Lithuania

Hot weather causes power generation problems in Lithuania

Electricity output in Lithuania declined last week because of hot and windless weather, while consumption and prices rose. This was reported on Monday by Litgrid, the country’s power transmission system [..]

HISK wins contract to build Rail Baltica section in Lithuania

Lithuania’s infrastructure and building company HISK has won an EUR 83.4 million euro (without VAT) contract to install a 12.1-kilometre section of the European-gauge Rail Baltica railway between Seta and [..]

Warsaw–Tallinn train service by 2030 is an aspiration, not a guarantee – Rail Baltica representative

Rail Baltica, the multi-billion-euro European standard gauge railway linking Poland and the three Baltic states, is scheduled for completion by 2030, but meeting that deadline will be a major challenge, [..]

Lithuanian leaders taken to shelters due to airspace violation by Belarus

Lithuanian Prime Minister Gintautas Paluckas and Seimas Speaker Saulius Skvernelis were taken to shelters on Thursday following a violation of Lithuanian airspace from Belarus. Initial reports suggested that a Shahed [..]

Ignitis Group CEO: Lithuania could have its first Baltic Sea wind farm by 2031 – 2033

Lithuania may have its first offshore wind farm in the Baltic Sea between 2031 and 2033, according to Darius Maikštėnas, CEO of the state-controlled energy company Ignitis Group. “One [farm] [..]

Lithuanian PM: Honorary consuls should actively help attract foreign specialists

Honorary consuls should play an active role in attracting investment and skilled workers from Asian, Latin American, and African markets, Lithuanian Prime Minister Gintautas Paluckas told the country’s diplomats on [..]

Experts overlook the purpose of Lithuania’s tax reform, highlight risks to personal income tax collection

With Lithuania’s Finance Ministry forecasting that the latest tax reform will contribute around 340 million euros to the Defense Fund next year and more than 500 million euros annually in [..]

Hanner and BaltCap complete transaction to take over national stadium project in Vilnius

Lithuanian real estate development company Hanner, which is taking over the national stadium project in Vilnius, and investment company BaltCap have completed the transaction to acquire the shares of the [..]

U.S. fintech giant Robinhood establishes its first European cryptocurrency hub in Lithuania

“In Europe, Robinhood has launched a dedicated cryptocurrency trading platform through its Lithuania-based entity, Robinhood Europe, marking a significant milestone in the company’s global growth strategy,” Investuok Lietuvoje (Invest Lithuania), [..]

Flights between Vilnius and Tel Aviv partially resumed

One of the three regular flights between Vilnius and Tel Aviv was resumed on Sunday night after the military conflict between Israel and Iran ended with a ceasefire, Lithuanian Airports [..]

Swedbank and EIF to lend up to EUR 300 million to Baltic businesses and individuals

Swedbank, one of the largest commercial banks in Lithuania, and the European Investment Fund (EIF) will jointly provide up to EUR 300 million in loans to businesses and residents across [..]

Lithuanian President discusses truce in Middle East

Lithuanian President Gitanas Nauseda has said that if a truce between Israel and Iran holds, then that will deal a blow to the so-called axis of evil. “We see Iran [..]

New hotel to be built in Lithuania

A new Hilton hotel and spa worth EUR 65 million will be built on the shores of the Baltic Sea in the Giruliai area near Lithuania’s western town of Klaipeda, [..]

Lithuanian parliament to vote on property and income tax changes, as well as pension reform

The Lithuanian parliament is expected to hold a final vote on Thursday on changes to property and personal income tax rates, set to take effect in 2026, as well as [..]

Electricity prices in Lithuanian at lowest level since April 2024

The average wholesale price of electricity on the Nord Pool exchange’s bidding area in Lithuania dropped by 41% last week from the week before, to EUR 37/MWh. This was down [..]

Lithuanian President invites Cyprus to open embassy

Lithuanian President Gitanas Nauseda has invited Cyprus to open its Baltic embassy in the Lithuanian capital city of Vilnius. “I am aware of Cyprus’ plans to establish an embassy in [..]

Ryanair to add more flights to Palanga-London route

The Irish no-frills airline Ryanair has announced that at he end of October, it will start operating seven flights a week from the Lithuanian seaside resort of Palanga to London, [..]

Our goal is to establish not one, but two new training areas, said the Lithuanian Vice Minister

Lithuania aims to establish not one, but two new military training areas, Defense Vice Minister Orijana Masale said, as the Environment Ministry identified seven potential sites for a new training [..]

Rail Baltica link to Vilnius will be built after 2030, ministry says

The section of the Rail Baltica European-gauge railway to Vilnius will be constructed after 2030, following the completion of the main line, the Ministry of Transport and Communications said on [..]

Ministries oppose proposal to postpone Lithuanian language requirement for Ukrainians

Several ministries and state institutions have expressed opposition to the Education, Science and Sport Ministry’s proposal to postpone by another year the requirement for Ukrainians granted asylum in Lithuania to [..]

Chinese Embassy in Lithuania remains empty

There have been no diplomats from the People’s Republic of China in Lithuania since mid-May, because Lithuania and China are in a spat over how to restore diplomatic representation. “There [..]

LTOU: upcoming flight from Vilnius to Tel Aviv cancelled

Lietuvos Oro Uostai (Lithuanian Airports, LTOU), Lithuania’s airport operator, has announced that the upcoming flight from Vilnius to Tel Aviv has been cancelled. “The next flight from Vilnius to Tel [..]

GPS jamming to persist as long as Russia’s war continues – Lithuanian parliament speaker

Recent disruptions to GPS signals affecting aircraft and ships near the Lithuanian seaport of Klaipėda are linked to Russia’s efforts to shield its Kaliningrad exclave from potential airstrikes, Lithuanian parliament [..]

Lithuanian ministry seeking additional funding for border with Russia

Lithuanian Interior Minister Vladislav Kondratovic has announced that his country needs an estimated EUR 120 million to ramp up security along its border with Russia. “The total amount exceeds EUR [..]

Lithuanian cabinet approves drone, optical equipment purchases without public tender

The Lithuanian government on Wednesday approved bypassing public tender procedures for the procurement of unmanned aerial vehicles (UAVs), counter-drone systems, optical surveillance equipment, and laser target designators. The Cabinet endorsed [..]

Lithuanian PM optimistic about maintaining strong Poland relations under new leadership

Lithuanian Prime Minister Gintautas Paluckas expressed hope on Tuesday that Lithuania and Poland will maintain their strategic partnership following Poland’s recent presidential election. “The close bilateral relations and ties between [..]

Lithuanian president calls for increased defence spending in NATO member states

Lithuanian President Gitanas Nauseda said on Monday that NATO must step up its future defence funding commitments. As the United States has pressed allies to allocate 5% of GDP to [..]

Poland shifts €6B in EU funds to defence; Lithuania says its hands are tied

Poland is preparing to divert EUR 6 billion from the European Union’s Recovery and Resilience Facility toward defence spending, but Lithuanian Prime Minister Gintautas Paluckas says that his country has [..]

Lithuanian company expanding into Poland

Mantinga is a Lithuanian producer of breads, snacks and frozen products, and it has opened a branch in Poland. Mantinga hopes to become one of the main suppliers of frozen [..]

Maxima to invest millions in store reconstruction

Maxima is the largest supermarket retail group in the Baltic States. Operated by the Maxima Group, the company says that it will have invested more than EUR 100 million in [..]

Agenda highlights for telematics & connected mobility 2025: International experience brought to Vilnius

Gurtam, the Vilnius-based IoT software developer, has revealed the agenda highlights for its upcoming Telematics & Connected Mobility conference. The event will take place on September 10–11, 2025, at LITEXPO [..]

AI landmark in the Baltics: Lithuania launched one of CEE’s most powerful AI platforms

Lithuania has launched one of the most powerful AI platforms in Central and Eastern Europe, built on the advanced NVIDIA DGX B200 server. Valued at €1 million, the system has [..]

Lithuanian working group preparing Rail Baltica completion plan

Lithuania’s Ministry of Transportation and Communications has established a working group to co-ordinate the further construction of the Rail Baltica railway. The new group will draw up plans to ensure [..]

Lithuania sues Belarus over migrant crisis

Lithuania’s Foreign Ministry announced on Monday that Lithuania has sued Belarus before the International Court of Justice over a migrant crisis that has been triggered by the regime of Alexander [..]

Revolut opening second base in France

The British finance company Revolut, which has a banking license in Lithuania, has announced that it is establishing a two-base model with a new Paris office to handle operations in [..]

Malta to block gambling access as part of deal with Lithuanian regulator

Lithuania’s Gaming Control Authority (GCA) is expected to remove Betway Limited from its list of illegal gambling operators after the Maltese-based company, which is not licenced in Lithuania, agreed to [..]

GetJet Airlines and Tez Tour sign a new long-term agreement

GetJet Airlines, Lithuanian ACMI and charter service provider, has signed a long-term agreement with Tez Tour, one of the largest travel organizers in the Baltic States, marking a new chapter [..]

Lithuanian government approves tax reforms

Lithuania’s Cabinet of Ministers on Wednesday approved a package of tax changes proposed by the Finance Ministry which will now be forwarded to Parliament for its consideration. Prime Minister Gintautas [..]

Poll shows increasing dissatisfaction in Lithuanian government

Lithuanian Prime Minister Gintautas Paluckas remains the public’s top choice to lead the Cabinet of Ministers, but the percentage of Lithuanians disapproving of the government’s performance has increased during the [..]

Lithuanian PM discusses ties between Lithuania, Taiwan

Lithuanian Prime Minister Gintautas Paluckas has said that it is a “big mistake” to present Lithuania’s ties with Taiwan as economically beneficial, arguing that the relationship is more about values [..]

Satellite company plans expansion in Vilnius

Kongsberg NanoAvionics is a Lithuanian company which manufactures small satellites, and its currently looking for a place to expand in Vilnius since receiving a major order from the US-based space [..]

Lithuanian avionics group raises new investments

WeSky is a Lithuanian startup which has developed an in-seat charging solution for airplanes. The company has now attracted another EUR 1.036 million in investment from the Coinvest Capital venture [..]

Lithuanian retail sales lower than EU average in March

Lithuania experienced retail sales growth in March that was below the EU average when compared to the same month in 2024, according to the latest Eurostat figures, which were released [..]

Lithuania closes airspace to planes heading for Moscow

Lithuania will not allow politicians from Slovakia and Serbia to cross its airspace on their way to Victory Day celebrations in Moscow, sources told BNS on Wednesday. Serbian President Aleksandar [..]

New auditor general appointed in Lithuania

Irena Segaloviciene, who has been the chief economic and social policy advisor to Lithuanian President Gitanas Nauseda, has now been appointed as the country’s new auditor general. In a secret [..]

Lithuanian court suspends tender for demolition of Moscow House in Vilnius

A Lithuanian court has suspended the public bid for tenders to find someone to demolish the so-called Moscow House in Vilnius, after one of the bidders turned to the courts [..]

Gurtam marks Earth day by planting 2,000 trees in Lithuania

Gurtam, a Vilnius-based IoT software developer with a focus on fleet management, marked Earth Day 2025 by planting 2,000 trees in Lithuania’s Molėtai district. Recently named Socially Responsible Company of [..]

Vilnius planning civil defence, anti-terrorist drills

Drills aimed at ensuring crisis management, civil defence and anti-terrorist activities are due to take place in Vilnius on Tuesday. Participants will train how to respond a large chemical fire [..]

Italian company buys Lithuanian firm

C&C in Italy is one of Apple Premium’s largest retail network operators in Europe, and it has now acquired iDeal LT, which is a retailer of Apple products in Lithuania. [..]

Lithuania’s GDP growth solid, but concerns loom over future – economists

Lithuania’s economy posted solid growth in the first quarter of this year despite geopolitical risks and lingering uncertainty, but economists warn that the outlook for the remainder of the year [..]