European Union

European Council to focus on European security issues

President Dalia Grybauskaitė has left for Brussels to attend an informal meeting of the European Council, the presidential press service said. […]

Politics

Lithuania makes progress in corruption prevention, according to GRECO report

In a report published on 11 February, the Council of Europe Anti-Corruption Group (GRECO) acknowledges the comprehensive legal and institutional framework developed by Lithuania to prevent and fight corruption among members of parliament, judges and prosecutors. It also stresses that the authorities now need to shift their focus to ensuring that the legal norms are well understood and properly enforced, GRECO said. […]

Geriausių 2014 m. startuolių apdovanojimai
Economy

2014 record year for Lithuanian startups

On 5 February, Enterprise Lithuania hosted its annual startup event Startup Lithuania Overview 2014. During the event, the highlights of Lithuania Startup Ecocystem of 2014 were announced and awards were given to the teams that achieved the most in 2014, Enterprise Lithuania reports. […]

No Picture
Energy

Lithuanian government proposes to merge natural gas exchanges

At the meeting of the Government it has been proposed to create a single natural gas market. A working group initiated by the Ministry of Energy has proposed to merge energy resource exchange UAB Baltpool and natural gas exchange UAB GET Baltic. […]

Michael Baum
Economy

Insights on building a billion-dollar company from Silicon Valley entrepreneur Michael Baum

Silicon Valley serial entrepreneur Michael Baum is coming to Kaunas University of Technology (KTU) to deliver a lecture and a pitching event. Baum is a CEO of 100 million worth investment company and startup academy FOUNDER.org which invests in student entrepreneurs from the world’s top universities and helps them build great companies. His lecture ‘The 8 Secrets to Building a Billion Dollar Company’ will take place on Tuesday 17 February. […]

Filmo „Nepatyręs“ premjera
Culture

Domestic production gains foothold in Lithuanian cinema market

Lithuania continues to hold the leading position in the region in terms of the market share held by domestic films, which grew from 16.49% in 2013 to 23% in 2014. […]