
Month: August 2015


Šarūnas Marčiulonis to be nominated for FIBA’s hall of fame
Lithuania’s basketball legend Šarūnas Marčiulonis, who started his career in BC Statyba in 1981, and managed to leave for the NBA despite the Iron Curtain, will join the FIBA‘s hall of fame, The Denver Post reports. […]

Liberals remain Lithuania’s 2nd most popular party despite fall in ratings
A fifth of the Lithuanian voters (20.1 percent) would vote for the ruling Social Democratic Party in parliamentary elections, a poll shows, while 12.9 percent would support the Liberal Movement. While the liberals suffered a 3.1-percent drop in ratings month-on-month, they still remain the second most popular party in Lithuania. […]

French president’s eurozone government proposal ‘just an idea’, Lithuanian foreign minister says
French President François Hollande‘s proposal to establish a parliament and a government for the euro area is “just an idea without any specific propositions,” therefore is cannot be either rejected or approved so far, says Lithuania’s Foreign Minister Linas Linkevičius. […]

Russia’s population drain of the century
A week ago, President of Russia Vladimir Putin took on the issue of emigration in Lithuania, wildly exaggerating the drain it has had on the country’s population. What he chose to ignore was that the problem is even more pronounced in his own country: people are fleeing Russia in higher numbers than ever before. Lithuania is one of the destination of their choice. […]




Enterprises in Lithuania employed 935,000 in 2013
Statistics Lithuania in its annual publication Structural Business Statistics Indicators 2013 reports that back in 2013, there were about 183,000 active enterprises in the country, which employed about 935,000 people. Over the year, the number of enterprises increased by 9.2 percent, the number of persons employed in them – by 4.3 percent. […]


Activities of foreign affiliates in Lithuania grow
Over the last year, the proportion of foreign-controlled enterprises in Lithuania increased by 7 percent. […]


Swedbank issues EUR 11m loans to Linas Agro Group companies
Swedbank has granted more than EUR 11 million in loans to poultry farmers and producers – leading Latvian poultry producer AS Putnu Fabrika Kekava has been assigned EUR 9.48 million, whereas the associated company SIA Lielzeltini – EUR 1.91 million euros. The loan will be used to carry out renovations of bird enclosures and infrastructure, modernize the meat processing plant and purchase the new equipment, Linas Agro Group reports. […]


Unemployment in Lithuania at 8.5 percent in June
In June 2015, Lithuania’s seasonally adjusted unemployment stood at 8.5 percent, slightly up from May with 8.2 percent but down from 10.9 percent compared to June 2014. This June, there were around 127,000 job-seekers in Lithuania, Eurostat, the statistical office of the European Union (EU), reports. […]







Cross-border healthcare – a slow take up for Lithuania
When it comes to cross-border healthcare, for countries like Lithuania the vision was to offer Western countries shorter waiting times and significant reductions in treatment costs. […]







China advises Lithuanian companies to make clusters
A delegation of the Chinese Ministry of Commerce has visited the Lithuanian Ministry of Economy. […]







Mission Siberia 2015 returns back to Lithuania
Participants of the annual initiative Mission Siberia 2015 returned to Vilnius on Saturday after spending two weeks in Russia. […]







Russia asks Lithuania to stop import of Dutch flowers
On 30 July, the State Plant Service under the Ministry of Agriculture of Lithuania received a note from the Russian food safety supervising authority Rosselkhoznadzor where Russia asks the Plant Service to temporarily suspend phytosanitary certification of flowers grown in the Netherlands because harmful organisms were allegedly found in flowers brought from Lithuania. […]


Kremlin does not rule out asymmetrical response to new US sanctions
Kremlin does not rule out Moscow’s asymmetrical response to US new sanctions against a number of against a number of Russian physical and legal persons, the Russian president’s spokesman Dmitry Peskov said on Friday. […]


Rescuers bring body of Lithuanian climber killed in Kyrgyzstan mountains
Rescuers have brought the body of a Lithuanian climber who was killed during a stone fall in the Tian Shan Mountains in Kyrgyzstan, Lithuania’s Ministry of Foreign Affairs said on Friday. […]


Political scientist: Russia could exert influence on Lithuania via Achema Group
The Kremlin could exert influence on Lithuania and try to destabilize the country if Russia’s chemical concern EuroChem Group were to acquire Achemos Grupė (Achema Group), one of Lithuania’s largest concerns, that owns a large fertilizer plant in Jonava and the largest stevedoring company in the port of Klaipeda, a political scientist has said. […]







Nearly three-fourths of Lithuanians positive about euro
The Lithuanians have warmed further towards the euro after the country’s switchover to the single currency early this year, the recent Eurobarometer survey has shown. […]