Winter
Economy

Austrians’ advice to Lithuania: don’t’ turn a town into a village and vice versa

Flying taxi “skyport”, the Hyperloop or maglev trains – perhaps these inventions will change Lithuanian landscape and infrastructure over the coming decades. Foreign professionals warn that the way we turn into will depend not only on the experts’ insights, but also on public opinion and suggestions. The preparation of the first stage – the real situation – of the Comprehensive Plan of the Territory of the Republic of Lithuania has been completed. Considering the presented conclusions, the Ministry of Environment together with the team of experts will prepare the Comprehensive Plan of the territory of the country and will draw a new long-term vision of the country. […]

Finish flag
Economy

Finland’s Supermetrics to set up office in Vilnius

Founded in Helsinki in 2013, Supermetrics is a rapidly growing marketing technology company and a leader in its category. It pulls data from various marketing platforms into one single location, making it easy for marketers to report, monitor and analyze the performance of their marketing campaigns. The company is set to open its first office outside Finland this month in Vilnius, with plans to hire between 50-100 people in the next three years. Job ads can be accessed on the Work in Lithuania platform, Invest Lithuania informed in a press release. […]

Alexander Vershbow
Opinion

European Defense: Time for a Higher Level of Ambition

President Donald Trump’s address to the UN General Assembly in September 2018 was a fresh reminder of the United States’ abdication of leadership and rejection of “globalism.” On more and more issues – trade, climate change, the International Criminal Court and, most recently, the Iran nuclear deal – the United States is becoming increasingly estranged from its traditional allies and partners. […]

Happy Lithuanians
Society

Lithuanian residents are happier

A survey of the emotional climate in Lithuania has shown that residents of the country feel much happier. As many as 70 per cent of residents of Lithuania consider themselves happy. The findings of the monitoring of the emotional condition of Lithuania that has been carried out since 2008 by the Human Study Centre show an overall improvement of the emotional climate in Lithuania. […]

Klaipėda port
Energy

Lithuania to purchase liquefied natural gas from Total

Lithuania has signed a liquefied natural gas (LNG) purchase contract with energy company Total Gas & Power Limited amid LNG supply diversification efforts, Lithuania’s state controlled company Lietuvos energijos tiekimas announced on January 31. […]

Monika Kriūnaitė of CEE Attorneys during the panel.  Photo by Mantas Bartaševičius
Economy

Blockchain for business: Spoiled broth and regaining trust

Blockchain industry leaders should start investing more in Research and Development (R&D) instead of Public Relations campaigns. There have been too many actors in the industry who made a good broth bad; a broth which now has to be consumed by all, including those com-panies and start-ups who have something dynamic to offer both small and large businesses. […]

Blockchain Centre Vilnius CEO Justas Šireika
Economy

Blockchain Centre Vilnius to be headed by Justas Šireika

Technology companies from 14 countries around the world, including Australia, China, Canada, Switzerland and others have established partnership with Blockchain Centre Vilnius (BCV), which was founded just a year ago. In an annual event hosted by the centre on January 23, blockchain technology experts from the World Trade Organisation, European Commission and Parliament, as well as Lithuanian institutions gathered to discuss the application of blockchain technology in international trade. During the event, Justas Šireika was introduced: he will be taking charge of the BCV, as well as a new start-up financing fund, according to a Blockchain Centre Vilnius press release. […]

Petro Poroshenko, Dalia Grybauskaitė
Foreign affairs

D. Grybauskaitė after meeting P. Poroshenko: Western attention to Ukraine is waning

During the Davos World Forum, Lithuanian President Dalia Grybauskaitė held bilateral talks with Ukrainian President Petro Poroshenko and Armenia’s new Prime Minister Nikol Pashinyan. The Lithuanian head of state emphasized during her meeting with the Ukrainian president that the international community’s attention to Ukraine is waning, lrt.lt writes. […]

Maidan Square 2014
CORPORATE

The forgotten case of Ukraine

Something happened on the 5th of January. Between worries about Brexit matters, the usual Trump business and other terrible matters, something changed on that day. Two days before Christian Orthodox Christmas, Ecumenical Patriarch Bartholomew I of Constantinople signed the tomos of autocephaly for the newly created Orthodox Church of Ukraine. This was not only a step toward the independence of Ukrainian Orthodox believers, but all of Ukraine. […]

Monika Garbačiauskaitė-Budrienė
Politics

M. Garbačiauskaitė-Budrienė: the European Council and EBU are concerned over press freedom in Lithuania

On Thursday, the status of news media in Lithuania and challenges arising for the LRT due to the national broadcaster law being discussed in Seimas were discussed in a sitting of the European Broadcaster’s Union (EBU). LRT director general Monika Garbačiauskaitė-Budrienė, who participated in the sitting stressed that the European Council and EBU are concerned over trends being observed in Europe that threaten press freedom, lrt.lt writes. […]