In the first half of this year, Lithuanian Airports operated more than 2.3 million passengers, 24,000 flights, and transported about 9.9 thousand tonnes of cargo. Aviation experts say that the current trends can be described as a period of growth rather than recovery.

Lithuanian Airports has signed a design work contract with Kelprojektas, which will prepare a project for the expansion of the northern apron of Kaunas Airport. The project will create additional aircraft parking and engine testing areas, which will increase the number of aircraft parking spaces at Kaunas Airport by more than 50%. The value of the design work is almost EUR 89 thousand (excluding VAT). It is expected that the building permit will be issued by mid-February 2023, with contract works starting next year.

The Bank of Lithuania published the audited data of electronic money institution (EMI) and payment institution (PI) sector for 2021: the institutions had almost 10 million customers and revenues grew 3.5 times. In the context of supervision of the sector, the central bank assessed the growing risks and focused on individual inspections and sectoral analyses, which covered around 70 market participants.

Used cooking oil, synthetic fuel or even hydrogen should gradually become the norm as aviation fuel to help EU become climate neutral by 2050, said MEPs on Thursday.

As Lithuania pursues a rapid transition to renewable energy, the first nation-wide study to be carried out on the development of the hydrogen sector shows that Lithuania has the potential to become a significant player in the development and transportation of hydrogen resources in Europe. The study was presented at an event held at the Ministry of Energy by consulting companies Baringa Consulting Limited and Civitta, which conducted the study in cooperation with Lithuanian gas transmission system operator Amber Grid and the EPSO-G Group.

The Minister of the Economy and Innovation Aušrinė Armonaitė, who is visiting the US city of Philadelphia, will present the investment environment in Lithuania, possibilities to promote mutual trade and economic relations in meetings with representatives of the Pennsylvania state, the Lithuanian business community in the US and Canada, and Lithuanian honorary consuls.

The public can now get acquainted with the concept of the development plan of Kaunas railway node communication engineering infrastructure and the strategic environmental impact assessment report. The communities of the locations near Kaunas railway node, related organisations and the public are invited to actively participate in the territorial planning process, and to make reasoned suggestions during public deliberation.

In response to Russia’s war against Ukraine, this law aims to refill Europe’s strategic gas reserves more quickly before winter to ensure energy supplies are secure.

The InvestEU programme, launched by the European Commission with the EIB Group as the main implementing partner, seeks to boost crucial investments across Europe in support of the European Union’s policy priorities, such as the European Green Deal and the digital transition. The programme consists of three components: the InvestEU Fund, the InvestEU Advisory Hub and the InvestEU Portal.

Ukrainian businesses that have decided to start operations in our country after 24 February this year can already apply for subsidies for job creation and establishment. Up to €2 million in total will be available for subsidies under this measure developed by the Ministry of the Economy and Innovation. This measure has already been approved by the Government.