CORPORATE

Vilnius to build 10 new public squares

This year, the Lithuanian capital city’s municipality plans to rework 10 public spaces in Fabijoniškės, Lazdynai, Antakalnis, Šeškinė, Karoliniškės, Pilaitė, Naujamiestis, Naujoji Vilnia, Pašilaičiai and Naujininkai. The ten projects that are to be launched later […]

Bucharest
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Lithuania’s Hanner plans €40m development in Romania

Lithuanian developer Hanner has acquired a piece of land in the Romanian capital, Bucharest, where the company plans to build offices and apartments worth €40 million, the company has said. Hanner acquired the former Grivita […]

Internet search engines
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Lithuanian IT company gets $20 million investment

Lithuanian company NFQ Technologies, which has created a unique meta search engine which is said to be more effective than Google, has received a $20 million venture capital investment. US private equity and venture capital […]

Students
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Lithuania launches largest youth survey ever

The Lithuanian Youth Council (LiJOT) has launched a structured dialogue initiative Įsitrauk. Nes jaunimo nuomonė svarbi, with which it aims to reach 10,000 young people across the country. LiJOT has set itself the target of […]

Power plant
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EU refuses to support new Kaunas cogeneration plant

The EU is refusing to provide support for the building of a new cogeneration plant in Kaunas saying Lithuania already has enough of these facilities. Lithuanian authorities claim that heating price in Vilnius and Kaunas […]