News €100m from EU to boost Lithuanian housing renovation The European Investment Bank (EIB) and the government of Lithuania have approved a €100m loan to fund housing renovation in the country. The initiative aims to unlock €625m in total…
News Rheinmetall to build €180m shell factory in Lithuania German arms maker Rheinmetall has signed a deal with the Lithuanian government to build a factory to make 155mm artillery shells. The company has leased 340ha of land near the…
News EU gives troubled Rail Baltica programme extra €1.2bn The EU’s Connecting Europe Facility (CEF) has signed two agreements worth €1.4bn in an effort to speed up completion of the Rail Baltica project. Of this amount, €1.2bn will be…
News Baltics and Poland ask EU to help pay for fortifications against Russia Estonia, Latvia, Lithuania, and Poland have asked the EU to help them pay for new fortifications along their borders with Russia and its ally, Belarus. The defence ministers of the…
News Lithuania builds base for 4,000 German troops amid Ukraine invasion Lithuania this week started building a 170-hectare military base to house some 4,000 combat-ready German troops about 20km from the border with Belarus, Russia’s close ally. The move comes in…
News Rail Baltica in deep trouble as costs quadruple to €19bn, auditors warn The planned Rail Baltica high-speed rail corridor connecting Estonia, Latvia and Lithuania to Poland and the European rail network could end up costing €19bn more than planned, state auditors in the three countries warned on Wednesday.
News Estonian contractor wins Lithuanian wind farm contract A €45m contract has been awarded to Estonian construction company Merko Ehitus to build foundations and roads for a 28-turbines windfarm located in Lithuania’s western Kelmė district. Merko Ehitus subsidiary…
News Zaha Hadid Architect’s design for Lithuanian business district to go ahead Vilnius’ local government has green lit Business Stadium Central, a 24,000 sq m mixed-use development centred around two buildings designed by Zaha Hadid Architects (ZHA) for Lithuanian developer Hanner. Business…
News Jacobs, Westinghouse to decommission Lithuania’s Soviet-era nuclear plant A consortium of Jacobs, Westinghouse and the Lithuanian Energy Institute has landed a decommissioning contract for Lithuania’s Ignalina Nuclear Power Plant (INPP). The Soviet-designed plant could be the first graphite-moderated…