Gitanas Nausėda

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. […]

Vygaudas Ušackas

Vygaudas Ušackas: Foreign policy in 2018: from threat of war to Lithuania’s historic skills

In the workplaces of the mighty strategies which more so or less so will undoubtedly impact Lithuania are being finalised. Some are already foreseeable and in some places, we must take control of the risks […]

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

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. […]


Swedish housing bubble ‘would not cause crisis in Lithuania’

Burst of the real estate bubble in Sweden would not induce a major financial crisis in Lithuania or the Baltic states, despite their exposure to Scandinavian banking, says Morten Hansen, head of Stockholm School of […]


Conquering Scandinavia presents new challenges for exporters

Lithuanian entrepreneurs have been turning away from Russia as their primary market for exports and setting their sight on the Nordic countries. However, different rules apply in Scandinavia, with easy profits hard to come by. […]

Nordbalt cable

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

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. […]