Today, 03th of October, European Parliament voted in favour of the motion for a resolution on distributed ledger technologies and blockchains: building trust with disintermediation. All political group members supported the resolution, which sends a positive message that politicians see this technology as benefiting Europe, a press release from MEP Antanas Guoga‘s office states. […]
The Lithuanian government will not discuss a draft budget for 2019 this week after the issue was removed from the agenda of the Cabinet’s meeting on Wednesday. […]
Blockchain Centre Vilnius will partner with Microsoft to aid delivery of their innovative ‘Microsoft for Startups’ program. The program is accessible to all levels of startup and will provide the two most desirable aspects for any new business – access to technology, and customers! […]
Lithuania will apply a reduced VAT rate of 9 percent for firewood starting next year, Prime Minister Saulius Skvernelis said on Tuesday. […]
Lithuania’s government is starting discussions on the country’s 2019 budget as the document will be submitted to ministers during a Cabinet meeting on Wednesday. […]
The restoration of Lithuania’s western port of Šventoji, officially handed over to Palanga Municipality on Friday, might be started next year, Government Chancellor Algirdas Stončaitis. […]
The Lithuanian Social Security and Labor Ministry proposes to raise the minimum monthly wage by 30 euros to 430 euros next January, but the actual amount will be 555 euros due to taxation changes taking effect in early 2019. […]
Lithuania has been gradually becoming one of the high tech centres in the region – the country has defined a goal to become the most attractive European country for the development of the life sciences sector by 2030. On 26 September, during Life Sciences Baltics, the largest international life sciences baltics forum in the Baltic countries, Lithuanian Minister of Economy Virginijus Sinkevičius presented perspectives for the development of the Lithuanian life sciences industry, a press release from Enterprise Lithuania states. […]
Lithuania’s industrial real estate market will take a big leap forward with the upcoming launch of FlexStart, a new development of customisable industrial premises in Klaipėda FEZ. The project will deliver a much-needed solution to the needs of foreign investors for ready-to-use premises, enabling companies to get up and running in as little as three months. […]
Startups and other businesses developing financial technologies (FinTech) will soon be able to test their innovative products in a live environment under the guidance and supervision of the central bank of Lithuania. Submission of applications to enter the Bank of Lithuania regulatory sandbox opens on 15 October 2018, a press release from the institution states. […]
Ship traffic at the Lithuanian seaport of Klaipėda is being resumed on Thursday as winds are gradually easing after Wednesday’s storm. […]
Although winds have subsided, shipping restrictions remain in place at the Lithuanian port of Klaipėda on Thursday morning. […]
Two Indian companies are planning to invest nearly 200 million euros in metal can and textile factories in Rokiskis and create more than 1,500 new jobs in the northeastern Lithuanian town. […]
Shipping restrictions are in place in Lithuania’s port of Klaipėda as of Wednesday morning due to strong winds and high waves, with winds expected to die down in the early hours of Thursday. […]
Lithuanian Agriculture Minister Giedrius Surplys has called on the European Commission to cover losses incurred by the country’s farmers from drought and swine fever. […]
Random employees rather than experienced specialists in the field normally are in charge of hardware and software in small Lithuanian enterprises. And even though companies admit to be often facing technological malfunctions, they do not tend to learn from their mistakes. This was revealed by a representative survey of small Lithuanian enterprises ordered by Telia. […]
During the largest non-profit ICT and entrepreneurship event in the Baltic States #SWITCH held in Vilnius, winners of the Smart Energy Hackathon organized by Lietuvos Energija, the energy companies group of Lithuania, were elected. The main prize, EUR 1,500 in the selected cryptocurrency, was awarded to the team that created a platform prototype which is intended for cryptocurrency mining based on the sharing principle. The suggested platform model in each case would enable to find the most suitable place in the world to install computer equipment and to organize cryptocurrency mining for the lowest energy price on that date, a press release from Lietuvos Energija reads. […]
On Thursday, mayor of Vilnius, Remigijus Šimašius visited one of the highest residential buildings in Lithuania #Tower to congratulate the project developers on opening the building. During the visit, the mayor had a chance to look at the architecture and premises of the new skyscraper and he was among the first ones to test and evaluate the innovations installed in the building, a press release from Vilnius city municipality states. […]
A Park Town business park located in a strategic area of Vilnius, in a tail of Konstitucijos avenue, next year will invite the citizens of Vilnius to relax in a new spacious terrace. The green space will be
open for both, employees of the business park and everyone who wants to take a look. The company MG Valda, which develops this project, has shown the public how the new recreation area will look like in the centre of the city. […]
Twenty-seven percent of Lithuanians say they have received a pay rise in recent months, with 23.4 percent of the population having had their salaries increased by up to 10 percent, according to an opinion poll conducted by Spinter Tyrimai for Delfi.lt. […]
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