News

We invite you to check out our weekly selection of the TOP news about Lithuania:

How tech innovation is fuelling this European nation’s economic growth (Business Leader)

Lithuania is set to overcome the economic fallout from the Ukraine war. In fact, not only is the country of the storks poised to weather the storm, but the country will emerge even stronger than before.

From Bauhaus to Kaunas: Lithuania’s hidden Modernist architecture (Financial Times)

Kaunas, Lithuania’s second city, is close to unique in Europe. It has about 6,000 Modernist buildings. Some are in a poor state, but many are intact. Collectively, they are a compelling yet ghostly assortment, built mostly in the interwar period of the 20th century: Art Deco apartment blocks and family villas; a vast Modernist Catholic church; slabby offices, banks and factories.

What to do with space trash? Lithuanian startup is working on a solution (LRT)

The first satellite was launched into the Earth’s orbit in 1957. Today, there are around 8,500 active satellites orbiting our planet, according to Orbiting Now, and an unknown number of disused ones, making up the bulk of the space debris. A Lithuanian startup is working to offer solutions.

Lithuania hopes to establish itself in global semiconductor market (CAN)

A Lithuanian electronics company hopes to become the country’s first producer of semiconductors, due to a new partnership with Taiwan.

After Vinted: Lithuania’s Startup Scene Seeks Global VCs And Talent (Forbes)

In October 2022, United Kingdom-headquartered digital bank Revolut announced that it was transferring the management of European Economic Area business customers to its Lithuanian trading entity.

See you next time!

Permanent Representation of Lithuania to the European Union