Articles by Lithuania Tribune

UN Security Council
Foreign affairs

Lithuania comes to the middle of its term at UN Security Council

January 2, 2015 Lithuania Tribune 0

Lithuania has reached the half-point in its two-year membership in the United Nations (UN) Security Council. Throughout 2014, the Lithuanian delegation mostly focused on the conflict in Ukraine, the rule of law, protection of civilians in armed conflicts, reinforcement of UN cooperation with the European Union (EU) and proper implementation of the Security Council’s decisions on sanctions, the Foreign Ministry has said. […]

Globalios Lietuvos apdovanojimai 2014
Global LT

Foreign minister: Global Lithuanian Awards express gratitude

December 31, 2014 Lithuania Tribune 0

The ceremony of the Global Lithuanian Awards 2014 took place on 30 December. The Lifetime Achievement Award of Lithuania’s Ministry of Foreign Affairs was given to the American Lithuanian organization Lithuanian Children’s Hope, its long-time head Grazina Liautaud and President of the Los Angeles Lithuanian Children’s Hope department Danguole Navickiene. The award was given for consistent support for Vilnius University Children’s Hospital and for nurturing the philanthropic tradition, Lithuania’s Ministry of Foreign Affairs said. […]

No Picture
Economy

Game Insight supports 3D printing via Lithuanian startup Toyze

December 31, 2014 Lithuania Tribune 0

Lithuanian startup Toyze has signed a licensing agreement with global developer and publisher Game Insight for three of its mobile game properties, The Tribez, Dragon Eternity and Mirrors of Albion, Invest Lithuania reports. […]

No Picture
Economy

Wages in IT determined by productivity, not change of currency

December 30, 2014 Lithuania Tribune 0

The euro which will shortly replace the litas will have a positive effect on the IT services market of Lithuania, however, it will hardly bring any significant changes. Antanas Ursulis, general manager of CSC Baltic which provides IT services, says that the euro will not bring any dramatic changes to working conditions or expectations of employees; nevertheless, the new currency will help Lithuania enhance its image as a reliable and attractive country for investors. […]

Vilnius University
Economy

CSC Baltic signs partnership agreement with Vilnius University

December 29, 2014 Lithuania Tribune 0

Vilnius University and CSC Baltic signed a partnership agreement that will ensure partnership with individual faculties and the university as a whole. The agreement was signed by the interim rector of Vilnius University Professor Juras Banys and the CEO of CSC Baltic Antanas Ursulis, Invest Lithuania said. […]

No Picture
Economy

Lithuanian business start-ups to expand despite slowing economy

December 26, 2014 Lithuania Tribune 0

With the country’s economy growing slower than expected, most business start-ups in Lithuania are taking advantage of the situation in the domestic market. While the country’s largest companies are estimating the consequences of Russia’s embargo, Lithuanian business start-ups are planning to further increase their sales volumes within the coming six months and recruit new employees to satisfy the growing demand, the bank DNB said in a statement. […]

Economy

Invest Lithuania awarded for professionalism and success

December 22, 2014 Lithuania Tribune 0

The 16th annual awarding of St. Christopher’s statues took place at Vilnius Town Hall on 18 December. The statutes, which are the highest honour awarded by Vilnius Municipality, were presented to the city’s most deserving people and businesses. At the ceremony, the foreign investment development agency Invest Lithuania was awarded for its professionalism and for attracting foreign investment to Vilnius, the agency said. […]

Society

Vilnius University opens modern laser complex

December 21, 2014 Lithuania Tribune 0

Vilnius University has opened a modern laser complex Naglis at the Laser Research Centre, the university said. […]

Danielis Libeskindas
Economy

Libeskind unveils designs for new leisure centre in Vilnius

December 20, 2014 Lithuania Tribune 0

The City of Vilnius, together with private investors and the world renowned architect Daniel Libeskind have revealed the design for Vilnius Beacon at the Liepkalnis Ski Hill. The project is a collaboration between the City of Vilnius and Daniel Libeskind to create a new tourist destination and aid in the transformation of the city as a centre of the Baltic region, the Vilnius City Council said. […]

LitPol Link
Energy

Litgrid borrows EUR 65m from European Investment Bank

December 19, 2014 Lithuania Tribune 0

On 18 December 2014, the Lithuanian electricity transmission system operator Litgrid and European Investment Bank (EIB) signed an agreement on a EUR 65m loan for a maximum period of sixteen years. The funds will be used to partially finance implementation of LitPol Link project and the new power line from Alytus to Kruonis PSHP (Pumped Storage Hydroelectric Plant), Litgrid said in a statement. […]

Arvydas Sabonis
Sports

Lithuanian basketball legend Sabonis turns 50

December 19, 2014 Lithuania Tribune 0

President Dalia Grybauskaitė has congratulated one of the best basketball players in history, now President of the Lithuanian Basketball Federation Arvydas Sabonis on his 50th birthday. The president thanked Sabonis for his meaningful public work and invaluable merits to Lithuania. […]