CORPORATE
Decentralise state agencies to the regions, says MP
The government should decentralise state-controlled enterprises, public institutions and government organisations to the regions to move more jobs out of the capital to the regions, especially to the underdeveloped municipalities, said parliamentarian Kęstutis Masiulis. […]
Unpredictable Poland is the new Russia for Lithuanian exporters, say economists
After riding themselves of dependence on unpredictable markets in Russia Lithuanian exporters are facing another potential crisis in Poland, according to Swedbank economist Nerijus Mačiulis. […]
Lithuania’s Achema concludes gas deal with Statoil
Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway’s Statoil on Tuesday. Statoil will deliver liquefied natural gas (LNG) to the company in tankers via the LNG terminal in Klaipėda. […]
EU to demand veto on Gazprom deals with EU countries including Lithuania
The EU is seeking new powers to vet gas contracts between Russia and EU countries like Lithuania and the Baltic States before they are signed in an effort to curb the influence of Gazprom on European Union gas markets. […]
€500k of medical aid sent to Ukraine
Lithuania sent over 200,000 packages of medication to Ukraine on Friday in response to a request by the Ukrainian Ministry of Health. […]
Discussions on reforms of labour code almost complete
The Parliamentary Committee on Social Affairs and Labour is working out the final details of the social model package that would liberalise labour laws and reform the Sodra pension scheme, said Kristina Miškinienė, the head of the committee, on Žinių Radijas. […]
Controversy grows over minister taking spouse on official trip to London
There is growing controversy over Education Minister Audronė Pitrėnienė taking her spouse Aurelijus Pitrėnas on an official trip to the World Education Forum in London last week. […]
Foreign investors get frosty reception in Lithuania’s regions
Foreign investors get a frosty reception in the regional parts of Lithuania as local businessman fear competition and put pressure on councils to keep out foreign investment, according to Rūta Skyrienė, executive director of the Investors Forum, which brings together foreign investors in Lithuania. […]
Will consumers feel lower gas prices?
Consumers will not see a big drop in the price of their gas following a new deal between Lithuanian gas trading company Litgas and Norway‘s Statoil which will cut the wholesale liquefied natural gas price by more than a third and reduce the maintenance costs of the LNG terminal by 23%. […]
Supporters and critics of Poland clash in European Parliament
Ping pong of historical references pepper European Parliament debate on Poland reforms and European Commission investigation […]
New deal with Statoil to cut gas price by third
Lithuania’s gas company Litgas has concluded negotiations with Norway’s Statoil to review it’s five-year liquefied natural gas (LNG) supply contract, substantially cutting maintenance costs of Lithuania’s LNG terminal and the price for gas consumers, Prime Minister Algirdas Butkevičius says. […]
Controversy over Lithuanian children seized in Norway prompts hard look inwards
Protests have sprung up across a number of countries against the actions of Barnevernet, the Norwegian children’s welfare service that has removed numerous children from migrant families in Norway. Last Thursday, one such protest sprang up in front of the Norwegian embassy in Vilnius but Linas Linkevičius, the Lithuanian Minister of Foreign Affairs, said “only a legal path, not populist protests and rallies, can be used to negotiate with Norway for the children that were taken from those Lithuanians”. […]
Kaunas presents Heart award to Landsbergis
Professor Vytautas Landsbergis was presented with the Heart award in Kaunas at the house of the nation on Sunday. […]
Chinchilla farming one of most profitable businesses in Lithuania
Chinchilla farming is one of the most profitable businesses in Lithuania, according to the Ministry of Agriculture. […]
New Polish musical bench strikes up to commemorate Oginskis in Vilnius
An interactive musical park bench has been given to Vilnius by the Polish Embassy to commerorate the closing of the year dedicated to the composer, politician and diplomat Mykolas Kleopas Oginskis (Michał Kleofas Ogiński). […]
Municipalities to take over real estate tax collection to increase revenues
Real estate tax collection and revenues will be handed over to municipalities to encourage them to implement the taxes more stringently under new proposals from Finance Minister Rimantas Šadžius. […]
Banks fail to develop common solution to replace code cards
Commercial banks in Lithuania have still not developed a common alternative for code cards, whose use will be restricted from April. […]
