Investors’ Forum News

Social media giants have been infiltrating the payments market, with big players like Facebook offering users payment services outside of the platform. While this development might signal change in the payments field, Simas Simanauskas, Head of Payments at ConnectPay, says that social media platforms would have to overcome a lot of challenges, like meeting regulatory requirements, until they can establish a strong foothold in the market. 

Vilnius, Lithuania— May 6 — Philip Morris International Inc. (PMI) (NYSE: PM) announced that Jacek Olczak was appointed CEO following the company’s 2021 Annual Shareholders Meeting on May 5. Mr. Olczak—most recently the company’s Chief Operating Officer—was also elected to the Board of Directors. André Calantzopoulos, who served as PMI’s Chief Executive Officer, was appointed Executive Chairman of the Board prior to the meeting.

The application process for the annual Investors’ Forum Awards has now officially begun. Investors’ Forum Awards recognize and reward organizations and people who have significantly contributed to the improvement of the Lithuanian business environment and investment climate.
We kindly invite you to nominate the companies, institutions and individuals for their significant achievements in the following categories until the 7th of May.

To control the spread of coronavirus (COVID-19), the Government decided to declare quarantine on the entire territory of the Republic of Lithuania. The quarantine regime shall be effective from 16 March 2020, 00:00, until 30 March 2020, 24:00.

Annual activity report to highlight the main activities, proposals, members, accounts of Investors’ Forum.

The Deloitte Technology Fast 50 in Central Europe is a programme that recognises and profiles the fast growing technology companies in the region. The Programme, which is now in its 20th year, ranks the 50 fastest growing public or private technology companies.