One of the main countries where Lithuania exports its IT knowledge and products is Germany. Germans choose Lithuanian companies as their partners quite often, and there are reasons for that. Let’s have a look at 3 main things to know about the Lithuanian IT sector.
1/5 of the total Lithuanian exports of domestically produced goods are manufactured by the traditional engineering sector and Lithuanian products are exported all over the world. As Lithuania is becoming even stronger in the IT and engineering industries, it is expected to see even more Lithuanian products all around the world. So far, the most commonly exported products from the country are electronic machinery and equipment, plastic products, products of iron and steel, machinery and mechanical appliances, which are all in growing demand right now, as the move to Industry 4.0 is now trending. Lithuania is doing really well at implementing the new industrial standards and there are a few things Germany could learn from Lithuania when it comes to the implementation of technology, so let’s have a look at a few of them.
The new industrial revolution often called Industry 4.0 sets a new standard for countries, and it seems like Lithuania is prepared quite well. What about Germany? Even though it’s one of the industrial leaders of the world, there are some things where Germany is still lacking. Let’s have a look at things that Germany could learn from Lithuania while making Industry 4.0 a standard of today instead of a standard of the future.
In the first episode of Lithuanian Brands: Best Practice the marketing expert from the United Kingdom dr. Darren Coleman talks to the representative of Lithuanian Government about the strategy for presenting Lithuania abroad and how it was developed.
Cargo stream, a Lithuanian company that has established and developed a digital logistics management system, is expanding in Europe – a joint venture with French investors is being set up in Dunkirk, France. Such a strategic move will allow this company to combine freight forwarders, carriers, and freight customers with the port and maritime lines.
Ingrida Olendraitė, a doctoral student at Cambridge University, an alumnus of Vilnius University, had little expectations that her meeting with an old acquaintance during Life Sciences Baltics will evolve to an international project together with the greatest minds in the field of virus research.
