Month: February 2019

No Picture
Economy

Vilnius to see launch of scooter-sharing system: five companies express willingness to develop the system

February 26, 2019 EN.DELFI 0

As early as this spring Vilnius city dwellers and guests will be offered to take advantage of the service of electric scooter-sharing service and to travel in the city in an innovative and convenient manner. Striving to become the capital of scooters in Europe Vilnius will not only reduce congestions but will also become a free area of scooters and other alternative means of urban transport, a press release from Vilnius City Municipality states. […]

February 16 on Gediminas Av in Vilnius
Global LT

WANTED: volunteers to spread Lithuania’s name in the world

February 22, 2019 Lithuania Tribune 0

Do you feel that the world does not know enough about Lithuania? Do you feel that Lithuania has a lot to offer to the world but it is not heard? Guess what, you are not alone, and the Lithuania Tribune team feels that way as well. Hence, together we can do something real about it! […]

Euros
Economy

Crisis looks bigger through the eyes of fear, yet statistically insignificant

February 22, 2019 EN.DELFI 0

Last year, the rate of enterprise failure decreased by fivefold and credit ratings of companies remained fairly stable, however, businesses cut down short-term borrowings by 14 per cent and long-term – by 13 per cent. It seems that businesses are unsure about the future; meanwhile, the fundamental indicators show no reasons for worrying – the specialists of Creditinfo credit bureau arrived to this conclusion upon the analysis of the data from over 50 thousand enterprises operating in Lithuania and information on the initiated bankruptcy proceedings. […]

At a meeting of disables 'Just let me work'
Economy

Socially responsible business: growth opportunity or a rehabilitation centre for the disabled?

February 22, 2019 EN.DELFI 0

The Lithuanian Parliament (the Seimas) intends to oblige companies employing the disabled to allocate the significant part of their profits (as much as 75%) for the integration of the disabled. Representatives of the Association of Social Enterprises (the Association) state that reintegration is already underway, the proposal itself is not based on any calculations, and regulations on where and how companies should use the money they earn raise more questions than answers. […]

Princess Catherine Jagiellon
History

How Lithuania helped shape Sweden’s elegance

February 22, 2019 Ian Diaz 0

Politics is the new black, regardless of which one you choose, fictional or real. Just as many passions were stoked by the last season of House of Cards as were by Trump’s twitter account. […]

Axis Industries stadion in Vilnius
Society

Historical breakthrough – there are no more obstacles to building a multifunctional complex in Vilnius

February 22, 2019 EN.DELFI 0

Residents of Vilnius and sports community of the country can mark today as a day to remember – the Council of Vilnius gave the green light to the concession agreement of the multifunctional complex in Šeškinė, and there are no more obstacles to signing it. Having signed the agreement, starting works of construction of the National Stadium and another 15 sports objects on Šeškinė hills will be possible in the nearest future. […]

German shopper
Society

Different faces of the queen of furniture: Why do Lithuanians dislike what Germans are fond of?

February 22, 2019 EN.DELFI 0

The furniture designers who design products for the markets of Western countries note that customer needs differ considerably: Lithuanian residents choose completely different soft furniture than, for example, Germans. The trend both in Western Europe and in Lithuania is clear: not a single, even the most minimalist, apartment can do without a sofa, which has become a real standard of a multifunctional item of furniture and got painted in bright colours. […]

UMA GO9
Economy

A new co-working space UMA GO9 in downtown Vilnius will be filled with Nordic motifs of nature

February 22, 2019 EN.DELFI 0

On the top floor of a premium shopping center GO9 more than 2,000 square meters co-working space UMA GO9 will be opened this summer. Nordic aesthetics and functionality will be equipped with 230 different workstations: 36 private offices fitting 1 to 12 people teams, over 70 open-type workstations in a co-working open space, 6 modern meeting rooms, a common space with a coffee area and outdoor terraces for relaxation. […]

FinTech
Economy

FinTech companies showed avid interest in the LBChain project

February 22, 2019 EN.DELFI 0

The LBChain project has garnered significant attention among European FinTech companies: with 21 registrations from countries such as Belgium, Poland, Lithuania, the Netherlands, Finland, Serbia and Sweden, no more than 6 applicants will be deemed eligible to move forward. […]

Vladislav Surkov and Vladimir Putin
CORPORATE

Liberal democracy is closing down – time has come for Lithuania’s Putinisation

February 22, 2019 Romas Sadauskas - Kvietkevicius 0

“Foreign politicians accuse Russia of meddling in elections and referendums around the world. In reality, everything is more serious. Russia is meddling with people’s minds and those same people do not know what to do with their altered consciousness”, – writes the creator of Putinism ideology and the term “sovereign democracy”, Vladislav Surkov. […]

Butter cut in pieces
Economy

Lithuanians to be fist in Baltic states to cut metal as easy as butter

February 21, 2019 EN.DELFI 0

According to specialists, Lithuania has now become a country that boldly introduces innovations to its engineering industry’s market that are not yet available to manufacturers in neighbouring countries. The country’s most famous innovators have also been developing technologies in various fields from medicine to transport. […]