Lithuania’s consulate general in Los Angeles, United States, will open on January 15, the government decided at its meeting on 23 December. Selection of the consul is yet to be completed. […]
On 23 December, the Government approved the proposal put forward by the Ministry of Education and Science to increase the salaries of the lowest earning teachers – nursery school teachers and pre-primary education teachers. Over LTL 30 million (EUR 8.7 million) was allocated for this. Their salaries will rise by LTL 200 (EUR 58) on average. […]
On 23 December, Philip Morris announced the launch of a new LTL 137 million (EUR 40 million) investment project to expand its factory in Klaipėda. The expansion and modernisation of the factory, which is already set to start this year, will increase production capacity by 40 percent. All extra production will be exported, primarily to the highly quality exigent market of Japan. The investment will create 40 new jobs at the factory and provide more orders for local Lithuanian service suppliers and business partners. Currently, more than 90 percent of Klaipėda-based factory production is exported to around 60 global markets, Invest Lithuania said. […]
Prime Minister Algirdas Butkevičius says the situation in petroleum refining company Orlen Lietuva, which operated at a loss, has now stabilised. Decreasing oil prices next year are expected to contribute to the improvement of the company’s financial indicators. […]
The fall session just completed by the Lithuanian parliament is historic, as it adopted a package of laws ensuring Lithuania‘s accession to the euro area, Parliamentary Speaker Loreta Graužinienė says. […]
Daiva Raudonienė, 38, has been appointed chancellor of the Seimas of Lithuania for a five-year term. She was previously the head of the Office of the parliamentary Committee on Audit. […]
Nobody wishes Russia ill but a dialogue is possible only after Ukraine‘s territorial integrity is restored, Lithuanian President Dalia Grybauskaitė said in an interview with Lithuania’s LNK TV news program on Friday night. […]
A court in the Russian city of Murmansk on Friday slammed the captain of the detained Lithuanian fishing vessel, the Jūros Vilkas (Sea Wolf), with a fine of 4 million roubles (around EUR 59,000), representatives of the ship’s owner, Arctic Fishing, told BNS. […]
The network of Nordic Choice Hotels, which includes Comfort Hotel LT – Rock’n’Roll Vilnius located in Lithuania’s capital, will allow to pay for services using Bitcoins, a digital currency. […]
A survey of industrial companies in Lithuania has showed that 42 percent of these companies in Lithuania received less investment than in the previous year. […]
With the country’s economy growing slower than expected, most business start-ups in Lithuania are taking advantage of the situation in the domestic market. While the country’s largest companies are estimating the consequences of Russia’s embargo, Lithuanian business start-ups are planning to further increase their sales volumes within the coming six months and recruit new employees to satisfy the growing demand, the bank DNB said in a statement. […]
A survey of small and medium-sized businesses commissioned by Lithuania’s Central Credit Union (LCKU) and carried out by Spinter Tyrimai has shown that 43 percent of respondents think that the euro adoption will be beneficial for long-term business development. […]
The press service of the Lithuanian prime minister has announced that on the night of 1 January Prime Minister Algirdas Butkevičius, together with his Estonian counterpart Taavi Rõivas and Latvian Foreign Minister Edgars Rinkēvičs, will make the withdrawal of the first banknotes of the new Lithuanian currency, the euro. […]
Vilnius Christmas tradition – a 3D Christmas Fairytale – in recent years has become the most welcome winter holiday event in the capital of Lithuania. To watch 3D Christmas Fairytale in the main city’s square, families come with children, relatives and friends from all over Lithuania and tourists from all over the world who wish to enjoy the spectacle. […]
In November, the portfolio of arrears of individuals decreased by LTL 11 million (EUR 3.2 million) in Lithuania. […]
On 15-21 December, the average electricity price in Nord Pool Spot power market Lithuanian trading zone stood at LTL 0.154 (EUR 0.044) per kilowatt hour, or by 10 percent less than in the previous week. […]
In the articles of Putin’s Russia series I have repeatedly written about Yevgeny Primakov’s clan. I have described in detail the ongoing battle regarding the implementation of the so-called peace plan in Ukraine, and Primakov’s influence structures both in Russia and in the West. The article about Yevtushenkov’s case was also inevitably related to the information about Primakov’s clan because the oligarch was considered the member of this clan. […]
Lithuania’s President Dalia Grybauskaitė has received an invitation from Russia to attend festivities to mark 70th anniversary of the Soviet Union’s victory against Nazi Germany but will not attend the events in Moscow next year. […]
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