Culture

Sweden’s Summerburst festival expanding to Lithuania

Live Nation’s Summerburst festival, which already has had two editions in Sweden, is expanding to the Baltics. […]

CORPORATE

Maxima Group turnover rises 3.6% to €2.7bn

Maxima Group, the Lithuanian holding group that owns the Maxima supermarket chain in the Baltic states, has reported a 3.6% growth turnover in 2015 to €2.677 billion. […]

No Picture
Society

Lithuanian pupils study more foreign languages than European counterparts

Around 80% of secondary school students in Lithuania study two or more foreign languages, well above the EU average of almost 60%, according to Eurostat, the EU statistics agency. […]

Panel disussion at the  Estonian Chamber of Commerce in Vilnius
Economy

Mergers & acquisitions in Lithuania at slow pace in 2015

Global M&A activity grew to record levels in 2015, fuelled by some mega mergers in the pharmaceutical, energy and consumer industries. Lithuania bucked the trend with less consolidation and acquisitions than in the previous year and stood out as the least active in the corporate bond market. The findings on global and regional performance were presented by several industry experts at an event of the Estonian Chamber of Commerce on Wednesday. […]

Kaliningrad
CORPORATE

Opinion: Kaliningrad – Kremlin‘s joker in geopolitical poker game with West

The Kremlin‘s propaganda rarely shocks anymore and hardly registers as news with most people but some of it deserves attention because when a specific propaganda message is repeated over and over, it is done in an attempt to embed it in our minds as being the uncontestable truth. In the case of Kaliningrad, it has to be feared that the Kremlin‘s efforts are an attempt to incite war between the West and Russia. […]

Žygimantas Pavilionis
CORPORATE

Partnership with Poland should be Lithuania’s key foreign policy priority, says former ambassador to US

Many in Lithuania have been criticizing Poland‘s new government, but former Lithuanian ambassador to the US Žygimantas Pavilionis believes that the return of a strategic partnership between Poland and Lithuania should be our greatest foreign policy priority. According to Pavilionis, those now criticising the Polish government are the same people that accepted Barack Obama‘s attempts to reset the US relationship with Russia and improve the EU’s relationship with Russia. […]