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Polish dairy farmers target Lithuanian market
The polish dairy industry has ambitions to win over a significant part of the Lithuanian dairy product market with increased promotion of a range of products in the country. […]
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CORPORATE
Conservative leader Landsbergis: Prime Minister lied, Environment Minister must resign
Leader of the conservative Homeland Union, an opposition party, Gabrielius Landsbergis says that the minister of environment must resign after investigators published incriminating transcripts of his phone conversations. […]
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Dark clouds for Lithuanian economy ahead, economists say
Lithuanian economists have criticized the government’s “inaction”, saying that the country’s economy have grown despite rather than because of its economic policies. However, challenges loom ahead. […]
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Red tape for foreign workers killing Lithuania’s competitiveness
Lithuania’s work visa system for foreigners has become so complicated and time-consuming that it is causing shortages of skilled labour across the economy. […]
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Lithuanian investors plan to pump record amount into gold in March
Lithuanian investors plan to direct large parts of their investment portfolio into gold – as much as 40% on average with huge volatility still afflicting world stock markets. […]
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23 parties to run in Seimas elections this year
23 registered Lithuanian political parties have submitted their member lists to the Ministry of Justice by 1 March and will be able to participate in the Seimas elections coming up in October. […]
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Lithuanian passport provides visa-free access to 162 states
Baltic passports are among the most valuable in the world, according to a list that valued passports by how many states they granted visa-free access to. […]
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US election result could bring ‘unexpected changes for Lithuania’
US presidential election results may bring unexpected changes to Lithuania, Žygimantas Pavilionis, the former Lithuanian Ambassador to the US, told Žinių radijas. […]
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Lithuania to take part in Gazprom’s gas auction
Lithuania’s state-owned energy holding Lietuvos Energija is planning to take part in a natural gas auction recently announced by Russia’s Gazprom, if the price is right. […]
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Lithuanian banking profits fell by one fifth
Profit margins of major banks in Lithuania have fallen by about one fifth in 2015, a result of one-off factors like Lithuania’s accession to the euro zone and quantitative easing policies that have cut interest rates, Verslo Žinios reports. […]
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The Prime Minister who cried “Russia”
Prime Minister Algirdas Butkevičius claims that the teachers’ trade unions on strike in Lithuania could have been influenced or inspired by Russia has attracted considerable attention. When describing how some members of the teachers’ trade unions attended certain conferences in Russia, the prime minister rhetorically asked, “Who can deny that, after that, some of their suggestions and desires are implemented here in Lithuania?” […]
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Who’ll win the Seimas elections?
Most observers reckon that, after the Seimas elections, the nucleus of the ruling coalition will be made up of Social Democrats and Liberals, with Ramūnas Karbauskas’s Peasant and Green party and other independent parties contributing to the coalition as well. […]
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Leader in ‘internet of things’ to collaborate with Lithuanian universities
Promwad, a leading pioneer of technologies for the ‘internet of things’ is to start a collaboration with Vilnius Gediminas Technical University (VGTU) as well as opening a new services centre in Vilnius. […]
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CORPORATE
Lithuanian exports to Israel jumped 40% in 2015
Lithuanian exports to Israel increased by 40.6% in 2015 according to the latest statistics, and put Lithuania only second to Ireland in export growth to Israel among EU countries. […]
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CORPORATE
Lithuanian school plans to teach computer programming from first grade
A Lithuanian school in Rokiškis, Juozas Tūbelis Pro-gymnasium, is to start teaching computer programming to its pupils in the first grade, in what may be a first in Lithuania. […]
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Unemployment continues to drop across EU while rising in Lithuania
According to Eurostat, the European Union‘s statistical department, unemployment fell through the Euro zone and the EU in January while growing slightly in Lithuania. […]
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CORPORATE
Lithuanian brand tablet sales rise 50%, sold in 30 countries
Lithuanian Company eSTAR sold 50% more tablets in 2015 than in 2014 despite the fact that the tablet market shrank by as much as 30% in many European countries last year. […]