Lithuania needs to increase the borrowing capacity of its municipalities for public investment to bring in as much benefit for the country's economy as possible, the Organization for Co-cooperation and Development says.
February272021
February272021
Smart waste collection systems, advanced street lighting, mobile applications informing on the traffic are just a few examples of technologies for a smart city. Every year, consumption and pollution rates go up people living in urban areas are experiencing parking and traffic problems, therefore the demand for technology and science-based solutions in cities increasing. Kaunas City Municipality aiming to improve the life and well-being of citizens involved KTU students into solving real challenges the city faces.
February262021
Avia Solutions Group, an aviation business group, says it is disappointed with the recent decision by the Lithuanian government's commission vetting deals important to national security to block its investment at Vilnius Airport due to potential threat to national security, calling it a with hunt.
February252021
A fertility clinic operating in Lithuania's three largest cities is suspected of having hidden revenue worth around 1 million euros.
February242021
Some 169 people have turned to Lithuania's police over the theft of their personal information from CityBee, a car-sharing service, Arunas Paulauskas, a deputy chief police commissioner, says, adding that there's no data so far on any attempt to use the information to carry out criminal acts.
February202021
Pandemic-related restrictions pushed revenue and the number of spectators of Lithuanian cinemas down almost three times, according to the latest figures from the Lithuanian Film Centr
February182021
Lithuanian Airports have announced that the medical testing company „Rezus.lt“ has won a public tender to provide Coronavirus testing services at the country’s airports. Coronavirus testing is scheduled to begin near Vilnius Airport by the end of February, and by April – at Kaunas and Palanga airports.
February172021
The hacker who has recently leaked data of 110,000 Lithuanian-registered users of the car-sharing service CityBee says the company’s security measures were poor, adding that he has no more data.
February162021
Avia Solutions Group, an aviation business group, has asked Lithuania's government for permission to reconstruct a hangar at Vilnius Airport where aircraft are serviced and repaired.
February152021
International rating agency Moody’s has improved Lithuania's long-term credit rating to A2, from A3, with a stable outlook after six years, and Standard & Poor’s has affirmed the existing rating of A+, from A, with a stable outlook.
February142021
More than half of Lithuanian residents believe the economic situation in the country will worsen over the upcoming year, a new survey showed on Friday.
February102021
Russia resumed its transit of natural gas to the Kaliningrad region via Lithuania on Tuesday night, according to the latest data on Lithuania's gas transmission system operator Amber Grid's website.
February092021
The Lithuanian government is currently discussing an alternative method of coronavirus testing that could be applied in large companies, Prime Minister Ingrida Simonyte said on Tuesday.
February082021
The Lithuanian Cabinet on Monday approved in principle a plan allowing some non-food shops and hairdressers to reopen next Monday, but will make a final decision on Wednesday.
February082021
Nord Security, Biomapas, Satalia, NFQ and other tech leaders are coming together to help train Data Scientists that will be company-ready in just 6 months. For Turing College, the Data Science career school behind this new method, an expanding circle of suitable industry partners is of high strategic importance for growing the next generation of highly sought-after Data Scientists.
February052021
Traders agree to a gradual easing of the existing restrictions, Ruta Vainiene, director of the Association of Lithuanian Trade Enterprises, says, adding that those having direct access from the outside and able to restrict their trading space to 2,000 square meters could go first.
February032021
The government's decision to delay the reopening of non-food shops is at odds with reality and logic, the director of the Lithuanian Association of Trade Companies said on Wednesday, noting that part of the closed businesses is starting to work illegally.
February022021
Revolut, the global financial app, this week confirmed its move towards permanent flexible working, supported by an innovative RevLab real estate strategy to repurpose all its offices as flexible collaborative spaces. The company is enabling the vast majority of its 2,000+ employees to choose when and how often they would like to work from home or visit the workplace. The new RevLabs will have around 70% of the space devoted to collaboration and teamwork in response to employees’ feedback.
February012021
A proposal will be presented to the government to allow ski runs to operate in Lithuania, the country's Interior Minister Agne Bilotaite says.
January312021
Thermo Fisher Scientific Baltics, the Lithuanian branch of the US-based medical and scientific equipment manufacturer Thermo Fisher Scientific, is opening a new production building in Vilnius on Friday.