CORPORATE

New cars in Lithuania on the rise

The number of new cars registered in Lithuania is increasing while the number of used cars has gone down. Last year 30,725 new motor vehicles were registered in Lithuania which is 20.8% more than in […]

Remigijus Šimašius, Bert van der Lingen
CORPORATE

A present from the Netherlands for cyclists in Lithuania

Vilnius has received two bicycle stands designed to resemble a car from the Netherlands during the Bicycle Day. The stands were uncovered by the Mayor of Vilnius Remigijus Šimašius and the Kingdom of the Netherlands […]

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CORPORATE

Construction industry cashflow depressed by public contracts drought

Lithuanian construction industry revenue contracted 3.5% last year, to total €2.5 billion, Verslo Žinios reports. The contraction is largely down to fewer large-scale public contracts, which is why construction companies focusing on government projects took […]

"Kauno Stiklas"
CORPORATE

Lithuania leads Europe with rise in industrial production

Industrial production in Lithuania rose 2.5% in February bucking the 0.7% fall in production across the European Union, according to the European Union statistics department Eurostat. Lithuania had the fastest rate of growth in industrial […]