No Picture
Economy

Brewers are happy about the hot summer and notice the new trends

Extremely hot summer and shorter sales time of alcohol in shops are changing Lithuanian consumers’ habits. So far, most people, who were buying alcoholic beverages in supermarkets are turning to bars and cafes. The owners of the bars are counting up to one third of the increased sales due to the changed trend, while the brewers say that sales of such beverages as non-alcoholic beer or soft drinks are also rising, a press release from Carlsberg states. […]

No Picture
Society

The development of the residential housing project “Matau Vilnių” near the Tauras Hill has begun

At the Aludarių street, in the territory of the former brewery “Tauras”, construction works of residential housing “Matau Vilnių” (Eng. Vilnius is in my sight) have started. During the first stage of construction, the development of three buildings “Pilies”, “Upės” and “Tilto” is planned. The first stage will comprise a total of 92 apartments, with a panoramic view of the historical and modern city centre. The sustainable real estate development company “YIT Kausta” will undertake the construction of the project in a location of the capital that is rich with history, a press release from the company states. […]

Economy

Holiday travel by air: incidents of luggage damage increase by one third

According to insurers, the number of claims due to delayed, lost or damaged luggage grew by one third during the past six months, a press release from Gjensidige states. […]

No Picture
Society

Online social networking dangers: what are they and how to protect yourself against them

Nowadays, social media is one of the main tools for communication, and a way to obtain and share information. Naturally, the youth are among the most active users: most of them have their profiles on various social networks and social media is an integral part of their everyday life; thus, the youth (14-29 yrs) is the most affected group by the dangers of social networking: disguised advertising, propaganda, fake news, and information creating a distorted perception of reality just to mention a few, a press release from VGTU states. […]

Renaldas Seibutis
Sports

Seibutis has been dragged into the NBA trade merry-go-round for a second time; the rights to the Lithuanian now belong to the Cleveland “Cavaliers”

The name of 33-year old Lithuanian guard, Renaldas Seibutis has been brought in for a second time in the context of NBA trade talks this summer. It was officially announced that the 33-year old Lithuanian has been included in the Sam Dekker trade, the player who was just sent by the Los Angeles Clippers to the Cleveland Cavaliers. […]

No Picture
Economy

Fitch Ratings upgraded Lithuania’s credit rating outlook to “Positive”

Lithuania’s long-term rating outlook from “stable” became “positive”. It has been upgraded by the international credit ratings agency Fitch Ratings after the positive assessment of the fiscal policy pursued by the country. Currently, long-term and short-term credit ratings affirmed by the agency (A- and F1) remain unchanged, a press release from the Ministry of Finance states. […]

Economy

The car fleet is getting younger and more expensive

According to statistics by the company Mokilizingas, for the first six months of this year the average loan for hire purchase cars grew by almost 5% when compared with last year – from 2631 EUR to 2748 EUR. Usually car loans are taken out by men 18 – 30 years of age, who are living in cities, a press release from the company states. […]

At the "Life sciences Baltics 2014"
Economy

Life changing technologies will be presented in Vilnius

On 26-27 September in Vilnius over 60 companies from all over the world will showcase their products and services: from the artificial human brain project, a microliquidic single-cell analysis technology, a device sending direct electromagnetic impulses into somatic cells to 3D printing technology and advanced immunotherapy products. Visitors can visit this part of the Life Sciences Baltics, the only international life sciences forum in the Baltics, free of charge. […]

Radisson Blu Hotel Lietuva in Vilnius
Economy

Radisson Blu Hotel receives International Premium Certificate

Being the biggest hotel both in Vilnius and Lithuania in terms of its rooms number, now Vilnius hotel Radisson Blu Hotel Lietuva has been recognized as one of the safest hotels in the country. The independent company Safehotels has awarded the hotel with the certificate which shows that Radisson Blu Hotel Lietuva meets the requirements of the international hotel safety standard with Premium class. […]

Laptop
Economy

Startup from Lithuania among 50 most innovative in Europe

Company from Kaunas, Lithuania icy365 was recognized as one of the most innovative in Europe. The list of the most perspective companies was made by “unbound London” innovation festival organizers. The event gathers more than 5000 founders, investors, entrepreneurs, corporate & brand executives and thought leaders every year. Lithuanians had an opportunity to present their own-made collaboration platform for Office 365 to huge international corporations. […]

Vilnius University (Edgaras Kurauskas photo)
Society

Lithuania’s students are invited to join CERN

The European Organization for Nuclear Research (CERN) invites students from Lithuania for internships and work in the world’s largest particle physics laboratory. This is a unique opportunity for students and specialists from various fields to work in an international team and get to know the scientific work that goes on inside the modern laboratories. […]

Rapolas Žilionis
Economy

Vilnius University student with team discovers a new cell type

Webpage of one of the most prestigious scientific journals in the world, Nature, recently published an article “A Single-cell Atlas of the Airway Epithelium Reveals the CFTR-rich Pulmonary Ionocyte”. It centres around the discovery of a new type of cell – pulmonary ionocyte. Dr. Lindsey Plasschaert and Vilnius University (VU) Life Sciences Centre doctorate student Rapolas Žilionis are first authors on this paper. […]

Bitcoins accepted here
Economy

Varle.lt cryptocurrency payments volume grows by more than 1,200%

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. […]

Asta Dovydėnaitė, Linas Mockevičius (back) and Antanas Juknevičius
Global LT

Asta and Linas who traversed the world on motorcycles have returned home: a record seems to be in the stars

On Saturday a campsite with friends and family members near Vilnius marked the end of the round the world trip for two motorcycle enthusiasts Asta Dovydėnaitė and Linas Mockevičius. In 640 days or more than 21 months the two travelers traversed more than 100 thousand kilometers and visited 45 different countries. This experience will forever cement itself in their memory not only because of the thousands of photos taken during the trip, but also because of a new mention in the Lithuanian record books. They have become the first Lithuanians to cover this much distance using motorcycles. […]