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February202019

Kaziuko mugė: 416 years of history alive in the streets of Vilnius

Kaziuko mugė: 416 years of history alive in the streets of Vilnius It’s not with the first flowers, the returning of birds, or the warmer temperatures that spring starts in Vilnius – Kaziukas Fair (Kaziuko mugė) marks its beginning on 1-3 March. Filled with songs, crafts, and scrumptious food, the city’s oldest and largest fair is an experience to remember. Taking over the streets of the Old Town, the fair cherishes some of Vilnius’ ancient traditions while also embracing modern ones, making for an adventure that is both dynamic and unique. From culinary heritage and innovative food experiments, traditional performances and modern entertainment, to archaic crafts and contemporary design pieces – there’s so much to explore.

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February202019

Two plus two is not necessarily four: German policy towards the Visegrád countries

Two plus two is not necessarily four: German policy towards the Visegrád countries Until 2015, very few people had heard of the term “Visegrád Group” in Germany, let alone had a sense about its purpose. At that time the group – also called “V4” after its four member states Poland, the Czech Republic, Slovakia and Hungary – saw its main task in the coordination and exchange of information, national positions, as well as cooperation on „soft“ projects such as infrastructure.

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February202019

Architects from all over the world invited to Vilnius to design National Concert Hall

Architects from all over the world invited to Vilnius to design National Concert Hall An international architectural idea competition for the National Concert Hall has been launched. Architects from all over the world are invited to design one of the most important future spaces in the capital city of Lithuania and to submit their proposals to Vilnius City Municipality, Go Vilnius informed.

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February202019

Lithuanian army acquires Javelin anti-tank missiles for 20 mln USD

Lithuanian army acquires Javelin anti-tank missiles for 20 mln USD The Lithuanian Army has acquired U.S.-made Javelin anti-tank missiles worth 20 million U.S. dollars, the country's Defense Ministry announced on February 19.

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February202019

Lithuania, Poland to sign new deals on defense cooperation

Lithuania, Poland to sign new deals on defense cooperation New Lithuanian-Polish agreements on defense will be signed during Lithuanian president Dalia Grybauskaitė visit to Poland this week, Grybauskaitė's chief foreign policy adviser Nerijus Aleksiejūnas said Tuesday.

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February202019

German defence minister: We will stay in Lithuania as long as WE want

… produced models. The Lithuanian army is also buying from … Bundeswehr, which is training Lithuanian soldiers to operate the tank … by Commander of the Lithuanian land force brigadier general Valdemaras … are back and Lithuanians are again welcoming them with …

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February192019

German defence minister: We will stay in Lithuania as long a

… produced models. The Lithuanian army is also buying from … Bundeswehr, which is training Lithuanian soldiers to operate the tank … by Commander of the Lithuanian land force brigadier general Valdemaras … are back and Lithuanians are again welcoming them with …

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February192019

Envoy: Azerbaijan will continue to be Lithuania’s important partner

… continue to be Lithuania’s important partner, said Lithuanian Ambassador to … restoration of state independence of Lithuania. "Lithuania and Azerbaijan maintain close … particular importance to relations with Lithuania. "Lithuania was one of the …

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February192019

Lithuania: ENTSO-E provides good assessment of Baltic synchronization progress

… (ENTSO-E) has concluded, Lithuania';s Vice Minister for … Egidijus Purlys told BNS Lithuania on Tuesday. Having attended … a similar test earlier. Lithuania';s power system operator … continental Europe via the existing Lithuanian-Polish power link, LitPol Link …

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February192019

Bank of Lithuania starts publishing more data on lending to Lithuanian non-financial corporations and households

The Bank of Lithuania begins publishing quarterly data on corporations engaged in lending. The data will cover the period from the first quarter of 2015. Corporations engaged in lending belong to the other financial intermediaries sector and...

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February192019

Valoe Starts Its Own IBC Solar Cell Production In Lithuania

… IBC SOLAR CELL PRODUCTION IN LITHUANIA. THE COMPANY ACQUIRED SOLITEK… WPE.AGREED TO ACQUIRE FROM LITHUANIAN GLOBAL BOD GROUP SIA … DEMERGED INTO A NEW LITHUANIAN COMPANY.NEW SUBSIDIARY TO … BE ESTABLISHED IN LITHUANIA WILL ACQUIRE AT COMPLETION …

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February192019

Cryptocurrency platform Blockchain opens office in Vilnius

… Blockchain opened an office in Vilnius on Tuesday, with plans to … cities across Europe, Blockchain chose Vilnius because it found "mature … York and San Francisco.  The Vilnius office will be its fifth …

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February192019

Bite Lithuania names brand communication manager

Mobile operator Bite Lithuania has appointed Ieva Talaikiene the …

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February192019

Tele2 Lithuania claims lead in average LTE speed

Mobile operator Tele2 Lithuania announced that the average broadband … the highest speed among Lithuanian mobile operators.  Tele2 Lithuania invested EUR 10 …

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February192019

The Netherlands' Factris setting up specialized bank in Lithuania

… and investment plans in Lithuania after merging its operations … activities in the Lithuanian market. Factris' Lithuanian team is already … in the 18 months, Lithuania';s investment-promoting … initially attracted by Lithuania because of country’s great …

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  • No Good End in Sight: The Crumbling Iran Nuclear Deal

    February 18th

    In May of 2018, United States President Donald Trump unilaterally withdrew from the Joint Comprehensive Plan of Action (JCPOA), colloquially known as the Iran nuclear deal. This deal was one of Barack Obama’s biggest achievements in international politics, with many experts and policy actors widely endorsing and backing the agreement. Thus, Trump’s decision, although not totally unexpected, was met with disapproval not only in Iran, but also by other parties to the agreement, including Germany, U.K, France, Russia, and China. The U.S. withdrawal raises a lot of questions about the future of Iran, nuclear non-proliferation, as well as regional and international security.

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  • Flight number in January increases by 3.8%

    February 18th

    In January 2019, the number of flights in the Lithuanian airspace handled by air traffic controllers made up 19 thousand, i.e. increased by 3.8 per cent, compared to the same period last year. Overflights accounted for three fourths (14.3 thousand) of the total flight number, and compared to the same period last year, their number increased by 3.4 per cent.

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  • Fintech company Factris announces expansion and investment plans in Lithuania

    February 18th

    Factris, the Amsterdam-based provider of factoring services has merged its operations with Lithuanian Fintech company Debifo. Factris intends to scale its development team and operations in Lithuania to accelerate the development of its factoring platform and execute on its ambition to become the Pan-European leader of working capital solutions for SMEs.

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  • Lithuania still has room for improvement in terms of recycling

    February 18th

    The fast growth of human consumption is the main cause of decreasing land resources and its pollution. Yet, our habits are not friendly to the environment. Quite often we do not consider recycling to be one of the fundamental activities which can help each and every one of us make a contribution to the environmental protection and reduction of pollution.

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  • Processing of industrial hemp: an additional value of 100-300 m EUR for Lithuanian economy

    February 18th

    Lithuanian Farmers‘ Union (Lietuvos ūkininkų sąjunga, LŪS) is encouraging country‘s politicians to pass necessary legislation in order to fully legalize the processing of the industrial hemp. This decision would turn the cultivation and processing of the industrial hemp into a promising agribusiness sector, capable of creating a solid additional value to Lithuanian economy.

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