Tag Archives: Kaunas

Kaunas Secures €35 Million EIB Loan to Upgrade Heating System and Boost Renewable Energy

(IN BRIEF) Kaunas, Lithuania’s second-largest city, will modernize its district heating system using a €35 million loan from the European Investment Bank (EIB), supported by the European Commission’s InvestEU program. The project, led by utility company Kauno Energija, will upgrade … Read the full press release

YIT to start construction on the second stage of Hollister Incorporated’s medical device factory in Kaunas, Lithuania

HELSINKI, 24-May-2018 — /EuropaWire/ — YIT has signed a contract with Hollister Incorporated, a US-based medical products manufacturing company, to construct the second stage of a medical device factory in Kaunas, Lithuania. The value of the deal for YIT is approximately EUR 25 million … Read the full press release

Waste-to-Energy Power Plant In Kaunas Starts Investment

ESPOO, 20-Mar-2017 — /EuropaWire/ — The joint venture Kauno Kogeneracinė Jėgainė (KKJ), owned by Fortum and Lietuvos Energija, will build a waste-to-energy combined heat and power plant (CHP) in Kaunas, Lithuania. On 16th March KKJ signed contracts for the main equipment … Read the full press release

CoR members: Future of European Union rural areas uncertain after recent EU budget cuts

30-7-2013 — /EuropaWire/ — Europe’s rural areas are home to 60% of the entire EU population and provide 56% of all jobs across the Union. Yet shortly after the agreement on the new Common Agricultural Policy, its future seems uncertain unless … Read the full press release