Category Archives: Lithuania

Press Releases & News from Lithuania distributed via EuropaWire

EBRD Invests €10 Million in Baltic Venture Capital Fund to Boost Early-Stage Innovation

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is backing the growth of venture capital markets in the Baltic states by providing a €10 million investment in Practica Venture Capital III, managed by Lithuania-based venture capital manager Practica … Read the full press release

EIB Backs Installation of Over 8,400 EV Charging Stations in Eastern Europe to Boost Clean Mobility

(IN BRIEF) The European Investment Bank (EIB) has committed a €40 million loan to Eldrive Holding GmbH, based in Austria, to establish 8,472 electric vehicle (EV) charging stations across Bulgaria, Lithuania, and Romania over the next three years. This project … Read the full press release

Fueling Growth: ORLEN’s European Expansion Strategy Hits 3,500 Service Stations

(IN BRIEF) ORLEN, an energy company, has experienced rapid expansion with acquisitions in Austria, Germany, Slovakia, and Hungary, increasing its foreign station count by nearly a third in the past year. They are finalizing the purchase of over 60 service … Read the full press release

Coordinated Action Targets Illegal Exports to Russia; Three Suspects Arrested

(IN BRIEF) Eurojust and Europol supported a joint operation by Dutch, German, Latvian, Lithuanian, and Canadian authorities targeting alleged violations of export sanctions to Russia. During the operation, three suspects were apprehended, and 14 locations were searched as part of … Read the full press release

Lithuania Acquires Thales Ground Master 200 Radars for Enhanced Defense Capabilities

(IN BRIEF) Lithuania’s Defence Material Agency (DMA) has entered into an agreement with the Dutch procurement Agency COMMIT to procure Thales Ground Master 200 Multi-Mission Compact radars (GM200 MM/C). These advanced radars are designed to provide simultaneous detection, tracking, and … Read the full press release

Vestas Secures Order for 14 Wind Turbines from UAB Vejoteka for Kelme II Wind Farm in Lithuania

(IN BRIEF) Vestas has received a confirmed order from UAB Vejoteka, a subsidiary of Enefit Green, for the Kelme II wind farm project located in Lithuania. The order comprises 14 V162-6.2 MW wind turbines, encompassing supply, delivery, and commissioning services. … Read the full press release

EIB and NIB Finance €85 Million Mažeikiai Onshore Wind Farm in Lithuania

(IN BRIEF) The European Investment Bank (EIB) and Nordic Investment Bank (NIB) have signed a financing agreement for the Mažeikiai onshore wind farm in Lithuania, developed by Ignitis Group, a leading energy company in the Baltics. Both EIB and NIB … Read the full press release

Airbus Helicopters Expands Presence in Lithuania with H125 Aircraft Sale to ASU BALTIJA

(IN BRIEF) Airbus Helicopters and Lithuanian operator ASU BALTIJA have agreed on a contract for two H125 helicopters at the European Rotors 2023 event. These helicopters represent Airbus’ first sale to a commercial operator in Lithuania and will serve passenger … Read the full press release

EIB and Luminor Bank Sign €115 Million Agreement to Boost SME Financing in the Baltic States

(IN BRIEF) The European Investment Bank (EIB) and Luminor Bank AS have inked a €115 million agreement to enhance lending to small and medium-sized enterprises (SMEs) and mid-cap companies in Estonia, Latvia, and Lithuania. The collaboration between the EIB and … Read the full press release

EIB Provides €25 Million Loan to Lithuanian Municipal Water Company for Infrastructure Investment

(IN BRIEF) The European Investment Bank (EIB) has signed a €25 million loan agreement with Klaipėdos vanduo, the municipal water company in Klaipėda, Lithuania, to support its 2023-2026 investment program. The investment program aims to enhance water supply and wastewater … Read the full press release

OLAF Hosts 10th Annual Meeting of EU Member States’ Anti-Fraud Coordination Services (AFCOS) in Lithuania

(IN BRIEF) The European Anti-Fraud Office (OLAF) convened the 10th gathering of national Anti-Fraud Coordination Services (AFCOS) from all European Union (EU) Member States on October 18-19, 2023, in Vilnius, Lithuania. The annual conference, organized in collaboration with AFCOS Lithuania … Read the full press release

NIB Supports Lidl Lietuva’s Expansion with €50 Million Loan for New Logistics Centre in Lithuania

(IN BRIEF) The Nordic Investment Bank (NIB) and retail store operator UAB Lidl Lietuva have signed a seven-year EUR 50 million loan agreement for Lidl’s new logistics centre in Vilnius, Lithuania. This facility will enable Lidl to expand its store … Read the full press release

FL Technics Receives UK CAA Certification for CFM56 Engine Maintenance Services, Expands Engine Solutions Portfolio

(IN BRIEF) FL Technics, a prominent aircraft maintenance solutions company, has achieved certification from the Civil Aviation Authority of the United Kingdom (UK CAA) to expand its Part-145 maintenance capabilities to the CFM56 family of engines. This achievement complements FL … Read the full press release

Почему интерактивная «Карта мира» собрала ключевые антивоенные сообщества россиян по всему миру и становится для них важнейшим инструментом

«Карта мира» — это онлайн-платформа, которая помогает русскоязычным антивоенным активистам, объединяя их инициативы в одном месте, что усиливает организационные возможности глобального движения Сейчас на платформе зарегистрировано 144 инициатив и их число быстро растет. Организаторы проекта убеждены, что влияние антивоенной русской … Read the full press release

Online Organizing Platform “Map of Peace” Emerges as Key Tool for Diaspora Activists

Map of Peace is an online platform that helps Russian-speaking anti-war activists by serving as a centralized hub for all their initiatives, maximizing the organizing capabilities of the massive global community The platform currently hosts 144 such initiatives and is … Read the full press release

EBRD Joins Forces with Baltic Nations for MSCI Initiative, Strengthening Investor Appeal

(IN BRIEF) Estonia, Latvia, and Lithuania, in collaboration with the EBRD, EC, and Nasdaq Baltic, are welcoming the MSCI initiative to consolidate their markets into a single index. This integration will raise the region’s profile among international investors who track … Read the full press release

Vilnius se convertirá en la primera Ciudad Verde del BERD en los estados bálticos con una moderna flota de trolebuses

(NOTICIA EN BREVE) El Banco Europeo para la Reconstrucción y el Desarrollo (BERD) otorga un préstamo de 38,23 millones de euros a la empresa de transporte urbano de Vilnius, JSC Vilniaus viesasis transportas (VVT), para actualizar su flota de trolebuses … Read the full press release

Vilnius to become the first EBRD Green City in the Baltic states with modern trolleybus fleet

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is providing a €38.23 million loan to Vilnius’ urban transport company, JSC Vilniaus viesasis transportas (VVT), to upgrade its trolleybus fleet to modern standards. The investment will help VVT purchase … Read the full press release

Programa respaldado por InvestEU para beneficiar a microempresas en Lituania, Letonia y Polonia con préstamos de hasta 50 000 EUR

(NOTICIA EN BREVE) El Fondo Europeo de Inversiones (FEI) ha firmado un acuerdo de garantía de cartera con Noviti Finance para prestar casi 47 millones de euros a microempresas en Lituania, Letonia y Polonia en condiciones preferenciales. La garantía del … Read the full press release

InvestEU-backed programme to benefit micro-enterprises in Lithuania, Latvia and Poland with up to €50,000 loans

(IN BRIEF) The European Investment Fund (EIF) has signed a portfolio guarantee agreement with Noviti Finance to lend almost €47 million to micro-businesses in Lithuania, Latvia, and Poland on preferential terms. The EIF guarantee is provided under the European Union’s … Read the full press release