This May, the annual analysis of Lithuanian innovation development prepared by the Agency for Science, Innovation and Technology (MITA) showed the necessity of changes in the innovation ecosystem. According to the analysis, without taking more decisive actions a number of country indicators, projected for 2020, may not be met, a press release from Kaunas Science and Technology Park states. […]
A new study shows that horror movies are among the biggest passions of Lithuanian cryptocurrency-lovers. But it doesn’t at all paint their lives in gloomy colors as upon leaving the cinema they are also into night clubbing, sports and TV shows, a press release from Luno states. […]
Despite the hot and dry summer that made growing carrots and onions more difficult, fresh Lithuanian vegetables have already reached the store shelves. According to the data from Maxima’s market researchers, Lithuanian onions were available in supermarkets a week earlier than last year, and carrots just a week later. Retailers have noticed that buyers are especially fond of fresh vegetables grown in Lithuania, which they buy plentifully as soon as they arrive on the shelves. According to data from the largest national trading network, the demand for Lithuanian carrots and onions has grown by one third in the past year, a press release from the Maxima retail chain states. […]
IKEA, the Swedish home furnishing retailer, will open the first store in Latvia on 30 August. The store is located on the very edge of Riga (Biķeru Street 2, Dreiliņi, Stopiņu Municipality). It will be the biggest IKEA store in the Baltics. Total size: 34.5 thousand square metres and offering visitors more than 8000 different Swedish design home furnishing items at a price affordable for the many, a press release from the company states. […]
The Organisation for Economic Cooperation and Development (OECD) has published a review of corporate governance in Lithuania, in which Lithuania’s capacities, reform efforts and willingness to adopt the OECD standards and principles have been positively assessed. In the review, the OECD also made recommendations on how Lithuania could continue to improve this area in the future, a press release from the Ministry of Economy states. […]
The most popular flight destination in July was Vilnius – Riga, while the most popular transit flight destination over the Lithuanian territory was Paris – Moscow. Over the second month of this summer, most flights in the Lithuanian airspace were carried out by a Finnish airline, a press release from Oro Navigacija states. […]
Extremely hot summer and shorter sales time of alcohol in shops are changing Lithuanian consumers’ habits. So far, most people, who were buying alcoholic beverages in supermarkets are turning to bars and cafes. The owners of the bars are counting up to one third of the increased sales due to the changed trend, while the brewers say that sales of such beverages as non-alcoholic beer or soft drinks are also rising, a press release from Carlsberg states. […]
According to insurers, the number of claims due to delayed, lost or damaged luggage grew by one third during the past six months, a press release from Gjensidige states. […]
Lithuanian hotels and other accommodation establishments expect additional profit from the upcoming visit of Pope Francis as the flow of tourists usually drops in fall, the Lietuvos Rytas daily writes. […]
Lithuania’s state-run railway company Lietuvos Geležinkeliai (Lithuanian Railways) will soon start rebuilding the Mažeikiai-Renge railway section dismantled a decade ago. […]
Inflation and related growth in living standards were behind a rise in people living below the at-risk-of-poverty threshold in Lithuania last year, economist Gitanas Nausėda, an adviser to the SEB bank’s president, told BNS Lithuania. […]
Lithuania’s long-term rating outlook from “stable” became “positive”. It has been upgraded by the international credit ratings agency Fitch Ratings after the positive assessment of the fiscal policy pursued by the country. Currently, long-term and short-term credit ratings affirmed by the agency (A- and F1) remain unchanged, a press release from the Ministry of Finance states. […]
Rising prices in Lithuania could be taken under control by tougher competition in the retail sector which is now lacking it, Prime Minister Saulius Skvernelis says. […]
Around 650,000 people, or 22.9 percent, lived below the at-risk-of-poverty threshold in Lithuania last year, up 1 percentage point, the latest figures from Statistics Lithuania show. […]
Lietuvos Oro Uostai (Lithuanian Airports), Lithuania’s state-run operator of the country’s three airports, has launched a search for an airline to operate business flights from Vilnius to London City Airport. […]
According to statistics by the company Mokilizingas, for the first six months of this year the average loan for hire purchase cars grew by almost 5% when compared with last year – from 2631 EUR to 2748 EUR. Usually car loans are taken out by men 18 – 30 years of age, who are living in cities, a press release from the company states. […]
The Lithuanian capitals’ new “the G-Spot of Europe” advertising campaign has already received over 900 foreign publications, Inga Romanovskienė, head of the municipal business development and tourism agency, Go Vilnius, says. […]
Former Prime Minister of Estonia Taavi Rõivas to the Lithuania Tribune (EN.DELFI) about the future of blockchain technology, about cooperation between Lithuania and Estonian in blockchain, what Estonian could learn from Lithuania and vice versa. We also spoke about 2030, yes, the future. […]
On 26-27 September in Vilnius over 60 companies from all over the world will showcase their products and services: from the artificial human brain project, a microliquidic single-cell analysis technology, a device sending direct electromagnetic impulses into somatic cells to 3D printing technology and advanced immunotherapy products. Visitors can visit this part of the Life Sciences Baltics, the only international life sciences forum in the Baltics, free of charge. […]
Three experienced professionals have joined the Lithuanian Airports team. Dainius Čiuplys has already taken over the role of Vilnius Airport Director. Kaunas Airport will soon be headed by Karolis Matulaitis while Andrius Daujotas will be in charge of Palanga Airport. […]
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