military procurement Archives - the Lithuania Tribune

Lithuania, another 10 NATO countries consider joint ammo procurement

June 30, 2017 BNS EN 0

Lithuania and another 10 NATO members states, as well as Finland, which is not a member of the Alliance, are considering joint procurement of critical ammunition for land forces in the future in an effort to secure lower prices, the Lithuanian Defense Minister said. […]

Seimas greenlights defense procurement reform

June 29, 2017 BNS EN 0

The Lithuanian parliament on Thursday passed amendments paving the way for centralizing procurement in the national defense system. […]

Lithuania replacing military officer in charge of military procurement

March 22, 2017 BNS EN 0

Officer in charge of military procurement, Colonel Darius Užkuraitis, is being rotated to NATO’s Joint Force Headquarters in Brunssum, the Netherlands. […]

Paulius Jauga, Head of SME Bank Corporate Clients Department

SME Bank, established by SME Finance, has been granted a banking licence

February 26, 2021 0

On the proposal of the Bank of Lithuania, the European Central Bank (ECB) has issued a specialised bank licence to a neobank, SME Bank, to be established by SME Finance. As previously planned, SME Bank […]

Marius Jakulis Jason, founder of the MJJ Foundation

UAB AAA Holdingas – changes in management and shareholder structure

February 26, 2021 0

Investor Marius Jakulis Jason has consolidated the shares of UAB AAA Holdingas. Going forward, all company shares will be owned by IKKB Mūsų Ateities Investicijos, which manages the Jakulis Jason family property, and the philanthropic […]

Latvians allowed Linas Agro Group to implement concentration by acquiring KG Group

February 25, 2021 0

The Competition Council of Latvia has adopted a resolution allowing Linas Agro Group to implement the concentration and acquire the companies belonging to KG Group. The decision was made by the Latvian Competition institution after […]

Shopping changes: pandemic shock has passed, the miracle of e-retail isn’t here yet

February 25, 2021 0

For the retail sector, the beginning of the COVID-19 pandemic in 2020 meant emptied shelves and an incredible demand for toilet paper, cereals and pasta. With the initial panic over, shoppers are now adopting a […]

Nausėda’s promise remembered after surprising decisions by the Presidential Palace

February 24, 2021 0

With President Gitanas Nausėda refusing to appoint former ministers, who held significant public trusts, to ambassador positions, experts note that the president has already promised some of the pledges that accompanied him into the elections […]

Lithuanian startup disrupts healthtech industry with a therapeutic device and a habit tracking app

February 24, 2021 0

More than 4% of people around the world over the age of 40 suffer from essential tremor causing involuntary hand shaking. A Lithuanian healthtech and the medical technology startup “Vilimed”, located in Kaunas Science and […]