Articles by Lithuania Tribune

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

June 15, 2017 Lithuania Tribune 0

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. […]

Liquefied natural gas (LNG) terminal in the Lithuanian port city of Klaipėda
Energy

Baltic PMs visiting Lithuania’s LNG terminal in Klaipėda

June 9, 2017 Lithuania Tribune 0

The prime ministers of the three Baltic states are visiting the liquefied natural gas (LNG) terminal in the Lithuanian port city of Klaipėda on Friday as part of the so-called LNG tour that was kicked off in Estonia to provide a platform for the prime ministers to discuss a regional LNG terminal and the possibility to secure European support. […]

German falg
Economy

Lithuania is attractive investment location to German business

May 24, 2017 Lithuania Tribune 0

According to the German-Baltic Chamber of Commerce (AHK) economic survey 2017, Lithuania is one of the best locations in Central and Eastern Europe. Companies in Lithuania want to invest more and expect they will need more staff. However, increasing wage costs are expected. The scores for the fight against corruption, transparency of procurement and the availability of skilled workers slightly dampen the positive mood, German-Baltic Chamber of Commerce informed in a press release. […]

Flags of the three Baltic states
Economy

German business gives top ratings for the Baltic States

May 24, 2017 Lithuania Tribune 0

The Baltic States are among the best locations in Central and Western Europe. According to the economic survey conducted in 2017 by the German-Baltic Chamber of Commerce (AHK), Estonia, Latvia and Lithuania are outperforming the Czech Republic, Poland and Hungary, German-Baltic Chamber of Commerce announced in a press release. […]

Saulius Skvernelis ir Ramūnas Karbauskis
Politics

Popularity of ruling party on decline – poll

May 22, 2017 Lithuania Tribune 0

The popularity of the ruling Lithuanian Farmers and Greens Union (LFGU) and its leaders is on the decline, according to the latest opinion poll conducted by Vilmorus and published by the daily Lietuvos Rytas on Saturday. […]

With the Danish flag
Economy

Danish IT firm to establish development team in Vilnius

May 17, 2017 Lithuania Tribune 0

Trustpilot, considered one of Denmark’s most promising startups, is establishing a product development division in Vilnius. In the next two years, the company, which operates one of the world’s largest online review communities, plans to build a team of approximately 40 software system engineers in the Lithuanian capital. Initially, this team will be responsible for the infrastructure of big data and authentication systems that the Trustpilot platform is based on. […]

e-commerce
Economy

Lithuanian e-commerce traditions

May 16, 2017 Lithuania Tribune 0

Since e-commerce is rapidly becoming more widespread in Lithuania and the number of new online shops is growing, the habits of the population are changing as well. The number of people making purchases online that has recently been consistently on the rise shows not only consumers’ loyalty to Lithuanian online stores, but also reveals the fears of those who are still reluctant to buy from online stores. […]