EN.DELFI, Author at the Lithuania Tribune

Lithuanian robotics industry is ready for a growth spurt: from robots that think to smart things that save lives

December 10, 2018 EN.DELFI 0

The latest innovative products and solutions under development and already in application by Lithuanian business and science were presented at the press conference “Innovative Lithuania: Science and Business Solutions and a Look at 2019” dedicated to topicalities of robotics and digitalization. It was attended by numerous representatives of business and science who discussed today’s robotic situation in Lithuania and in the world, the trends and forecasts in this area, and shared their experience and challenges in the application of innovations. […]

Ellex wins prestigious Mergermarket M&A Award for the Baltics

December 7, 2018 EN.DELFI 0

Ellex was awarded “Baltic M&A Legal Adviser of the Year” at Mergermarket’s prestigious European M&A Awards 2018 ceremony in London on Thursday, 6 December. Our Corporate/M&A partners Sven Papp, Raimonds Slaidins and Paulius Gruodis accepted the award on Ellex´s behalf at the ceremony. The award is Ellex’s fourth notable recognition received in 2018. […]

AI goes banking: Ondato presented unique KYC solution at Slush in Helsinki

December 7, 2018 EN.DELFI 0

Major start-ups conference Slush in Helsinki featured a Lithuanian accent as Vilnius based fintech company Ondato presented its unique KYC (Know Your Customer) solution for the community of start-up creators and investors. Based on biometrics and AI technologies, Ondato KYC have already made history a month ago when it became a finalist of Lighthouse project implemented by MasterCard and investment fund NFT Ventures. Ondato have already launched pilot project of implementing its new solution at one of Lithuanian banks. […]

A growing number of Balts are struggling with debt despite the growing economy

December 6, 2018 EN.DELFI 0

In the wake of a long period of economic growth, savings have gone up – but so has indebtedness. A growing number of people are struggling: every fifth European needs to borrow in order to pay bills. That group has increased from 15% three years ago to 20% this year. In the Baltics, the situation differs from country to country. Every third Latvian has borrowed money to pay bills. In Lithuania, the situation is comparable to the EU average (19%), while in Estonia the numbers are relatively low and only 12% of consumers have borrowed money in the last 12 months in order to pay bills. […]

Zuokas to run for Vilnius city mayor

December 6, 2018 EN.DELFI 0

Former Vilnius city mayor, Lithuanian Freedom Union leader Artūras Zuokas has decided to run for city mayor once again, according to a post on his Facebook profile. […]

Contribution of volunteers to the budget of Lithuania – even 7.4%

December 6, 2018 EN.DELFI 0

Celebrating the International Volunteer Day we are pleased to announce that more people in Lithuania are dedicating their time for volunteering. Congratulations to every citizen for such a conscious choice, which adds value to the various non-profit organizations, raises the social capital of the individual, and also contributes to the state budget, a press release from the Non-Governmental Organizations Information and Support Centre states. […]

Flights from Lithuania to the UK were Most Frequent in November; Most Popular Direction of Overflights: to Russia

December 5, 2018 EN.DELFI 0

Flights to the United Kingdom made up the largest number of flights operated from Lithuania in November 2018, and as to the flights crossing the Lithuanian airspace by transit, most frequent were overflights to Russia, a press release by Oro Navigacija states. […]

Smart Energy Fund together partners is investing in Sterblue

December 5, 2018 EN.DELFI 0

Smart Energy Fund powered by Lietuvos Energija, managed by Contrarian Ventures is investing in French and US start-up Sterblue which develops software for non-pilot aircraft (drones) allowing inspecting power lines and wind turbines without human intervention, a press release from Lietuvos Energija states. […]

Health behaviour in School-aged Children (HBSC) study: the health and lifestyle of Lithuanian children and adolescents are improving

December 4, 2018 EN.DELFI 0

Every 4 years since 1994, the Health Research Institute of Lithuanian University of Health Sciences conducts the Health Behaviour in School-aged Children study (HBSC) about children in grades 5 to 9. The study is coordinated by the World Health Organization. The main goal of this study is to evaluate children’s and adolescents’ health and its determinants as well as understand young people’s behaviour in a health and social context. In 2018, 4191 pupils from 64 Lithuanian schools participated in the study, which was conducted for the seventh time, thus enabling the assessment of 25 years trends, a press release from the Lithuanian University of Health Sciences states. […]

Classifier of Lithuanian influencers has been created

December 3, 2018 EN.DELFI 0

Growing popularity of Lithuanian opinion leaders in social networks sites (SNSs) among many others has attracted the attention of scientists. Researchers at Kaunas University of Technology (KTU) together with Smart Communication Agency Idea Prima have created classifier of influencers which will be constantly updated and refined. […]

Vilnius’ Christmas tree starts the countdown to Christmas

December 3, 2018 EN.DELFI 0

Anticipation was high leading up to the annual lighting of the Christmas tree at Vilnius’ Cathedral Square this evening. Lithuania’s capital has received a lot of global attention over the years for its unique and stunning Christmas Trees, and this year’s creation, which looks like a giant clock from above, certainly did not disappoint. […]

Latest EU study: three out of four Lithuanians work at small and medium-sized enterprises

December 3, 2018 EN.DELFI 0

Small and medium-sized enterprises (SMEs) create three out of four jobs in Lithuania and that is 10 % higher than the EU average. SMEs are economic growth drivers in Lithuania as stated in the “Small Business Act” for Europe report published by the European Commission. This is the latest EU study aimed at assessing measures for improving environment for small and medium-sized business. […]

Struggling to find employees: making lists and bringing in from abroad

November 30, 2018 EN.DELFI 0

On Wednesday, the cabinet approved the Ministry of Interior’s proposal to form a list of the most demanded professions. It includes 40 professions the public sector is lacking. It has been decided that specialists on the list will be granted simplified employment conditions. Furthermore, they will be granted double the wages of professions not on the list. Solely forming this list will not solve the lack of staff in the country, the chairwoman of the Lithuanian Trade Union Confederation (LPSK) says. […]

Among the best digital innovations in the world – even two winners from Lithuania

November 30, 2018 EN.DELFI 0

On 27 November 2018, winners of the World Summit Awards under the auspices of the United Nations were announced (www.worldsummitawards.org) – Top 5 content solutions in each of 8 WSA categories. This year, even two Lithuanian projects were ranked among Top 40 digital innovations: Pulse Tip (Pulsetip) was declared the winner in the business and commerce category, and Computers for Children (Computer Support Foundation) – in the teaching and education category. […]

Consultations begin on equity token practical application: will Lithuania be first?

November 30, 2018 EN.DELFI 0

With solutions based on distributed ledge technology and blockchain rapidly gaining popularity, the demand for technologically reliable and legal means to organise property and other securities circulation when using these technologies appears. […]

Mockup of Charlie Pizza at Vilnius Airport

Wider choice of food for passengers: new pizzerias to open at Vilnius Airport

November 29, 2018 EN.DELFI 0

In the very near future the passengers of Vilnius Airport will have more options while spending their free time before departure. New-concept “Charlie Pizza” pizzerias will open in the extended commercial area of the air gateways of the capital at the beginning of next year. After their opening, 11 catering outlets offering different varieties of food will be operating at the airport, a Lithuanian Airports press release states. […]

Magic awaiting in Vilnius, the capital of Christmas

November 29, 2018 EN.DELFI 0

Vilnius, which is titled one of the most magical Christmas cities in Europe, introduced a 5-week winter holiday programme, as impressive and full of miracles and surprises as always. So what magic can residents and guests of the city expect this year in the Christmas capital? […]

Lithuanian student won the “Best First Year Dealer” title for making a profit of 25 000 dollars

November 29, 2018 EN.DELFI 0

Through the Southwestern Advantage program 46 Lithuanian students spent their summer in the US practicing their marketing and entrepreneurial skills and selling educational books. The best seller turned out to be a Lithuanian student who in only three months made a personal profit of 25 000 dollars. […]

Millions around the world support initiative urging Amazon to scrap goods with Soviet symbols

November 28, 2018 EN.DELFI 0

The terrible Soviet crimes against occupied Baltic nations and ignorant attitude towards history were discussed and broadcasted to a wide international audience on Thanksgiving. The programme on CNN was about insensitivity showed by Jeff Bezos and his Amazon Inc. to millions upon millions of Soviet crimes victims and their descendants. The #WhyNotSwastika campaign started after the Baltic States’ people discovered that the most popular American retail companies are selling goods with Soviet symbols. Some responded to it but the retail giant Amazon has ignored this plea so far. […]

Rolandas Kvietkauskas, Head of Lithuanian Film Centre

Lithuanian film tax incentive to be increased to 30%

November 28, 2018 EN.DELFI 0

Yesterday in Tallinn, during a special presentation at Industry@Tallinn & Baltic Event, Rolandas Kvietkauskas, the director of the Lithuanian Film Centre, presented to the international film community the results and future outlook of the government’s tax incentive for film production in Lithuania – the national tax incentive will rise to 30% in 2019. Kvietkauskas and producer Gabija Siurbytė (Dansu Films) discussed cases of successful tax incentive use, the scheme’s future prospects and important details filmmakers should know about the measure. […]