Economy

Industrial production down 1.1 percent in EU, up 1.6 percent in Lithuania

In May 2014, compared with April 2014, seasonally adjusted industrial production1 fell by 1.1 percent in both the euro area and the European Union, according to estimates from Eurostat, the statistical office of the European Union. […]

Laurynas Mazeliauskas and Žilvinas Kuprėnas
Economy

Reviving old vinyls for new life proved great business idea

The Beatles vinyl records which are not used to play music anymore can be taught to tell the time – the idea two Lithuanian entrepreneurs, 27-year-old Laurynas Mazeliauskas and 22-year-old Žilvinas Kuprėnas, have proven business-viable. The founders of Crop Shop who are making original clocks from old vinyl records say that they are going to conquer the world as their ideas are becoming more and more attractive to customers not only in Lithuania but in foreign countries as well. […]

No Picture
Economy

Baltics prepare for joint purchase of tuberculosis vaccine

Lithuanian institutions are making final arrangements for the Baltic states’ joint tender to purchase a tuberculosis vaccine for newborns. […]

Advertising
Economy

Advertising market in Lithuania up 6.2%

Based on data provided by social and media research company TNS LT, in January-May 2014 compared with the same period in 2013, total advertising volume in Lithuania increased by 6.2 percent. This year outdoor, cinema, radio and television advertising increased the most. […]