Starting in January, 330 post offices across the country will exchange cash litas to euros free of charge for a period of 60 days. To handle the extra workload, Lithuania Post will hire 75 employees throughout the country, the company said. […]
The North East Atlantic Fisheries Commission (NEAFC) is responsible for the detention of a Lithuanian fishing vessel, the Jūros Vilkas (Sea Wolf), in Russia and should be required to compensate the losses involved, Lithuania’s foreign minister believes. […]
Invalda LT, one of the leading companies in Lithuania investing in other businesses and managing assets, together with partners has signed the Finasta group Share Purchase Agreement. […]
On 14 November 2014, Santaka Valley KTU Science and Technology Centre and Technological Business Incubator will open. KTU Santaka Valley is one of the most important objects strengthening the image of Kaunas as business and investment-friendly city. KTU Santaka Valley will strive to become one of the important pillars for local and national economy. […]
The first decade in the European Union has been good for Lithuania. There is still much to be done, however, if Lithuanians want make full use of their EU membership in the years to come. […]
Minister of Agriculture Virginija Baltraitienė has referred to the new European Commissioner for the Environment, Maritime Affairs and Fisheries seeking for the North East Atlantic Fisheries Commission (NEAFC) to take responsibility for the detention of Lithuanian fishing vessel Jūros Vilkas (Sea Wolf). […]
Competition. The small Eastern European country strongly believes that technology and science will attract foreign companies, rather than just low wages, according to the Danish daily Berlingske. […]
In two years Lithuanian business and science projects may be funded EUR 2 million under the European Space Agency (ESA) programmes. Business and science representatives are invited to submit applications by 8 December in the first call for proposals dedicated to Lithuania. […]
Vilnius Mayor Artūras Zuokas has announced about the construction of Vilnius Tech Park, a hub for startups and other businesses engaged in the ICT industry, Vilnius Municipality’s press service said. […]
After analysing the results of financial (regularity) audits completed in 2014, the National Audit Office summed up the most common errors and irregularities made in the public sector. […]
Compared to September, Lithuanian residents are slightly more optimistic about the outlook for the coming 12 months regarding changes in unemployment level, the country’s economic situation and their household financial situation. […]
Statistics Lithuania informs that, based on provisional data, in September 2014, the turnover (VAT excluded) of retail trade enterprises amounted to LTL 2.5373 billion (EUR 734.9 million); against August, it decreased 6.4 percent at constant prices (seasonally adjusted – increased by 0.2 percent). […]
A Russian court on Friday adjourned the hearing of the case of Lithuanian fishing vessel Jūros Vilkas (Sea Wolf) detained by Russia in September, the owner’s lawyer Vladimir Odiagailo told BNS on Friday. They case will be heard again in a month. […]
After the resignation of Arvydas Arnašius, the Ministry of Economy is looking for a new director to head the non-profit organisation Invest Lithuania. […]
Specialists, meat processors, representatives of Muslim and Jewish religious groups discussed additional laws needed for the implementation of the law on ritual slaughter of animals that was recently passed by the Lithuanian parliament. […]
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