Laurynas Vilimas EN Archives - the Lithuania Tribune

Lithuanian retailers say open to contract checks, doubt about new market player

August 21, 2018 BNS 0

Lithuanian retailers say they are open to the government’s intention to more closely check retail chains’ contracts with suppliers. […]

Lithuanian retailers, trade unions tentatively agree to days off on Christmas, Easter

August 21, 2018 BNS 0

Retailers and trade unions tentatively agree to large retail chains being closed on two days a year, on Christmas Day and Easter Sunday, but there are no discussions about not working on other Sundays, Social Security and Labor Minister Linas Kukuraitis said on Monday. […]

Lower VAT on food discussed in Lithuania as a way of bringing down prices

February 13, 2018 BNS 0

As politicians, retailers and producers in Lithuania discuss how to bring down rising food prices, opposition lawmakers propose that the government should lower the value-added tax (VAT) on food and retailers, for their part, should pledge not raise prices. […]

Where thousands of retail employees vanished

December 6, 2017 Martynas Zilionis 0

Retail is still the most popular employment in Lithuania. However at least in the major retailers, the number of retail employees has declined by almost a tenth over the past two years. According to Sodra […]

Lithuanian experts split over consequences of alcohol restrictions

June 2, 2017 BNS EN 0

After Lithuania’s parliament tightened alcohol trade, consumption and advertisement rules on Thursday, manufacturers have warned about emigration of the population amid disappointment in the administration’s moves, adding that producers would have to halt investments and sack employees. […]

Beverage at a shopping centre in Lithuania

Lithuanian retailers’ initiative killed by subservience to voters

September 27, 2016 BNS EN 0

After the Lithuanian parliament reversed the alcohol sales scheme on Tuesday, the head of the Association of Trade Enterprises said that the new scheme would facilitate purchase of alcoholic beverages by young people. […]

Videos are already being made to lure Africans to Lithuania

July 23, 2024 0

The number of foreigners working in Lithuania is increasing. Videos have even been produced inviting Africans to work in Lithuania. Job search websites are full of job offers for foreigners that would put many Lithuanians […]

Bank of Lithuania: we are witnessing a turning point

July 8, 2024 0

Lithuanians are the least likely to feel inflationary pressures and interest rate increases and the most confident that salaries will rise in the coming years, according to a survey initiated by Citadele Bank in the […]

Citus Experts: The Housing market hasn’t gone on summer vacation yet. The most active half-year in two years and improving affordability

July 8, 2024 0

Based on the preliminary data of analysts of Citus, a creative real estate projects’ development and placemaking company, 222 transactions were carried out in the primary housing market of Vilnius in June and 668 in […]

Citus experts: 10,000 people are waiting for the Euribor rate to decrease. Housing market scenarios

June 28, 2024 0

At the beginning of June, the European Central Bank announced a 25-basis point (0.25%) reduction in the Euribor base rate. Analysts at the creative real estate projects’ development and placemaking company Citus calculate that housing […]

Neither Blinkevičiūtė nor Karbauskis wants to become Prime Ministers: they explained why

June 28, 2024 0

They want to win the parliamentary elections but do not want to become Prime Ministers. Both Vilija Blinkevičiūtė, the Chairwoman of the Social Democrats, and Ramūnas Karbauskis, the leader of the Peasants, do not answer […]

Citus presents the project Ežero Takais by CITUS – construction and sales are commencing in a small-scale and cosy development in an attractive location in Vilnius

June 5, 2024 0

In the first days of June in Vilnius, Sidaronių Street, beside one of the largest Buivydiškės ponds, creative real estate projects’ development and placemaking company Citus is starting project Ežero Takais by CITUS. The sales […]