Act of Independence of Lithuania Act of Independence of Lithuania The Act of Reinstating Independence of Lithuania () or Act of 16 February was signed by the Council of Lithuania on 16 February 1918, proclaiming the restoration of an independent State of Lithuania, governed by democratic principles, with Vilnius as its capital. The Act was signed by all twenty representatives of the Council, which was chaired by Jonas Basanavičius. The Act of 16 February was the result of a series of resolutions on the issue, including one issued by the Vilnius Conference and the Act of 8 January. The path to the Act was long
Economy of Lithuania Lithuanian branches. Lithuania traditionaly has strong agricultural, furniture, textile, biotechnology and laser industries. Maxima is a retail chain operating in Lithuania, Latvia, Estonia, Poland and Bulgaria and it is the largest Lithuanian capital company and the largest employer in the Baltic states. Girteka Logistics is a largest Europe's transport company. "Biotechpharma" is a biopharmaceutical research and development company with a focus on recombinant protein technology development. The BIOK Laboratory is a startup founded by biochemistry scientists which is the biggest producer of Lithuanian natural cosmetic products. The number of the population aged 15 years and over is 1.45 million, activity