Rheinmetall will take a 51% stake in Rheinmetall Defence Lietuva, which will build a new ammunition factory in Lithuania, as part of a partnership agreement, the German defence company said in ...

Rheinmetall will hold 51%, Epso-G Invest will have 48%, and the Giraitė arms factory will hold 1% of Rheinmetall Defence Lithuania. "By signing the agreement, all parties have committed to ...

The factory’s production line was bought by Valoe from Italian manufacturer Megacell Srl in a liquidation sale in May and was then transferred to SoliTek’s premises in Lithuania. Megacell and ...

VILNIUS - Lithuania's state-owned defense industry companies should be brought under the control of the Defense Ministry or the Economy and Innovation Ministry, Giedrimas Jeglinskas, chairman of the ...

On Saturday, the three Baltic states disconnected their electricity grids from Russia's. This marked the end of decades of ...

In a conversation with pv magazine, Global BOD Group Chairman of the Board, Vidmantas Janulevičius has revealed that PV cell production capacity at the company‘s Lithuanian factory will be ...