Minister of Economy Evaldas Gustas
Economy

Startup investment fund planned by Ministry of Economy

The Ministry of Economy is planning a potential investment fund that would provide seed capital and co-investments to newly formed small and micro businesses, or startups. The measure being considered to form the fund would also help develop the alternative First North market, a stock exchange geared towards smaller companies in the Nordic region, by preparing those companies to enter the regulated securities market. […]

Kids playing football
Society

Physical education tests for children may return

If the Ministry of Health has its way, Lithuanian schoolchildren in grades 5-12 will once again hold physical education tests that would evaluate their balance, flexibility, endurance, cardiac health and general physical health. Representatives at the ministry believe that this would help the ministry focus more on physical education, as the ministry currently does not have a centralized database on children’s physical health and activity in Lithuania. […]

Lithuanian runners in Portland, Oregon
Society

Lithuanians around the world run ‘path of life and death’ to commemorate January 13th

Every January, Lithuanians participate in an annual winter run called “Gyvybės ir Mirties Keliu“ (The Path of Life and Death) to commemorate the people that died in Lithuania during the events of 13 January, 1991. This tradition has spread throughout the Lithuanian diaspora, and even the Lithuanian community in the states of Washington and Oregon ran in Portland to commemorate this important day. […]

Lithuanian Armed Forces
Defence

New motorized infantry brigade will be formed in Western Lithuania in 2016

Starting on 1 January, 2016, a new motorized infantry brigade named Žemaitija will be formed in Western Lithuania. […]

Economy

Lithuania launches comprehensive immigration information tool

A new information portal designed to ease immigration to Lithuania for highly-skilled specialists and investors from outside the EU is launching this week. The project, entitled Internet Gates, is managed by Invest Lithuania, the foreign direct investment development agency. […]