Economy

Inter RAO Lithuania sells less but operates at a profit

One of the largest independent suppliers of electricity in Lithuania, Inter RAO Lietuva Group has published its results for the nine month period which ended on 30 September, 2015. […]

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Economy

Lithuanian engineering industry presented its potential in Sweden

On 11 November, Lithuanian Ambassador in Sweden Eitvydas Bajarūnas and Commerce Attaché Audrius Masiulionis visited Jönköping city, situated in the south of Sweden, where they discussed economic cooperation with representatives of the local business community, visited Husqvarna factory and the annual exhibition ELMIA Subcontractor. […]

Defence Minister Juozas Olekas

Nordic defence ministers agree to step up security and defence cooperation

On 10 November, defence ministers of NB8 (Nordic-Baltic Eight) countries approved Lithuania’s and Sweden‘s proposals on strengthening Nordic-Baltic defence cooperation. Ministers agreed to enhance the cooperation in areas like hybrid warfare, cyber security, joint exercises and operations, updates and procurement of weaponry, rendering assistance to Georgia and Ukraine under the Nordic-Baltic Assistance Programme, and others, the Ministry of National Defence said. […]

Klaipėda
Energy

Electricity consumers in western Lithuania to test NordBalt link

In late November, 24,000 Lithuanian consumers will receive electricity from Sweden for the first time. During a half an hour special test when the Lithuanian electricity system operator Litgrid is planning to verify the NordBalt black-start feature, the residents in Klaipėda and Šilutė districts will be provided with electricity from a single source – the Lithuanian and Swedish interconnector NordBalt, Litgrid reports. […]

Palanga Airport
Economy

LOT launches air connection with Palanga in western Lithuania

As of 28 March, LOT Polish Airlines will be offering air service between Palanga in western Lithuania and Warsaw in Poland, Palanga Airport reports. […]

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Defence

Five military exercises planned in Lithuania in November

Five national and international military exercises are planned in Lithuania in November. Lieutenant General Jonas Vytautas Žukas, the Chief of Defence of Lithuania, says that these exercises, which involve thousands of soldiers and considerable military equipment, do not only show Lithuania‘s preparedness to defend itself, but also NATO‘s attention to collective defence in Eastern Europe. […]

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Economy

Lithuania’s industrialists to organise Annual Economic Forum

On 1 December 2015, Lithuanian Confederation of Industrialists (LPK) is organizing its Annual Economic. Experts and representatives from leading global competitors, like Switzerland, Germany, USA and business leaders from other countries, shall discuss on global and European issues, including progress and issues of competitiveness in Lithuania, the Lithuanian Confederation of Industrialists said. […]

Society

Victims of WWI honoured in Lithuania

Remembrance Day commemoration to honour victims of WWI and WWII started on November 8. […]