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Danes to invest over EUR 11 M into R&D centre

The Danish company Danspin is investing more than EUR 11 million in a spinning factory for carpet yarn in the Lithuanian town of Raseiniai. In addition to creating 200 new jobs at the factory, a centre for research and experimental development will be established. In its turn, the Lithuanian Ministry of Economy has granted almost 1.5 million to this project.

IBM’s new nanotechnology centre will collaborate with Lithuanian scientists

This week IBM and Swiss Federal Institute of Technology of Zurich (ETH Zurich), a premiere European science and engineering university, hosted more than 600 guests from industry, academia and government, to open the Binnig and Rohrer Nanotechnology Center, located on the campus of IBM Research – Zurich (Switzerland). The facility is the centerpiece of a 10-year strategic partnership in nanoscience between IBM and ETH Zurich where scientists will research novel nanoscale structures and devices to advance energy and information technologies.

"fDi Intelligence“: Lithuania – example of FDI attraction

Lithuania is a country that is an example of the successful foreign direct investment (FDI) attraction. This has been announced in the annual review "Global FDI Outlook Report 2011” by the European Bank for Reconstruction and Development prepared in cooperation with the fDi Intelligence of The Financial Times.