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. […]

Chicago Chorale mixed choir
Culture

Chicago choir to give anniversary concerts in Lithuania

One of the most sensational choirs of Chicago will throw a concert in Lithuania to celebrate its anniversary. […]

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
Economy

Every fifth Lithuanian expects improvement in household finances

Lithuanian consumer confidence indicator stood at minus 7 in June. Compared to May, it went down by 2 percentage points. […]

Culture

Vilnius University accepted to Coimbra Group

Vilnius University (VU) has been invited to join the Coimbra Group as of 1 January 2016 – the network of prestigious European universities, the university said in a report. […]

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

Midsummer festival symbolizes bond between Baltic and Nordic peoples, president says

President Dalia Grybauskaitė took part in the Nordic Baltic Midsummer celebration at the Vilnius University Botanical Garden in Kairėnai – a traditional calendar festival observed together by Lithuania, Latvia, Estonia, Denmark, Sweden, Finland, and Norway for the third consecutive year. […]