CORPORATE

Lithuanian Railways reports growing profits despite regional slow-down

During the first half of 2016, AB Lietuvos Geležinkeliai (Lithuanian Railways) has earned €0.5 million of net profit. The state-owned company transported 23.4 million tons of cargo, or 1.6% more than in the same period […]

CORPORATE

Potato plague detected in Lithuania

The first areas where potato plague has been registered are Zarasai, Kaunas, Joniškis and Pasvalys regions, Lithuanian Agricultural Advisory Services said. There are 23 types of fungicides that can eliminate potato plague registered in Lithuania.

CORPORATE

Stable prices in Lithuanian electricity market

Last week, the average price of electricity in Nord Pool Exchange Lithuanian trade zone remained almost unchanged compared to the previous week and was €32.3 per megawatt-hour. The price has fallen by a quarter if […]

CORPORATE

Lithuanian dairy farmers in for €24m support

After the European Commission has greenlit €13 million in subsidies for Lithuanian dairy farmers, the Lithuanian government will add another €11 million that has been promised before, the country’s agriculture minister has said. The ministry […]

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CORPORATE

Netflix failed to impress Lithuanians

After launching in Lithuania this year, Netflix did not bring any major changes into the local market, as only a minority of people signed up for the service, according to a Sprinter Tyrimai survey commissioned […]