Russian authorities have considerably slowed down the traffic of automobiles with Lithuanian license plates to the Kaliningrad region, while cars with Russian license plates enjoy unimpeded entry, the Lithuanian State Border Guard Service said on Saturday. […]
In her opening speech at the Swedish Business Awards ceremony today, Lithuanian President Dalia Grybauskaitė said that socially sensitive Nordic business ethics have created counterbalance in Lithuania to the corrupt business methods which came from the East. […]
Research and development (R&D) expenditure in Lithuania was among the lowest across the European Union (EU) in 2013, data from Eurostat shows. […]
On 31 December, the last day of 2014, interbank payments in the litas will be carried out only until 1 PM – at that time execution of payments will be stopped in the Bank of Lithuania systems that are used by banks. Interbank payment orders for the same day operations will be accepted until 12 PM 31 December. […]
According to Statistics Lithuania, based on the harmonised index of consumer prices (HICP), the monthly inflation calculated for November and compared to October is likely to stand at 0 percent. […]
Lithuanian employers have quite different expectations from students and graduates when hiring and getting hired, shows a poll published on Wednesday. […]
As yet another tourism company unexpectedly terminated its activities on Friday, Lithuanian President Dalia Grybauskaitė says that the State Tourism Department (VTD) has not learned from its mistakes of the past, while the competence of the institution’s heads is very questionable. […]
Despite Russia’s embargo and the complicated situation in top export markets, Lithuanian economic growth in 2014 will be among the fastest in the EU member states. […]
Lithuania’s 2015 budget bill does not contravene the Law on Fiscal Discipline, Prime Minister Algirdas Butkevičius insists. […]
On Monday evening, Polish Business Awards were handed out for the third time in Lithuania. The awards are organised by the Trade and Investment Promotion Section of the Polish Embassy. […]
The Arbitration Institute of the Stockholm Chamber of Commerce heard a dispute between Air Lituanica and Estonian Air regarding unilateral termination of commercial co-operation agreement. […]
The growth of expenses projected in Lithuania’s 2015 budget bill contravenes the Law on Fiscal Discipline and the expected growth of tax revenue is overly optimistic, the National Audit Office said in conclusions published on Monday. […]
This October, Klaipėda Port cargo turnover has grown 24.3 percent: total of 3,652.8 thousand tons (including LNG, 48.6 thousand tons) were handled, i.e., 713.6 thousand tons more than in October 2013, the Port of Klaipėda said in a statement. […]
As data for the 3rd quarter of the current year show, 51 percent of incoming international items originate from China. All in all, Lithuania Post has received and dispatched 12 million items during the period. […]
Investors’ confidence in Lithuania’s business climate has been growing throughout the year, as well as in the last quarter, when Eastern Europe was shaken by instabilities, an Investor Confidence Index for Lithuania by Investors’ Forum has showed. […]
Sixty-three credit unions operating under the Lithuanian Central Credit Union (Lietuvos Centrinė Kredito Unija – LCKU) earned LTL 183,000 (EUR 53,000) in profit in the first three quarters of 2014. In the first three quarters of 2013 they recorded a LTL 5.5 million (EUR 1.6 million) loss. […]
The Lithuanian State Tourism Department on Friday suspended the license of Fresh Travel after the travel agency, operating under the brand Plius Travel, had informed the authority that it was unable to meet its obligations. […]
A Lithuanian court has ordered Estonian-registered Viasat, the largest digital satellite TV operator in the Baltics, to pay a total of 7.45 million litas (EUR 2.2m) to three copyright associations for illegal retransmission of programs produced by other broadcasters, including TV3, LNK and the BBC. […]
Air Lituanica, the Lithuanian airline company, and airBaltic will co-operate on the Vilnius-Amsterdam route. Flights from Vilnius International Airport will be operated eight times a week, i.e., daily, with two flights – morning and evening – on Sunday, Air Lituanica informs. […]
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