TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European branch in Vilnius, Lithuania. The company, whose customer base includes global enterprise leaders in high-technology, finance, defence, cyber, telco and other areas, plans to hire several dozen local specialists. The Vilnius office will be responsible for software development, professional services and regional support, a press release from Invest Lithuania states.
The popular French fashion brand „Gémo“ entered the Baltic States - the first regional store was opened at the shopping center „Galleria Riga“, managed by the real estate company „BPT Real Estate“. According to brand representatives, „Gémo“ will enter Lithuania soon - the opening of the first store in the country is already scheduled in 2019. 
In recent years, Lithuania has seen a large influx of foreign investors. Whereas Vilnius and Kaunas remain the focal points, companies are slowly discovering that Lithuania has much more to offer. Formula Air, the oldest Dutch investor in Lithuania, discovered this a long time ago and is rapidly expanding its success story in Šiauliai, a press release from the investor states. 
Less talked about Kaunas startup world is experiencing a breakthrough. Products developed in city’s incubators receive recognition across Lithuania and abroad and experts praise startups’ “fearlessness” and “innovativeness.” 
Hungarian President Janos Ader said on Tuesday that his country might consider buying liquefied gas from northern Europe, including Lithuania. 
Studies show that, on average, 65% of internet users have experienced some kind of an online threat. Most common types of threat include unwanted messengers from strangers, false messages, offensive communication, unwanted sexual messages, or deliberate provocation. Bank of Lithuania continues building supportive regulatory framework
Financial market participants actively participated in the initiative of the Bank of Lithuania regarding the improvement of regulatory environment – the Supervision Service received more than a 100 proposals.
