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Data Center Development Expert: Lithuania Has Potential, but the Problem Is Electricity Prices

Summary by vz.lt
Rachid Arabi, Vice President for Europe and the UK at Uptime Institute, says Lithuania has real potential to become a major digital hub in Europe – not only due to its growing infrastructure, but also due to its cooler climate. According to him, countries that build a robust digital base can attract more investment and technology companies, which in the long run allows them to take a more important place in Europe’s digital economy. However, thi…
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Rachid Arabi, Vice President for Europe and the UK at Uptime Institute, says Lithuania has real potential to become a major digital hub in Europe – not only due to its growing infrastructure, but also due to its cooler climate. According to him, countries that build a robust digital base can attract more investment and technology companies, which in the long run allows them to take a more important place in Europe’s digital economy. However, thi…

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vz.lt broke the news in on Monday, June 9, 2025.
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