Cricket equipment
Society

Kaunas becomes cricket capital of Lithuania

“In India language changes every thousand kilometres, and everyone worships their own god. Regardless of that, cricket is being played everywhere”, says J. K. Tandon, CEO of A&Z Exports International. Last week the Indian company has donated cricket equipment to the Kaunas University of Technology (KTU) in Lithuania. Cricket team at KTU, the second largest university in Lithuania with almost 300 students from Southeast Asia, has been founded in 2013. […]

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. […]

Rimantas Sinkevičius
Politics

Lithuania’s transport ministry proposes new operating model for state companies

Lithuania’s Ministry of Transport and Communications together with independent consultants, after analysing all legal and financial options, submitted a proposal to set up a new corporate group formed from companies of the transport sector, the ministry reports. […]

No Picture
Economy

Cross-border healthcare – a slow take up for Lithuania

When it comes to cross-border healthcare, for countries like Lithuania the vision was to offer Western countries shorter waiting times and significant reductions in treatment costs. […]

No Picture
Culture

Lithuanian Film Centre distributes nearly EUR 400,000 state aid for film projects

The Lithuanian Film Centre has granted €390,378 of state funding for 14 national film projects. Nine projects – including one interactive project – were granted financial assistance for development, and five film projects – two features, one documentary, one short animation, and one short fiction film – received support for the production. […]

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. […]

No Picture
Culture

What should replace Green Bridge statues: Grand Duke Vytautas or Spongebob Squarepants?

Following a prolonged public debate, this week Vilnius authorities have removed four groups of Soviet-era statues that have stood on the Green Bridge since the early 1950s. What remain are four empty-looking pedestals overlooking the banks of the Neris River. People of Vilnius have already started making proposals for what should replace the old statues. […]