Posts tagged as contract

Vilnius signs €7m national concert hall contract with Spanish architects

Thursday, November 26, 2020

Vilnius has signed a 7-million-euro contract with Spain’s Arquivio Architects, whose design for the new national concert hall in the Lithuanian capital won an earlier competition. The complex will be built on top of Tauras Hill in place of the now-demolished Palace of Trade Unions. “Paradoxically, we are signing such an important agreement for Vilnius at a time when concert halls’ activities have been suspended almost all over the world,”…

RB Rail announces contract for short-time employees on Rail Baltica

Wednesday, September 30, 2020

The Baltic States’ joint venture, RB Rail, has announced a two-year procurement on temporary employee hiring, according to information from the Procurement Monitoring Bureau (IUB) reported by LETA September 30. The deadline for application is set at 29 October, estimated contract price is EUR 5.5 million, RB Rail spokeswoman Līva Biseniece said the procurement is scheduled for two years and will be used in all three Baltic States. Primarily, the procurement is necessary…

Lithuania’s Ignalina N-plant to issue new call for tenders for repository contract

Friday, July 10, 2020

Lithuania’s Ignalina Nuclear Power Plant (INPP), which was shut down a decade ago and is now being decommissioned, last week rejected all three bids submitted by potential contractors in a tender process for the construction of a 100-million-euro near surface repository for low and intermediate level short-lived radioactive waste, known as the B25-2 project, reported LETA/BNS. The bids had been rejected due to excessive prices, the INPP said in a…

Vilnius ordered to terminate national stadium contract

Thursday, May 21, 2020

Lithuania’s public procurement watchdog has ordered Vilnius municipality to terminate the 156-million-euro contract to build a national stadium in the Lithuanian capital. The construction of an international stadium in Vilnius began in 1987, several years before Lithuania regained independence. Construction works were later resumed in 2008, but had to be halted as the funding was discontinued amid the global economic crisis. The city planned to sign a concession agreement with…

Lithuania awards contract for Remote Weapon Station to equip JLTVs

Friday, April 17, 2020

Kongsberg Defence & Aerospace, a leading supplier of remote weapon stations, has received the award for delivering its Protector Remote Weapon Station (RWS) to Lithuanian Armed Forces as part of $170.8 million Foreign Military Sales (FMS) program. The company’s website said the Protector is the world’s most fielded Remote Weapon System with more than 20,000 units delivered and in use by customers around the globe According to the Armyrecognition.com, this award…

Funeral home employees mysteriously contract Covid-19

Tuesday, March 31, 2020

Six employees of the Jelgava funeral home Velis-A were found to have contracted the Covid-19 novel coronavirus, according to the company’s board chair Aldis Knāviņš, who himself had also tested positive for the virus, on March 30. Knāviņš first noticed a temperature on March 17, but thought he just had the flu. Within two days four of his employees also fell sick, but all of them are recovering at home.…

Lithuanian economy could contract up to 2.8 percent

Tuesday, March 17, 2020

The Lithuanian  economy   may contract between 1.3 and 2.8 percent due to the  coronavirus   outbreak, Finance Minister Vilius Šapoka said on Tuesday. “Based on assumptions by international institutions, the base scenario derives from the assumption that the EU economy will contact by 1.1 percent in 2020, in which case, in view of our stimulus measures, Lithuania’s economy is projected to shrink 1.3 percent in 2020,” he told the…

Pentagon signs contract for Javelin systems for Estonia

Monday, March 2, 2020

The Pentagon has signed a contract with Raytheon/Lockheed Martin Javelin JV for the production of Javelin man-portable fire-and-forget anti-tank missile systems in order to supply them to Estonia, Georgia and another 14 countries, Georgian media reported on Sunday, citing a statement by the US Department of Defense. According to the media reports, the contract is worth more than 18.4 million US dollars. Among the countries that intend to buy Javelin…

UK arms giant is not in a hurry to make use of Latvian business capacity

Tuesday, November 5, 2019

When Latvia began realizing one its most ambitious army plans a few years ago – further mechanization of the Land Force Mechanized Infantry Brigade – at the same time it set another goal to involve more local suppliers in defense procurement contracts. Plans even specified that around one third of the contract volume must be based on the capabilities of Latvian companies. However, in reality it seems a UK arms industry giant with a…

The highest-paid Lithuanian player of all times

Tuesday, October 22, 2019

Domantas Sabonis and the Indiana Pacers have agreed to a four-year contract extension on Monday, a deal that makes Sabonis the highest-paid Lithuanian player of all times. Shams Charania of The Athletic has reported the four-year contract to be worth USD 74.9 million, though according to another source, ESPN’s Adrian Wojnarowski, Sabonis will be paid USD 77 million or up to USD 85 million with bonuses. The 23-year-old forward, the…