Blockchain industry leaders should start investing more in Research and Development (R&D) instead of Public Relations campaigns. There have been too many actors in the industry who made a good broth bad; a broth which now has to be consumed by all, including those com-panies and start-ups who have something dynamic to offer both small and large businesses. […]
Technology companies from 14 countries around the world, including Australia, China, Canada, Switzerland and others have established partnership with Blockchain Centre Vilnius (BCV), which was founded just a year ago. In an annual event hosted by the centre on January 23, blockchain technology experts from the World Trade Organisation, European Commission and Parliament, as well as Lithuanian institutions gathered to discuss the application of blockchain technology in international trade. During the event, Justas Šireika was introduced: he will be taking charge of the BCV, as well as a new start-up financing fund, according to a Blockchain Centre Vilnius press release. […]
Homanit, a leading manufacturer of medium-density (MDF) and high-density (HDF) wood fibreboards from Germany, has announced building a plant in the Vilnius region. The company is expecting to around 100 million euro and hire 440 employees in the first five years of operations, a press release from Invest Lithuania states. […]
Capella Baltica, a Spanish cosmetics and food industry supplier, has increased the amount of its investment at Klaipėda Free Economic Zone from 10 to 13M EUR and plans to open its protein factory in late 2019. […]
“Skvernelis has a chance. Everyone over 40 has a chance because you can still register,” political scientist Mažvydas Jastramskis shared his insights on Facebook regarding Saulius Skvernelis’ candidacy. […]
This Tuesday Vilnius’ business development and tourism agency Go Vilnius at the Workland Business Centre announced a series of dedicated workshops slated to begin taking place later this month. The Welcome to Vilnius workshops are designed to facilitate the transition of foreigners coming to the city to pursue professional opportunities. In just a few hours, workshop participants will receive invaluable information to help them navigate bureaucracy, settle into day-to-day life, and ultimately, become a local. The workshops will also give participants an opportunity to ask a team of experts specific questions, take part in a tour of Vilnius and meet other foreigners, a press release from Go Vilnius states. […]
The Lithuanian film centre have summarized the local box office results – in 2018 distribution reached a remarkable increase and hit all the records, a press release from the Lithuanian Film Centre states. […]
Last year, the Startup Visa received 178 applications of foreign companies for participation in the programme and business development in Lithuania, or 41 per cent more than in the first year of the programme, a press release from Startup Lithuania states. […]
According to the study of the European Commission, Lithuania is among four Member States of the European Union (EU), where the fixed broadband is the least expensive. It is accompanied by Romania, Latvia and Hungary. […]
Paystra, a fintech company founded and financed by Icelandic payments experts, providing payment services, is establishing its headquarters in Vilnius, Lithuania, and plans to build a team of 30 professionals over the next two years. The company, led by two payment market veterans, will develop and deploy state-of-the-art electronic payment solutions for European merchants, a press release from Invest Lithuania states. […]
Lithuanian state-owned enterprise Lietuvos Energijos Gamyba, a part of Lietuvos Energija Group, has started preparations for 1 megawatt energy storage system installation in Kaunas Algirdas Brazauskas hydropower plant. Operating in synergy with the plant, the new storage system would become the first and the biggest innovation of this kind in the Baltic States, a press release from the group states. […]
On December 27, the Global Lithuania Awards 2018 ceremony was held at the National Philharmonic. 400 guests from tens of countries gathered to honour international Lithuanians and foreign professionals related to Lithuania, who have contributed to the growth of our country through their knowledge, connections, investments and other initiatives. […]
During the bridging of winter holidays Lithuanian police invited drivers to a friendly “Clean driver” raid in Vilnius. Tens of drivers responded to the invitation on Facebook. While treating themselves to a warm cup of coffee, provided by Lithuanian coffee shop chain “Vero cafe”, drivers had the opportunity to have a chat with the officers, check their driving history, and ask questions that they were interested in, a press release from the Lithuanian Police Department states. […]
TransferGo, one of the world’s fastest growing money transfer companies, is announcing today the close of a Series B funding round for $17.5 million led by Vostok Emerging Finance and Hard Yaka from Silicon Valley, with participation from Revo Capital, U-Start and Practica Capital. […]
Lithuanians is the only nation who preserved such a unique and symbolic baked treat as kūčiukai, says ethnologist Nijolė Marcinkevičienė. Today kūčiukai are more and more rarely baked at home so they lose their symbolic meaning. It is common that there is a variety of flavors of kūčiukai found on store shelves, however, they are very far from the traditionally baked Lithuanian goods. Therefore, according to an ethnologist, it’s very important to preserve the true secret of baking traditional kūčiukai so that traditional recipes continue to be transmitted from generation to generation. […]
After information being released at the Prosecutor General’s Office on Wednesday on spying for Russia in Lithuania, Prime Minister Saulius Skvernelis also responded. He says he values the efforts of law enforcement and intelligence institutions in seeking to ensure security and stability within the country. […]
Vilnius and Kaunas have the most active real estate market in Lithuania, while the third largest city of Lithuania – Klaipėda – up until now has been hiding in the shadows and has been forgotten by participants of the real estate market. Experts of international real estate advisory company Newsec say that the capital of Lithuanian seaside, if supported by decisive action of local authorities, may have the potential for rebirth, and a ‘blue wave’ effect may be created. This is best illustrated by the example of Kaunas that has been rapidly growing in recent years, the recovery of which has been driven by a clear and far-sighted vision of the city authorities and by the support of this vision’s business initiatives, a press release from Newsec states. […]
Luminor economists forecast economy to grow at 2.7% next year in Lithuania, as external economic environment is expected to deteriorate. The GDP growth will be detained by increasingly active seismic zones in global macroeconomic landscape. Economists suggest that in the eve of cyclical slowdown, three ideas could help to prepare for slowdown, a press release from Luminor states. […]
The Blood Centre of the Vilnius University Hospital, Santaros klinikos, lacks A positive blood group supplies, the hospital said in a press release. […]
One of the most popular Lithuanian bakeries „Vilniaus duona” is counting its stable export results this year: 10 percent of total produced goods in 2018 were exported worldwide. […]
Copyright © 2026 | MH Magazine WordPress Theme by MH Themes