2015 has been a slow year for Lithuanian beer makers, with sales inching down 2% compared to the year before. Industry experts say the contraction is to continue, not least because of the shrinking population […]
A series of terrorist attacks in Europe has made Lithuanian insurance companies think of offering insurance against terrorism risks to their clients, although very few of them currently do. The insurance company If says that […]
A handful of food service companies regularly snatch government contracts, an investigation by Lithuania’s public procurement watchdog has found. The Public Procurement Office, responsible for inspecting how government institutions buy goods and services from private-sector […]
Electricity interconnection with Sweden, NordBalt, has been relaunched after repairs that took 11 days to complete. NordBalt disconnected on July 26. The initial tests showed that a discharge at the reactor hall has broken one […]
A recent study has shown that nearly 40% of Lithuanians do not know how much they are charged for banking services. Experts think this might come from many customers’ belief that monetary transactions entail no […]
With data showing that emigration from Lithuania has increased even more this year, the cabinet has drafted a plan to reduce emigration and encourage repatriation. Economists, however, are sceptical that it will work. […]
With about two months left until the general elections, political parties must submit their final application documents to Lithuania’s Central Electoral Commission by the end of Friday. About 1,500 candidates will vie for 141 seats […]
Students coming to study to Vilnius and Kaunas will have to pay up to 10% more in rents than last year. Real estate agents admit that Vilnius landlords are charging about 5% more compared to […]
With the cruise ship season in its middle point, one of the world‘s most environmentally-friendly cruise ships Mein Schiff 5 is visiting Klaipėda port. The ship’s modern systems reduce her gas emissions by up to […]
Lithuania is one of the world’s leaders that attract foreign investment and create new jobs, according to a new ranking. IBM Global Location Trends 2016 report shows that Lithuania takes the 10th position in the […]
Lithuanians Olympic medallists will most likely get awarded with brand new cars by sponsors and will get considerable premiums from the state. Lithuania‘s premiums for the Olympic medal winners fall somewhere in the middle among […]
The conservative leader is too young and inexperienced to be aiming for the prime ministerial post, meanwhile the political career of the former liberal leader, who is currently fighting corruption charges, is as good as over, says Jūratė Novagrockienė, political science professor at the General Jonas Žemaitis Military Academy. […]
At the beginning of autumn, a new airline route will offer direct flights from Vilnius airport Lvov in western Ukraine. The flights will be launched on September 16 and will be continued throughout the year. […]
The official distributor in Lithuania of tickets to Olympic events, the travel agency Novaturas, says it has only sold several dozen tickets. Far more Lithuanians are travelling to Brazil to see the Olympics, but some […]
Former Vilnius mayor Artūras Zuokas decided not to stand in Karoliniškės single-member constituency and moved to Senamiestis constituency after former interior minister Saulius Skvernelis announced he would be running for a Seimas seat in the […]
A distinctive feature of this year‘s parliamentary election campaign in Lithuania is that many party leaders refuse to lead their parties in the election lists. Liberal Movement leader Eligijus Masiulis fell due to corruption suspicions, […]
Great Britain’s decision to leave the European Union may adversely affect the Lithuanian car market, albeit indirectly. Many car parts sold in the country come from the United Kingdom, so it is likely that they […]
Spending by tourists from Russia and Belarus in Lithuania’s shopping malls has dropped significantly over the last few years, but growing domestic consumption has made up for the losses. Russian tourists spent 50% less in […]
Last year, Lithuania’s 1,000 biggest companies created 5,176 new jobs. The manufacturing sector is expected to remain one of the biggest employers in the country, Verslo Žinios reports. Most of the new jobs by the […]
African swine fever has been diagnosed in Kaišiadorys district for the second time this year. When a pig died in Miežonių village, a swine fever was diagnosed and the two other pigs in the farm […]
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