The first quarter of 2016 saw increased borrowing by small businesses, improved corporate credit ratings and growing productivity. Farmers, retailers and manufacturing companies were the most active borrowers among small businesses, says Swedbank. Swedbank’s loans […]
Jonava Municipal Council decided to ban sale of strong alcoholic beverages during Joninės, Lithuania’s midsummer festival. The ban will apply not just on the festival site, but throughout the town, affecting shops, restaurants and bars. […]
Historical sources document medieval Lithuanian tribes to have been not just victims of crusader attacks but expansionists and pillagers in their own right, fierce warriors whose might terrorized their neighbours, including fellow Balts, and forged empires. […]
The European Commission has formally requested that Lithuania ease its national rules on the sale of land to foreigners, which now violate the European Union‘s free movement of capital and freedom of establishment. […]
The return of Lithuanian powerhouse Jonas Valanciunas to the Toronto Raptors line-up against Cleveland couldn’t stop the Cavaliers from inflicting a humiliating defeat on Toronto in Game 5 of the Eastern Conference finals. […]
The Bank of Lithuania has asked the Prosecutor General’s Office to investigate alleged slander by a media group. […]
If you are an emigrant thinking of coming back to Lithuania or an English speaker in Lithuania looking for a new role we will be picking out some of the top jobs available in Lithuania each week for English speakers across all industries and sectors. […]
Russian President Vladimir Putin offered to build an “equal and fair dialogue” with the European Union on the eve of his visit to Greece. […]
Gabrielius Landsbergis, the leader of Lithuania’s conservative Homeland Union party, has officially given up his seat at the European Parliament. […]
Lithuania’s parliament recently added a new amendment to the Alcohol Control Law, which, from November 2016, will prohibit retailers from displaying discounts on alcoholic drinks. The discounts themselves are not banned, however. […]
Minister of Transport and Communications Rimantas Sinkevičius said that the state-managed Lithuanian Railways company will be restructured according to the European Commission‘s requirements. In this way, the company will avoid paying several tens of millions […]
Lithuanian households will be paying about 5.5% less for electricity as of July, says the state-run electricity and gas distribution company Energijos Skirstymo Operatorius (ESO). The company’s board have signed off on the new pricing […]
Lithuania has one of the largest fresh water supplies in Europe, according to the head of Lithuanian Geological Service Jonas Satkūnas. […]
Uber opened a new engineering and support services unit in Vilnius on Wednesday. There are 20 specialists working in the office currently but it is planned to double the number by the end of 2016. […]
The global stainless steel market leader Finnish company Outokumpu is to open a multi-service centre in Vilnius. The company said it decided to open a service center in Lithuania to optimize operating costs and standardize […]
The average wage in Lithuanian was 6.9% higher in the first quarter of 2016 than the same period last year. This is the fastest rate of growth in pay packets since the Lithuania‘s economic recovery […]
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