Shayan Ali Archives - the Lithuania Tribune

Largest investment in 20 years: Continental launches plant construction in Lithuania

July 20, 2018 BNS 0

German car parts giant Continental on Friday launched the construction of a new plant, worth 95 million euros, in Lithuania’s second-largest city of Kaunas’s free economic zone, in a largest investment in the country in 20 years. […]

Continental expands its presence in Europe and builds first plant in Lithuania

October 30, 2017 Lithuania Tribune 0

As part of its strategy of strengthening manufacturing capacities in Europe, the technology company Continental, is to build a new facility in the Kaunas region of Lithuania. The company plans to invest €95 million in the new unit, which will produce electronic components and create around 1000 new jobs over the next five years. […]

Bad news from the Bank of Lithuania: here’s what they are forecasting

September 27, 2023 0

Several months have passed since the Bank of Lithuania’s last forecasts. The latest one, presented by the steward of the financial markets, shows both promising and not-so-good developments. The Bank of Lithuania projections that this […]

John F Tefft, at the conference. Photo by Jonas Petronis

Former US Ambassador Tefft: the war situation has further alienated the Russian government from the population

September 22, 2023 0

Former Ambassador John F. Tefft, visiting from the United States for Leonid Donsky’s 6th conference “Will Russia Survive 2024?”, says that Russia’s fate is difficult to predict and depends on the outcome of the war. […]

Investment in military-use technologies: trap or opportunity?

September 22, 2023 0

Against the background of the war in Ukraine, the national defence industry is becoming more relevant, and the possibilities of producing both dual-use and military-use-only equipment or providing military-related services in Lithuania are being discussed. […]