This week, on November 8–10, the Lithuanian Exhibition and Congress Centre Litexpo will be holding two international exhibitions – the exhibition for shop, hotel and restaurant requisites BaltShop. BaltHotel. BaltGastro 2018 and the Baltic food and beverage fair BAF, a press release from Litexpo states. […]
According to the biggest remuneration survey in the Baltics, conducted by “Baltic Salary Survey”, this year the highest salary growth was recorder in Estonia. Lithuania and Latvia were not far behind, states the company’s press release. […]
Arctic Adventures, an Icelandic adventure tour operator, has announced plans to open its first office abroad in Lithuania. The company is looking to hire around 75 employees for their Vilnius team within the next three years, a press release from Invest Lithuania states. […]
BaltCap Growth Fund (BGF) has signed the shareholder agreement, becoming a significant shareholder in KOOL Latvia, with an approximate 30% stake. In return, KOOL Latvia, a newly developed local petrol and convenience store chain, will obtain higher growth capital, enabling the company to accelerate further expansion, a press release from BaltCap states. […]
Changes in Baltic region‘s real estate field are happening – international real estate consulting company Newsec and Baltic investment banking company Redgate Capital signed a partnership agreement to offer real estate services to clients in Estonia. Redgate Capital‘s real estate advisory team will now operate under the Newsec trademark name in Estonia, a Newsec press release states. […]
The Soprano ice cream shop chain, which has operated in Lithuania for 18 years already, has finished its first seed funding round (A round) and plans expansion into Europe. The network, which is comprised of seven ice cream shops, saw investment by Antanas Guoga and entrepreneur Vytenis Mažiulis with both bringing equal investment. Mažiulis will also take up the Director position of UAB Ledai enterprise, which controls the Soprano brand. […]
Lietuvos Energija, a group of energy companies, further pursues the international strategy provided for in the Strategy LE 2030 signed a conditional agreement on the acquisition of a project for the development of wind farm in Poland. That will be the first wind farm built by the Group itself, its press release states. […]
On 3 November 2018, the Government of Japan announced that Mr. Vytautas Grubliauskas was conferred with The Order of the Rising Sun, Gold Rays with Rosette for his contribution as the Mayor of Klaipėda City to building friendly relationship between Japan and Lithuania, especially in the fields of cultural and defence exchanges, a press release from the Japanese embassy states. […]
Preparing for a mass rollout of smart metering in Lithuania, JSC Energijos Skirstymo Operatorius (ESO) has started the active testing of NB-IoT (Narrowband Internet of Things) technology. The pilot project aims to evaluate if meter data collection is possible by employing this technology and if its penetration in practice is higher compared to that of traditional communications technologies and sufficient to satisfy the needs of ESO’s business. Attempts are being made to identify whether this technology is sufficient for equipment control, maintenance, replacement and updating of software, a press release from ESO states. […]
Gender equality got the green light in Vilnius, quite literally this time. To celebrate the centenary of women’s voting rights in Lithuania, a number of the city’s pedestrian traffic lights received a makeover to include a female figure, a press release from Go Vilnius states. […]
International networking meetings realized in the frames of Cross-Baltic Upgrade2018! initiative in Lithuania, Vilnius 26-27 September and Riga, Latvia 1 October engaged in active dialogue leading figures of art and society from Lithuania, Latvia, Russia, Estonia, Finland, Poland and Belarus. Promoting cultural diversity as well as European cultural heritage provoked multifaceted discussions among the participants, representing writers, journalists, directors of theatres and museums as well as politicians and ambassadors, a press release from Creative Association for Arts and Culture DROM states. […]
Letter of Cooperation signed between Lithuanian and Dutch educational institutions: Nemunas River development project will be at the core of Lithuanian-Dutch educational cooperation, the Embassy of the Netherlands informed in a press release. […]
Lithuania creates one of the most favourable conditions in the European Union for the activities of the investment funds. The Government approved draft laws regulating the activities of collective investment undertakings (CIUs) aimed to reduce the administrative burden on investment funds and to create more favourable conditions for their activities, and, therefore – more business financing alternatives and investment opportunities in our country, a press release from the Lithuanian Finance Ministry states. […]
Estonia is often presented as a model country among the Baltic States, however it faces all the same security challenges as Lithuania and Latvia, ranging from defence spending to ensuring security in the face of difficult relations with Russia, to finally issues with NATO itself. The Lithuania Tribune interviewed Estonian Minister of Defence Jüri Luik at the Riga Conference 2018 to find out more, how the Northernmost Baltic State perceives security in our region. […]
The conclusions of the Seimas Commission scrutiny of the LRT activities are to a certain extent true, but the proposals on how to change the LRT management structure have nothing to do with the conclusions, says the LRT Director General Monika Garbačiauskaitė-Budrienė. Professor of Vilnius University Andrius Vaišnys maintains on the LRT RADIO – the conflict could easily be resolved in the discussion, lrt.lt writes. […]
More and more people are becoming familiar with and are acquiring bitcoins from their friends or acquaintances, while speculating on the stock exchange, through mining or performing other tasks or operations on the internet or otherwise. In fact, the process of earning money would not get people hooked if they did not have the opportunity to spend them. The first bitcoin owners did not have the freedom of choice when it came to using bitcoins as money but today there are much more opportunities to do so, a press release from varle.lt states. […]
The Lithuanian state capital energy company group Lietuvos Energija moves forward with implementation group strategy LE 2030 by becoming prominent market player in Poland during the next two years. The group made strategic decision a step further and appointed a Regional manager for Poland in October. This position will be held by Ms. Diana Kazakevič, previously Director of the Business Development Department of one of the group’s companies Energijos Tiekimas, a press release from Lietuvos Energija states. […]
Dear Seimas Members,
Having acquainted with the conclusions and proposals of the Lithuanian Republic Seimas ad hoc Investigation Commission (hereafter – Commission) for the parliamentary scrutiny of the Lithuanian National Radio and Television governance, financial and economic activities, we address you in hope for your contribution in preserving the independence of the Lithuanian National Radio and Television (hereafter – LRT). […]
Lithuania has become a stage set for Sky and HBO’s original British drama Catherine the Great. Set against the lavish backdrop of the politically ruthless 18th century Russian court, this four-part epic starring Helen Mirren will chart the latter years of Catherine’s 34-year reign. The series is also being shot in Latvia and Russia, a press release from HBO states. […]
Russia is an ever-prevalent discussion topic when it comes to Baltic security, be it regarding its 2014 annexation of Crimea, be it regarding what could occur following civil unrest in Russia itself or be it when Russia’s influence is felt reaching out into NATO and EU countries. The Lithuania Tribune interviewed the programme director of the Finnish Institute of International Affairs’ EU’s Eastern Neighbourhood and Russia Research Programme Dr. Arkady Moshes at the Riga Conference 2018 on how the West can respond to Russia and how Russia’s internal workings operate now and will continue to operate in the long term. […]
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