Germany’s Deutsche Bank is considering opening a service centre in Lithuania, Elijus Civilis, head of Lithuania’s state-run investment promotion agency, Invest Lithuania, confirmed, BNS reports. Civilis said that negotiations with Deutsche Bank were ongoing and that the bank was evaluating various options for possible operations in Lithuania. Deutsche Bank has not commented on its plans….
Lithuania’s Education Minister, Gintautas Jakstas, has proposed phasing out secondary education in Russian, following the Latvian and Estonian example, BNS reports. He suggests focusing on EU languages. The Ministry of Education is exploring ways to suspend Russian as a language of tuition, with a proposal expected soon. Jakstas emphasised that Russian schools would not be…
Ukraine’s National Agency on Corruption Prevention (NAZK) has added Lithuanian fish processor Viciunai Group to its list of “International Sponsors of War,” BNS reports. NAZK stated that Viciunai Group has continued production and hiring at its plant in Russia’s Kaliningrad region even after announcing that it was exiting Russia. Viciunai Group declined to comment on…
Retailers in Estonia expect declining sales in the first half of 2024 amid lower consumer confidence, ERR reports. Many consumers plan to go shopping in neighbouring countries due to the rise in the VAT rate from 20% to 22% as of 1 January 2024, according to a Norstat poll for Citadele bank, BNS reports. The…
Lithuania will purchase multifunctional artillery radar systems from the Dutch defence contractor, Thales Nederland, for EUR 126.7mn, BNS reports. The first Thales GM200 MM/C radar systems are due to be delivered by 2026. The agreement includes cooperation in multifunctional radar support between Lithuania and the Netherlands, with potential involvement of the Lithuanian defence industry in…
The Lithuanian Armed Forces (LGP) have received the first batch of Spanish-made EXPAL 120mm mortars, BNS reports. The Defence Ministry said that the modern high-quality weaponry provided a significant enhancement to Lithuania’s indirect fire support capabilities. The mortars have an effective range of up to eight kilometres. Lithuania signed a EUR 9.8mn procurement contract with…
Lithuania has completed the first phase of procuring joint light tactical vehicles (JLTVs) manufactured by the US defence contractor, Oshkosh Defense, BNS reports. The final batch of 50 JLTVs, part of a 2019 contract for 200 vehicles, recently arrived in Lithuania ahead of schedule. The first 50 JLTVs were delivered in 2021, followed by additional…
Lithuania plans to call up reserve troops up to the age of 60 for training in response to the deteriorating regional security situation, BNS reports. The Lithuanian parliament, the Seimas, has given initial approval for the initiative. The plan includes calling up around 80,000 reserve troops who served more than ten years ago. These individuals…
The opposition Social Democratic Party of Lithuania (LSDP) remained the country’s most popular political party in October 2023, according to a new Vilmorus poll, BNS reports. LSDP topped the poll with 18.0% support, which was down from 18.8% in September 2023. The ruling Homeland Union (TS-LKD) came in second with 9.3% (11.3%), followed by two…