Construction of the LitPol Link power interconnection with Poland, one of Lithuania’s most important current energy projects, is rapidly pushing forward, with 45 percent of planned works now complete, Litgrid, the Lithuanian electricity transmission system operator, reports. […]
With tensions rising between Russia and Western countries over the military crisis in Ukraine, NATO is reporting a marked increase in Russian provocations in the skies over member states in Eastern Europe and the Baltics this year, The Financial Times reports. “You have to go a long way back to see anything like it,” according to one NATO official. […]
The Creditor’s Committee set the minimum selling price and the sale method of the Finasta Banking Group, and authorized the Snoras Bank bankruptcy administrator to complete negotiations with the investor which had submitted the best offer, namely the consortium led by investment company Invalda LT. Nevertheless, the acquisition is still to be approved by the Competition Council. […]
Lithuanian Deputy Minister of Transport and Communications Arijandas Šliupas together with the leaders of Lianyungang region (People’s Republic of China) opened The China (Lianyungang) Silk Road International Logistics Expo and marked the symbolic beginning of the New Silk Road initiative, the ministry reports. […]
At a meeting on Tuesday in Copenhagen, Defence Policy Director of the Ministry of National Defence Vaidotas Urbelis and Defence Policy Director of the Ministry of Defence of Denmark Kristian Fisher underscored that both countries saw essential partners for defence cooperation in one another, the Lithuanian ministry said. […]
EBITDA LIFO result of Orlen Lietuva in the third quarter amounted to USD 54 million and was USD 58 million higher, year-on-year, supported by favourable macroeconomic environment in this period. […]
Lithuanian President Dalia Grybauskaitė met with the chairman of the Constitutional Court of Ukraine, Yurii Baulin, to discuss the country’s ongoing legal reforms, the strengthening of judicial system and preparations for the upcoming parliamentary elections in Ukraine. […]
With 54 votes in favour, 3 against and 10 abstentions, Lithuania’s parliament approved draft amendments to the preamble to the Law on Political Parties, implementing the requirement laid down in the Treaty on the Functioning of the European Union to guarantee citizens of the union who are not nationals of that state the right to stand as candidates in municipal elections and in elections to the European Parliament, the Seimas’ press service reports. […]
On 20-24 October, Commander of the Lithuanian Air Force, Colonel Audronis Navickas is conducting visits to Brussels (Belgium) and Florence (Italy), the Ministry of National Defence informs. […]
On Wednesday, Lithuanian Prime Minister Algirdas Butkevičius welcomed Dag Malmer Halvorsen, ambassador of the Kingdom of Norway, in Vilnius. […]
On 21-23 October, the NATO Energy Security Centre of Excellence (ENSEC COE) in Vilnius is hosting a table-top exercise on security of critical energy infrastructure. […]
Lithuanian President Dalia Grybauskaitė met with the heads of 18 major Norwegian business companies and investment funds to discuss the investment climate and business opportunities in Lithuania, the presidential press service said. […]
The Lithuanian airline Air Lituanica expands its business in Belarus with agency Ticketing Airport Services Belarus becoming the official commercial representative of the company. […]
Lithuania was named number-three destination in Lonely Planet’s list of best countries to visit in 2015. […]
Lithuanian start-ups have come to London to participate at the prestigious TechCrunch Disrupt conference. […]
The Board of the national electricity generation company Lietuvos Energijos Gamyba (Lithuanian Energy Production) has decided to decommission units 1 and 2 of the Lithuanian power plant (Elektrėnai Power Plant) starting from 1 January 2015. […]
A newly-built high voltage power line between Klaipėda and Telšiai has been put into operation. It is the first 330 kV overhead power line built after the restoration of Lithuania’s independence. The power line will transmit electricity from Northern Europe to Lithuania when the NordBalt power link begins to operate, energy company Litgrid announced in a statement. […]
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