The Estonian aircraft painting and maintenance company Magnetic MRO is to open a new online store, enginestands24.com, where it will sell and lease aircraft engine stands.

On July 12 the National Centre for Cyber Security will be inaugurated at its premises in the territory of the General Jonas Žemaitis Military Academy of Lithuania, Vilnius.

The European Commission and the European Investment Fund (EIF) today launched a €121 million guarantee initiative to support SMEs in the cultural and creative sectors via financial institutions. This scheme is expected to create more than €600 million worth of bank loans over the next six years.

Lector of VGTU Faculty of Fundamental Sciences Department of Engineering Graphics Arvydas Rimkus visited Kobe University in Japan with Erasmus staff teaching mobility on May 23-27. It was the first and very successful teaching mobility visit implemented under global Erasmus+ programme. The programme provides excellent cooperation opportunities for academic staff with colleagues from non-European higher education institutions.

EU Commission plans to allow claims that sugary drinks and energy drinks containing caffeine boost “alertness” or “concentration” were vetoed by the European Parliament on Thursday. Displaying these claims on drinks cans would have led to higher sugar consumption among adolescents, who are the largest group of energy drink consumers, said MEPs in their resolution.

New rules plan to make it easier for consumers to buy energy-efficient household appliances by simplifying the current labelling system. They will be debated by MEPs on Monday 4 July and voted on Wednesday. The draft text calls for replacing the current scale with a far more transparent A to G system of presenting energy efficiency. Watch a video to find out more.

The Commission today launches a new public-private partnership on cybersecurity that is expected to trigger €1.8 billion of investment by 2020. This is part of a series of new initiatives to better equip Europe against cyber-attacks and to strengthen the competitiveness of its cybersecurity sector.

The Lux Film Prize, which the European Parliament awards to the best film produced in Europe, is celebrating its 10th anniversary this year. The nominations for 2016 have tonight been revealed at the Karlovy Vary International Film Festival in the Czech Republic. The three films short-listed for the finals will be announced in the end of July and the prize ceremony will take place in November.

The European Commission and the European Investment Fund (EIF) have launched a new initiative to help SMEs in the cultural and creative sectors access credit. The €121 million which will be invested by the EU in this financial instrument until the end of 2020 is expected to leverage more than €600 million worth of bank loans over the next 6 years.

Vytautas Magnus University (VMU) is a classical university of liberal arts which pays a particular attention on the internationalization of the studies and research. It is one of the most international universities in Lithuania and the wider Eastern Europe and Baltic region. Every year an increasing amount of foreign students has been coming from European, Asian and American continents to study here. What are the main reasons of their choices? Why do foreign students choose studies in VMU? About the choices and experiences – we speak with the students, who came from the very different countries (USA, Morocco, Ukraine, Georgia, Venezuela and Turkey) and decided to study “International Politics and Development Studies”, the most popular bachelor level program among foreign students.