No Picture
Politics

In the last 2 years, number of MPs declaring their meetings with interest groups or lobbyists doubles

In the last 2 years, the number of Lithuanian MPs who declare with which interest groups or lobbyists they meet has doubled. Last year, parliamentarians also announced 1,5 times more meetings than in 2017. These figures are reported in research conducted by Transparency International Lithuania, which includes information from manosusitikimai.lt, official work calendars, and personal websites of the parliamentarians. […]

Rimvydas Valatka
CORPORATE

What should be highlighted after this sleepless night for politicians?

Something special should be said on a morning such as this. Indeed, elections, which are the most important for most, were just held. Firstly, important because mayors and municipal council members are the closest to the people of all the branches of government. And second, these elections will change the owners of many offices, Rimvydas Valatka said on Žinių radijas. […]

Saulius Skvernelis
Politics

Conservatives compare S. Skvernelis’ links to D. Gudelis with R. Paksas and J. Borisov’s friendship

A journalist investigation has uncovered facts that Prime Minister Saulius Skvernelis and Minister of Economy Virginijus Sinkevičius, running in respectively the presidential and municipal elections, are constantly and systematically consulted by public relations consultant Darius Gudelis, the owner of the company VIP Viešosios Informacijos Partneriai, without having officially declared it. The aforementioned company has been winning numerous publicity tenders by ministries and institutions subordinate to the cabinet, part of which are evaluated by the prime minister’s political confidence advisor, which raises doubts for the Conservatives on whether there is no abuse of office and if state institution publicity tenders are organised transparently, a press release states according to lrt.lt. […]

No Picture
Economy

Icelandic payment entrepreneurs establish HQ in Vilnius

Paystra, a fintech company founded and financed by Icelandic payments experts, providing payment services, is establishing its headquarters in Vilnius, Lithuania, and plans to build a team of 30 professionals over the next two years. The company, led by two payment market veterans, will develop and deploy state-of-the-art electronic payment solutions for European merchants, a press release from Invest Lithuania states. […]

Remigijus Žemaitaitis
Politics

Order and Justice Party candidate to Vilnius mayor – Remigijus Žemaitaitis

The Order and Justice Party is delegating its chairman Remigijus Žemaitaitis to run for Vilnius mayor. The politician himself confirmed this to Delfi on Thursday morning. […]

No Picture
Economy

Lithuanian start-ups attracted EUR 70 million in investments in 2018, further breakthrough will be determined by environment improvement

In 2018, the Lithuanian startup community achieved the record-breaking results, i.e. attracted EUR 70 million in investments from abroad and Lithuanian investment funds. At the same time a legal basis for a better business environment was being developed for innovative Lithuanian business, what will determine a more significant breakthrough of the Lithuanian startup ecosystem next year, a press release from Startup Lithuania states. […]

No Picture
Economy

Moody’s chooses Vilnius for its new European location

Moody’s Corporation has chosen Vilnius, Lithuania as the location for its newest European office. Moody’s provides credit ratings, research, tools and analysis that contribute to transparent and integrated financial markets. Moody’s expects to grow its new office over the next few years and chose Vilnius over a number of other European cities. Hiring of staff in Vilnius is expected to start in January, 2019, a press release from Invest Lithuania states. […]

Virginijus Sinkevičius
CORPORATE

“Farmers” bring out their secret weapon in the Vilnius mayor elections

Lithuanian Farmers and Greens Union (LVŽS) deputy chairman, Minister of Economy Virginijus Sinkevičius confirmed to lrt.lt that part of the LVŽS Vilnius city branch has offered him to run for Vilnius mayor in next year’s municipal elections. V. Sinkevičius has not yet revealed whether he would like to participate in the elections, however he assures that the office of minister of finance would not preclude him from being a candidate, lrt.lt writes. […]

No Picture
Economy

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European branch in Vilnius, Lithuania. The company, whose customer base includes global enterprise leaders in high-technology, finance, defence, cyber, telco and other areas, plans to hire several dozen local specialists. The Vilnius office will be responsible for software development, professional services and regional support, a press release from Invest Lithuania states. […]

Virginijus Sinkevičius
Economy

Life sciences is the top industry among Lithuanian innovators

Lithuania has been gradually becoming one of the high tech centres in the region – the country has defined a goal to become the most attractive European country for the development of the life sciences sector by 2030. On 26 September, during Life Sciences Baltics, the largest international life sciences baltics forum in the Baltic countries, Lithuanian Minister of Economy Virginijus Sinkevičius presented perspectives for the development of the Lithuanian life sciences industry, a press release from Enterprise Lithuania states. […]

At the Seimas
Politics

More than half of Lithuanian MPs publish info on their meetings – Transparency International

Seventy-five members of the 141-seat Seimas made public information about their meetings with interest groups and registered lobbyists during the Lithuanian parliament’s past spring session, up from 45 who did so a year earlier, Transparency International Lithuania said on Wednesday. […]