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Global LT

Lithuania’s national anthem live on American television

During its tour around the world, the national anthem of Lithuania was even heard live on Fox News, the American TV channel with viewership of up to 87 million. With the approaching centennial of Lithuania’s independence, the tradition of singing the national anthem all around the world expands geographically each year and acquires ever more daring and interesting forms. […]

Economy

Mediafon establishes holding company

Mediafon, Telecommunications and IT Company, operating in 4 continents with strong presence in the Baltics, establishes holding company to further boost profits, Arūnas Babrauskas, the CEO at Mediafon and Member of the Board said Thursday. […]

No Picture
Foreign affairs

Lithuania supports international fight against nuclear terrorism

The four-day Sherpa Meeting before the 2016 Nuclear Security Summit ended on 2 July in Vilnius. The meeting brought together 130 high-ranking officials from 48 countries along with representatives from international organisations like the United Nations (UN), International Atomic Energy Agency (IAEA), the European Union (EU) and Interpol, said the Ministry of Foreign Affairs. […]

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. […]

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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. […]