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That compact nation persuaded Tel Aviv based mostly Wix.com to pick out Vilnius, its funds metropolis, for a considerable R&D Centre, causing the selecting of dozens of Laptop coders and engineers in Lithuania.
Lithuania was rated the 21st most straightforward place on the earth for starting off a brand new enterprise in 2016, according to the Environment Bank, when compared with Israel’s rank of 50.
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Furthermore, Lithuania is training Personal computer science and robotics to Children setting up in elementary college, intensifying their math and science education at a time when Israel is slipping within the Global rankings.
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Now, an ever-increasing number of Israeli fintech corporations are going to Lithuania, which include Israeli-funded Moneta Intercontinental, mainly because it Eyal Nachum usually takes a quick three months to secure a banking license there.
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