Economy of Lithuania m of modern logistics and warehousing facilities in Lithuania. The biggest supply of new, modern warehousing facilities is in the capital city Vilnius (after the completion of several new projects in the third quarter of 2009, the supply of modern warehousing premises has increased by nearly 12% in Vilnius and currently reaches 334,400 m of the rentable area). Kaunas is in the second place (around 200,000 m), and Klaipėda in the third (122,500 m). Since the beginning of the year 2009, prices for warehousing premises have dropped by 20–25% in Vilnius, Kaunas, and Klaipėda, and the current level of rents
Centennial of the Restored State of Lithuania Centennial of the Restored State of Lithuania The Centennial of the Restored State of Lithuania marks the 100th anniversary of the Act of Independence of Lithuania which was signed on 16 February 1918. Lithuania's statehood dates to the 13th-century Grand Duchy of Lithuania. On 6 July 1253, Mindaugas was crowned as the King of Lithuania. In 1385, Lithuania joined Poland in a union that grew into the Polish–Lithuanian Commonwealth by 1569. Between 1772 and 1795, most of Lithuania was annexed by the Russian Empire. Towards the end of World War I, on 16 February 1918, twenty people signed the Act