Ukraine may move part of its drone production to Lithuania, Foreign Minister Gabrielius Landsbergis announced, BNS reports. Speaking during a visit to Kyiv, Landsbergis said that one option would be to set up joint drone production in Lithuania. Earlier, the Lithuanian Armed Forces (LGP) announced plans to acquire reconnaissance drones within three years, BNS reported….
Lithuania is holding “intensive and very detailed” talks with Germany’s Rheinmetall on opening a new factory in the country, Economy Minister Ausrine Armonaite announced, BNS reports. Rheinmetall’s top management met with Prime Minister Ingrida Simonyte in November 2023. According to 15min, the new factory could produce NATO-standard 155mm artillery shells. Rheinmetall and Krauss-Maffei Wegmann have…
Lithuania’s Foreign Ministry has proposed extending current restrictions on Russian and Belarusian citizens for another year until May 2025, BNS reports. Under the proposal, the restrictions on Belarusians would be tightened but not completely to the level imposed on Russian nationals. Belarusian citizens arriving in Lithuania with Schengen visas would undergo extra risk assessments and…
A Russian attack on NATO countries was “practically impossible” in the near future, Lithuania’s defence chief, Valdemaras Rupsys, stated, BNS reports. Speaking in an interview with Ziniu Radijas, Rupsys warned that diverging political statements and military assessments on the Russian threat created “some confusion,” which could scare the public. His assessment was that the possibility…
The Lithuanian government has banned military staff, border guards, and police officers from travelling off-duty to Russia, Belarus, and China, BNS reports. The Defence Ministry noted that Russia, Belarus, and China posed threats to Lithuania’s national security, including through espionage. Intelligence authorities in the three countries collect information on Lithuanian citizens with access to classified…
The decision of the three Baltic States to build a “Baltic defence line” is preparation for a possible Russian attack, Lithuanian Foreign Minister Gabrielius Landsbergis stated, BNS reports. He said that the move served as a political message, seeking to draw the attention of allies to the threat posed by Russia. “If Russia is not…
Lithuania’s State Defence Council (VGT) has agreed to buy German-made Leopard 2 tanks for a planned new army division, Kestutis Budrys, chief national security adviser to President Gitanas Nauseda, announced, BNS reports. The council tasked the Defence Ministry to begin negotiations with German manufacturers and other countries interested in procuring the equipment. Also, the council…
US investment company Blackstone plans to sell Baltic-based Luminor Bank, according to Bloomberg, LETA reports. Blackstone expects to sell the bank for around EUR 1.9bn and to conclude the deal in 2024. Peter Priisalm, head of Avaron Investments, suggested that one potential buyer could be Polish insurance group PZU, while Valeria Kiisk, partner at Redgate…
Lithuanian President Gitanas Nauseda has called a meeting of the State Defence Council (VGT) for 23 January 2024, BNS reports. The meeting will discuss a strategic threat assessment from the Lithuanian intelligence services, the structure of the national defence system, and the economic and financial measures for building an army division. Lithuania plans to establish…