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Economy

EUROC Lithuania – the largest Western Union site in the world

EUROC Lithuania celebrates the fifth birthday of the establishment. Within the past 4 years, EUROC expanded more than 5 times from the initial plan of 250 employees in 2010 to more than 1,300 employees today (2015 April). During this time, Western Union‘s (WU) centre in Lithuania has experienced the strongest growth in global WU scale. Now EUROC has become the largest WU site in the world, said Invest Lithuania, the government’s foreign investment promotion agency. […]

Unique Jewish heritage site opens in Šeduva. Photo by Arūnas Baltėnas
Society

Unique Jewish heritage site opens in Šeduva

More than two years of work on the restoration and preservation of Jewish heritage in Šeduva were marked in a private ceremony at the town’s recently restored Jewish cemetery (Žvejų gatvė). More than 400 tombstones have been identified and more than 1,300 have been either painstakingly restored or preserved in a tribute to the lives of the thousands of Jews that once comprised the majority of this Lithuanian shtetl. […]

Darius Maikštėnas
Economy

Lithuanian startup Widerfi enters world’s largest accelerator

Widerfi, a startup established in Lithuania and formerly known as Cheap Data Communications, has joined MassChallenge – the World’s largest accelerator, and will compete for 500 thousand pounds and 1 million dollar prizes at the end of the year. Widerfi offers a new mobile internet model for travellers and is the first Lithuanian startup to participate in the accelerator which will be held simultaneously in Boston and London. […]

Foreign affairs

Lithuania celebrates Independence Day of Georgia

On 26 May, at noon, school children at Vilnius Cathedral square held a giant Georgian flag, surrounded by Lithuanian flag in the shape of heart, to mark the Independence Day of Georgia. The event commemorated the 26 May 1918 adoption of the Act of Independence, which established the Democratic Republic of Georgia after the collapse of the Russian empire. […]

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Economy

Lithuanian startup ecosystem – pool of opportunities for foreign and local startups and VCs

Lithuanian startup arena has been heating up in recent years. Friendly business environment, relatively low taxes, advanced IT infrastructure, favourable relocation conditions have mightily influenced the increasing number of startups, foreign investment and community events. […]

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Society

Vilnius University produces unique machine for CERN

The team of the Department of Semiconductor Physics of Vilnius University (VU), headed by professor Juozas Vidmantis Vaitkus, under the framework of the AIDA project was to study the possibility to use a microwave absorption technique for radiation monitoring in the proton irradiation facility at CERN. The Vilnius University team produced a cost-effective, flexible and easy-to-handle fluence monitoring system, VU said. […]

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Culture

Lithuania’s Monika & Vaidas proceed to Eurovision Song Contest finals

Lithuanian Eurovision fans celebrated on Thursday night as the country’s entry song, This Time, performed by Monika Linkytė and Vaidas Baumila, qualified for the music competition finals on Saturday. […]