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Award marks Altechna's success in export markets


Altechna, a portfolio company of a growth fund LitCapital, received an award for achievements in export markets in an annual award ceremony hosted by the Ministry of Economy of the Republic of Lithuania. Altechna gets majority of its revenues from exports and sales in international markets have been growing at double digit rates annually in recent years.


Multicultural workforce fuels Eldes’ sales and growth


Eldes, a Vilnius based company specializing in the design and production of security systems, believes that company’s growth goals can be achieved only with truly international and multicultural pool of talents. The company employs specialists from Brasil, Puerto Rico, Colombia, Bolivia, Australia, Turkey and many other countries.


European Union funding or investments?


Historically, EU structural funds have been distributed as a non-repayable funding. However, it has changed and now funds are aimed at financial instruments more.


Investment funds support business growth in Lithuania


A number of Lithuanian companies operating in various industries such as high tech, services, manufacturing, energy and other have already attracted funding from local venture capital and private equity funds. In addition to providing capital for already established businesses, funds also have backed many young companies such as Brolis Semiconductors.


LitCapital portfolio company Eldes on a growth track – office in UK opened


Eldes, a producer of GSM remote control, security, ‘smart home’ systems and solutions, continues its international expansion. The company has opened a subsidiary in the UK. Company’s management are convinced that being close to clients will help to provide better service and boost revenues significantly.


LitCapital portfolio company Altechna organized laser workshop for students


Altechna, LitCapital portfolio company, is the leading producer and supplier of laser optics, optoelectronics and laser components in Lithuania. With Altechna Laser Workshop traineeship program for students, Altechna aims to establish a solid dialog with potential specialists.


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