Your Weekly News from Lithuania

Your Weekly News from Lithuania | May 7

May 07 2021

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First week of May - Lithuania celebrates the European week! From May 1, the day when Lithuania joined the EU, to May 9, the Europe Day.

SCIENCE & INNOVATION

Virus-Driven Biotech Boom Rescues Lockdown Economy in Lithuania

After triggering months of on-and-off lockdowns, the pandemic actually helped Lithuania’s economy record a strong rebound last quarter.

Driving the expansion is U.S. biotech company Thermo Fisher Scientific, whose local unit opened a new plant in December to meet surging global demand for reagents used in Covid-19 tests.

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POLITICS

Lithuania’s FM Gabrielius Landsbergis: Lithuania and Cyprus are interested in strengthening the European Union’s capacity to act unanimously

The Minister of Foreign Affairs of Lithuania Gabrielius Landsbergis held a meeting with the Minister of Foreign Affairs of Cyprus Nikos Christodoulides and discussed possibilities for strengthening bilateral cooperation, the situation in the European Union’s neighbourhood, important regional security issues, EU-Turkey relations, and response to the Covid-19 pandemic.

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FINTECH

Launchpad Capital to invest in Lithuanian fintechs

Launchpad Capital, a new early-stage venture capital firm led by long-time San Francisco-based fintech investor and entrepreneur Ryan Gilbert, is to use part of a $35 million to support early stage Lithuanian startups targeting North America.

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STARTUP

Over 800 Student Start-Ups to Come to Life in Business School Incubators within a Year

Enterprise Lithuania, an entrepreneurship and export development agency, has initiated the implementation of the JA Company Programme program across entire Lithuania. The program is focused on the development of practical entrepreneurship skills in school students by showing them how to run a business while still in high school.

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As The Roop polishes its Discoteque performance, Gediminas, the Grand Duke of Lithuania and the founder of Vilnius, tries on The Roop’s yellow costume details. | Credits: Go Vilnius

GLOBAL LITHUANIA

Young Lithuanian pianist teaches Čiurlionis’ music colors in America

27-year old Paulius Pancekauskas – a Vilnius native and one of the most talented pianists of his generations – has created a successful method of teaching music which can be called quintessentially Lithuanian as it is based on Mikalojus Konstantinas Čiurlionis’ music colors.

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HISTORY

Was the first 'European Union' forged in Poland and Lithuania?

Vilnius and Warsaw are marking the 230th anniversary of the May 3 Constitution of the Polish–Lithuanian Commonwealth. What do we know about the document lauded as the first written constitution in Europe?

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