Kaunas Free Economic Zone
Economy

Kaunas FEZ launches an innovative service: forklift sharing point

At the beginning of March, innovative forklift-sharing service will be launched in the territory of Kaunas Free Economic Zone. Alwark company, which has been providing loading and warehousing services as well as sales and rent of equipment in the Baltic countries has decided to establish a forklift sharing point where companies operating in Kaunas Free Economic Zone will be able to rent a forklift without any middlemen. […]

Astravyets NPP
Energy

Lithuania now has substantial legal arguments to deny access for electricity produced in the unsafe Astravyets Plant

On 7 February 2019, the Meeting of the Parties to the Convention on Environmental Impact Assessment in a Transboundary Context (Espoo Convention) in Geneva definitively concluded that during the construction of the Astravyets Nuclear Power Plant (NPP) in the vicinity of the Lithuanian border and Vilnius, Lithuania’s capital city, Belarus had infringed three articles of the Convention thus failing to justify the selection of the construction site and consult with the countries that are most likely to be affected. […]

Vytautas Bakas
Defence

Vytautas Bakas: ‘We need to be more receptive to the needs of servicemen’

The Committee on National Security and Defence of the Seimas of the Republic of Lithuania held a meeting to hear the presentation on the most recent studies by the Military Academy of Lithuania into the attitudes of Lithuania’s population, young people and soldiers towards military service as well as into the motivation of professional military soldiers and conscripts called up to initial mandatory military service. […]

Lietuvos energija
Energy

Lietuvos Energija calls for strategic partners to develop offshore wind energy projects

Lietuvos Energija, one of the largest state-owned energy companies in the Baltic States, announces international search for a strategic partner to develop offshore wind energy projects. Lithuanian company has initiated an Expression of Interest (EOI) process to select an experienced partner for the development of projects in the European Economic Area. […]

Laptop
Economy

Internet entrepreneurs misleading the authorities

The State Tax Inspectorate (hereinafter referred to as the STI) hereby informs that the operational analysis of Lithuanian residents who trade in online marketplaces and offer services on sharing economy platforms, which has been carried out by the Bussines in Electronic Area and By Electronic Means Control Division, revealed more than 1.5 million of undeclared income. It is an interesting fact that some people who use electronic means for business purposes not only “forget” the income they have received, but also try to hide their mistakes from the tax administrator in the most unusual ways, for example, by editing or completely deleting parts of publicly available information. […]

Rail Baltica
Economy

Rail Baltica developing efficient and sustainable energy supply system

The joint venture of the three Baltic states RB Rail AS has commenced the Study for the Development of the Rail Baltica Energy Subsystem Procurement and Deployment Strategy. The contract for the delivery of the Study was signed in January 2019 with the Consortium INECO – ARDANUY, consisting of Ingenería y Economía del Transporte S.M.E. M.P., S.A (INECO) and ARDANUY Ingenería, S.A (ARDANUY). Both Consortium partners have proven experience in the railway sector and specifically in energy subsystem. […]

Remigijus Baltrėnas, Arnoldas Pikžirnis, Vaidas Saldžiūnas
Opinion

Russia may well use its usual means against Lithuania: another warning

How is Russia going to interfere in Lithuania’s upcoming presidential and municipal elections? How will Lithuania overcome the growing threat to national security? What is Russia’s role in the context of this growing threat? […]

Linas Kojala
Opinion

The role of Lithuania in Eastern Partnership Policy

The Eastern partnership policy, a cornerstone of the European Union in terms of developing relationships with Armenia, Azerbaijan, Belarus, Georgia, Moldova and Ukraine, will soon celebrate its first decade of operation. From its inception, it has been based both on values (strengthening democracy at the side of the EU) and pragmatic interests (strategic stability, development of economic relations). […]

Irma Gudžiūnaitė
Politics

Ruling party and PM seek to undermine authority of the president

Prime Minister Saulius Skvernelis was surprised by President Dalia Grybauskaitė‘s decision not to appoint Irma Gudžiūnaitė to be Environment Minister. He claimed that the presidential candidate had promised a positive decision on her suitability for office. The Prime Minister claims that it will not be possible to reconcile new nominees for Environment Minister with the President, LRT.lt reported. […]

Belarus' Astravyets nuclear power plant under construction
Energy

Belarus picked site for Ostravyets NPP in violation of convention – Espo

On 7 February, the Meeting of the Parties to the Espoo Convention in Geneva decided that Belarus had violated the Espoo Convention in choosing a construction site for its nuclear power plant. Reviewing violations by Belarus has attracted the international community’s attention, the Ministry of Foreign Affairs announced. […]

Robots
Economy

Swiss Mikron Group set to produce automation modules in Lithuania

Switzerland-headquartered Mikron Automation has announced opening a production facility in the area of Kaunas, Lithuania. The facility will initially produce modules for automation solutions, mainly for customers in the automotive industry. In the following several years, Mikron will build a team of up to 50 specialists, including mechanical technicians, mechanical and control engineers, electricians, and supply chain managers. […]

At cinema in Vilnius
Culture

Lithuanian Film Centre announced production grants for 2019

The Lithuanian Film Centre has distributed €2 910 817 at its first session of financing for 2019. In all, 43 film projects received funding for production and development. […]