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Economy

Lithuania’s defence industry plans to increase exports by 30 percent

Export volume of Lithuanian defence and security industry (excluding civilian sector) companies stood at EUR 32 million in 2014. This year, defence companies intend to increase exports by a third and sell products and services abroad worth EUR 40 million. […]

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Economy

Profit of Lithuania’s manufacturing industry grows in 2014

The aggregate profit of Lithuania’s manufacturing industry has grown from LTL 1.9 billion (EUR 0.55 billion) in the third quarter of 2013 to LTL 2.3 billion (EUR 0.67 billion) in the third quarter of 2014. […]

Arūnas Lukoševičius. Photo courtesy of KTU
Society

KTU Santaka Valley gives hope of early diagnosis of Parkinson’s

Rapidly ageing society means higher prevalence of age-related diseases, such as Parkinson’s. Although there is no treatment for Parkinson’s, early accurate diagnosis can stop its progression, says Arūnas Lukoševičius, head of Kaunas University of Technology (KTU) Biomedical Engineering Institute. Collaborating with physicians, the University scientists are developing more effective methods for Parkinson’s disease diagnosis. […]

Panevėžio statybos trestas, PST
Economy

New textile factory to be built in Panevėžys

Construction company AB Panevežio Statybos Trestas has signed a contract with UAB Devold regarding new textile factory construction in Panevėžys, northern Lithuania, according to a statement by the company. […]