CORPORATE

Lithuania retail sales growth slows in December

Lithuania’s retail sales growth slowed for the fourth month in a row in December, according to the latest figures from Statistics Lithuania. […]

CORPORATE

ORLEN Lithuania bounces back with €217m profit

Lithuania-based oil refining company Orlen Lietuva generated a net profit of €217 million ($227 million) last year. […]

Kaliningrad
CORPORATE

Opinion: Kaliningrad – Kremlin‘s joker in geopolitical poker game with West

The Kremlin‘s propaganda rarely shocks anymore and hardly registers as news with most people but some of it deserves attention because when a specific propaganda message is repeated over and over, it is done in an attempt to embed it in our minds as being the uncontestable truth. In the case of Kaliningrad, it has to be feared that the Kremlin‘s efforts are an attempt to incite war between the West and Russia. […]

Zika virus
CORPORATE

Small chance that Zika virus will spread to Lithuania, says expert

There is only a small chance that the Zika virus could spread to Lithuania with cold weather preventing the mosquitos who carry the virus from living long enough, according to a leading Lithuanian expert, but pregnant women should still not travel to countries with warmer climates where the virus has been detected. […]

Žygimantas Pavilionis
CORPORATE

Partnership with Poland should be Lithuania’s key foreign policy priority, says former ambassador to US

Many in Lithuania have been criticizing Poland‘s new government, but former Lithuanian ambassador to the US Žygimantas Pavilionis believes that the return of a strategic partnership between Poland and Lithuania should be our greatest foreign policy priority. According to Pavilionis, those now criticising the Polish government are the same people that accepted Barack Obama‘s attempts to reset the US relationship with Russia and improve the EU’s relationship with Russia. […]

Fortum Klaipėda elektrinė
CORPORATE

Klaipėda CHP plant generates record amount of power

Fortum Klaipėda heat and power plant, which runs on waste and biofuel, produced a record 416GWh of heat and 143GWh of electricity during 2015. […]