Economy

An Israeli startup company Is opening a software development branch in Vilnius

Another startup company is joining the ecosystem in Lithuania. Exai, a company that specializes in content management technology (CMT) and AI, has announced that it’s opening a software development branch in Vilnius. According to Exai’s CEO, the company is expanding internationally after applying for a grant of 3 million euros from the Lithuanian Ministry of Economy. With offices now in Israel, the U.S., Macedonia, and the Philippines, Exai is slowly growing to be a multinational growth company. […]

Rail Baltica
European Union

Lithuania ready to lead Rail Baltica project: transport minister

Lithuania is ready to assume leadership of the Rail Baltica project to ensure its timely and successful implementation, the Baltic country’s Minister of Transport and Communications, Rokas Masiulis, wrote in a letter to the European Commission, the ministry announced on Wednesday. […]

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Foreign affairs

Six steps by the cabinet in case of hard Brexit

In preparation for the potential withdrawal of the United Kingdom from the European Union without an agreement, the Lithuanian government has backed legislative changes, which would ensure undisturbed social guarantees for Lithuanian citizens, who worked in the UK so far, and British citizens, who reside in Lithuania, which would be as favourable to individuals as possible. […]

Vytautas Landsbergis
CORPORATE

Vytautas Landsbergis on committees: local parish parties are creating mini-states

“I hope that Kaunas will not declare independence from Lithuania. But such a trend exists looking more broadly at what is happening in Lithuania. The entrenchment of certain groups, which could call themselves parties, committees, parishes or such. In reality, all those committees are small local parties making political deals, sharing power and opportunities, sometimes they are good, but sometimes – selfish,” professor Vytautas Landsbergis says. In his opinion, the entrenchment of local parties, which create mini-states, is dangerous. […]

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Politics

In the last 2 years, number of MPs declaring their meetings with interest groups or lobbyists doubles

In the last 2 years, the number of Lithuanian MPs who declare with which interest groups or lobbyists they meet has doubled. Last year, parliamentarians also announced 1,5 times more meetings than in 2017. These figures are reported in research conducted by Transparency International Lithuania, which includes information from manosusitikimai.lt, official work calendars, and personal websites of the parliamentarians. […]

Salome Zurabishvili
Foreign affairs

Georgian president to visit Lithuania

Lithuanian President Dalia Grybauskaitė will meet Georgian President Salome Zurabishvili on Thursday, lrt.lt reports. […]

Ingrida Damulienė
Society

Survey: only one in every 11 Lithuanians ranks own health as excellent

Although in many areas Lithuania is showing progress and catching up with Western European countries, we are still one of the worst-looking countries in the European Union when it comes to public health. Population surveys also show that only a small number of Lithuanians enjoy an impeccable health. A public opinion poll conducted by Eurovaistinė, a pharmacy network, revealed that actually only one in every 11 Lithuanians ranks own health as good. Medical experts say that this is due to the lack of attention of the population to the disease prevention and healthy lifestyle. […]

Dalius Misiūnas
CORPORATE

Head of Maxima Grupė: prices in Poland and Lithuania can hardly be compared

Maxima Grupė [Maxima Group] has entered the Polish market and sees the biggest potential for the company’s growth in this particular country. The head of the company Dalius Misiūnas is confident that a greater scale of operation and innovation will enable the company to make its activities more efficient and economical, which will allow the company to offer better conditions for those who shop in Lithuania. […]

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Society

Vilnius to celebrate March 11: march, tours and free public transport

On 11 March, Vilnius city dwellers and city guests will follow the Roads of Freedom in Vilnius. Everyone is invited to the march at which a 400 metre long Lithuania’s flag will be carried and to take free of charge tours around the Old Town. The tours will be given in a number of different languages by almost forty guides. Excellent news to everybody: public transport will take passengers to the festive events of 11 March free of charge as well, a press release from Vilnius city municipality states. […]

Dalia Grybauskaitė
Politics

After meeting Seimas board, Grybauskaitė gives evaluation of election results

President Dalia Grybauskaitė warned on Tuesday that the nearing Seimas spring session will be beset by tensions over the coming presidential and European Parliament elections and also criticised the cabinet for lack of progress on reforms, lrt.lt writes. […]

Economy

Specialists say shortage of quality offices in the Vilnius Old Town will only increase as FinTech startups discover Lithuania

With real estate developers recently taking note of people’s growing interest in settling closer to the center of Vilnius, specialists are talking about a parallel increase in pressure on the supply of offices in central locations in the capital city. But while in the first case there is no big imbalance so far between needs and opportunities, companies seeking quality modern workplaces in and around the capital’s Old Town often end up disappointed. […]

No Picture
Politics

Urging to adjust direct mayor elections: long time mayors entrenching

Political scientists are urging to review the regulations of the direct mayor elections because the aim to prevent a single individual from holding the office of mayor for decades has not been reached. In certain cities, long-time mayors are being re-elected and are only further strengthening their positions, thus it is proposed to consider limiting the number of mayor terms, lrt.lt writes. […]