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Ukrainian employees in Lithuania pay EUR 40mn in taxes in 2022

More than 22,000 Ukrainians have been employed in Lithuania since the war broke out, with their taxes estimated to total about EUR 40 million last year, the Ministry of Social Security and Labour said.

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Lithuanian MP calls for barring Russian, Belarusian athletes from Paris Olympics

Liberal MP Raimundas Lopata has asked the Lithuanian National Olympic Committee (LTOK) to make every effort at internati...

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EC to present plan of untying electricity price from gas in March – Lithuanian commissioner

The EU electricity market reform aimed at untying the electricity price from the price of gas will be presented in March...

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Sakharov prize laureate ‘Tayra’ Payevska: it is third world war

Yuliia ‘Taira’ Payevska, a paramedic and Sakharov Prize laureate freed from Russian captivity, calls the Russian invasion of Ukraine the third world war.

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Lithuania sends anti-drone equipment, power generators and warm clothes to Ukraine

The State Border Guard Service of Lithuania (VSAT) on Friday sent to Ukraine unmanned aerial vehicle (UAV) blocking equipment, power generators, warm clothes and non-contact thermometers. These items were requested by Ukrainian border guards and are transported by three minibuses.

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Foreign Minister: fight against racism and fascism continues every day

On 27 January, together with the whole world, Lithuania commemorates International Holocaust Remembrance Day and pays sincere respects to the millions of Jews who lost their lives in the Holocaust during World War II, including two hundred thousand Lithuanian citizens, reports the Ministry of Foreign Affairs.

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‘Some have been missing for months’: Volunteers fear for migrants’ lives at Lithuanian border

Sienos Grupė (Border Group), an organisation providing assistance to irregular migrants, says it has information of seve...

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St Christopher Awards handed out in Vilnius

The 25th St Christopher Awards ceremony late Wednesday honoured a total of 11 nominees, including six for their assistance to both the fighting Ukraine and to Ukrainians who had found refuge in Vilnius.

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Yanis Varoufakis. Is Europe Deindustrializing?

European industry is reeling under the twin threat of high energy prices and President Joe Biden’s Inflation Reduction Act (IRA) which, in essence, bribes Europe’s green industries to migrate to the United States. Are Europe’s industrial heartlands about to become rustbelts? Will Germany experience the trauma that Britain suffered as its factories closed, compelling its high-skilled manufacturing-based labor force to accept low-skill, low-productivity, low-wage jobs?

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Russia doubled LPG exports to Baltics in 2022 – media

Russia more than doubled its sales of liquefied petroleum gas (LPG) to the Baltic states in 2022 despite their strong co...

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Food prices in Lithuania: first to rise, first to start falling?

While food prices have been rising in almost all eurozone countries, Lithuania has experienced the biggest increase. Foo...

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Repsense, reputation measurement startup, attracts EUR 0.5mn

Lithuanian-founded data analysis company Repsense, which introduced the first automated online reputation measurement model at the end of last year, has raised EUR 0.5 million for further product development and international expansion, Innovation Agency Lithuania said, referring to a news report on the portal vz.lt.

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Eighteen migrants tried to cross into Lithuania from Belarus illegally

On 26 January, a total of 18 persons aiming to cross into Lithuania from Belarus illegally were turned away, the State Border Guard Service (VSAT) said on Friday.

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Prime minister pays tribute to victims of Holocaust

On Friday, International Holocaust Remembrance Day, Prime Minister Ingrida Šimonytė paid tribute to the victims of the genocide of the Jews that had been carried out in World War Two.

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LTG Infra announces new design tenders for Rail Baltica

LTG Infra, the company implementing the Rail Baltica project in Lithuania, has announced a tender for the infrastructure of the Kaunas passenger station territory and is about to call for tenders for the design of railway infrastructure of regional stations in Kaišiadorys and Vievis in coming days, the Ministry of Transport and Communications said in a press release.

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  • Yanis Varoufakis. Is Europe Deindustrializing?

    January 27th

    European industry is reeling under the twin threat of high energy prices and President Joe Biden’s Inflation Reduction Act (IRA) which, in essence, bribes Europe’s green industries to migrate to the United States. Are Europe’s industrial heartlands about to become rustbelts? Will Germany experience the trauma that Britain suffered as its factories closed, compelling its high-skilled manufacturing-based labor force to accept low-skill, low-productivity, low-wage jobs?

    Read More

  • Repsense, reputation measurement startup, attracts EUR 0.5mn

    January 27th

    Lithuanian-founded data analysis company Repsense, which introduced the first automated online reputation measurement model at the end of last year, has raised EUR 0.5 million for further product development and international expansion, Innovation Agency Lithuania said, referring to a news report on the portal vz.lt.

    Read More

  • LTG Infra announces new design tenders for Rail Baltica

    January 27th

    LTG Infra, the company implementing the Rail Baltica project in Lithuania, has announced a tender for the infrastructure of the Kaunas passenger station territory and is about to call for tenders for the design of railway infrastructure of regional stations in Kaišiadorys and Vievis in coming days, the Ministry of Transport and Communications said in a press release.

    Read More

  • Estonian regtech startup Salv raises EUR 4mn to combat financial crimes

    January 26th

    Estonian regtech firm Salv has secured EUR 4 million in a seed funding round extension to combat financial crimes. The funding round was led by New York-based venture capital firm ffVC and participated by German G+D Ventures and existing investors. To date, Salv has raised EUR 7 million in venture capital investments, reports the Estonian Investment Agency (EIA).

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  • Šiaulių bankas has acquired own shares

    January 26th

    On 25-26 January, Šiaulių bankas AB purchased own shares on the Tender Offer Market of Nasdaq Vilnius AB, the bank reports.

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  • TV3 Group to acquire M-1 radio stations

    January 25th

    TV3 Group, a media company group, has signed an agreement on the acquisition of radio stations owned by M-1.

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  • Border guards seize cigarettes smuggled from Belarus worth EUR 600,000

    January 25th

    Last week, Lithuanian border guards at Stasylų railway station, southeastern Lithuania, seized two shipments of smuggled goods, nearly 160,000 packs of cigarettes whose market value exceeds EUR 600,000.

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  • Gas consumption in Lithuania down by over a third in 2022

    January 25th

    In 2022, Lithuania’s gas consumption stood at 15.6 terawatt-hours (TWh), a decrease of 35% if compared to 2021, when the country’s gas demand reached 24 TWh, Amber Grid, the operator of the gas transmission system, said in a press release.

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  • A2 Vilnius-Panevėžys motorway closed at 40th km

    January 25th

    The A2 Vilnius-Panevėžys motorway has been closed Wednesday morning in the direction of Panevėžys at the 40th kilometre (Širvintai district) following a major road accident, the Traffic Information Centre said.

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  • Hanner plans up to 700 new flats in Vilnius this year

    January 24th

    Hanner, one of the real estate development leaders in Lithuania, has announced its investment plans in the country totalling at least EUR 68 million this year.

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