The North East Atlantic Fisheries Commission, accountable to the European Commission, might be to blame for the detention of a Lithuanian fishing vessel in Russia as it failed to provide in time information about changes in the boundaries of Russia’s special economic zone, Lithuania’s Ministry of Agriculture said on Thursday. […]
Vilnius will connect to USA through Reykjavik for the first time in June when Wow Air launches its new Vilnius route on 13 June 2015. […]
Lithuania’s real economy is experiencing a state similar to that of an airplane passenger who was warned by the pilot about upcoming turbulence – the feeling is definitely not the best, yet there is no need for an oxygen mask, says financial analyst Gitanas Nausėda, advisor to the SEB bank president. […]
Ahlstrom, a high performance fiber-based materials company, inaugurated its Service Centre in Vilnius, Lithuania. […]
Lietuvos Dujos (Lithuanian Gas), the country’s main natural gas company, removed Mantas Mikalajūnas from office of the general manager as of 3 November. […]
On 28 October, representatives from the Baltic States signed a landmark agreement which will launch the project Rail Baltica and bring the Baltic region closer to Western Europe. […]
The second shipment of euro banknotes was delivered to Lithuania on Wednesday. […]
Financial (regularity) audits for the year 2013 carried out by the National Audit Office assessed whether decisions in particular public investment areas are always implemented at the lowest cost and meet the needs of the society, the audit office reports. […]
“Air Lituanica is already known name to Swedish aviators. A flight to the capital is always “a diamond in the crown”, after all, Stockholm and the surrounding region have the largest concentration of people, business, cultural and historical objects,” Eitvydas Bajarūnas, Lithuania’s ambassador to Sweden, welcomed the new route, Air Lituanica reports. […]
On the list of Doing Business 2015, a World Bank Group flagship report which was released this Wednesday, Lithuania remains as one of the most favourably assessed countries in the world in terms of starting a business. […]
Due to strong demand on its Vilnius route, Turkish Airlines increases its capacity by offering a direct service between Vilnius and Istanbul. […]
Lithuanian Ministry of Transport and Communications has prepared the New Generation Access Network Plan for 2014-2020, which will provide the basic new generation broadband infrastructure in areas where no adequate broadband infrastructure was available before, the ministry said in a report. […]
The three largest banks operating in Lithuania – SEB bank, Swedbank and DNB bank – have very solid capital buffers and assess risks conservatively enough. This became clear after the European Central Bank (ECB), in cooperation with the Bank of Lithuania, inspected the asset quality of the three commercial banks and performed stress testing, the country’s central bank said in a report on 26 October. […]
Residents of Lithuania are more worried about growing prices after the euro adoption than Latvians and Estonians were. […]
The Lithuanian Mint will launch a series of copies of golden coins from the times of the Grand Duchy of Lithuania in November. […]
The European Central Bank (ECB) has set minimum reserve requirements for banks in Lithuania, the Bank said on Friday. […]
Access to nearly all Lithuania’s seaside beaches will become subject to a fee next spring. Visitors will have to pay fares between 0.5 and 1 euro to get to the seaside, the Lietuvos Žinios daily reports on Friday. […]
The Creditor’s Committee set the minimum selling price and the sale method of the Finasta Banking Group, and authorized the Snoras Bank bankruptcy administrator to complete negotiations with the investor which had submitted the best offer, namely the consortium led by investment company Invalda LT. Nevertheless, the acquisition is still to be approved by the Competition Council. […]
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