NFQ Technologies targets 45% revenue growth this year

German-Lithuanian software developer NFQ Technologies’ revenue reached 19.5 million euros last year as its team grew to 450 employees in Lithuania and Poland. This year the company plans to grow even more on the back of recovering aviation and travel markets, a golden age in logistics and e-commerce, and fruitful strategic partnerships with major European startups.



Help Ukrainian children in need: donate to the “Helping Wing” international charity fund

The Ukrainians who are fighting this war and the children left orphaned there need your support. We invite you to donate to the “Helping Wing” international charity fund. The fund has already sent three convoys with humanitarian support to Ukraine and has rescued around 150 people by taking them to Poland and Lithuania. The fourth convoy is on its way to Ukraine. And we won`t stop supporting people in need, so your contribution matters.



“Revenge travel” and how property owners can take advantage

Canceled flights, trips that fell through, quarantine. After the first COVID-19 wave hit the world, some people felt as though 2020 and early 2021 had been stolen from their lives. But as vaccination rates rose, within just a few months the travel industry recovered, and among travel-hungry people the concept of “revenge travel” has become popular. It shows in a study conducted by HomeToGo.



E-commerce trends and how to stay on top of them

To survive the pandemic, businesses packed up their goods and services and moved online in seven-mile steps. There, amid fast-growing competition, they are doing all they can to get customers’ attention. Tadas Četkauskas, Head of Business Development at NFQ, and Jurgis Gylys, Head of Business Digitalization at the provider of strategic and technological solutions for businesses aiming to grow, talk about this year’s most prominent trends and how to stay on top of them.



Paulius Insoda: Lithuania’s chances in the unicorn race

Lithuania, with one real and two unofficial tech unicorns, is statistically on a par with countries like Ireland, Belgium and Estonia. But appetite comes with eating, as they say, and the factors that ensure good conditions for startups are also relevant for many other technology businesses. After this fall launching a unicorn which we had taken care of from day one, in an IPO on the Frankfurt Stock Exchange, we would like to share our company’s perspective on Lithuania's ability to raise unicorns.