Energy
Lithuania decides to buy out its LNG terminal
The Klaipėda liquefied natural gas floating storage and regasification unit (FSRU) terminal should be bought out by the end of 2024, members of Seimas voted today. […]
Articles by Justina Ilkeviciute
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A riddle for our time: who are the grey cardinals? Part Three
The Nerijus Rasburskis and Lietuvos Energija version DELFI has repeatedly tried to contact Mr. Nerijus Rasburskis through Lietuvos Energija, but have invariably received a negative response and request to put any questions in writing to […]
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Factories rise one after another in Lithuania: thousands of jobs to spread across the country
Recently a positive trend can be observed in Lithuania – we are increasingly frequently hearing about factories being established in the country, about their development and new foreign investors. Experts are celebrating that the construction […]
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A riddle for our time: who are the grey cardinals? Part Two
They won the auction… But did they Mr. Skvernelis also mentioned that by protecting these Lietuvos Energija projects, other rivals could be eliminated. The 2013 auction incentive auction for a biomass-winning company became one such […]
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A riddle for our time: who are the grey cardinals? Part One
Prime Minister Saulius Skvernelis abruptly dismissed his energy advisor Tomas Garasimavičius in March this year. Skvernelis claims he had lost political trust in his advisor. Just over a month later, Lietuvos Energija launched an internal […]
Economy
Telia’s CEO: price is no longer the most important factor for Lithuanians
Dan Strömberg, who became the manager of the telecommunications company Telia a few weeks ago, said that the competition is nowhere else as fierce as in Lithuania. […]
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An unsolved equation: who needs two more cogeneration power plants for Lithuania?
Two more cogeneration plants are on the cards for Lithuania although it is not clear if there will be enough combustible waste to produce electricity and heat. That was the decision of the previous Government […]
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Larger wages and pensions: why we are increasingly behind Estonia
While Estonia is notable among the Baltics for its highest average net wage of more than a thousand euro, Lithuania is first based on a less laudable metric – inflation, which is not only the […]
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Rising prices changing Lithuanian shopping habits
Prices have indeed risen in stores, quite significantly for certain goods. This has made buyers purchase less and seek discounts more. Furthermore the growing prices are identified by Lithuanians as their greatest concern. This was […]
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Two Lithuanias surface when people’s shopping habits are viewed
Lithuanian shoppers are bargain hunters, thrifty, seeking benefits and completely disloyal to store chains or brands. These insights were revealed at the Baltic Retail Forum by BALTMI Baltics Market Insights business development head Artūras Urbonavičius. […]
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Increasingly heated atmosphere – price growth continues to accelerate
The prices of goods and services in Lithuania continue to grow and this growth rate continues to accelerate according to the newest data from Statistics Lithuania. Based on preliminary data, the initial forecast for annual […]
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Living in a prestigious neighbourhood does not mean anything: the list of the most luxurious properties compiled
Having purchased or owning real estate in the Old Town of Vilnius, Naujamiestis, Žvėrynas, Užupis, or Antakalnis neighbourhood does not guarantee a carefree life in a great neighbourship, neither does it ensure the high value […]
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Economists respond – who will be most impacted by the changes
Economists have evaluated the proposed tax rework – those earning the least will benefit, while there will be no impact on everyone else. The commenters were unwilling to describe the changes as reform. The majority […]
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What would happen if all the emigrants suddenly came back to Lithuania?
While sociologists are painting a dark scenario for Lithuania because of massive emigration, talks in society are still going on about how to bring back emigrants. However, what would happen if all emigrants, about half […]
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Nausėda: Lithuania needs progressive taxes
Lithuania needs to adopt progressive taxes, because on the other hand, the social divide will only increase, two states will start forming and economic life may only exist in Vilnius, Kaunas and maybe Klaipėda. Dr. […]