Articles by EN.DELFI

Railway station Christmas tree
Society

Can a Christmas tree send a social message? It can in Vilnius

December 18, 2018 EN.DELFI 0

A Christmas tree unveiled in Vilnius this week looks nothing like the shiny decorated trees usually associated with the holiday. Wrapped in a giant plastic bag, the tree at the Independent Christmas Town located at the Vilnius Railway Station serves as a reminder of the hyper-consumerism that tends to take over the holiday season, encouraging a more local and authentic approach to Christmas instead, a press release from Go Vilnius states. […]

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LIGHT

Brewers’ experiments with unexpected tastes and aromas surprise people

December 17, 2018 EN.DELFI 0

More and more people are aware that beer has more properties than light or dark color. Brewers are constantly looking for different tastes – tastes that could surprise the consumers. Therefore, their new recipes are inspired by even other beverages, such as whiskey or wine, and their making techniques. Americans were the first ones to remember such production principles and Lithuanian brewers are following them as well. […]

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Economy

Lithuanian start-ups attracted EUR 70 million in investments in 2018, further breakthrough will be determined by environment improvement

December 17, 2018 EN.DELFI 0

In 2018, the Lithuanian startup community achieved the record-breaking results, i.e. attracted EUR 70 million in investments from abroad and Lithuanian investment funds. At the same time a legal basis for a better business environment was being developed for innovative Lithuanian business, what will determine a more significant breakthrough of the Lithuanian startup ecosystem next year, a press release from Startup Lithuania states. […]

M with the octopus
Society

Our throwaway culture and how to save our children from it

December 14, 2018 EN.DELFI 0

Christmas is one of the most wasteful times of the year. There is no better way to spend your hard-earned money than by investing in your children’s future with the help of this book. […]

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Economy

A new money transfer startup goes to market donating its income for social campaign

December 13, 2018 EN.DELFI 0

Due to the growing financial awareness of the people, alternative money transfer platforms are coming more and more popular. At first, their popularity arose among abroad working people, who send money to their relatives or pay taxes. In recent years, the circle of legal entities using these services has also grown greatly. More and more people are searching for ways, not to overpay for banks and choose to make money transactions, by using money transfer platforms. In Lithuania, such platforms are quite a new innovation, but their initiative and obvious benefits attract bigger and bigger number of users, a press release from TurboTransfers states. […]

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Economy

Revolut turns new page with Lithuania-facilitated banking license

December 13, 2018 EN.DELFI 0

Today, Revolut together with the Bank of Lithuania have announced that the challenger bank received a Specialised Banking License, which will allow offering and passporting an even wider range of solutions to customers in Europe. The move of getting a license in mainland Europe has been considered by many a hedge against Brexit. Having received both the Specialised Banking license and Electronic Money Institution facilitated by the Bank of Lithuania, Revolut is now effectively safe from any decision regarding Britain leaving the EU. From 2019, Revolut will start accepting deposits and offering retail and business lending, making it an even bigger rival for traditional banks, a press release from Invest Lithuania states. […]

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Economy

Moody’s chooses Vilnius for its new European location

December 11, 2018 EN.DELFI 0

Moody’s Corporation has chosen Vilnius, Lithuania as the location for its newest European office. Moody’s provides credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s expects to grow its new office over the next few years and chose Vilnius over a number of other European cities. Hiring of staff in Vilnius is expected to start in January, 2019, a press release from Invest Lithuania states. […]

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LIGHT

Christmas gift trends: instead of things giving experiences

December 11, 2018 EN.DELFI 0

Streets decorated with Christmas lights, sounds of Christmas music in supermarkets or offices decorated with Advent calendars remind us of Christmas nearing. However, the main sign that the real Christmas fever has already started is the search for gifts. Although in December, there are queues in shops, nowadays you can notice a trend that instead of looking for material things, people are increasingly choosing gift vouchers for entertainment or recreation. […]

Economy

Startup idea trends: What direction are modern day innovative entrepreneurs taking?

December 11, 2018 EN.DELFI 0

Today the globe experiences a massive penetration of information technologies and artificial intelligence into the business environment – automated processes or voice command devices are a present-day trend. Lithuanians are also actively heading their way in these fields – according to the latest data of Startup Lithuania, 81 per cent of new startups are established in the IT field at hackathons. […]

Ieva Dosinaitė
Economy

Ellex Valiunas: a new partner and a new team of leaders

December 11, 2018 EN.DELFI 0

A new partner Ieva Dosinaitė is joining the firm as of 10 December 2018. Ieva Dosinaitė, who is commended for excellent negotiation and analytical skills in financial transactions, acted as a trusted legal advisor for many international financial institutions, next-generation financial institutions, banks and Lithuania’s largest business groups. Her high level of expertise has also been showcased in many projects strategically important for Lithuania. Before joining Ellex Valiunas, Ieva Dosinaitė was head of the finance industry group at the law firm TGS Baltic. […]

Kūčiukai
LIGHT

Lithuanians maintain the tradition of ‘Kūčiukai’

December 10, 2018 EN.DELFI 0

As Christmas Eve is soon approaching, both packaged ‘kūčiukai’ (Note: very small, slightly sweet pastries) and ‘kūčiukai’ in bulk find themselves in the buyers’ shopping carts more and more often. Traders count that as much as up to 150 tons of ‘kūčiukai’ are bought before the holidays. These baked goods are found on the festive table not only in different places in Lithuania, but also in other countries, where there are people who cherish Lithuanian traditions. Researchers of Lithuanian customs claim that the tradition of eating ‘kūčiukai’ symbolised the relationship between the man and the bread. In the past, ‘kūčiukai’ were as big as the size of a palm. What kind of ‘kūčiukai’ do Lithuanians prefer today? […]

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Economy

Heating season has started: Lithuanian homeowners face the poorest heat retention in the Baltics

December 10, 2018 EN.DELFI 0

Start of a new heating season not only boosts household bills for the municipal services, but also calls for attention towards heat sufficiency. Despite the above-zero temperature up to the mid November in the country, Lithuania has been the least successful in passing the test of colder temperatures in the Baltics – homes in Lithuania provide the least comfort to their residents, a press release from Rockwool states. […]