The Seimas Committee on National Security and Defence (NSGK) will consider an initiative to ban business relations with Russia, the committee chairman Laurynas Kasciunas has said. “We will soon have an NSGK meeting not only on this issue but also on the analysis of Russia’s participation in the market and Russia’s impact on our economy…
Floating stations are being anchored in the Baltic Sea to carry out hydrometeorological measurements as Lithuania prepares to build its first offshore wind farm, the Lithuanian Energy Agency has said. The equipment, delivered and installed by Spain’s Eolos Floating Lidar Solutions, will provide data on wind speed and direction, atmospheric pressure, air temperature and relative…
A third of the Lithuanian population has donated money to Ukraine’s fight against Russia or to support Ukrainian refugees, but almost 40% say they have not reacted in any way to the war, according to the results of a survey commissioned by LRT. The poll, conducted by Baltijos Tyrimai at the end of June, asked…
The Lithuanian Energy Minister Dainius Kreivys signed an agreement between the US Department of Energy and the Lithuanian Ministry of Energy as Lithuania aims to achieve energy security and make its energy sector climate-neutral. According to the Energy Ministry, it’s the first memorandum of this kind, signed between the American and Lithuanian institutions in charge…
Lithuania harbours ambitions to have its space sector generating approximately 1% of the country’s gross domestic product (GDP) in five years’ time, Economy and Innovation Minister Ausrine Armonaite has said. According to her, Lithuania joined the European Space Agency within mere two months, which proved that the country was serious in its intentions. A total…
The largest vertical farm in Europe is currently being developed in Lithuania. The business has already attracted 6 million euros in investment, and more is expected over the summer. According to Valentinas Civinskas, CEO of Leafood, the developer of the vertical farm, this technology will allow Lithuanians to enjoy fresh quality produce all year round.…
The leaders of parliamentary parties in Lithuania on July 15 signed a new national defence agreement, pledging to keep military spending above 2.5% GDP and increase the number of conscripts. “We are signing this agreement at a truly special time when it’s very important to objectively assess the changed geostrategic environment and arising new threats,…