Vilnius Old Town
Society

Vilnius through the eyes of its residents

This July, Go Vilnius, the city’s official development agency, published Vilnius O’Clock, a magazine that tells the story of contemporary Vilnius through the eyes of its residents. It’s made up of 18 feature interviews with residents ranging from entrepreneurs and artists, to journalists and public figures, a press release from the agency states. […]

LIGHT

Lithuanian nutrition expert: if you want to lose weight, you still can eat bread

According to the nutrition expert Vaida Kurpienė, tasty, well-balanced and high-quality bread goes perfectly with a healthy diet. Contradicting the deep-rooted stereotypes, nutrition expert claims that not only can properly chosen bread enrich your diet but also it does not contradict the aim of losing weight. With that in mind, what is the right type of bread one should choose in order to keep in shape? […]

Virginijus Sinkevičius
Foreign affairs

Virginijus Sinkevičius: ‘Lithuania and Ukraine need to more actively cooperate in the field of technology’

According to Minister of Economy Virginijus Sinkevičius, chairing the 18th meeting of the Lithuanian-Ukrainian Intergovernmental Commission on Trade, Economic, Scientific and Technical Cooperation (hereinafter referred to as the “ICC’) in Lviv (Ukraine), despite growing economic cooperation between the two countries it is necessary to seek for new partnership possibilities and ways, a press release from the Ministry of Economy states. […]

Nordea headquarters
Economy

Instead of a bank’s headquarters – coworking space, restaurant and clothing store

Located in the heart of Vilnius Old Town, Nordea’s headquarters becomes a multifunctional commercial centre – real estate management and consulting company “Solid Real Advisors” leased one of the most impressive buildings in the Town Hall Square for fully serviced offices and coworking space operator “Workland”, restaurant “Queensberry” and fashion store. On the first floor of the building restaurant and fashion store will open their doors at the end of this summer, a press release from Solid Real Advisors states. […]

Vilius Šapoka
Economy

Vilius Šapoka, the Minister of Finance: the capital markets union is beneficial for all countries of the European Union

Today 8 countries of the EU have expressed united position on creation of the single capital markets union. It will contribute to sustainable growth of economics, stability of the financial system and diversity of sources for funding of business within the EU. The statement has been signed by the ministers of Demark, Estonia, Finland, Ireland, Latvia, Lithuania, Sweden and the Kingdom of the Netherlands, a press release from the Lithuanian Ministry of Finance states. […]

Mission Siberia 2018 departs
Society
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Society

Listeria-tainted frozen vegetables removed from market in Lithuania

Listeria-tainted frozen vegetables, produced by Polish company Greenyard Frozen Poland, are being removed from the Lithuanian market. Vegetable mixes were supplied to the Lithuanian market for at least two years. […]

No Picture
Society

Kaunas Public Transport launches ‘Voice’ app

At the start of 2017, the Kaunas city public transport bus company launched the ‘KVT Voice’ app (Kaunas Public Transport ‘Voice’) for blind and visually impaired persons. The development of the app, from conception stage through various design and development phases to full implementation, has taken less than a year, an Efcom.lt press release states. […]

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Politics

Politicians‘ fear rather than low technological capacity prevents Lithuania from having electronic voting

“Blockchain movement is not solely a technology, it changes Lithuania‘s economics,” claimed economics and finance analyst Paulius Kunčinas at the conference “The Pillar Unconference 2018“, the biggest blockchain conference in Lithuania’s history, taking place on 16-22 July. In a panel discussion about the future of Lithuania and blockchain, experts asserted that blockchain movement might at least partly solve brain drain issue. Additionally, they claimed that Lithuania does not have electronic voting system due to politicians‘ fear rather than lack of technology, a press release from the conference states. […]

No Picture
Economy

TransferGo receives electronic money license from the Bank of Lithuania

The Bank of Lithuania has provided an electronic money license to the international money transfer startup TranferGo. This license opens up new development opportunities and makes it possible for the company to further simplify and speed up international money transfers, as well as to offer electronic money storage, real-time transfers and other financial services throughout the European Union, a press release from the startup states. […]

Economy

Fourth industrial revolution in Lithuania is a goldmine for business consultants

Lithuanian companies are increasingly looking for consultations to help them understand the prevailing trends and prepare for the changes brought about by all-pervasive technologies. Almost 700 enterprises have already made use of a national compensation scheme for such consulting expenditures, a press release from Invega states. […]