15min.lt

Military reacts to G. Nausėda’s call to aid the NVSC: healthcare system had time to prepare for a second wave of the virus

While visiting the National Public Health Centre (NVSC) on Tuesday, President Gitanas Nausėda admitted that the situation in the institution is very poor and mentioned that not only volunteers could assist NVSC epidemiologists at call centres, but also the military could assist. However, the military responds that no one has requested such aid so far. Furthermore, according to it, the healthcare system had sufficient time to brace for a second wave of the coronavirus.

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Lonas continues to expand: new showroom to open in October

The Lithuanian mattress and bedroom-comforts manufacturer Lonas has announced that it will be continuing its expansion with the opening of its first showroom in Šiauliai. According to the company, this was spurred on by the residents of Šiauliai who continue to inquire online as to when a Lonas showroom will also open in their city. While the manufacturer’s showrooms have been successfully operating across six of the country’s largest cities, on October 23, Lonas’ first showroom will open at the Saulės Miestas shopping centre in the fourth largest Lithuanian city.

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US sanctions on Iran’s metal industry: why Lithuanian companies and financial institutions must be vigilant

Lithuanian companies operating in the metal industry, international trade and other sectors with direct and indirect business links to Iran‘s metal industry risk violating exterritorial US sanctions which may result in them being added to the US sanctions list. They are not the only ones to be vigilant – financial institutions in Lithuania that facilitate transactions related to Iran‘s metal industry may completely or partially lose access to the US financial system via correspondent accounts.

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Experts advise Lithuanian farmers to take advantage of rising grain prices

Adverse weather conditions in some European countries and Russian farms have delayed the sowing of winter crops. Although it is too early to draw any conclusions about the harvest next year, international grain markets are already responding to the situation by raising prices. Market experts are advising Lithuanian farmers to take advantage of higher prices.

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Kaunas Intermodal Terminal connected to the European rail network

The main work for the Rail Baltica project’s Kaunas-Palemonas strip has been completed with the laying of the final European standard gauge rails, and now Kaunas Intermodal Terminal has been directly linked to the European railway network.

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Merged Triniti Jurex to provide free consultation to COVID-19 affected companies in business disputes

The law firm Triniti Jurex finalized the merger and has become one of the largest law firms in Lithuania and the Baltic States in terms of the number of practising lawyers, uniting more than 70 professional lawyers. Triniti Jurex is growing into the largest dispute law firm in Lithuania, with 23 lawyers and assistant lawyers specialising in solving law disputes.

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Tomas Janeliūnas. Three myths about election forecasting

Just like after every election cycle, there is no lack of questions and even outrage on how sociologists and political scientists have misjudged or were mistaken when speaking of future Seimas election victors and losers. One of the most frequently posed questions is how the Freedom Party’s good performance and the Social Democrats’ fairly poor showing in the multi-mandate district were not predicted.

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Communication lessons from the Pandemic: how do we communicate in a new reality?

The pandemic has affected all areas of our lives: from home to work and interpersonal relationships. Naturally, communication must also adapt to this new reality – not just for brands, but also for companies and institutions like the European Union.

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From Vilnius to Kaunas by train in a mere half an hour

The most popular train route from in Lithuania connects Vilnius with Kaunas and is used by nearly 1 million passengers. When the Rail Baltic project is finished, the trip between the two largest cities of Lithuania will be twice shorter and will become the quickest way for both residents and guests of the cities to commute from one city to the other. The duration of the trip will become clear next year, when one of the four Kaunas-Vilnius alternatives of Rail Baltic is chosen.

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Darnu Group establishes Sustainable Initiative Support Fund

Darnu Group, one of Lithuania’s largest living, business, and leisure space developers, founded a Sustainable Initiative Support Fund. The company has allocated half a million euros for the fund’s first year of operation.

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Financial Times recognises Klaipeda FEZ for sustainability

The annual Free Zones of the Year ranking, conducted by fDi Intelligence, a foreign direct investment service by the Financial Times group, recognised Klaipeda FEZ for sustainability solutions offered by its management as well as other companies operating within the Zone. It is the first award of this kind in Lithuania.

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“Farmer” dream coalition: reining in a “spineless” V. Uspaskich and crushing the Conservatives

The Lithuanian Farmer and Greens Union’s (LVŽS) leaders are hopeful for a left-wing coalition despite how it wasn’t they who earned the most trust from voters and how in the second round of the Seimas elections, there will be far more right wing party candidates in the running. The “Farmers” are firmly attributing the Labour Party to the left despite its leader Viktor Uspaskich manoeuvring and saying that he would gladly also work in the opposition and also congratulates the Freedom Party with its success. Do the leftist powers seeking to form a coalition even need a “Labour” crutch? Perhaps the LVŽS’ desire to form a coalition is a pipe dream? What could the “Farmers” do in order to make it into a reality?

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Minsk-Vilnius relations continue to worsen: what changes will a new minister bring?

With the start of mass protests in Belarus, Lithuania took on a loud and clear position directed against Alexander Lukashenko. More than two months later, Lithuania’s proposals for resolving the crisis have not been heeded, new sanctions have been imposed and the number of diplomats has been reduced. The next head of the Lithuanian diplomatic corps who will replace Linas Linkevičius could soften the tone of conversation, but could we expect breakthroughs in policy?

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Ignitis Group borrows from NIB for Pomerania Wind Farm project

Nordic Investment Bank (NIB) agreed to lend up to PLN 150 million (approx. EUR 33.5 million) to Pomerania Wind Farm sp.z o.o., a subsidiary of Ignitis Renewables, which is part of Ignitis Group. This loan will be used for the development of Pomerania Wind Farm, with a total installed capacity of 94 MW.

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Following Swedbank's investment, the final size of the Practica Capital VC fund reaches EUR 28.5M

Practica Capital, a leading venture capital fund management company in Lithuania and the Baltic States, has successfully completed the final close of Practica Venture Capital II fund, reaching a total of €28.5M.

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Homeowner analysis: Lithuanians setting up homes are loyal to wood, but also seek more original solutions

When furnishing their dream home, seven out of ten Lithuanians would use parquet flooring in their residential quarters, but there are also those who would simply leave concrete floors as they are. More than two-thirds of those setting up their homes would paint their walls, while almost a quarter would cover them with wallpaper.

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A new commercial bank has launched operations in Lithuania: PayRay will strengthen its business services

PayRay, a Lithuanian financial sector company, has opened a new page in its business service activities. It has now begun operating as a bank and will soon start collecting deposits, as well as further focusing on developing capital financing solutions for businesses.

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The Minister of Foreign Affairs of Canada will be meeting with Tsikhanouskaya in Vilnius

During his official visit to Lithuania on Friday, October 16, the Honourable François-Philippe Champagne, Minister of Foreign Affairs of Canada will meet with Belarusian opposition leader Sviatlana Tsikhanouskaya.

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How are world-changing start-up ideas born?

Generating an idea, thinking over its implementation, and starting to resolve societal problems. This is what the hackathon format was used for more than 20 years ago in the IT world. Today, it is used as a means to quickly generate new solutions for resolving a variety of problems – and the best examples become multi-million euro start-up companies. The hackathon series initiated by the project Prisijungusi Lietuva - Startuoliai Keičiantys Visuomenę (Society-changing Start-ups) looks to encourage such success stories.

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KTU researcher from an internship at Yale: interviews with displaced people have made me rethink my personal experiences

Gintarė Venzlauskaitė, a researcher at KTU Faculty of Social Sciences, Arts and Humanities, who has recently obtained her PhD at the University of Glasgow, Scotland, today is already a thousand miles away. Dr Venzlauskaite is undertaking a four-month internship at one of the best in the world, Yale University in the US. A number of opportunities opened to Gintarė when she won the scholarship of Kazickas Family Foundation.

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