EconomyMore Than EUR 500 Million of the Plan “New Generation Lithuania” Will Reach Lithuania in Mid-May2023-05-03, 16:28At the meeting Minister of Finance Gintarė Skaistė and European Commissioner for Economic Affairs Paolo Gentiloni discussed that more than EUR 500 million under the first payment application will reach Lithuania in mid-May. At the meeting, the politicians also debated the planned supplementation of the plan “New Generation Lithuania” by up to EUR 1.9 billion and its further implementation. They also discussed the ongoing review process of the EU fiscal rules. As part of his working visit to Germany, President Gitanas Nausėda met on Thursday with Joerg Bongartz, Chief Executive Officer for North and Eastern Europe at Deutsche Bank, and Lothar Meenen, the bank’s Head of European Affairs. The meeting focused on the advantages of Lithuania’s investment environment, the bank’s possible expansion plans and the prospects for closer cooperation with Lithuania. Ministry of Transport and Communications launches development of the hydrogen refuelling infrastructure in Lithuania: First station – in 20242023-04-27, 15:55A call for the submission of hydrogen refuelling station project implementation plans has been officially announced. There are plans to encourage the installation of four public refuelling stations in Lithuania by 2026. EUR 3.6 million have been earmarked for this from the Recovery and Resilience Facility (RRF). The first hydrogen refuelling station is already expected to be installed in Lithuania in late 2024. One of the most important Port of Klaipėda projects in recent years has been completed. It can be considered a historical event2023-04-26, 13:43If a standard five-storey building was to stand in the middle of the Klaipėda port waters today, it would be completely underwater. The port waters and entrance channel dredging project that began at the Port of Klaipėda in 2020 has been completed. 15.5 metres – this is now the depth of the Port of Klaipėda ship channel, and the harbour master will be issuing an order to increase the maximum permissible draught to 14.3 metres in the near future. This, one of the most important projects of recent years, opens up new opportunities for the port. Ministry of Transport and Communications Sandbox initiative gaining momentum: EUR 24.5 million in support secured for promoting 5G-based innovation2023-04-25, 18:10The Ministry of Transport and Communications is implementing the Sandbox innovation tool. After approval of the funding conditions for this initiative, an open call was published to apply for EUR 23.5 million in support. The second call, which is for start-ups, provides for another EUR 1 million in support. Both tools were presented to the public and potential applicants over the past two months. Seaports of Klaipėda and South Korea to cooperate in the fields of digitisation, innovation and environmental protection2023-04-24, 16:36The seaports of Klaipėda and Incheon in South Korea have agreed to exchange knowledge and experience in developing sustainable and harmonious port development. This is provided for in the Memorandum of Understanding signed today by Port of Klaipėda Director General Algis Latakas, Incheon Port Authority President Choi Joon-Wook, and Lithuanian Minister of Transport and Communications Marius Skuodis. Parliament endorsed the first EU rules to trace crypto-asset transfers, prevent money laundering, as well as common rules on supervision and customer protection. Find out about different work permits for workers from outside the EU and how the EU is revising them to bolster legal labour migration. Ministry of Transport and Communications to allocate EUR 1 million in support to 5G innovation start-ups2023-04-19, 11:49The Ministry of Transport and Communications has announced a EUR 1 million competitive call for start-ups in an effort to promote the creation, testing and development of digital technological solutions in Lithuania. This call is part of the Sandbox innovation promotion programme, so the main condition is that the start-ups applying for support create, test and develop solutions that are based on 5G next-generation connectivity. Aviation results for the first quarter: Lithuanian airports return to pre-pandemic levels, Kaunas and Palanga improve records2023-04-18, 18:08In March, the number of passengers at Lithuanian airports grew by more than a third compared to the previous year, and two airports - Kaunas and Palanga - improved their record results for 2019. The first quarter of this year was also a successful one for Lithuanian aviation. |
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