Posts Tagged ‘Lithuania’
Regional LNG value chain becomes a reality: Klaipėda LNG reloading station closes 2025 with record results
The Klaipėda liquefied natural gas (LNG) reloading station, operated by international terminal operator KN Energies, closed 2025 with record results. Over the year, the highest number of LNG trucks since the start of the station’s operations was loaded, while a record number of small-scale LNG carriers was handled at the adjacent jetty. December 2025 was also record-breaking, both in terms of loaded LNG trucks and received LNG carriers.
In total, more than 1.8 thousand LNG trucks were loaded at the Klaipėda LNG reloading station in 2025. This accounts for more than one quarter of all LNG trucks loaded since the start of operations in 2017 (nearly 6.4 thousand in total). In December 2025 alone, 277 LNG trucks were handled — more than twice the average monthly volume of the past three years.
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Originally published on 19 Jan
Read MoreRasa Kražauskienė appointed to EPSO-G nomination and remuneration committee
The board of Lithuanian energy group EPSO-G has appointed Rasa Kražauskienė as an independent member of its nomination and remuneration committee.
Rasa has more than 20 years of experience in human-resources management and organisational culture. She currently serves as the human-resources manager of Fazer Baltics and is a member of the board of Fazer Lietuva.
She holds a master’s degree in law from Mykolas Romeris University and a degree in nuclear law from the University of Montpellier.
Read MoreEnergy Cells names Andrius Gudzinskas as CEO
Energy-industry veteran to head Lithuanian energy storage-system operator
The board of Energy Cells, an operator of energy storage systems and part of the EPSO-G energy group, has appointed Andrius Gudzinskas as the company’s chief executive officer. He begins his five-year term on 27 January 2026.
Andrius has more than 20 years of experience in the energy industry, including electricity and heat generation, renewable-energy project development, production-operations management, energy-infrastructure modernisation and international team leadership. He holds a master’s degree in energy and thermal engineering from Kaunas University of Technology.
Energy storage-system operator Energy Cells provides an isolated operation reserve service that is essential to the security and stability of the Lithuanian electricity system. The electricity storage system managed by the company comprises four identical battery parks, each with a capacity of 50 MW and 50 MWh, located in Vilnius, Šiauliai, and the Alytus and Utena districts.
Connect with Andrius on LinkedIn
Read MoreLithuania brings in reforms to boost defence spending
A small Baltic reform is being watched far beyond Vilnius
Read MoreLTG Infra prepares for Rail Baltica land acquisition in Panevėžys Railway Node and regional station areas
LTG Group company LTG Infra has signed contracts for land acquisition for public needs in the Panevėžys Railway Node and regional station areas, including engineering systems along the section between Kaunas and the Lithuanian–Latvian border.
The tenders were awarded to Tyrens Lietuva and a consortium operating under a joint venture agreement – Atamis (lead partner) and Projects House – which will carry out the land acquisition activities.
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Originally published on 13 Jan
Read MoreCast AI Becomes Lithuania’s Latest Unicorn After Strategic Investment Pushes Valuation Past USD 1 Billion
Cast AI, a cloud infrastructure automation and cost-optimization company with strong operational roots in Lithuania, has officially reached unicorn status after securing a strategic investment from Pacific Alliance Ventures, the corporate venture capital arm of South Korea’s Shinsegae Group. While the exact investment amount remains undisclosed, the funding round has pushed the company’s valuation beyond USD 1 billion.
This milestone places Cast AI among the world’s elite billion-dollar startups and makes it Lithuania’s fifth unicorn, according to the national startup association Unicorns Lithuania.
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Originally published on 13 Jan
Read MoreLithuania launched tender for Rail Baltica’s design up to Latvian border
LTG Infra, an infrastructure company belonging to the LTG Group and responsible for implementing the Rail Baltica project in Lithuania, has announced an open international tender for design services for the section from Panevėžys to the Lithuanian–Latvian border. The total length of this section is approximately 54 km.
In 2025, LTG Infra signed contracts for construction works on a 114 km section from Kaunas to Panevėžys, where preparatory and construction activities are underway, including superstructure works on the most advanced 9 km section. Design work is also in progress on the section between the Lithuanian–Polish border and Kaunas, where nearly 100 km of railway will be modernized.
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Originally published on 5 Jan
Read MoreSaab receives order for RBS 70 Bolide missiles from Lithuania
Saab has received an order for RBS 70 Bolide missiles from the Lithuanian Ministry of National Defence. The order value is SEK 3 billion and deliveries are expected to take place 2028-2032.
Saab RBS 70 NG Air Defence Missile System
The order is placed within a framework agreement for Saab’s short-range air defence missile solution RBS 70 NG between Saab, the Swedish Defence Materiel Administration (FMV) and the Lithuanian Ministry of National Defence.
“With this order, we continue our commitment to supporting the Lithuanian Armed Forces’ with our world-leading RBS 70 missiles. These form a key part of the nation’s air defence capability and contribute to keeping Lithuania’s airspace safe,” says Görgen Johansson, head of Saab’s business area Dynamics.
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Originally published on 31 Dec
Read MoreSaab receives ground combat orders from Lithuania
Saab has received orders from Lithuania for the AT4 weapon as well as ammunition for the Carl-Gustaf weapon with a combined order value of SEK 1.3 billion. Deliveries are planned 2027-2029.
The orders are placed within a framework agreement initially signed between Saab and the Swedish Defence Materiel Administration, which enables Lithuania, Latvia and Estonia to place orders for Saab’s Carl-Gustaf M4 and ammunition as well as AT4 weapons.
“We look forward to continuing to provide the Lithuanian forces with the reliable, highly effective capabilities of our support weapon AT4 and specialised ammunition for the Carl-Gustaf system. Our solutions give soldiers precision and ease-of-use, enabling them to carry out their missions safely and with confidence, says Görgen Johansson, head of Saab’s business area Dynamics.
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Originally published on 23 Dec
Read MoreEPSO-G Announces Selection of Energy Cells Board Members
The new energy group EPSO-G has announced a selection process for board members of its subsidiary Energy cells. Candidates are invited to submit their applications by January 30, 2026.
Three board members will be selected: an independent board member with expertise in financial management and mergers and acquisitions (M&A), a board member nominated by EPSO-G, responsible for strategic planning and management, and a board member who is a civil servant, responsible for state aid and national security issues.
Energy Cells plays an important role in ensuring the security and resilience of the Lithuanian energy system by providing the system with the necessary isolated working reserve service. In order to consistently implement the strategic goals of the company and the entire EPSO-G group, we seek to attract professionals of the highest competence to the board,” says Mindaugas Keizeris, head of EPSO-G.
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Originally published on 18 Dec
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