Uruguay
Economy

Baltic digital media agency expands its footprint to Uruguay

FCR Media, the leading Digital Media Agency controlled by the Baltic private equity fund BaltCap, expands its operations to Uruguay. Through the acquisition of controlling stake of Volt Directories S.A. Ltd. in Uruguay, FCR Media Group enters its 1st market in Latin America and adds the 12th market to its diversified portfolio of geographies. This is the first investment in Latin America by FCR Media, which offers integrated media solutions for digital campaigns of SMEs. […]

Medžių lajų takas Anykščiuose
Culture

Lithuania opens unique treetop walkway

A canopy walkway was on Friday officially opened for the public in Anykščiai, eastern Lithuania. The treetop walk, meandering in the picturesque forest of Anykščiai Regional Park, is the first and so far only such structure in Lithuania and Eastern Europe. […]

Lithuanian PM congratulates new Moldovan prime minister

Lithuanian Prime Minister Algirdas Butkevičius on Friday congratulated Moldova‘s new pro-European Prime Minister Valeriu Strelet on his appointment and formation of a new Cabinet. […]

No Picture
Society

Civil society forum in Raseiniai brings together young professionals from Central and Eastern Europe

On 23-26 July 2015, the “Europe Lab” Forum in Lithuania brought together around 80 young professionals aged between 25 and 35 from Belarus, Bosnia and Herzegovina, Germany, Hungary, Italy, Lithuania, Norway, Poland, Romania, Russia, Slovenia, Sweden, Ukraine, and other countries. […]

No Picture
Economy

Baltic Innovation Fund to make additional funding available for SMEs

The innovative fund-of-funds investment initiative – the Baltic Innovation Fund (BIF), dedicated to boosting equity investments made into Baltic enterprises, launched by Lithuania, Latvia and Estonia and the European Investment Fund (EIF), has been increased. The EUR 30 million increase of BIF is expected to translate into an additional EUR 100 million of private equity and venture capital funding available in the Baltic States over the next 5-7 years, Startup Lithuania reports. […]

Economy

Orlen Lietuva delivers good financial results following restructuring

Orlen Lietuva benefits from restructuring and very favourable macroeconomic conditions. Production capacity utilisation reached 86 percent in the second quarter of 2015 (reaching 92 percent in June, which was the highest level since two years). […]