Members' news

Thursday, August 18, 2016

This year SAS Scandinavian Airlines is celebrating 70 years as pioneers in the sky. The first inaugural flight, Stockholm to New York, took place on September 17th the same year.

August 1, 1946 was the starting point for Scandinavia’s preferred airline through the merger of the Norwegian, Danish, and Swedish international airline operations.

“The anniversary marks SAS’s position as Scandinavia’s preferred airline, focusing on making life easy for travelers to, from, and within Scandinavia. I am grateful to each and every passenger and employee that has contributed to SAS’ 70 year long history and our future to come. We’ve been part of seventy years of unique travel stories, and there are many more to come“, says Rickard Gustafson, CEO and Group President, SAS.

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Monday, July 11, 2016

BTT Group was announced as one of the 6 finalists on “German Economy Awards, 2016“, got the most votes in online voting contest and won a special marketing prize from Žinių Radijas. A check for 4,000 euros was handed to the CEO of the company - Donatas Zaveckas.


The competition “German Economy Awards” is organized by the German-Baltic Chamber of Commerce in Estonia, Latvia, Lithuania (AHK). “Our employees – the key to success” was the nomination of this year’s awards, which has been held for the eleventh time. 

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Thursday, April 7, 2016

Gjensidige, the second largest Nordic and Baltic insurance group is integrating its companies in the Baltics and intends to complete the process by this autumn. After the legal merge is complete, Gjensidige Group in the Baltics will operate via public liability insurance company Gjensdige and its branches in Latvia and Estonia. The headquarters of the Baltic operations will be based in Vilnius. Marius Jundulas has been responsible for the Baltic business since his appointment last October. 

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Friday, November 13, 2015

Overall growth rate slows as Deloitte announces the 2015 Central Europe Fast 50 ranking

  • The average growth rate of CE’s Fast 50 technology companies falls to 560% (2011‒2014) from 698% (2009‒2013). This continues the slide from the high point of 1,026% achieved in 2012.

  • The ranking consists of companies from nine countries. Two companies from Lithuania made the main Fast 50 ranking. For the first time in the history of the project, two Lithuanian companies entered the additional Big 5 and Rising Stars categories.

  • 38 companies are in the ranking for the first time, including those in first and second places; three move up and eight move down.

  • Software (29) and media (14) companies dominate the ranking.

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