Lithuanian President Gitanas Nauseda has proposed establishing a new ministry responsible for regional policy, BNS reports. Speaking at a forum of regional policymakers in Vilnius, Nauseda said that the new ministry would help increase the autonomy of local governments and coordination between different ministries. He suggested that the new ministry could take over functions from…
The German IT service company, DATAGROUP, has established a Lithuanian subsidiary, DATAGROUP Operations Lithuania, BNS reports. The company plans to hire up to 30 people to its new office in Kaunas by the end of 2024 and later increase the headcount to 50. The office will focus on AI, cyber security, and IT architecture and…
The world’s largest bicycle manufacturer, Dutch-based Pon.Bike, has opened a new production facility in Kedainiai in central Lithuania, BNS reports. The company invested EUR 57mn in the factory, which will produce up to 450,000 bicycles per year. The facility, located in the Kedainiai Free Economic Zone (KLEZ), will employ around 600 people. Under an agreement…
Lithuania’s state-owned airport operator, Lietuvos Oro Uostai (LTOU), has completed the construction of a new departure terminal at Vilnius International Airport (VIA), BNS reports. The airport will open the new 14,000 m2 terminal for passengers in February 2025. The airport will then be able to handle two times more passengers than at present. The general…
Latvia’s National Electronic Mass Media Council (NEPLP) has awarded free terrestrial TV broadcasting rights to Re MEDIA’s ReTV and 4.vara’s TV4 in 2025-2026, BNS reports. Re MEDIA’s owner is Jurgis Abele, while 4.vara’s owners are Sweden’s Silver Spring Media (79.99%), Kristaps Zalitis’s LZI (12.52%), and Arturs Vaskis’s AV Management (7.49%). NEPLP will announce a repeated…
Lithuania’s Vilnius Regional Court has found Lithuanian lawyer Mantas Danielius guilty of spying for Belarus, ELTA reports. The court sentenced him to nine years in prison. The ruling is subject to appeal. The investigation found that Danielius had spied on the exiled Belarusian opposition in Lithuania and passed on the information to a journalist at…
The Latvian government will propose amendments that would allow soldiers and internal affairs officers to continue in service while receiving retirement pension, BNS reports. Also, the government will propose amendments allowing people aged over 40 years to join professional service in the military or internal affairs. At present, only citizens aged 18-40 years are eligible…
Lithuania is interested in the possible use of next-generation small modular reactor (SMR) nuclear technology, Energy Minister Dainius Kreivys announced, BNS reports. He suggested that such reactors could use spent and recycled fuel from Lithuania’s decommissioned Ignalina Nuclear Power Plant (IAE). The minister was speaking after a meeting with the Italian nuclear technology company, newcleo….
Lithuanian Finance Minister Gintare Skaiste welcomed the International Monetary Fund’s (IMF) decision to postpone its planned mission to Russia indefinitely, BNS reports. Earlier, the Nordic and Baltic countries as well as Poland urged the IMF to reconsider its decision to resume consultations with Russia. Speaking in an interview with Ziniu Radijas, Skaiste noted that it…