Handshake
Economy

Study shows Lithuanians believe to be most business-savvy among Balts

Lithuanians believe that the most important thing for the start of the business is having enough savings and a great business idea (76 percent), while Latvians view know-how as the most important (73 percent) and Estonians think that the most important thing is an idea and know-how (79 percent), shows a survey of entrepreneurship of residents of the Baltic states conducted by Spinter research (Spinter Surveys) for DNB bank. The survey was published on Thursday. […]

Kaunas Free Economic Zone
Economy

New details in Hella’s investment story: German giant chooses Kaunas FEZ

Hella KGaA Hueck & co., a German manufacturer of lighting technology and electronics products for the automotive industry, and the Lithuanian Kaunas Free Economic Zone have finalized a long term land lease agreement. During the first stage of development up to €30 million investment in a production plant is planned and this will create up to 250 new jobs. Depending on the pace of growth, more investments are expected in the future. […]

WOD
Freetime

Let‘s make Lithuania famous together

World of Dance is an international dance competition, which is the biggest event in urban dance world today. The event gathers around dancers from more than 30 countries, including Asia, Europe and USA. From this year Lithuania is in the list as well! Competition stimulates the art of urban dance to be spread and prompts enthusiasm of incredibly talented dancers from all over the world. Hundreds of participants and thousands of spectators gathers every year to watch performances and support artists that comes to represent their countries in the worldwide finals and contend for the title of the best dancer in the world. […]

Rain in Vilnius
Society

Flooded Vilnius in pictures

Many Lithuanians woke up this morning to a sever rain, bright and loud thunderstorms. According to the Vilnius Municipality this was the most intensive rain since 1993. Some Vilnius streets are flooded, a few traffic lights out of order. The taxi drivers are charging the Christmas fee and some 7000 Vilnius’ region residents are left without electricity. […]

the Homeland Union-Lithuanian Christian Democrats Political Group in the Seimas
History

Motives behind recognising the Communist Party as a criminal organisation

The Seimas of the Republic of Lithuania, on June 26 adopted a Resolution recognising the Lithuanian Communist Party (LCP), which functioned during the Soviet occupation in Lithuania, as a criminal organisation. A similar draft resolution was initiated in the Seimas two years ago, however, the former ruling coalition rejected it without a consideration. This time, the Resolution won support of a vast majority of Members and was adopted with only one vote against, the Homeland Union-Lithuanian Christian Democrats Political Group in the Seimas said in a press release. […]

Utsava Kasera
Global LT

New Lithuania’s admirer from India

Read an interview with businessman from India Utsava Kasera. He is in love with Lithuania and planning to return again! […]

Hyperloop One technology
Economy

Hyperloop One representatives: Lithuania might be part of the project

In Los Angeles, Minister of Economy Mindaugas Sinkevičius visited one of the most advanced global companies — Hyperloop One — which is engaged in creating a new generation transport system. At the meeting, the company’s representatives presented the technology and vision they are working on: to connect Scandinavia and the Baltic States as well as Poland and Germany via the Hyperloop One transport corridor; they also proposed that Lithuania could participate in this process Ministry of Economy reported. […]

GoVilnius Director Darius Udrys and Filmmaker Romas Zabarauskas
Freetime

Lithuania’s LGBT friendly map endorsed by the capital

While Lithuania is often criticised for homophobic laws and attitudes, her big cities are taking their own initiative to change the country’s course for a more progressive and inclusive society. Wednesday, June 21, a Friendly Vilnius map was issued and 20.000 free copies distributed across the city. This is the 5th edition of the map, a project which has been highlighting LGBT friendly establishments since 2012. […]

Lithuanian stand in the Munich (Germany) Fair, which will take place June 26-29
Economy

90 our of 100 universities in the world request Lithuanian lasers

One of the things Lithuania is best known for is the laser industry. While perhaps not at the very pinnacle of the industry, the country does not compare all too poorly against highly developed states such as the USA, Germany, France, China and others. And at the same time the industry shows no signs of slowing down, with growing sales and increasing numbers of manufacturers, which should keep Lithuania within the top echelon of the laser industry. […]