Over 250 Russian and Belarusian trucks were refused entry into Lithuania following the EU’s fifth package of sanctions against the two countries. Meanwhile, unprecedented queues of trucks have formed on the Lithuanian side of the border with Belarus. According to the Customs Department, the queues at the Lithuanian border with Belarus have never been so…
On April 11, Klaipeda started a new cruise season, with 80 cruise ships expected to arrive this year. The season was opened by the Conti Group-owned Hamburg cruise ship that brought more than 300 German tourists to Klaipeda. The 144-meter-long Hamburg, with a capacity of 420 passengers operated by German company Plantours Kreuzfahrten was docked…
The Lithuanian government has put together a plan on alleviating the effects of inflation, with the parliament expected to vote on them before Easter. Observers say more effort may be needed within months – and it may include measures that the government rejects today. Epigone, a company that sells merchandise linked with Lithuania, says the…
Lithuania plans to spend more than 1 billion euros on purchasing weapons from the US and Germany over the next couple of years, the Defence Ministry says. The United States and Germany are the main sellers of weapons for the Lithuanian military, which has spent 0.5 billion euros on purchases from the US and almost…
Nord Security, a cyber security tech firm that is behind NordVPN, has become Lithuania’s second company to be valued at over $1 billion after attracting an investment of $100 million. Founded in 2012, Nord Security is now valued at $1.6 billion. This makes the company Lithuania’s second unicorn, after the clothing resale platform Vinted. According…
Klaipeda and Siauliai, Lithuania’s third and fourth biggest towns respectively, held events on April 7 where Ukrainians could meet potential employers. During the meetings, employers presented their activities and later met with people interested in jobs in a particular field for one-on-one interviews. Next week, a contact fair with representatives of companies in the service…
Lithuania cannot unilaterally cut off railway transit between mainland Russia and the exclave of Kaliningrad, according to Transport Minister Marius Skuodis. “As for unilateral decisions on the Kaliningrad transit, such a thing is probably not theoretically possible, because this is an agreement between the European Union and Russia,” he told reporters on April 6. If…