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. […]

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. […]

U.Kasera with fashion designers and top Lithuanian fashion models
Society

U. Kasera on the celebration of the 70th anniversary of India’s independence in Vilnius

An exceptional reception commemorating India’s 70th Anniversary of Independence took place in Vilnius, Lithuania on 17th of August in Vaidila theatre. Among the attendees of the festive reception, there were Ministers, Diplomats, business elites from Lithuania and India, famous artists and public figures. Ambassador of India to Lithuania Ajay Bisaria, Wing Commander (Retired) Rajinder Kumar Chaudhary, Honorary Consul of India to Lithuania and Minister of Education and Science Jurgita Petrauskienė gave the opening speeches. A Rich cultural program was presented during the solemn event including fashion shows of traditional wedding dresses by Indian designers “Silver Tulip” and internationally acclaimed fashion brand “Shantanu & Nikhil” that in the year 2016 won the “Best Designer” of the year award in “GQ India Awards”. […]

No Picture
History

When the leaders of the Commonwealth and Russian Empire met in Biržai for entertainment and secret agreements

In the early 18th century, Europe was crippled by two major wars. France was preparing to go to war with Western Europe (England, the Holy Roman Empire and many German principalities) over the Spanish Succession. Meanwhile, in Eastern Europe, Russia, Denmark and Saxony agreed to attack Swedish possessions and share them out between themselves. The Republic of the Two Nations found itself in an anomalous position. […]

India's Independence day celebration
Society

Celebration of 70th anniversary of India’s independence in Vilnius stunned with exquisite cultural program

On Thursday evening a solemn celebration of 70th Anniversary of India‘s Independence took place in Vilnius, Vaidila theatre. During a festive evening, the 25th anniversary of Indo-Lithuanian relations was also commemorated. Opening speeches were given by Ambassador of India to Lithuania Ajay Bisaria, Wing Commander (Retired) Rajinder Kumar Chaudhary, Honorary Consul of India to Lithuania and Minister of Education and Science Jurgita Petrauskienė who emphasized the importance of personal links that are essential in bringing countries together and hoped that there are going to be growing numbers in exchange students coming from India to Lithuania. Ministers, Diplomats, business elite of Lithuania and India, representatives of the cultural and entertainment sectors were among the honorable attendees. […]

Indian girls
Foreign affairs

70 years of Indian independence and 25 years of relations with Lithuania

This year India is celebrating its 70th Anniversary of Independence and has become one of the most important economic, political and cultural centers in the world. August 15, 1947, the Indian Independence Bill took effect and during the last seventy years since that time a free, democratic country has reached new heights and gained international recognition in various fields such as space technology, physics, medicine, chemistry, literature, music, film industry or sports achievements. Moreover, the country’s diverse cultural heritage and spectacular landscape have meant that India is currently one of the most attractive tourist areas. […]

Vilnius Tech Park
Economy

Global incubator 1776 selects Vilnius Tech Park to host Challenge Cup startup competition

Global Network for Innovation 1776 and Lithuania’s biggest ICT hub Vilnius Tech Park today announced they will join forces on 22 September in Vilnius to organise a local round of Challenge Cup 2017, an annual global competition around the world to identify the most promising startups that solve the world’s biggest challenges. This year Vilnius is one of 75 cities, where the competition is taking place, including Dublin, Athens, Dubai, Osaka. […]

euro
Economy

Strong growth continues: GDP up by 3.9% in Q2

The Lithuanian government and the businesses can relax for now and enjoy their summer vacation – the Lithuanian economy continues growing at an accelerated pace . The Lithuanian GDP increased by 3.9% in Q2 of this year, compared to the same period a year ago. Meanwhile, in quarterly terms, the seasonally adjusted GDP increased by 0.6%. The annual growth for Q1 was revised up by 0.2 pp to 4.1%, Swedbank announced. […]