Economy
Year: 2016
European Union
Lithuania could become EU entry point for migrants – new interior minister
Lithuania could become the new entry point for migrants coming to the European Union and the country’s authorities must prepare for the potentiality, says the new minister of the interior. […]
Economy
Auditors slam municipal company for loaning money to Air Lituanica
Auditors have slammed Vilnius municipal heating company, Vilniaus Šilumos Tinklai (VŠT, Vilnius Heating Grid), for extending multi-million-euro loans to Air Lituanica, a municipal airline that went under last year. […]
Defence
‘We will not cede space in the Baltic, we are not afraid’, says US warship commander after Russian flyby
The commander of the US warship buzzed by two Russian attack jets in the Baltic Sea has said that the US Navy will not cede space to Russian forces in the Baltic. He was speaking in Klaipėda where the USS Donald Cook has docked today. […]
Defence
Russian helicopters ‘crossed into Lithuanian territory’
Russian helicopters crossed into the Lithuanian territory from Kaliningrad on Tuesday. They were spotted visually, but not by a radar, the Ministry of National Defence has confirmed. […]
CORPORATE
PM says police unions ‘politicking’ with criticism of new interior minister
Lithuanian Prime Minister Algirdas Butkevičius has accused police unions of “politicking” for criticizing the appointment of Tomas Žilinskas as the new minister of the interior. […]
Economy
Electric vehicle use grows while charging infrastructure lags behind
Despite the sparse distribution of charging stations, more and more drivers are choosing to use quieter and more economical electric vehicles. […]
CORPORATE
Construction industry cashflow depressed by public contracts drought
Lithuanian construction industry revenue contracted 3.5% last year, to total €2.5 billion, Verslo Žinios reports. The contraction is largely down to fewer large-scale public contracts, which is why construction companies focusing on government projects took […]
CORPORATE
Enterprise Lithuania selects new general manager
Rūta Pentiokinaitė, the acting general manager of the Enterprise Lithuania nonprofit organisation, has won the competition to become the organisation’s official general manager. The Ministry of Economy announced Pentiokinaitė’s appointment on Wednesday. Enterprise Lithuania is […]
Defence
Russian jets swoop within metres of American warship in ‘simulated attack’ over the Baltic Sea
Several Russian Su-24 attack aircraft conducted a “simulated attack profile” against the USS Donald Cook warship in the Baltic Sea, with one of the jets on Tuesday flying within nine metres of the destroyer. […]
CORPORATE
National security threats report is itself a threat to Lithuania’s national security: Opinion
The latest annual report from the State Security Department (VSD), which contains a number of proposals to limit free speech, shows that siege mentality and remnants of Soviet thinking are still widespread in Lithuania. […]
Society
CORPORATE
Record number of appeals to Lithuanian equal opportunities ombudsman
Lithuania’s equal opportunities ombudsman received a record number of complaints in 2015. Since the establishment of the office in 2015 the Equal Opportunities Ombudsman received 265 complaints and 165 inquiries. 65 complaints were investigated and […]
CORPORATE
Time right for Lithuanian airport privatisation and closures – Airport CEO
The head of Lithuania‘s airports has said that the time is right for a private operator to take over the running of country‘s airports and that there will have to be closures as the country […]
CORPORATE
Uber aims to bring back Lithuanian expat coders
Ride-share company, Uber, is to expand its software engineering centre in Lithuania is targetting Lithuanian expats with technology expertise to come back to the country to staff the centre. Head of Uber for the Baltic […]
CORPORATE
Lithuania leads Europe with rise in industrial production
Industrial production in Lithuania rose 2.5% in February bucking the 0.7% fall in production across the European Union, according to the European Union statistics department Eurostat. Lithuania had the fastest rate of growth in industrial […]
Foreign affairs
Lithuanian government simplifies visa process for foreign workers
The government has approved a proposal to simplify the procedures for granting temporary residence permits to foreign workers moving to Lithuania. […]
Global LT
Valanciunas double-double secures Raptors No.2 seed for play-offs
Lithuanian NBA star Jonas Valanciunas’ 17 points and 11 rebounds against Philadelphia saw the Toronto Raptors lock in their No. 2 seeding in the Eastern Conference and set up a match-up with the seventh-seeded Pacers in the play-offs. […]
Foreign affairs
Lithuanian sentenced to 13 years for spying in Russia
A court in Russia‘s Kaliningrad region has found Yevgeny Mataitis, a dual Lithuanian-Russian citizen, guilty of high treason and sentenced him to 13 years in prison, the Russian Federal Security Service (FSB) said on Wednesday. […]
Economy
German investors in Lithuania call for labour law reforms and better vocational training
Nine out of ten German investors in Lithuania are happy with their choice to invest in the country, although many believe that the government could do more in areas like labour law and professional training, according to a survey by the German-Baltic Chamber of Commerce (AHK). […]