Articles by Lithuania Tribune
Economy
Lithuania will host 100 startup founders
One hundred young startup founders will come to Lithuania on October 1st-4th to take part in youth Davos which is also referred to as Shape Europe event. It is the annual meeting of World Economic Forum Global Shapers community that brings together its members from all over the world to discuss and proactively impact the global agenda. […]
Sports
Embassy of Israel invites to Trophy Basketball Tournament
The Embassy of Israel in Vilnius together with Šarūnas Marčiulionis Basketball Academy is organizing a youth basketball tournament in Vilnius. […]
Foreign affairs
President Grybauskaitė presents letters of credence to Lithuania’s new ambassador to USA
Lithuanian President Dalia Grybauskaitė has presented letters of credence to Rolandas Kriščiūnas, Lithuanian Ambassador to the United States of America, the presidency reports. […]
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. […]
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. […]
Global LT
Lithuanians join Magna Carta anniversary celebrations in Lincolnshire
A series of special radio plays exploring life in Lincolnshire for Lithuanians will be aired at a festival in Lincoln, England, this summer. […]
Culture
Steve Jobs biopic producer plans to shoot a film in Lithuania
American film producer David Traub, best known for his Steve Jobs biopic “Jobs” (2013), is visiting Lithuania where he says he is considering to shoot a film, reports LRT.lt. […]
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. […]
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. […]
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). […]
Culture
Gems of Lithuanian cinema to screen in Wrocław Film Festival
The 15th T-Mobile New Horizons film festival opens in Wrocław on July 23. Among other films it will feature the most distinct Lithuanian films created from 1959 to 2015. The special film programme Focus on Lithuania includes a record number of 30 features tracing the complex history and culture of the country during the Soviet period, the path to independence, and the decades of sovereignty. […]
Global LT
World Lithuanian Economic Forum invites to discuss business and science in Israel
The Lithuanian and Israeli businesspeople, diaspora members and people interested in fostering relations with Lithuania will meet for the seventh time this October in the World Lithuanian Economic Forum. […]
Economy
Lithuania’s Šiaulių Bankas acquires Bank Finasta
On 17 July, Lithuanian bank Šiaulių Bankas acquired 100 percent of the shares of AB Bank Finasta and the financial brokerage firm AB FMI Finasta for the sum of EUR 6.19 million, Šiaulių Bankas reports. […]
Economy
Reputation to be considered in Litgrid public tenders
Lithuania’s electricity transmission system operator Litgrid has updated minimum qualification requirements for its potential contractors. The updated requirements aim to make the evaluation process of the contractors more precise and efficient, as well as promote competitiveness within the energy industry companies, Litgrid reports. […]
Defence
Last German soldiers depart from Lithuania
On 16 June, last members of the 92nd Jaeger Battalion of the Bundeswehr deployed in Lithuania for combined training left for home. As part of the agreed NATO measures of deterrence over 200 German soldiers were conducting combined training and exercises for three months with soldiers from Lithuania and other NATO allies, Lithuania’s Ministry of National Defence said. […]
Economy
Two CEOs detained for attempt to bribe Lithuanian Competition Council employee
Officials of Special Investigation Service (STT) detained two CEOs for an attempt to bribe an employee of the Lithuanian Competition Council (KT). The KT‘s employee refused to accept 14,000-euro bribe, an equivalent of the employee’s annual salary, in exchange for a favourable decision in a suspected bid rigging case. […]
Culture
Lithuanian president opens exhibition in Sforza Castle on historic Lithuania-Milan ties
President Dalia Grybauskaitė, who is in Italy on a working visit, has opened an exhibition entitled Historical Ties between Milan and Lithuania: Bona Sforza and the Palace of the Grand Dukes of Lithuania in Milan’s Sforza Castle, the presidential press service said. […]
Energy
LitPol Link to receive EUR 27m funding from EU
The European Commission and European Union (EU) member-states have approved financial support in the amount of EUR 27.4 million for the LitPol Link power interconnection between Lithuania and Poland, Litgrid AB, the Lithuanian electricity transmission system operator, reports. […]
Lithuania issues statement on violation of Georgia’s sovereignty and territorial integrity by Russia
Lithuania’s Ministry of Foreign Affairs has expressed grave concern over the ongoing ‘borderization’ process along the administrative boundary line between the Georgian region of Tskhinvali/South Ossetia and the remaining territory of Georgia. […]