Your Weekly News from Lithuania

Your Weekly News from Lithuania | May 14

May 17 2021

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Lithuania’s Foreign Minister Gabrielius Landsbergis: Lithuania to allocate 200, 000 vaccine doses to eastern partners

SCIENCE & TECHNOLOGY

Female leaders in tech encourage to look at certain role models

In the EU, only 17% of all employees in information and communications technology (ICT) are female specialists. The senior roles in leading ICT companies are often taken by male professionals too. However, the current job market trends may signalise an upcoming change: more and more women are interested in technology and engineering. Some of them start considering this career path at school whereas others tend to change their ongoing careers due to better prospects.

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POLITICS

Lithuania’s Foreign Minister Gabrielius Landsbergis: Modern threats do not recognise borders, so our response must be international, comprehensive and determined

The Minister of Foreign Affairs of Lithuania Gabrielius Landsbergis took part in the NATO Strategic Communications Centre of Excellence Riga's online event “Riga StratCom Dialogue 2021" and delivered a keynote speech during a discussion on deterrence strategy in the face of contemporary threats.

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INVESTMENTS

Halo.rent Raises £1.25m To Digitize Home Rental Process

Halo.rent, a prop-tech startup from the UK, announces the launch of its tenant engagement platform that streamlines the entire rental onboarding process and offers additional services to tenants and landlords during the tenancy. The company has raised a £1.25m pre-seed round from angel investors and the European Commission. The platform is now open to the public, following field testing with leading UK property managers.

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STARTUP

Second-hand fashion startup Vinted raises 250 mln euros from investors

Vinted, an online venue for people to buy and sell second-hand clothes, said on Wednesday it had raised 250 million euros ($303 million) from investors and would invest proceeds in expanding its operations in Europe and beyond.

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GLOBAL LITHUANIA

Kitesurfing World Champions: from Lithuania to the South African Republic

Kitesurfing professionals – Gabrielė Pioraitė, Maarten Haeger and Mike McDonald – unanimously claim to have found the key to their happiness. Their life passion is kitesurfing.

The woman whose efforts led to the Lithuanian flag flying in the kitesurfing championships is Gabrielė Pioraitė.

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FINTECH

Fintech Company from Lithuania among the Best Ten Software Developers Worldwide

Creditonline, a Lithuanian-capital fintech company, which develops and provides software solutions to leading market participants, has gained international recognition. The GoodFirms platform has been ranked Creditonline 9th in the global lender software segment. To date, no fintech company from the Baltic countries has been included in the list.

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