Money
Economy

More business financing alternatives and investment opportunities introduced in Lithuania

Reduction of administrative burden on investment funds and more favourable environment for their activities in Lithuania, and at the same time, creation of better possibilities of business financing and greater opportunities for investors is the main goal of the draft laws on collective investment undertakings (CIU) which the Ministry of Finance submitted today to the Government. […]

Quadrum in Vilnius
Economy

New building in Quadrum business centre in Vilnius will be built

The company Merko statyba which is part of AS Merko Ehitus group and Forumas 4, the company controlled by the Norwegian capital group Schage, signed a contract on const-ruction of a new office building Quadrum South in Vilnius, in Quadrum business city at the address Konstitucijos pr. 21. The value of the contract is higher than EUR 12 million. Completion of the works is scheduled in October 2019. […]

Special premises at the site of the complex of the Great Synagogue of Vilnius. Photo Saulius Žiūra (7)
Culture

Premises on Great Synagogue grounds in Vilnius let to 10 tenants

The City of Vilnius has rented special premises at the site of the complex of the Great Synagogue on the Vokiečių Street to host creative tenants, who will, in their turn, organise various artistic workshops, exhibitions, educational, innovative and artistic projects, teach crafts, there will be educational theatre and visual arts activities. All this will be happening in a 1000 square meters building which used to operate as a primary school and it is atop the former treasured heritage – the Great Synagogue – the Jewish Cultural and Education Centre (13A, Vokiečių Street). […]

A flat in the Kaunas old town
Economy

Losses in rented housing sometimes amount to six-digit figures

Apartment or house rent market is constantly increasing, whereas the major determinants of its growth include the rise of investments into housing intended for rent as well as the opened short-time rent opportunities through the online platforms such as Airbnb or Booking.com. Gains cannot be separated from risks; consequently, we hear increasingly more stories about people who entrusted housing to tenants or short-term guests and eventually had to deal with the costs of tidying up the vandalised premises. […]

IKEA 75 collection
Society

Lithuanian youth returns to furniture of their parents and grandparents

Every second Lithuanian has warm feelings about pieces of furniture and interior from the previous century. This is more an object of admiration for the younger audience who turns their looks to the times of parents and grandparents. The study carried out at the IKEA Lithuania request reveals that at least one piece of furniture or interior element from last decades can be found in two out of three Lithuanian homes. To celebrate the 75th anniversary, IKEA launched a limited furniture collection of legendary products from the past. […]

Baltic Summer University party Photo Sigita Jakubsonė (14)
Society

Summer courses at Vytautas Magnus University attended by students from over 30 countries

For the second time in a row, Baltic Summer University (BSU), a project organized by Vytautas Magnus University, has drawn to Kaunas over 100 students from various countries around the world. Students from Europe and other continents have joined the project: the USA, Australia, Hong Kong, Vietnam, China, Japan, Indonesia. The participants were offered a variety of courses in which the guests can improve their professional skills, learn the Lithuanian language, discover other cultures, and establish new contacts. […]

Trevellers
LIGHT

Habits of Lithuanian holiday-makers: increasing numbers of single travellers but parents the least common companions

This year, significantly more Lithuanian residents chose to travel on holiday both as single travellers or setting off with their family members. A survey conducted showed that more than half of Lithuanian residents spend their holidays with their spouses, one third holiday with their children, while parents are seldom selected as holiday companions. […]

No Picture
LIGHT

Six things you should know when freezing foods

Once you bring home full baskets of fresh fruits, berries and vegetables from the garden, market or store, at least part of the fresh harvest should be prepared for longer storage, so you can enjoy vitamins during the winter. The best way to preserve vitamins and other beneficial nutrients is refrigeration. If you are just about to fill in your refrigerator’s freezer for winter, here are some useful tips. […]

Asta and Linas
Global LT

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

A week ago 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. […]

World Lithuanian Community management, 2018
Global LT

Lithuanian World Community elects new chairperson and management

The XVI Lithuanian World Community (PLB) Seimas has elected Dalia Henke for a second term as its chairwoman. The new management will be comprised of Lithuanian community representatives from three continents, according to a press release from the PLB. […]