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LEO LT
LEO LT AB or Lithuanian Electricity Organization ( lt , Lietuvos elektros organizacija) was a national energy holding company in Lithuania. The company owned shares of Lithuania's three major electric power production and distribution companies. It was established in early 2008 to raise funds for the construction of the planned Visaginas Nuclear Power Plant after close down of Ignalina Plant, and Lithuania–Sweden and Lithuania–Poland power connections. The decision to liquidate the company, mired in controversies and attacked by critics, was reached by the shareholder of LEO LT on 4 September 2009. Formation On 28 June 2007, Lithuania's parliament adopted a law on building a new nuclear power plant. The law also stipulated creation of a "national investor" to gain investments for the new nuclear power plant. The talks between the government, under Prime Minister Gediminas Kirkilas, and privately owned NDX Energija, part of VP Market group, on the establishment of this "natio ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Republic Of Lithuania
A republic () is a "state in which power rests with the people or their representatives; specifically a state without a monarchy" and also a "government, or system of government, of such a state." Previously, especially in the 17th and 18th centuries, the term was used to imply a state with a democratic or representative constitution (constitutional republic), but more recently it has also been used of autocratic or dictatorial states not ruled by a monarch. It is now chiefly used to denote any non-monarchical state headed by an elected or appointed president. , 159 of the world's 206 sovereign states use the word "republic" as part of their official names. Not all of these are republics in the sense of having elected governments, nor is the word "republic" used in the names of all states with elected governments. The word ''republic'' comes from the Latin term ''res publica'', which literally means "public thing", "public matter", or "public affair" and was used to refer t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Vilnius Stock Exchange
The Nasdaq Vilnius is a stock exchange established in 1993 (''Vilnius Stock Exchange'', ''VSE'') operating in Vilnius, Lithuania. It is owned by Nasdaq Nordic, which also operates Helsinki Stock Exchange and Stockholm Stock Exchange. OMX Vilnius (OMXVGI) is a stock market index for the Nasdaq Vilnius Exchange. History VSE, together with Riga Stock Exchange and Tallinn Stock Exchange is part of the joint Baltic market that was established to minimize investing barriers between Estonian, Latvian and Lithuanian markets ( OMX Baltic 10). Trading day It has a pre-market session from 08:45am to 10:00am, a normal trading session from 10:00am to 04:00pm and post-market session from 04:00pm to 04:30pm. Companies As of June 15, 2018, market capitalization of Vilnius stock exchange equities was 3.9 billion euro, and consist of 30 companies. Companies formerly listed on Nasdaq Vilnius * Agrowill Group * Akmenės cementas * Alita * Alytaus tekstilė * Anykščių vynas * Balti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Companies Disestablished In 2009
A company, abbreviated as co., is a legal entity representing an association of people, whether natural, legal or a mixture of both, with a specific objective. Company members share a common purpose and unite to achieve specific, declared goals. Companies take various forms, such as: * voluntary associations, which may include nonprofit organizations * business entities, whose aim is generating profit * financial entities and banks * programs or educational institutions A company can be created as a legal person so that the company itself has limited liability as members perform or fail to discharge their duty according to the publicly declared incorporation, or published policy. When a company closes, it may need to be liquidated to avoid further legal obligations. Companies may associate and collectively register themselves as new companies; the resulting entities are often known as corporate groups. Meanings and definitions A company can be defined as an "arti ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lithuanian Companies Established In 2007
Lithuanian may refer to: * Lithuanians * Lithuanian language * The country of Lithuania * Grand Duchy of Lithuania * Culture of Lithuania * Lithuanian cuisine * Lithuanian Jews as often called "Lithuanians" (''Lita'im'' or ''Litvaks'') by other Jews, sometimes used to mean Mitnagdim See also * List of Lithuanians This is a list of Lithuanians, both people of Lithuanian descent and people with the birthplace or citizenship of Lithuania. In a case when a person was born in the territory of former Grand Duchy of Lithuania and not in the territory of modern ... {{disambig Language and nationality disambiguation pages ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Electric Power Companies Of Lithuania
Electricity is the set of physical phenomena associated with the presence and motion of matter that has a property of electric charge. Electricity is related to magnetism, both being part of the phenomenon of electromagnetism, as described by Maxwell's equations. Various common phenomena are related to electricity, including lightning, static electricity, electric heating, electric discharges and many others. The presence of an electric charge, which can be either positive or negative, produces an electric field. The movement of electric charges is an electric current and produces a magnetic field. When a charge is placed in a location with a non-zero electric field, a force will act on it. The magnitude of this force is given by Coulomb's law. If the charge moves, the electric field would be doing work on the electric charge. Thus we can speak of electric potential at a certain point in space, which is equal to the work done by an external agent in carrying a un ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Lietuvos Rytas
''Lietuvos rytas'' (lit. 'Morning of Lithuania') is a Lithuanian daily newspaper. History and profile "Lietuvos rytas" was established in 1990 on a basis of newspaper "Komjaunimo tiesa". The paper is printed in Vilnius Vilnius ( , ; see also other names) is the capital and largest city of Lithuania, with a population of 592,389 (according to the state register) or 625,107 (according to the municipality of Vilnius). The population of Vilnius's functional urb ... on Tuesday, Thursday and Saturday. It has a liberal political leaning. "Lietuvos rytas" is part of "Lietuvos rytas" media group. Additionally to the daily newspaper come the supplements "Rytai-Vakarai", "Sostinė", "Laikinoji Sostinė", magazines "Stilius", "Savaitgalis" (with "TV Antena") and "Stilius Plius". The online version of the paper was started in 2005. Its circulation was 55.700 copies in 2021. References External linksLietuvos rytas online * Newspapers published in Vilnius Lithuanian-langu ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Reuters
Reuters ( ) is a news agency owned by Thomson Reuters Corporation. It employs around 2,500 journalists and 600 photojournalists in about 200 locations worldwide. Reuters is one of the largest news agencies in the world. The agency was established in London in 1851 by the German-born Paul Reuter. It was acquired by the Thomson Corporation of Canada in 2008 and now makes up the media division of Thomson Reuters. History 19th century Paul Reuter worked at a book-publishing firm in Berlin and was involved in distributing radical pamphlets at the beginning of the Revolutions in 1848. These publications brought much attention to Reuter, who in 1850 developed a prototype news service in Aachen using homing pigeons and electric telegraphy from 1851 on, in order to transmit messages between Brussels and Aachen, in what today is Aachen's Reuters House. Reuter moved to London in 1851 and established a news wire agency at the London Royal Exchange. Headquartered in London, Reuter' ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Opportunity Costs
In microeconomic theory, the opportunity cost of a particular activity is the value or benefit given up by engaging in that activity, relative to engaging in an alternative activity. More effective it means if you chose one activity (for example, an investment) you are giving up the opportunity to do a different option. The optimal activity is the one that, net of its opportunity cost, provides the greater return compared to any other activities, net of their opportunity costs. For example, if you buy a car and use it exclusively to transport yourself, you cannot rent it out, whereas if you rent it out you cannot use it to transport yourself. If your cost of transporting yourself without the car is more than what you get for renting out the car, the optimal choice is to use the car yourself. In basic equation form, opportunity cost can be defined as: "Opportunity Cost = (returns on best Forgone Option) - (returns on Chosen Option)." The opportunity cost of mowing one’s own la ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Andrius Kubilius
Andrius Kubilius (born 8 December 1956) is a Lithuanian politician who has been serving as a Member of the European Parliament (MEP) since 2019. He served as Prime Minister of Lithuania from 1999 to 2000 and again from 2008 to 2012.LR Vyriausioji rinkimų komisijaLietuvos Respublikos Seimo rinkimai. Retrieved on 24 November 2008 He was leader of the conservative political party Homeland Union. Early life and education Kubilius was born in Vilnius. After graduation from the 22nd secondary school in Vilnius, Kubilius was accepted to Vilnius University and studied in the Faculty of Physics until 1979. He continued his academic career and postgraduate studies at Vilnius University from 1981 to 1984. Political career Career in national politics Kubilius became a member of the pro-independence ''Sąjūdis'' movement, who favoured separation from the Soviet Union. He later became the Executive Secretary of the Sąjūdis Council. Soon after the re-establishment of Lithuania's independ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitutional Court Of Lithuania
Constitutional Court of the Republic of Lithuania (in lt, Lietuvos Respublikos Konstitucinis Teismas) is the constitutional court of the Republic of Lithuania, established by the Constitution of the Republic of Lithuania of 1992. It began the activities after the adoption of the Law of Constitutional Court of the Republic of Lithuania on 3 February 1993. Since its inception, the court has been located in Vilnius. The main task of the court is judicial review. It may therefore declare the acts of the Seimas unconstitutional and thus render them ineffective. As such, it is somewhat similar to the Supreme Court of the United States. However, it differs from it and other supreme courts in that it is not part of the regular judicial system, but more a unique judicial branch. Most importantly, it does not serve as a regular court of appeals from lower courts or as a sort of "superappellate court" on any violation of national laws. Its jurisdiction is focused on constitutional issues ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
European Union
The European Union (EU) is a supranational political and economic union of member states that are located primarily in Europe. The union has a total area of and an estimated total population of about 447million. The EU has often been described as a '' sui generis'' political entity (without precedent or comparison) combining the characteristics of both a federation and a confederation. Containing 5.8per cent of the world population in 2020, the EU generated a nominal gross domestic product (GDP) of around trillion in 2021, constituting approximately 18per cent of global nominal GDP. Additionally, all EU states but Bulgaria have a very high Human Development Index according to the United Nations Development Programme. Its cornerstone, the Customs Union, paved the way to establishing an internal single market based on standardised legal framework and legislation that applies in all member states in those matters, and only those matters, where the states have agreed to act ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Constitution Of Lithuania
The Constitution of the Republic of Lithuania ( lt, Lietuvos Respublikos Konstitucija) defines the legal foundation for all laws passed in the Republic of Lithuania. It was approved in a referendum on 25 October 1992. History Statutes of Lithuania The first attempt to codify the laws of Grand Duchy of Lithuania took the form of Statutes of Lithuania, with the First Statute in power in 1529. The document, written in Ruthenian language, fulfilled the role of the supreme law of the land, even including provisions that no other law could contradict it. Constitution of 3 May 1791 In the 18th century the Polish–Lithuanian Commonwealth, a federal entity consisting of the Grand Duchy of Lithuania and the Crown of the Kingdom of Poland, faced a period of decline due to increasingly dysfunctional internal politics. In a belated attempt to rectify the situation, a constitution was adopted on May 3, 1791 – one of the oldest codified national constitutions in the world. The new co ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
