Economy

Latvijas Tilti challenges Lithuanian court’s decision on Vilnius bypass tender

A Lithuanian court on Friday allowed continuing with the 90-million-euro worth tender to build an extension to Vilnius western bypass, which was previously suspended by Latvijas Tilti and Kauno Keliai (Kaunas Roads). However, the leading Latvia’s road and bridge construction company and the Lithuanian road building company have already managed to contest this decision before the Lithuanian Supreme Court. […]

Vitor Constancio
European Union

ECB vice-president: Greek ‘No’ vote would weaken chances for financial assistance deal

A “No” vote in Greece‘s referendum on Sunday would weaken chances for Athens to reach an agreement with its creditors, Vitor Constancio, vice-president of the European Central Bank, said in Vilnius on Friday. […]

Statoil
Energy

Litgas and Statoil prepare joint venture to enter Baltic Sea small scale LNG market

Natural gas supply and trading company Litgas, part of Lithuania’s state owned energy holding Lietuvos Energija, and Norway‘s Statoil, a leading global energy company in oil and gas production, signed a memorandum of understanding (MoU) on Thursday in Vilnius regarding establishment of a joint venture company in Lithuania to develop small scale LNG bunkering services, Litgas reports. […]

Mark Harold, Vilnius Mayor Remigijus Šimašius
Politics

Vilnius Liberals kick British member out for disrespectful Facebook post

Mark Adam Harold, a British citizen and member of the Vilnius Council’s Liberal Movement political group, has been kicked out of the group for a disrespectful Facebook post about Lithuania. […]