Gitanas Nausėda
Politics

About the status of G. Nausėda, the Chief Advisor of the President of SEB Lithuania, the letter by MP Ž. Pavilionis

Mr. Peter Wallenberg, President of Wallenberg Foundations AB, and Mr. Magnus Schöldtz, Senior Advisor on international and government affairs.Your Foundation is one of the largest and most respectable investors in our country’s economy. I can bravely say that you are symbolizing investment in the Baltic countries from Scandinavia. This investment not only helped us to develop economic, but also the democracy in our country. […]

Lithuanian stand in the Munich (Germany) Fair, which will take place June 26-29
Economy

90 our of 100 universities in the world request Lithuanian lasers

One of the things Lithuania is best known for is the laser industry. While perhaps not at the very pinnacle of the industry, the country does not compare all too poorly against highly developed states such as the USA, Germany, France, China and others. And at the same time the industry shows no signs of slowing down, with growing sales and increasing numbers of manufacturers, which should keep Lithuania within the top echelon of the laser industry. […]

No Picture
Opinion

Could a shorter working week be better for Lithuania’s economy?

Conventional wisdom says that the more time you spend at work, the more you accomplish but that has been challenged recently by psychologists and new initiatives in Sweden where employees are trialling six-hour working days. Could this also work in Lithuania? […]

CORPORATE

Lithuanians consider changing jobs most regularly of Europeans

Lithuanians are the least loyal staff among the Baltic, Scandinavian and Western European countries, according to a survey commissioned by construction equipment and modular space rental company, Cramo. […]

Nordbalt cable
Energy

NordBalt to provide more energy security for 6m people in Baltics

Two months remain until the completion of the biggest joint Swedish and Lithuanian project NordBalt. In December the electricity produced in Scandinavia will be transmitted directly to Lithuania for the first time in history. King Carl XVI Gustaf and Queen Silvia of Sweden along with the President of Lithuania Dalia Grybauskaitė evaluated the NordBalt implementation progress while visiting the construction site of the NordBalt high voltage direct current (HVDC) converter station in Klaipėda. […]

Rokas Masiulis
Energy

Minister Masiulis: NordBalt opens Scandinavian electricity market surplus for Lithuania and Latvia

The 453-kilometer long 700 megawatt NordBalt power interconnection is one of the most important projects in the history of Baltic countries’ energy sectors. Although the submarine cable is laid between the coasts of Lithuania and Sweden, the project will equally benefit to Lithuania and Latvia,” said the Minister of Energy, Rokas Masiulis, to Latvian reporters during a meeting in Klaipėda. […]

View to Market Square on Waterfront and Lutherian Cathedral, Helsinki, Finland

Lithuania-Finland political consultations held in Helsinki

Deputy Minister of Foreign Affairs of Lithuania Neris Germanas took part in political consultations between the Foreign Ministries of Lithuania and Finland on 16 September in Helsinki, Lithuania’s MFA said. […]