Finasta
Economy

Invalda LT-led consortium to negotiate acquisition of Finasta Banking Group

The Creditor’s Committee set the minimum selling price and the sale method of the Finasta Banking Group, and authorized the Snoras Bank bankruptcy administrator to complete negotiations with the investor which had submitted the best offer, namely the consortium led by investment company Invalda LT. Nevertheless, the acquisition is still to be approved by the Competition Council. […]

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Economy

Russian court substantially reduces bail for Lithuanian ship

Russia‘s Murmansk court on Thursday reduced the bail for the release of the arrested Lithuanian fishing vessel Jūros Vilkas (Sea Wolf) three times, from 113 million roubles to 36.6 million rubles (EUR 2.1m to 0.7m), lawyer for the shipowner Vladimir Odiagailo confirmed to BNS. […]

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Defence

Denmark and Lithuania reaffirm cooperation in defence

At a meeting on Tuesday in Copenhagen, Defence Policy Director of the Ministry of National Defence Vaidotas Urbelis and Defence Policy Director of the Ministry of Defence of Denmark Kristian Fisher underscored that both countries saw essential partners for defence cooperation in one another, the Lithuanian ministry said. […]

Zigmantas Balčytis
Opinion