Professor Gunnar Eskeland speaking at the Norwegian Chamber of Commerce Energy Event Photo Marte Freihow Langeland
Economy

Lessons from Norway in a rapidly changing energy world

The Norwegian Embassy in Lithuania in cooperation with the Norwegian Chamber of Commerce hosted on Friday morning a presentation in the Comfort Hotel in Vilnius that allowed for a peek into the various parts that are transforming the energy puzzle. After opening remarks from Anne Sofie Bjelland, the Norwegian Chargé d’affaires, three specialists addressed innovation from very different angles and tackling very diverse aspects of changes affecting energy production and consumption. […]

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Economy

Lithuania’s 2018 draft budget meets fiscal discipline requirements – European Commission

Lithuania’s draft budget for 2018 complies with the fiscal requirements of the Stability and Growth Pact, the European Commission said on Wednesday. […]

Experiencing Kitron's top-notch facilities close up © Ludo Segers @ The Lithuania Tribune
Economy

Kaunas, Lithuania’s Industrial Innovation Capital

There is still a lot of industry in Kaunas. A closer look reveals that there is also a lot of innovation going on in and around the city. These were the findings of a large delegation of Danish, Finish, Norwegian, and Swedish Chamber of Commerce participants during last Friday’s visit to Lithuania’s central located industrial hub. […]

Continental Kaune
Economy

Germany’s Continental, Lithuania’s government sign agreement on EUR 95 mln investment

German automotive component giant Continental committed itself to investing 95 million euros in a new factory in Lithuania and the government pledged to assist the company and issue all the necessary permits in a timely manner under an agreement signed in Vilnius on Wednesday. […]

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Economy

Lithuania should ready for decline in EU support funds – MP

Lithuania should prepare for a possibly drastic decline in European financial aid in the new European Union (EU) budget after 2020, says MP Stasys Jakeliūnas, chairman of the parliamentary Committee for Budget and Finance. […]