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Economy

Lithuanian company acquires Latvian tea producer Inteka

The Kaunas-based tea and coffee wholesale trade company Gemaga has acquired Latvian tea producer Inteka, the holder of the popular Mozums trademark that controls around one-third of the Latvian market, as Vz.lt reported on Monday. The value of the deal has not been disclosed, but the Lithuanian portal indicates that the company’s financial indexes have been declining for the past several years. […]

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Politics

Chess grandmaster sworn in as Lithuanian MP

On Tuesday, 21 April, chess player Viktorija Čmilytė-Nielsen gave an oath at the Lithuanian Seimas and joined the ranks of members of Parliament. […]

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Economy

German companies top foreign investors in Lithuanian manufacturing

Newly released data shows that German firms are the largest foreign direct investors in Lithuania’s manufacturing industry. […]

Petras Auštrevičius
Defence

MEP suggests writing into Constitution how much Lithuania must spend on defence

Member of the European Parliament Petras Auštrevičius has raised the idea of including Lithuania’s commitment to spend 2 percent of GDP on defence into the Constitution. […]

Hillary Clinton
Foreign affairs

Prime Minister Butkevičius says Clinton would be friendly president to Lithuania

Lithuanian Prime Minister Algirdas Butkevičius is convinced that US Democratic Presidential candidate Hillary Rodham Clinton, should she be elected to the White House in 2016, would conduct a Lithuania-friendly foreign policy. […]