Swedbank Lithuania made €22 million in profits in January-March 2016, 3% more than during the first quarter last year. Swedbank, which is part of the Swedish Swedbank group and the second biggest bank in Lithuania, […]
The Achema Group, which has subsidiaries in the manufacturing, transportation, energy and other industries, increased its profits last year after restructuring its primary fertiliser production company. The Achema Group’s consolidated income reached €814 million, which […]
Vilnius University Institute of Mathematics and Computer Science Professor Valentina Dagienė has been honoured with a Digital woman of the year award in Brussels. The professor won the award in the computer excellence category. The […]
The absence of an increase in foreign direct investment into Lithuania is one of the key reasons why the average wage in Lithuania is the lowest in the region. “The ratio of attracted investment is […]
There is a growing recognition that immigration will be needed to solve skill shortages in the Lithuanian labour market, but while Lithuanians are happy to let in highly qualified specialists from Belarus and Ukraine, they […]
Minister of Agriculture Virginija Baltraitienė is to discuss potential support for the dairy sector together with the division chairmen of the Lithuanian Farmers’ Union. The discussions will primarily focus on financial support for dairy producers, […]
Lithuania’s Labour Party approved 69 candidates on Sunday at the party’s meeting for single member constituencies for the upcoming parliament elections, two constituencies remain vacant. The Lithuanian electoral system is a hybrid: 71 parliamentarians are […]
Vilnius residents and visitors are constantly caught in traffic jams in the city’s main streets, and it has been promised that the Vilnius bypass currently being built will reduce them. However, the construction of this […]
The Lithuanian education system needs to be changed starting with kindergartens to have any chance of competing with the academic performance of leading countries, especially in Asia, education experts say. Lithuanian educators believe that the […]
Labour Party chairman and MEP Valentinas Mazuronis on Saturday announced his intention to participate in the parliamentary elections and lead the party‘s list in the multi member constituencies. “I understand that the chairman of the […]
Medical students, government and NGO representatives are to work out a corruption prevention plan for health services in Lithuania. The Lithuanian Medical Students Association is organizing a discussion on the issue on Monday. Sergejus Muravjovas […]
Lithuanians are increasingly pessimistic about the direction of the country, opinion polls suggest. In early April, a third, 34%, of people polled by Baltijos Tyrimai said that, in general, the situation in Lithuania was improving, […]
After years of under-investment, a once-comatose Lithuanian army must now learn to walk again, and do so quickly, say high-ranking officials. […]
Growing Lithuanian diaspora communities in countries like Norway and Great Britain offers business opportunities for tax consultancy firms helping Lithuanians abroad with their tax declarations. Incom Tax director Rūta Radziukynienė tells 15min.lt that her firm’s […]
Lithuania’s Prime Minister Algirdas Butkevičius used the occasion of the launch of the government’s annual report to accuse former Prime Minister Andrius Kubilius, former leader and the head of the Christian Democrats – Homeland Union […]
Car sales in Lithuania are growing and has almost reached the levels before the 2008 downturn. In all, 86,000 cars were sold in Lithuania between January and March, 6.3% more than during the same period […]
Prime Minister Algirdas Butkevičius presented a report on the government’s achievements in 2015 to the Lithuanian parliament on Thursday but analysts were highly critical. Analysts said that the report was less about reviewing the government’s […]
Belarus’s new nuclear power plant is rising fast at Astrayvets but Lithuanian analysts have now published a study on the costs of preventing Belarusian electricity flowing through Lithuania. The researchers at Kaunas University of Technology […]
Lithuania’s parliament has approved liberal MP Eligijus Masiulis’ proposal to increase tax-free income thresholds for workers from from €200 a month to the level of the minimum monthly salary which is currently €350 a month. […]
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