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Economy

Baltic States seek a single regional assessment

Ministers of finance of Lithuania, Latvia and Estonia, the European Commission and NASDAQ appealed to the global provider of equity indexes MSCI for a possibility of assessing the Baltic states not individually, but as a single region in using an industry classification system. The aim is to start a debate with MSCI for a possibility of improving the equity index of the countries. The appeal to MSCI has been initiated together with European Bank for Reconstruction and Development (EBRD). MSCI is one of the most important forefront index constructors, whose indexes are followed by the largest global investors, a press release from the Lithuanian Finance Ministry states. […]

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Society

Gender equality is human right, and it is great for society. Let’s listen to Norwegians

Even though Lithuania has achieved a lot in gender equality, it is still a long way to go, especially if we compare ourselves to Norway. Hence, it is always great to listen to opinions of the specialists, who were instrumental in implementing gender equality in Norway. This great opportunity will present itself this Wednesday, November 21. The Embassy of Norway and the Norwegian-Lithuanian Chamber of Commerce in cooperation with the Seimas of the Republic of Lithuania have initiated an international conference “Passport to Success: Empowering Women to Lead”. The event will take place at the Seimas premises. […]

Economy

LMT presents three digital service innovations at Baltic Mobile Congress

LMT (Latvian Mobile Telephone) is the telecommunications market leader in Latvia and a digital service provider of several mobile technologies worldwide. Three of these innovations are present at the Baltic Mobile Congress – the ISOA forest fire monitoring solution, the EDLUS employee attendance tracking service, and assembly line tracking powered by computer vision, a press release from LMT states. […]

Defence

Lithuanian PM to meet NATO chief over additional support

Lithuanian Prime Minister Saulius Skvernelis is to meet NATO Secretary General Jens Stoltenberg next week to discuss possible deployment of additional allied capabilities in Lithuania, local media reported on Thursday. […]

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Foreign affairs

At A. Guoga’s initiative, 27 MEPs urge Amazon Inc. to halt sales of Soviet symbols

At the initiative of MEP Antanas Guoga, 27 MEPs have called on the CEO of Amazon Inc. Jeff Bezos in an open letter, urging to cease sale of goods featuring Soviet symbols on the Amazon online shopping platform. The appeal was signed by MEPs from Lithuania, Poland, the Netherlands, Germany, Croatia, Latvia, the UK, Slovakia, Estonia, Finland, Portugal, Hungary and Spain, who represent the main political groups. […]

Cyber spy
Cyber security

Cyber spies can operate in your computer: how to protect yourself against them?

Criminals are becoming increasingly innovative in the technological age. One of the tools cybercriminals use is so-called spyware – applications that allow criminals to break into the victim’s computer or phone and to collect the victim’s personal data without their knowledge. Later, this information is used for extracting money from the victim’s bank account, as well as for other crimes. […]

T-shirts with USSR symbols sold by Walmart
Foreign affairs

R. Morkūnaitė-Mikulėnienė: “Amazon should stop selling items with soviet symbols”

Member of Seimas of the Republic of Lithuania and Deputy Chair of the Homeland Union-Lithuanian Christian Democrats (TS-LKD) Political Group in the Seimas, Radvilė Morkūnaitė-Mikulėnienė, together with colleagues parliamentarians from other Baltic States: Members of the European Parliament Sandra Kalniete (Latvia) and Tunne Kelam (Estonia) and Members of Riigikogu, Tarmo Kruusimäe and Raivo Aeg, addressed with a letter to the American electronic commerce company Amazon drawing their attention to t-shirts and other items featuring soviet symbols being sold on Amazon.com online platform and calling to stop the sale of such products, a TS-LKD press release states. […]

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Economy

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European branch in Vilnius, Lithuania. The company, whose customer base includes global enterprise leaders in high-technology, finance, defence, cyber, telco and other areas, plans to hire several dozen local specialists. The Vilnius office will be responsible for software development, professional services and regional support, a press release from Invest Lithuania states. […]

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Economy

The popular French fashion brand „Gémo“ enters the Baltic States: first store in Lithuania – in 2019

The popular French fashion brand „Gémo“ entered the Baltic States – the first regional store was opened at the shopping center „Galleria Riga“, managed by the real estate company „BPT Real Estate“. According to brand representatives, „Gémo“ will enter Lithuania soon – the opening of the first store in the country is already scheduled in 2019. […]

Šiauliai
Economy

International investors discover Šiauliai

In recent years, Lithuania has seen a large influx of foreign investors. Whereas Vilnius and Kaunas remain the focal points, companies are slowly discovering that Lithuania has much more to offer. Formula Air, the oldest Dutch investor in Lithuania, discovered this a long time ago and is rapidly expanding its success story in Šiauliai, a press release from the investor states. […]

Kęstutis Girnius
CORPORATE

Kęstutis Girnius. Lithuania: with China, with the EU or for itself?

President Dalia Grybauskaitė had no doubt that her working visit to China, participation in the first import expo in China was beneficial to Lithuania. Prior to her meeting with Chinese President Xi Jinping, she explained […]