During its Saturday convention, the Liberal Movement party elected Vilnius Mayor Remigijus Šimašius as it permanent chairman. Eugenijus Gentvilas, Vitalijus Gailius and Sergej Zverev also ran for the position. Gentvilas became the first deputy chairman […]
Minsk is prepared to answer any outstanding questions about the Astravyets nuclear power plant during a consultation on June 21 and 22 in Vilnius, according to a representative of the Belarus Ministry of Foreign Affairs. […]
The Most Desirable Employer 2016 contest has announced its winners, crowning two IT companies from the same business group. The contest, organised by Verslo Žinios, awarded the honour to Baltnetos Komunikacijos in the small enterprise […]
Officers of the Environment Ministry’s Alytus Region Environmental Protection Department have collected water samples from the Nemunas river by the border with Belarus after an incident was reported Grodno Azot nitrogen factory in Belarus. For […]
A Lithuanian company has developed a digital house rent platform, saying it will help cut the costs of such transactions. “If the two parties sign a contract that involves a real estate agency, the total […]
Ukraine is interested in Lithuania‘s experience in efficient use of natural resources, development of waste management system, development of solar energy and would like to work more closely with Lithuania, said Environment Minister Kęstutis Trečiokas […]
A senior US Defense Department official said on Tuesday that while Russia could break NATO defences in the Baltics in 60 hours or less, it will become much more difficult after 2017. US Deputy Assistant […]
The Lithuanian Energy Institute (LEI) has prepared the National Energy Strategy (NES) which for the first time discusses threats to the country’s energy sector. They are divided into three groups: socio-political, natural and technogenic. Ensuring […]
The Lithuanian state collected €84 million or 1.6% more in revenue than projected in the first five months of 2016 Total revenue hit €2.42 billion showing an increase of 8.5% year-on-year. “The improving collection of […]
Lithuanian Railways posted a loss of €2.78 million in the first quarter of 2016 compared with a net profit of €6.3 million in the first quarter of 2015. The company’s income fell by 2.3% over […]
Ten of the most talented telecommunication technologies students in Lithuania have signed the first agreement with the organizers of the project Seeds for the Future to do a two-week internship in China marking the end […]
Kaunus start-up SearchNode has been named the most ambitious startup in Lithuania by the global business portal Forbes. The Kaunas based start-up was accompanied by two more startups from Kaunas Technology University on the list […]
Biotech company Thermo Fisher Scientific and AIG topped a list of the most reputable companies in Lithuania according to a new Business Reputation Index. “The general public‘s attitude to companies reputation in many cases is […]
An explosion occurred at the Grodno nitrogen factory in Belarus just 40 kilometres from the Lithuanian resort of Druskininkai on Monday, the fallout from which could pose an environmental threat to both Lithuania and Poland. […]
While the Latvian and Estonian Prime Ministers want to move ahead and sign a tripartite agreement between the Baltic countries‘ governments on the European Rail Baltica project as soon as possible, the Lithuanian government said […]
Lithuania’s financial system could withstand a series of international and domestic shocks, including a sudden deep recession according to the chairman of Lithuania’s central bank. “Banks can withstand large shocks. Our stress tests shows that […]
Small shareholders of Achema Group, Lithuania’s biggest fertilizer producer, have asked court to force the company to buy out their 25% stake in the company. The small shareholders, who have failed to agree with the […]
The State Tax Inspectorate‘s (VMI) anonymous hotline, which has been operating for the past 10 years, has added €32 million to the state’s budget, and the number of calls it receives is growing every year, […]
Klaipėda-based AB Western Shipyard company group has acquired a floating dock to carry out repairs from the Montenegro company Adriatic Shipyard Bijela that will be the biggest in the Baltic States. “Acquisition of this dock […]
Danske Bank has sealed an agreement to lease a 12,000 square metre business centre in Vilnius which is still under construction. It is the largest lease transaction in the Lithuanian market this year. Danske Bank […]
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