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Your Weekly News from Lithuania | May 14

Lithuania’s Foreign Minister Gabrielius Landsbergis: Lithuania to allocate 200, 000 vaccine doses to eastern partners
 
 
 
 
 
 
SCIENCE & TECHNOLOGY
 
Female leaders in tech encourage to look at certain role models
 

In the EU, only 17% of all employees in information and communications technology (ICT) are female specialists. The senior roles in leading ICT companies are often taken by male professionals too. However, the current job market trends may signalise an upcoming change: more and more women are interested in technology and engineering. Some of them start considering this career path at school whereas others tend to change their ongoing careers due to better prospects.

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POLITICS
 
Lithuania’s Foreign Minister Gabrielius Landsbergis: Modern threats do not recognise borders, so our response must be international, comprehensive and determined
 

The Minister of Foreign Affairs of Lithuania Gabrielius Landsbergis took part in the NATO Strategic Communications Centre of Excellence Riga's online event “Riga StratCom Dialogue 2021" and delivered a keynote speech during a discussion on deterrence strategy in the face of contemporary threats.

 

 

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INVESTMENTS
 
Halo.rent Raises £1.25m To Digitize Home Rental Process
 

Halo.rent, a prop-tech startup from the UK, announces the launch of its tenant engagement platform that streamlines the entire rental onboarding process and offers additional services to tenants and landlords during the tenancy. The company has raised a £1.25m pre-seed round from angel investors and the European Commission. The platform is now open to the public, following field testing with leading UK property managers.

 

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STARTUP
 
Second-hand fashion startup Vinted raises 250 mln euros from investors
 

Vinted, an online venue for people to buy and sell second-hand clothes, said on Wednesday it had raised 250 million euros ($303 million) from investors and would invest proceeds in expanding its operations in Europe and beyond.


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GLOBAL LITHUANIA
 
Kitesurfing World Champions: from Lithuania to the South African Republic
 

Kitesurfing professionals – Gabrielė Pioraitė, Maarten Haeger and Mike McDonald – unanimously claim to have found the key to their happiness. Their life passion is kitesurfing.

The woman whose efforts led to the Lithuanian flag flying in the kitesurfing championships is Gabrielė Pioraitė.

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FINTECH
 
Fintech Company from Lithuania among the Best Ten Software Developers Worldwide
 

Creditonline, a Lithuanian-capital fintech company, which develops and provides software solutions to leading market participants, has gained international recognition. The GoodFirms platform has been ranked Creditonline 9th in the global lender software segment. To date, no fintech company from the Baltic countries has been included in the list.

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May 17 2021

Your Weekly News from Lithuania | May 7

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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May 07 2021

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