(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
Posted in Banks, Estonia, European Union, Financial, Investment, Latvia, Lithuania
Tagged Arvils Aseradens, Capital Markets Union initiative, EBRD, EC, Estonia, European Union, Gintarė Skaistė, index construction, index maintenance, Jim Turnbull, Kaarel Ots, Latvia, Lithuania, Mart Võrklaev, MSCI initiative, Nasdaq Baltic, Securities, The European Commission, The MSCI Baltic Index, Valdis Dombrovskis
(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
Posted in Banks, Energy, Gas & Oil, Environment, Infrastructure & Utilities, Investment, Lithuania, Transportation & Logistics
Tagged all-electric fleet, battery-electric trolleybuses, Darius Aleknavičius, EBRD, greener public transport, HIPCA, JSC Vilniaus viesasis transportas, Lithuania, loan, Remigijus Šimašius, Susan Goeransson, TaiwanICDF, trolleybus fleet, urban transport, Vilnius, VVT
(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
Posted in Banks, Business, European Union, Financial, Investment, Latvia, Lithuania, Luxembourg, Poland, Small Business
Tagged EIF, InvestEU, Latvia, Linas Armalys, Lithuania, Marjut Falkstedt, Noviti Finance, Poland, SMEs, The European Investment Fund, Valdis Dombrovskis
(IN BRIEF) The ORLEN Group’s diversification of natural gas supplies has helped enhance Poland’s energy independence and strengthen fuel and commodity security in the region. In 2022, LNG and pipeline deliveries from new suppliers in Norway and Lithuania represented more … Read the full press release
Posted in Business, Energy, Gas & Oil, Management, News, Norway
Tagged Daniel Obajtek, imported gas, Lithuania, LNG, Norway, ORLEN Group, PGNiG, pipeline
(PRESS RELEASE) STOCKHOLM, 25-Oct-2022 — /EuropaWire/ — Saab AB (STO: SAAB-B), leading company in the military defence and civil security markets, has announced it will deliver its best-in-class short range air defence missiles (RBS 70 missiles) to Lithuania as part … Read the full press release
EBRD invests €22.5 million to anchor €75 million issuance by EPSO-G EPSO-G is the first ever Baltic company to issue Sustainability-Linked Bond By diversifying EPSO-G funding, bond supports Lithuania’s grid integration with the EU electricity network (PRESS RELEASE) LONDON, 6-Jun-2022 — /EuropaWire/ … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, News, United Kingdom
Tagged Algirdas Juozaponis, CICERO, EBRD, electricity grid, EPSO-G, Grzegorz Zieliński, Lithuania, net electricity importer, Sustainability-Linked Bond, Sustainable Stock Exchanges Initiative, transmission grid
Die EBWE investiert 22,5 Millionen Euro, um die Emission von 75 Millionen Euro durch EPSO-G zu verankern EPSO-G ist das erste baltische Unternehmen, das eine nachhaltigkeitsbezogene Anleihe begibt Durch die Diversifizierung der EPSO-G-Finanzierung unterstützt die Anleihe Litauens Netzintegration mit dem … Read the full press release
Posted in Banks, Energy, Gas & Oil, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, United Kingdom
Tagged Algirdas Juozaponis, CICERO, EBRD, electricity grid, EPSO-G, Grzegorz Zielinski, Lithuania, net electricity importer, Sustainability-Linked Bond, Sustainable Stock Exchanges Initiative, transmission grid
(PRESS RELEASE) LUXEMBOURG, 29-Nov-2021 — /EuropaWire/ — Luxembourg Institute of Health (LIH), a public biomedical research organisation, has announced that a project called YOUNG 50 and funded by the European Commission launches in Luxembourg with the aim to screen and … Read the full press release
Posted in European Union, Healthcare, Lithuania, Luxembourg, News, Romania, Society
Tagged cardiovascular disease, Cardiovascular risk, Centre for Disease Control and Prevention, CVD, European Commission, Lithuania, Luxembourg, Obese, overweight, risk screening program, Romania, screening program, smokers, YOUNG 50
Loan of €67.5 million to improve buildings’ energy performance by 40 per cent Second EBRD loan to VIPA scales up successful collaboration on greening buildings Lithuanian project aligns with broader EU climate ambition including Renovation Wave Strategy (PRESS RELEASE) LONDON, … Read the full press release
Posted in Banks, Construction, European Union, Financial, Infrastructure & Utilities, Investment, Lithuania, News, United Kingdom
Tagged ABRF, apartment building modernization, Apartment Building Renovation Fund, apartment buildings, climate objectives, conserve energy, decarbonisation, EBRD, ENERGY, energy efficiency, energy performance, European Bank for Reconstruction and Development, European Commission, European Green Deal, green bank, Green Economy Transition, Gvidas Dargužas, investment, Lithuania, Lithuanian Public Investment Development Agency, loan, multifamily apartment buildings, Nandita Parshad, old residential buildings, reduce carbon emissions, rehabilitation investments, renovation, Renovation of buildings, Renovation Wave Strategy, residential multi-apartment buildings, VIPA
(PRESS RELEASE) LONDON, 15-Jun-2021 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces the appointment of Elisabetta Falcetti as the new Head in in central Europe and the Baltic states (CEB). EBRD President Odile Renaud-Basso has formally introduced … Read the full press release
Posted in Banks, Czech Republic, Estonia, Financial, Hungary, Investment, Latvia, Lithuania, Management, News, Poland, Slovakia, Slovenia
Tagged Baltic States, Baltics, CEB, central Europe, coronavirus pandemic, Czech Republic, EBRD, economic transition, economist, Elisabetta Falcetti, Estonia, European Bank for Reconstruction and Development, green transition, Grzegorz Zieliński, Hungary, investment, Latvia, Lithuania, Odile Renaud-Basso, Poland, Slovak Republic, Slovenia, sustainable, Warsaw
(PRESS RELEASE) LONDON, 3-Jun-2020 — /EuropaWire/ — European Bank for Reconstruction and Development (EBRD) announces new partnership with Startup Wise Guys, a leading start-up accelerator with a presence across the Baltic states. This collaboration will benefit start-ups across the regions … Read the full press release
(PRESS RELEASE) HELSINKI, 7-Aug-2019 — /EuropaWire/ — NIB and Maxima LT, UAB sign ten-year EUR 52 million loan agreement to finance Maxima’s investments in its retail network renewal in Lithuania, Latvia and Estonia. The Lithuanian retail company will upgrade 31 … Read the full press release
Posted in Banks, Energy, Gas & Oil, Estonia, Financial, Finland, Investment, Latvia, Lithuania, News, Retail
Tagged cooling systems, energy efficiency, energy efficient buildings, energy-saving lighting, Estonia, food retailer, Henrik Normann, investment, Latvia, Lithuania, MAXIMA GRUPĖ, NIB, refrigeration technology, solar panels, store refurbishment programme, Vitalij Rakovski
STOCKHOLM, 29-May-2018 — /EuropaWire/ — Minister for Foreign Affairs Margot Wallström today presented Sweden’s gift in the form of three anniversary funds the Government intends to set up for Estonia, Latvia and Lithuania on the occasion of their 100th anniversaries … Read the full press release
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
Posted in Construction, Finland, Industrial, Infrastructure & Utilities, Lithuania
Tagged construction, Hollister Incorporated, Kaunas, Lithuania, medical device factory, YIT
BRUSSELS, 27-Oct-2017 — /EuropaWire/ — Today (26 October 2017) Lithuania and Luxembourg signed an agreement on a so-called statistical transfer of renewable energy. Under this agreement Lithuania will sell a specified amount of renewable energy to Luxembourg between 2018 and 2020. … Read the full press release
Posted in Energy, Gas & Oil, Government, Lithuania, Luxembourg
Tagged Lithuania, Luxembourg, renewable energy
Major step forward in EBRD-managed decommissioning process LONDON, 12-Jun-2017 — /EuropaWire/ — The Ignalina Nuclear Power Plant (INPP) in Lithuania has taken another important step forward in the decommissioning process, managed by the EBRD, with the start of the hot trial, … Read the full press release
HEIDELBERG, 24-Jan-2017 — /EuropaWire/ — EMBO welcomes Lithuania as a member of the EMBO Installation Grants scheme. Early-career scientists looking to move to Lithuania to establish their own, independent research group can apply to the scheme for financial support for … Read the full press release
Posted in Financial, Germany, Lithuania, Science
Tagged EMBO, EMBO Installation Grants scheme, Gerlind Wallon, Lithuania, Professor Virginijus Siksnys
The first joint showroom is now opened in Kaunas. By the end of 2016, fixed line and fiber optic communications services and devices will be available all over Lithuania in two-branded showrooms. VILNIUS, 23-Aug-2016 — /EuropaWire/ — In the beginning of … Read the full press release
Posted in Internet & Online, Lithuania, Sweden, Telecom
Tagged customer care, fiber-optic communications services, Lithuania, Mobile, Omnitel, Teo
BRUSSELS, 06-1-2015 — /EuropaWire/ — On 1 January 2015 Lithuania became the 19th member state of the euro area, with euro coins and banknotes entering circulation on the same day. The country joined a number of euro area institutions and euro-related … Read the full press release
Posted in Belgium, European Union, Financial, Lithuania
Tagged banking union, Donald Tusk, euro area, Euro Summit, European Central Bank, European Stability Mechanism, Eurosystem, Lithuania
Vilnius, Lithuania, 16-12-2013 — /EuropaWire/ — The European Ombudsman, Emily O’Reilly, has warned that the key objective of EU citizenship, namely for people to feel a stronger attachment to the EU, is not succeeding. At the closing conference of the “European … Read the full press release
Posted in Art & Culture, European Union, Government, Lithuania, Politics, Society
Tagged cultural diversity, Emily O'Reilly, EU citizenship, EU principles, EU values, EU's identity, EU's legitimacy, European Year of Citizens 2013, Freedom, language diversity, Lithuania, Ms Gundi Gadesmann, protection of minorities, solidarity, The European Ombudsman, Vilnius
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