Mindaugas Marcinkevičius
Economy

Maxima owners to take shareholders’ dispute to Luxembourg court

Lithuanian businessman Mindaugas Marcinkevičius, a minority shareholder in the company that operates the country’s biggest grocery chain Maxima, is to go to the Luxembourg courts to contest a €90-million loan at below-market interest rates that the company extended to Luxembourg-registered businesses owned by another shareholder. […]

Ramūnas Vilpišauskas
Opinion

Opinion: Managing refugee crisis and main risks

Discussions about the refugee crisis and how to solve it has moved from the European Union to the United Nations General Assembly, where most national leaders spoke about settling the conflicts in Syria and Iraq and fighting international terrorism. Among the highlights were the speeches and meeting of the presidents of the United States and Russia. […]

No Picture
Economy

European Commission criticizes Lithuania for poor VAT collection

The level of VAT revenue collected in Lithuania is well below that which could be collected, the European Commission has said. […]

Port of Klaipėda
Defence

Military equipment from Belgium and Luxembourg arrives in Lithuania

Military equipment from Belgium and Luxembourg arrived in Lithuania’s port city of Klaipėda on Tuesday for use at the Baltic Piranha war games that will take place in Lithuania in October. […]