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Economy

Third of Lithuanian enterprises innovate

In the European Union, just under half (48.9 percent) of enterprises of 10 employees or more reported innovation activity during the period 2010-2012. The proportion of innovative enterprises in the EU dropped in 2010-2012 compared with both 2006-2008 (51.5 percent innovative enterprises) and the peak recorded in 2008-2010 (52.8 percent). This pattern was observed in the majority of Member States, Eurostat, the statistical office of the European Union, announced based on the Community Innovation Survey 2012. […]

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Society

Euro adoption and crisis in Ukraine reduced Lithuanians’ optimism, according to poll

In December 2014 only every third Lithuanian claimed that the situation in the country has been improving. Compared with November 2014, the number of optimists decreased by 6 percent. According to sociologist and lecturer of Vilnius University, Professor Romas Lazutka, the outburst of pessimism at the end of the year was related to the change of national currency and the ongoing conflict in eastern Ukraine. […]

Energy

Lithuania’s power generation company becomes market maker

Nasdaq Commodities has welcomed Lietuvos Energijos Gamyba, the national electricity generation company which combines all electricity generation capacities controlled by the state of Lithuania, as a new market maker for the Latvian Electricity Price Area Differential, EPAD RIGA, contracts. […]

Jovita Neliupšienė
Uncategorized

President Grybauskaitė’s advisor: No place for appeasement politics in Ukraine

Chief foreign policy advisor to Lithuanian President Dalia Grybauskaitė, Jovita Neliupšienė, says that Russia‘s direct involvement in conflict in the Donbass region is becoming more and more obvious, while the current ceasefire is only relative. […]

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Uncategorized

Lithuanian businesses catch up with Estonians in innovation plans

Estonian and Lithuanian small and medium-sized enterprises (SMEs) are planning to focus more on innovations in 2015, while the number of Latvian SMEs that are planning to invest in innovations has contracted by 9 percent, according to a study conducted by SEB Baltic. […]