The New Honorary Doctor of KTU Klaus Schwab
Economy

Klaus Schwab: Lithuania is a country with great Potential”

13 October the regalia of honorary doctor of Kaunas University of Technology (KTU) were awarded to Professor Klaus Schwab, the Founder and Executive Chairman of the World Economic Forum, the international organisation, which is encouraging the collaboration between public and business organisations. Professor Klaus Schwab is the 45th Honorary Doctor of KTU. […]

Food shop in Lithuania
Economy

Lithuanian innovation will facilitate processes in the food and beverage market

The Correling labelling platform for food products and beverages is launching a smart solution for business that offers significant savings in both time and money. To meet specific business needs, the platform offers a free label development function which offers a completely professional translation and verification service. […]

Jungiasi DNB ir Nordea bankai
Economy

European Commission approves Nordea and DNB plans to enter into a merger in the Baltics

The European Commission approved unconditionally the creation of a joint venture between Nordea Bank AB and DNB Bank ASA, in the Baltic States. The Commission assessed the possible competitive effects of the merger on a number of distinct retail and corporate banking markets across the three Baltic countries and concluded that the merger would not raise competition concerns. […]

Air navigation at the airport in Vilnius
Economy

Baltic Functional Airspace Block strengthens cooperation with Ukraine

On September 12, 2017, founders of the Baltic Functional Airspace Block (Baltic FAB) – Lithuanian Air Navigation Service Provider Oro navigacija and Polish Air Navigation Services Agency PANSA – signed a memorandum of cooperation with the Ukrainian Air Traffic Agency UkSATSE, Oro Navigacija announced in a press release. […]

At the the festival “Mados infekcija” (the Fashion Infection)
Society

Clock is ticking – “Injekcija” is waiting for applications of talented fashion designers

The biggest fashion design contest in the Baltic States “Mados infekcija” (the Fashion Infection) is providing an opportunity for talented fashion designers to present their work on the great catwalk for the 11th time – by participating in the contest “Injekcija” (the Injection). The winners of the contest, traditionally taking place in autumn, will show their collections in the festival “Mados infekcija” (the Fashion Infection) 2018 in the spring of 2018. This year’s theme for “Injekcija” (the Injection) is time. […]

No Picture
Economy

Lithuania has a great potential to become the leader of financial technologies in the region

20 Lithuanian companies of financial technologies merged into the association “Fintech Lietuva”, the establishment of which has been encouraged and supported by the Ministry of Finance, Bank of Lithuania and other public authorities. […]