Society

Most Lithuanians opt for local health services

For over a year Lithuanians have been able to seek for medical treatment abroad. Nonetheless, people choose to be treated in Lithuania or in neighbouring countries offering similar prices. In one year and two months 53 people sought treatment abroad and submitted compensation applications to Territorial Health Insurance Funds (TLK). […]

In a building site
Economy

Estonian Merko gets big contract in Lithuania

Estonian construction concern AS Merko Ehitus group informed the Tallinn Stock Exchange of getting a EUR 15 million contract in Lithuania. […]

Šiaulių bankas
Economy

Šiaulių Bankas to participate in renovation programme

The Lithuanian Programme for Renovation of Multi-Apartment Buildings has reached a strategic turning-point. The Programme, which was funded by the state budget and the European Union Structural Funds till now, has found a private investor – Šiaulių Bankas. The first partner of the European Investment Bank in the country in providing preferential renovation loans, Šiaulių Bankas will contribute EUR 20 million of its own resources to be channelled through the JESSICA Holding Fund, the bank said in a statement on 23 December. […]

"Philip Morris Lietuva"
Economy

Philip Morris launches EUR 40mn investment project in Lithuania

On 23 December, Philip Morris announced the launch of a new LTL 137 million (EUR 40 million) investment project to expand its factory in Klaipėda. The expansion and modernisation of the factory, which is already set to start this year, will increase production capacity by 40 percent. All extra production will be exported, primarily to the highly quality exigent market of Japan. The investment will create 40 new jobs at the factory and provide more orders for local Lithuanian service suppliers and business partners. Currently, more than 90 percent of Klaipėda-based factory production is exported to around 60 global markets, Invest Lithuania said. […]

No Picture
Economy

Lithuanian hotel to accept payments in bitcoins

The network of Nordic Choice Hotels, which includes Comfort Hotel LT – Rock’n’Roll Vilnius located in Lithuania’s capital, will allow to pay for services using Bitcoins, a digital currency. […]

Economy

Lithuanians take care of their arrears before euro adoption

In November, the portfolio of arrears of individuals decreased by LTL 11 million (EUR 3.2 million) in Lithuania. […]