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
European Union

European Union to abolish mobile phone roaming fees

The Latvian presidency reached a provisional deal on the last day before the end of its term, according to which mobile phone roaming fees in the European Union will be abolished and open internet access will be safeguarded as of 15 June 2017. […]

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. […]

No Picture
Culture

Two Lithuanian co-productions receive Eurimages funding

Eurimages, the Council of Europe‘s film support fund, extended a grant of EUR 50,000 to the film Deadweight directed by Ignas Miškinis. The film is produced by Tremora (Lithuania) and coproduced by Film Angels Productions (Latvia), reports the Lithuanian Film Centre. […]

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. […]

The Curonian Spit
Economy

Curonian Spit among Lonely Planet’s top 10 beaches in Europe

The sandy coast of Lithuania’s Curonian Spit has been selected among Lonely Planet‘s top ten beaches in Europe. […]