EconomyRail Baltica progress: territorial planning of infrastructure of Panevėžys railway node and regional stations about to begin2022-06-24, 14:20LTG Infra, the company responsible for the implementation of the Rail Baltica project in Lithuania, has signed contracts with the winner of two tenders. One is for planning the infrastructure of the Panevėžys railway node, and the other is for preparing the documents necessary for the design of regional stations and engineering systems in the Rail Baltica section from Kaunas to the Lithuanian-Latvian border. Both tenders, announced last December, were awarded to the joint venture partners Kelprojektas and Kelvista. Lithuania’s Revolutionary 5G Ecosystem for Start-Ups: EUR 24.5 Million Support, UK Entrepreneurs and the Scientific Community Offer Cooperation2022-06-23, 14:04The involvement of the government, the common interest of the public and private sectors, the contribution of the scientific community and the added value to society — the importance of such a common approach of interested parties was emphasised by scientists, entrepreneurs and start-ups from the United Kingdom (UK), who participated in an international event organised by the Ministry of Transport and Communications, where the ‘Sandbox’ initiative created by the Ministry was presented. The UK entrepreneurs and scientists were interested in the development of the 5G technology ecosystem in Lithuania and discussed cooperation with potential participants in the ‘Sandbox’ programme. Workers made redundant in six companies producing household appliances in Attica, Greece, should receive €1.5 million in EU aid. Lithuanian businesses that have suffered difficulties as a result of China's actions can now apply for working capital loans. A stimulus financial facility prepared by the Ministry of the Economy and Innovation is being launched today, allowing businesses to receive loans of up to €5 million, and groups of companies up to €10 million. A total of €130 million is planned. Lithuania and Kazakhstan seek to increase the volume of bilateral trade through much closer cooperation in the fields of transport and logistics, according to Marius Skuodis, the Minister of Transport and Communications, who is currently visiting Kazakhstan. During the opening of the Lithuania-Kazakhstan Business Forum in Almaty, the Minister encouraged the entrepreneurs of Kazakhstan to make more active use of the possibilities for cooperation, as well as to increase the opportunities for cargo transportation by rail and through Klaipėda Seaport. Ministry of the Economy and Innovation has provided contracting authorities with further clarifications and solutions for reviewing fixed prices in the existing contracts or providing for the possibility to do so in the context of the award of new contracts. Lithuania is becoming a 5G innovation laboratory: start-ups, business and science are invited to Sandbox presentation2022-06-16, 14:19On 15 June, the 5G Sandbox developed by the Ministry of Transport and Communications will be introduced to the business and scientific community in Vilnius. During the event, insights and already tested practices on the potential of 5G and opportunities for business and the economy will be shared, business and science engagement and international cooperation in the implementation of Lithuania’s 5G Sandbox initiative will be promoted. Lithuania and Poland are planning additional transport connections and corridor for Ukrainian freight transport to Baltic seaports2022-06-14, 13:14On 6-7 June, the 3Seas Local Government Congress and the Economic Forum held in Lublin (Poland) discussed the development of the Baltic Sea–Black Sea/Aegean corridor in the new geopolitical context. The development of this corridor to the territory of Lithuania and the cooperation of the countries in the transport of Ukrainian products through Poland to the Baltic seaports were discussed at the bilateral meeting between the Deputy Minister of Transport and Communications of Lithuania Julius Skačkauskas and the Minister of Infrastructure of Poland Andrzej Adamczyk. This was further discussed in the Economic Forum. Lithuania seeks to include Klaipėda in the Trans-European Transport Network, as well as railway connections with Ukraine2022-06-08, 11:47As the European Commission reviews the development plans for the Trans-European Transport Network (TEN-T), important transport connections should be included in this network, both the new European high-speed rail line to Klaipėda and the railway connections with Ukraine. This is the proposal for the development of TEN-T made by Marius Skuodis, the Minister of Transport and Communications, at the Transport, Telecommunications and Energy (TTE) Council of the European Union (EU) in Luxembourg on 2-3 June. Opportunity to use 50 million euros of the Modernisation Fund for compensation of purchases of electric vehicles is now open2022-06-07, 13:41Lithuania continues to provide incentives for the purchase of electric vehicles – the country’s residents and companies can already apply for compensation for the purchase of pure electric vehicles from the funds allocated from the Modernisation Fund. To this end, it is planned to disburse 50 million euros of this fund by the end of 2026, which will encourage purchase of more than 14 thousand electric vehicles. |
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