A Lithuanian doesn’t necessarily need a Lithuanian surname

The record after the defeat by the Russian basketball team said it – maybe it’s the last record. However, a new Olympic victory brightened my mood. This Olympics has been the most successful since the restoration of Lithuanian independence. I’m glad that I was an Olympic attaché. Many have worked with the basketball team because I was its leader. The players didn’t shine this time. But other sports’ successes will allow us to forget the basketball team’s failures…

The Lithuanian partnership of success, by Walsh

Despite hardships suffered by Lithuanians due to recessionary pressures its economy and those of its neighbouring Baltic States, is weathering the crisis better than are others. The adversity in Spain and Greece, by comparison, puts those of the Baltic States in even better perspective. A Lithuanian order, placed with Spain’s Mondragon Assembly, is fuelling an increase in jobs and local wealth in a company that is also bucking tends.

SOE profits up 350% in 2011

The results of state-owned enterprises (SOEs) keep improving and the net profit of SOEs (including special taxes to the State) was LTL 246.6 million in 2011, which was 3.5 times more than the previous year (this sum excludes losses of LTL182 million due to the bankruptcy of the Bankas Snoras).

Ilja Laurs: Crisis poses no threat to startup business

“One of the greatest strengths of IT startups is that they are more resistant to economic crises than other businesses. If you have a good idea, you’ll always find investors,” says Ilja Laurs, 36, one of Europe’s most successful new businessmen. His company GetJar distributes free mobile apps and has been lauded as a great success story. Laurs gave interview to 15min, sharing advice on how to start a new and successful business.

Wrestler Kazakevich – incredibly persistent and proud to be Lithuanian

The first Olympic joy came to Lithuania when swimmer Rūta Meilutytė won gold only days into the Games. It took six days before another Olympic medal shone on a Lithuanian chest – also won by a young and little-known athlete, 26-year-old Greco-Roman wrestler Aleksandr Kazakevich, Asta Žukaitė and Aurimas Tamulionis.

14th World Lithuanian Symposium takes place in Vilnius

On 7-10 August the 14th World Lithuanian Symposium is taking place in Vilnius. The event is organized by the Lithuanian World Community (LWC), which is a non-profit and non-governmental organization that unifies Lithuanian communities all over the world.

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