Press Releases
Looking for more press releases? Explore our full press release archive by date to access past announcements, news updates, and media releases published on Vilnius News Center.

NATO Corrects Reports Regarding Missing U.S. Soldiers
(MENAFN) On Wednesday, NATO sought to clarify comments made by the secretary-general regarding the missing US soldiers in Lithuania, stating that their deaths have not been officially reported. “We regret any confusion about remarks...

Trump Administration Plans Migrant Transfers
(MENAFN) The Trump administration is preparing to transfer as many as 9,000 undocumented immigrants to the U.S. detention center located in Guantanamo Bay, Cuba, possibly beginning this week, according to reports from media outlets. Government...

nexos.ai launches an enterprise AI orchestration platform with funding led by Index Ventures
VILNIUS, Lithuania, January 17, 2025 – nexos.ai, a pioneering AI infrastructure company, today emerges from stealth with an announcement of $8 million funding led by Index Ventures, with participation from Creandum and Dig Ventures. nexos.ai is...

Browsing, Labor Division, and Data Management: How AI Will Change Life in 2025?
VILNIUS, Lithuania, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The development of artificial intelligence (AI) depends on public web data, which is used in large volumes for training algorithms. Experts from Oxylabs, a global leader in creating solutions...

Neurotechnology Takes First Place in NIST ELFT for Accuracy and Ranks Among the Top Overall Performers
Neurotechnology's NIST ELFT submission showcased its latent fingerprint algorithm as the most accurate across most datasets and among best in extraction speed. VILNIUS, LITHUANIA, December 10, 2024 /EINPresswire.com/ -- Neurotechnology, a...

European Merchant Bank Posts Impressive Q3 2024 Results, Doubling Profits
EMBank's Q3 2024 net profits hit €1M, up 82% from €550K in Q3 2023, driven by 20% net income growth (€8M) and 51% asset growth (€186M). VILNIUS, LITHUANIA, December 10, 2024 /EINPresswire.com/ -- European Merchant Bank (EMBank) has delivered a...

Oxylabs Announces Experts’ Predictions for AI in 2025: A Bursting Bubble, Increased Regulation, and Exciting Developments
VILNIUS, Lithuania, Jan. 15, 2025 (GLOBE NEWSWIRE) -- Oxylabs, a leader in web intelligence solutions, has gathered insights from Oxylabs’ AI/ML Advisory Board experts, including Adi Andrei, Co-founder of Technosophics, Ali Chaudhry, Research...

Zelensky Receives NATO Summit Invitation
(MENAFN) Ukrainian Leader Vladimir Zelensky has stated that he has been formally asked to participate in this year’s NATO summit, which is to be held in The Hague. Although Zelensky shared this news publicly, earlier media accounts indicated that...

NATO Leaders Urge Stronger Military Readiness
(MENAFN) At a key meeting on Monday involving NATO member nations from Eastern Europe and the Nordic region, along with the alliance’s top official, urgent calls were made for greater defense allocations and reinforced deterrence strategies. These...

Month with the highest likelihood of delayed or canceled flights revealed
While December is not the busiest month for aviation, it is the month in Europe with the highest likelihood of flights being delayed by 3+ hours or canceled. VILNIUS, LITHUANIA, December 9, 2024 /EINPresswire.com/ -- While December is not the...

NATO Allies Call for Massive Defense Spending Amid Russia Threat
(MENAFN) Leaders from NATO’s eastern and northern countries, along with the alliance’s top official, issued a strong call on Monday for higher military spending and reinforced deterrence strategies in response to intensifying threats from Russia,...

Finacity and Santander CIB Facilitate a 3-Year EUR 81.5 Million Receivables Securitization for The Vita Group
STAMFORD, Conn., June 09, 2025 (GLOBE NEWSWIRE) -- Finacity Corporation (“Finacity”) a White Oak Global Advisors company, and Santander CIB announce a successfully launched trade receivables securitization renewal for The Vita Group (“Vita”), a...

Ukraine Will Make NATO Stronger: Leading Experts Call for Decisive Support
Toronto Conference on Security and Demining Finds that Ukraine is Fighting for its Future and for Global Security TORONTO, ONTARIO, CANADA, June 5, 2025 /EINPresswire.com/ -- “Ukraine deserves to be a member of NATO. Ukraine shares the values of...

NATO Defence Ministers agree on new capability targets
SWEDEN, June 5 - At the meeting of NATO Defence Ministers in Brussels on 5 June, member countries’ defence ministers agreed on new capability targets for the Alliance. In conjunction with the meeting, Swedish Minister for Defence Pål Jonson also...

WhiteBIT TR and Misyon Bank Sign Agreement
VILNIUS, Lithuania, Jan. 10, 2025 (GLOBE NEWSWIRE) -- WhiteBIT TR cryptocurrency exchange has announced a strategic partnership with Turkey's first neobank, Misyon Bank, ushering in 2025 with a significant milestone for the Turkish cryptocurrency...

European Merchant Bank Chairman Ekmel Çilingir's Vision for Banking Resilience in 2025
EMBank Chairman Ekmel Çilingir outlines a transformative roadmap to navigate regulatory shifts, tech innovation, and resilience for 2025 banking. VILNIUS, LITHUANIA, December 2, 2024 /EINPresswire.com/ -- Chairman of European Merchant Bank,...

The True Story of How Greg Speirs and the Grateful Dead Sponsored the 1992 Lithuanian Olympic Basketball Team
Here's How the More Detailed Facts Regading the Funding of the 1992 Lithuania Basketball Team Went Down NEW YORK, NY, UNITED STATES, January 15, 2025 /EINPresswire.com/ -- During the awarding ceremony, Lithuanians decided to dress up in the...

NATO Chief Reports Four American Soldiers Dead
(MENAFN) NATO Secretary General Mark Rutte confirmed on Wednesday that four American soldiers, who went missing during a military exercise in Lithuania on Tuesday, have been reported dead. "Whilst I was speaking, the news came out about four...

BTCC Exchange Hosts Three Engaging AMAs During OG Week Campaign to Explore Meme Coin Trends for 2025
VILNIUS, Lithuania, Jan. 08, 2025 (GLOBE NEWSWIRE) -- BTCC Exchange, a leading cryptocurrency trading platform, hosted three insightful AMAs focusing on the exciting world of meme coins and crypto trends for 2025 during its recent OG Week...

Ekmel Cilingir Discusses the Critical Need for Right-Sizing in the Banking Sector for 2024
VILNIUS, LITHUANIA, September 18, 2024 /EINPresswire.com/ -- Ekmel Cilingir, Chairman of the Supervisory Board at European Merchant Bank (EMBank), addresses the importance of right-sizing in the banking industry. In his latest insight, Cilingir...