Statoil
Energy

Litgas and Statoil prepare joint venture to enter Baltic Sea small scale LNG market

Natural gas supply and trading company Litgas, part of Lithuania’s state owned energy holding Lietuvos Energija, and Norway‘s Statoil, a leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services, Litgas reports. […]

No Picture
Economy

Lithuanian agriculture company to embrace organic farming

A strategic turn: Agrowill Group launches the development of a business model based on the principle of sustainable and environmentally-friendly organic agricultural production. […]

Vitas Vasiliauskas
Economy

Bank of Lithuania chief: New measures to enhance financial system stability

The results of stress testing revealed that the domestic financial system is ready to withstand a sharp deterioration in the state of the economy or financial markets. New macroprudential requirements for banks, to be applied from this year, will help enhance the stability of Lithuania’s financial system. Such conclusions are presented in the Financial Stability Review published by the Bank of Lithuania, reports the Bank of Lithuania. […]

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Society

Seventeen Lithuanian students received The Duke of Edinburgh‘s International Awards at British Embassy in Vilnius

The British Embassy in Vilnius hosted an award ceremony to recognize the achievements of the participants of the Duke of Edinburgh International Award. This year, 17 participants of the programme received 15 Bronze and 2 Silver Awards. […]

Vilniaus oro uostas
Economy

Lithuanian Airports authority surveys foreign aviation experts on myths about Lithuania

Over 60 percent of foreigners can still be surprised by the fact that Lithuanians love pink-coloured soup, the state company Lithuanian Airports had an opportunity to learn this while presenting the country with a fun video at the international aviation event. Participants were asked to vote on whether the facts about Lithuania and Lithuanians are true or just a myth. They will be able to test the correctness of their answers next year when one of the most important events of aviation world will be held in Vilnius, Vilnius Airport said. […]

No Picture
Economy

Risk experts: Global threats are closer to Lithuania than they seem

Big companies operating in Lithuania and public institutions should assess terrorism, cyber terrorism and social unrest risks and decide on the kind of protection strategy to use, risk experts say. […]

Kristina Bagdonaitė. Photo MRU
Culture

MRU language students on learning French in La Rochelle

Vilnius Mykolas Romeris University (MRU) students say studying French language has been “an incredible experience” allowing to get to know French culture and taste world-renowned French cuisine, while studying abroad. […]