Society
Kaunas commemorating 150th anniversary of President Kazys Grinius
Kaunas is commemorating the 150th anniversary of Kazys Grinius, the last democratically elected president of the interwar Lithuanian Republic. […]
Year: 2016
CORPORATE
Achema small shareholders go to court over €150m buy-out
Small shareholders of Achema Group, Lithuania’s biggest fertilizer producer, have asked court to force the company to buy out their 25% stake in the company. The small shareholders, who have failed to agree with the […]
CORPORATE
Public’s tolerance for tax evasion in Lithuania is falling
The State Tax Inspectorate‘s (VMI) anonymous hotline, which has been operating for the past 10 years, has added €32 million to the state’s budget, and the number of calls it receives is growing every year, […]
CORPORATE
Klaipėda shipyard acquires biggest dock in the Baltics
Klaipėda-based AB Western Shipyard company group has acquired a floating dock to carry out repairs from the Montenegro company Adriatic Shipyard Bijela that will be the biggest in the Baltic States. “Acquisition of this dock […]
Sports
Lidl may have to suspend Sabonis ad campaign over Olympic charter
Lithuanian basketball legend Arvydas Sabonis, who is the president of the Lithuanian Basketball Federation, has been the face of the launch of German retail chain Lidl in the country – but that may prove a problem ahead of the Olympic Games. […]
Politics
Amendment to referendum law for dual citizenship rejected by Seimas
Reducing the requirements for a referendum on dual citizenship would violate Constitutional law and the constitutional principles of harmony, legal statehood and responsible governance, according to the Lithuanian parliament’s Committee on Legal Affairs. […]
CORPORATE
Danske Bank strikes largest lease transaction in Lithuanian market this year
Danske Bank has sealed an agreement to lease a 12,000 square metre business centre in Vilnius which is still under construction. It is the largest lease transaction in the Lithuanian market this year. Danske Bank […]
CORPORATE
Ambassadors from five states to participate in Baltic Pride 2016
Representatives from 12 foreign embassies, including five ambassadors will participate in the LGBT Baltic Pride parade which will take place in Vilnius on June 18. The chairman of the Lithuanian Gay League board Vladimir Simonko […]
Society
Lithuanian Roma integration project begins
The National Minorities Department has begun its Roma integration project. […]
Culture
Lithuanian director’s film nominated for European Film Award
“I’m Not from Here”, a film by Lithuanian director Giedrė Žickytė and Chilean director Maite Alberdi, has been nominated for the European Short Film 2016 Award. […]
CORPORATE
Radical reforms needed in Lithuania’s universities
Some Lithuanian universities spend 80% of government funding on administration rather than on students – a simple reform would be to link government funding to student numbers but according to leading experts, this is just one of the areas that needs to be tackled if the country is to develop a competitive education system. […]
Sports
Expanded list for 2016 national Lithuanian basketball team published by FIBA
FIBA has published an expanded list of Lithuanian basketball player candidates for the Olympics – despite Lithuanian national team coach Jonas Kazlauskas‘ promise that he would only publish the list after the Lithuanian Basketball League (LKL) finals. […]
Uncategorized
‘Incident’ at Belarus’ nuclear plant – Lithuanian security services
The Lithuanian State Security Department (VSD) suspects that another incident occurred last week at a nuclear power plant that Belarus is building in Astravyets, just 50 kilometres from Vilnius. […]
Uncategorized
Kremlin official urges action on behalf of “oppressed” Russians in former Soviet republics
Speaking in Russian-occupied Crimea, Federation Council Speaker Valentina Matviyenko on Friday gave the clearest sign yet that the Kremlin plans to expand its efforts to mobilize Russians and Russian speakers in the former Soviet republics and Baltic states, people she says are loyal to their new countries but remain Russian compatriots. […]
Economy
Nordic bubble ‘a hazard’ to Lithuanian banking
While banks in Lithuania are resilient enough to possible shocks in the financial markets, a possible burst of the real estate bubble in Scandinavia presents a potential hazard, according to Lithuania’s central bank. […]
Society
Defence
US general says NATO must take initiative in Baltic
During a press conference in Vilnius, Ben Hodges, the commanding general of the US Army in Europe, said that the US and other NATO countries were tired of responding to unexpected moves from Russia and that they would have to take the initiative. […]
Politics
Lithuanian president to focus on defence and social security in state of the nation address
Lithuania’s President Dalia Grybauskaitė says increasing the country’s defence capacities and strengthening social security are the key tasks for her second year of the presidential term. […]
Society
Gay spouses continue to fight Lithuanian migration authorities
A married gay couple continues to fight Lithuanian migration authorities that refuse to grant one of the male spouses residency permit. […]
CORPORATE
New proposal sees tax rise for small business
Proposals considered by the Lithuanian Parliament would raise social insurance contributions that small businesses have to pay into the system and expand benefits for parents. The parliamentary Social Affairs Committee has endorsed a proposal to […]