Druskininkai
CORPORATE

Russian tourists returning to Lithuanian resorts

Over the last several years, Lithuania’s tourism industry has been hit by dwindling numbers of tourists from Russia. However, unrest in other holiday destinations and the stabilizing purchasing power of Russian consumers have allowed a […]

No Picture
CORPORATE

Lithuanian foods about to enter Chinese market

All the necessary procedures have been completed in order to start Lithuanian dairy exports to China. Lithuanian products are expected to start shipping to the South-East Asian country shortly. Negotiations on trade in beef are […]

CORPORATE

Lithuanian government borrows €15m

Lithuania issued government bonds worth €15 million on Monday. The state will pay 0.489% interest on average for the bonds that will mature in eight years. By 1 July, the central government’s debt amounted to […]

Vladimir Antonov
CORPORATE

Snoras former owner Antonov demands €555m from Lithuania

Vladimir Antonov, the former owner of the Snoras Bank which was nationalized and went under after revelations of large-scale embezzlement, has turned to the Moscow Arbitration Court demanding a compensation from Lithuania. He demands 40 […]