Lithuania’s state-owned airport operator, Lietuvos Oro Uostai (Lithuanian Airports, LTOU), plans to invest another EUR 250mn in 2025-2052, according to a study drawn up by Dutch aviation consultancy NACO, BNS reports. Under the plan, LTOU would invest around EUR 180mn in developing Vilnius International Airport, EUR 50mn in Kaunas Airport, and EUR 20mn in Palanga…
Ukraine’s President, Volodymyr Zelensky, has arrived in the Lithuanian capital, Vilnius, on a tour of Baltic States, ERR reports. The topics of discussion will be security, EU and NATO integration, cooperation on electronic warfare and drones, and coordinating European support for Ukraine. Zelensky expressed gratitude for the “uncompromising support” for Ukraine that the Baltic States…
Poland’s Bank Polska Kasa Opieki (Bank Pekao) plans to open a branch in Lithuania, according to Gediminas Simkus, head of the Bank of Lithuania, BNS reports. Speaking in an interview with 15min, Simkus said that Bank Pekao’s representatives visited Lithuania in December 2023. He was optimistic about the bank setting up operations in Lithuania. Sources…
Lithuania is exploring the possibility of acquiring a stake in Latvia’s national air carrier, Air Baltic Corporation (airBaltic), according to Transport Minister Marius Skuodis, BNS reports. Skuodis has discussed the issue with his Latvian counterpart, Kaspars Briskens. Skuodis suggested that some airBaltic aircraft could be based in Lithuania and that airBaltic could become a joint…
Latvia will gradually assume responsibility for NATO’s Baltic air policing mission due to ongoing repairs at the Estonian Air Force base in Ämari, LETA reports. The Latvian National Armed Forces (NBS) air base in Lielvarde will host the mission for nine months from 1 March 2024. This is the first time that the mission rotation…
The new Lithuanian Exarchate of the Ecumenical Patriarchate of Constantinople of the Eastern Orthodox Church plans to build its own church, possibly in Vilnius, BNS reports. Justinus Kiviloo, head of the exarchate, stated that he was “categorically against” taking over church buildings from the Russian Orthodox Church. He said that the funds to build the…
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…