Economy

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Economy

Smart Energy Fund Invests EUR 250 Thousand into Lithuanian PVcase

October 3, 2018 EN.DELFI 0

Smart Energy Fund powered by Lietuvos Energija, managed by Contrarian Ventures invests EUR 250 thousand into the Lithuanian PVcase that will automate the designing of solar power plants. It is expected that the technology developed by the start-up will enable to significantly shorten up some designing stages of solar power plants and this way reduce designing expenses even more, a press release from Lietuvos Energija states. […]

Antanas Guoga
Economy

MEP Antanas Guoga: Before regulating any new technology first, we need to educate about it

October 3, 2018 EN.DELFI 0

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. […]

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Economy

Lithuania to cut VAT for firewood to 9 pct next year – PM

October 2, 2018 BNS 0

Lithuania will apply a reduced VAT rate of 9 percent for firewood starting next year, Prime Minister Saulius Skvernelis said on Tuesday. […]

Virginijus Sinkevičius
Economy

Life sciences is the top industry among Lithuanian innovators

September 28, 2018 EN.DELFI 0

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. […]

FlexStart
Economy

Lithuania’s industrial real estate market to receive boost with launch of ready-to-use facilities

September 28, 2018 EN.DELFI 0

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. […]

Klaipėda port
Economy

Shipping restrictions in place in Lithuania’s Klaipėda

September 26, 2018 BNS 0

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. […]

Economy

Lithuanians have an idea how to reduce crypto mining costs

September 25, 2018 EN.DELFI 0

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. […]

R. Šimašius visits #Tower appartments
Economy

Remigijus Šimašius on #TOWER: the ugly duckling becomes a beautiful swan

September 25, 2018 EN.DELFI 0

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. […]

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Economy

A new attraction centre will open for the citizens of Vilnius.

September 25, 2018 EN.DELFI 0

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. […]