenges. Here are a few words from our team: 🌟 Mantas: "May the GBS ecosystem keep growing in unity and collaboration, welcoming new investments, talent, and opportunities for Lithuania." 🌟 Rūta: "Thank you to our vibrant community for co-creating the GBS value proposition. Here's to welcoming even more standout companies next year!" 🌟 Lukas: "Looking forward to seeing how our companies continue to evolve, delivering even greater value to their partners and Lithuania's economy." Wishing you a joyful holiday season! 🎉
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🌟 Talent sustains growth - but talent development drives it. Here's how Danske Bank added 300 future-ready specialists to its workforce. For six years, the company's FuturePros programme has been growing talent to meet the demands of a rapidly evolving industry. With 90% continuing long-term careers at Danske, 300 talents have joined the bank through this programme. This year alone, 84 new colleagues started their journeys. Why FuturePros matters: 🔹 Offers transitional hands-on experience with opportunities for long-term careers. 🔹 Builds a steady flow of skilled professionals aligned with the bank's needs. 🔹 Bridges the skills gap by enriching the workforce with varied experiences and perspectives. This initiative proves that investing in people drives success. With 2 hiring periods in 2025 - March and September - the programme is ready to (re)start many more careers! 🚀
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💡 What makes Lithuania the next prime spot for data centres? With a mix of robust digital infrastructure, a supportive business environment and a highly skilled workforce, Lithuania is a solid location for data centres. But one key benefit really stands out – its forward-thinking sustainable energy strategy. And that strategy is growing with: ✅ Two 700-megawatt offshore wind farms in plans ✅ Onshore wind farms at Kelmė (300 MW) and Pagėgiai (264 MW) ✅ Solar parks at Molėtai (100 MW) and Anykščiai (65 MW) ✅ The EU’s largest battery storage facility, with a capacity of 200 MW. Lithuania has the infrastructure – and now it’s ready to make an even bigger impact. 🌏
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🌟 Commerzbank AG appoints Kestutis Bagdonavicius, (PhD) as the new Manager of its Representative Office in Lithuania! With a wealth of professional experience and a forward-looking vision, Kęstutis is set to lead Commerzbank's operations in the Baltics from the New Year into its next growth phase. As Commerzbank seeks to strengthen its presence in Lithuania, Latvia and Estonia. Kęstutis will drive local collaborations, enhance client relations, and ensure Commerzbank delivers value in the market. Congratulations and all the best on this exciting challenge, Kęstutis! 🚀
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🌟 How is SEB investing in talent? Tech League. The SEB Tech League is a transformative seven-month professional development program that shapes SEB's IT community. Over the past five years, nearly 100 talented professionals have joined this initiative. The goal? To prepare participants for leadership and advanced technical roles. And it pays off in big ways: ✅ Career Advancement: Alumni progress to impactful roles such as tech leads, solution architects, and team managers. ✅ Enhanced Expertise: Participants gain a deeper understanding of SEB's technical platforms and capabilities. ✅ Mentorship Culture: Graduates return to mentor future professionals, fostering a culture of continuous growth. One standout initiative born from Tech League is Learn@Lunch, a company-wide platform where SEB’s IT talents share their accomplishments, insights, and challenges. Growth begins with learning, and SEB Tech League proves that investing in people yields extraordinary results. 💡
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🌟 Karolina Gurinaite’s next chapter - a Key Account Executive! Karolina’s journey at Invest Lithuania has been marked by dedication, insight, and a clear vision for aftercare excellence. Her strategic proposals for industry growth and organizational development demonstrated the level she's at. More than just motivation, Karolina’s strong expertise through years of impactful work with IL makes her an excellent fit for this position. We are excited for Karolina and wish her success! 🚀
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🏆 The Global Lithuanian Leaders Awards celebrate notable contributions to Lithuania's growth and global standing. This year's "For Investments Attracted to Lithuania" category highlights three exceptional leaders: Elinga Kavaliauskiene, Head of Rocket Software Lithuania ✅ Expanded Rocket Software to nearly 200 employees while ✅ Her leadership and initiatives help to boost Lithuania's global visibility as a tech hub. Trevor Hanbury, Head of Cencora Lithuania ✅ Key to establishing Cencora's first global Center of Excellence in Lithuania, employing over 530 people. ✅ Trevor's advocacy has firmly embedded Lithuania in the company's global strategy. Sigitas Žvirblis, Managing Director of Intersurgical UAB ✅ Transformed Pabradė's economy with a 2,400+ employee manufacturing plant. Get to know them better here ▶️ https://lnkd.in/d7qZaZeK