PanPay
Economy

Chinese FinTech startup PanPay has arrived to Lithuania

The Startup Visa programme initiated in Lithuania nearly a year ago to attract foreign talents to Lithuania has gained momentum. The geography of young entrepreneurs aspiring to set up innovative startups in Lithuania stretches from China to the United States of America, and their business ideas are as good as prominent global business models. Lithuania is a state offering exceptionally favorable conditions for financial technology startups, Enterprise Lithuania writes in a press release. […]

Jerusalem
Foreign affairs

Expression of disagreement with the Lithuanian vote on Jerusalem: damage to national interest

At the initiative of the Lithuania – US association, a group of public figures, intellectuals, politicians and journalists voiced their disagreement on the Lithuanian vote in the December 21, 2017 UN General Assembly. “It doesn’t […]

Banksy painting Brexit
CORPORATE

Lithuania – new destination for UK financial institutions loosing “passporting rights” after BREXIT

As it is almost clear that that UK banks, investment managers, payment service providers and other financial institutions will lose their “passporting rights” to do business in the European Union, Lithuania competes in attracting international financial companies leaving the UK. The Northern country uses the opportunity to become the forefront of financial technologies in the region and there are many reasons to believe about this success. An attractive legal and technological environment, business minded and advanced supervisory authority open to financial market innovations, qualified and competitive workforce, opportunities to operate across the EU basing from Lithuania – that‘s what put Lithuania to one of the best places on the global FinTech map already now. […]

CityBee car on Vokiečių Str, Vilnius
Economy

CityBee grows fast in 2017 amid breakthrough in Lithuanian car sharing market

Lithuanian startup CityBee has tabulated its results for 2017, and it was a year of remarkable growth in size and popularity for the car sharing operator. Its cars are now available in several of the country’s cities, the community of users of its services now numbers more than 100 000, and the total distance customers have driven is now in the millions of kilometres, a press release by the company states. […]

No Picture
Global LT

Forum of Lithuanian Professional Diaspora: turning ideas into actions

On the 28th December, sixth year in a row, Global Lithuanian Awards will convene the international Lithuanian research, art and business professionals returning for winter holidays from more than 20 countries. The event is organized by Global Lithuanian Leaders (GLL), network of professional Lithuanian diaspora. Its patron is the president of the Republic of Lithuania, Dalia Grybauskaitė, who will award the Laureates. […]

One of Europe's most beautiful Christmas trees, right here in Vilnius  Photo © Ludo Segers @ The Lithuania Tribune
Freetime

Merry Christmas from the Lithuania Tribune!

The Lithuania Tribune team would like to wish all our readers a Merry Christmas and a Happy New Year. […]

Vilnius' Christmas Tree on the Town Hall Sq
Freetime

Space at Town Hall Sq brimming with Christmas secrets

This year, Christmas in Vilnius is impressive indeed. We can boast a Christmas tree recognised the most beautiful one in Europe, plenty of festive events under the Christmas in the Capital 2017 Programme and even two Christmas Towns operating in the main squares of the city. Bustling with the season’s excitement and full of lovely goods, the Christmas Towns attract numerous visitors during Advent transforming Vilnius into a genuine Christmas Capital, the Vilnius’ Culture Center writes in a press release! […]

Performance Voyage 7 Still from “Remedies – Rongoã” by Sasha Huber & Petri Saarikkotill from “Remedies – Rongoã” by Sasha Huber & Petri Saarikko
Freetime

Performance Voyage 7 from Finland screening in Vilnius!

Performance Voyage 7 (PV7), an international collection of video performances produced by Artists’ Association MUU, Finland, will be screened at project space “Sodų 4” in Vilnius, Lithuania, 20 December 2017, 7 pm, in collaboration with Lithuanian Interdisciplinary Artists’ Association. The PV7 tour takes the video collection to altogether 15 venues around the world, “Sodų 4” informed in a press release. […]

Founders-Marius Kalytis and Dalia Lašaitė
Economy

CGTrader raises funding to scale its 3D model marketplace for the rapidly growing 3D technology market

CGTrader, one of the largest 3D model marketplaces globally, has raised EUR 2 million in funding to scale the business and serve the rapidly growing demand for 3D models. The investment round was led by Karma Ventures, with participation by CGTrader’s current investors Intel Capital and Practica Capital. […]

Pakruojis Manor
Freetime

Lithuanian Destination of Excellence: Pakruojis Manor

In the Northern part of Lithuania which is notable for its brewery traditions and the cuisine of noblemen, on the right bank of the Kruoja River, there is a manor of classist style which was included in the Record Book as the biggest complex of manor buildings that has survived to the modern day in Lithuania. Here one can delve into the manor style life any season – in summer, and during the nocturnal shepherding event, also during the Christmas season and while listening to the fairy-tale about the Nutcracker and stories about noblemen fon Ropus, about the miracles of technology of that time, a wind mill or even the moustache of the Lithuanian Robin Hood, Tadas Blinda. Pakruojis Manor has been announced the Destination of Excellence of Lithuanian Cultural Tourism 2017, a press release from the Department of Tourism states. […]

No Picture
Economy

Lithuania emerges as blockchain gateway to Europe

Hot on the heels of issuing of the Europe’s fastest e-money (EMI) license to the numerous global tech companies, Lithuania has announced it will host Europe’s first international Blockchain Centre. The Centre’s mission: to unlock economic and social value by applying blockchain technology to business, finance, and public administration, a press release from the Blockchain Centre states. […]

Creative Shock 2017 finalists
Society

Urges to get involved with social business

Organized for the seventh time by students of ISM University of Management and Economics, the international social business case competition “Creative Shock” once again invites students from various countries to come to Vilnius and to compete in a four-day finale, where they will solve problems of real-life social businesses, according to a press release by ISM University of Management and Economics. […]

TS-LKD meeting
Foreign affairs

After the European Court of Human Rights ruling – call for release of imprisoned former Prime Minister of Georgia Ivane Merabishvili

The Chairman of the Homeland Union-Lithuanian Christian Democrats (TS-LKD) Gabrielius Landsbergis and members of the TS-LKD Andrius Kubilius (former Prime Minister of Lithuania), Algirdas Saudargas (Member of the European Parliament), Radvilė Morkūnaitė-Mikulėnienė (former Member of the European Parliament), Mantas Adomėnas, addressed today the President of Georgia Giorgi Margvelashvili, the Prime Minister Giorgi Kvirikashvili and Members of the Parliament of Georgia, calling for immediate release of imprisoned opposition politician Ivane Merabishvili, former Prime Minister of Georgia, a TS-LKD public press release states. […]