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HomeNordBalt 2 EN

NordBalt 2 EN

At the opening ceremony of the grids to Sweden "Nord Balt" and to Poland "LitPol Link" in Vilnius
Energy

Lithuania’s new energy strategy: NordBalt2 in 2025, halt of Visaginas N-plant project

November 15, 2016 BNS EN 0

The Lithuanian and Swedish electricity markets should be connected by the second interconnection, NordBalt 2, by 2025, while the Visaginas Nuclear Power Plant project should be frozen, suggests a new energy strategy worked out by the outgoing Lithuanian Energy Ministry and presented by Minister Rokas Masiulis on Tuesday […]

Latest

Paulius Jauga, Head of SME Bank Corporate Clients Department
Economy

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
Economy

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 […]

Economy

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 […]

Lidl shop
Economy

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 […]

Lithuanian Ministry of Foreign Affairs
Politics

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 […]

Economy

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 […]

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