Kaunas University of Technology (KTU) and Italian company Gruppo Fos signed a cooperation agreement on for the establishment of a biomedical engineering research centre in Santaka Valley, Kaunas, Invest Lithuania reports. […]
Ministry of Agriculture is seeking to increase advance direct payments from 50 to 70 percent, in order to reduce the impact of the Russian embargo on dairy and meat producers. […]
The Baltic countries will not miss a deadline to apply for EU funding for Rail Baltica if they set up a joint venture for the European-standard gauge railway project in October, a spokesman for the Lithuanian transport minister said on Thursday. […]
The authorities of Hong Kong Special Administrative Region of the People’s Republic of China have officially approved the certificate of importing Lithuanian dairy products, Lithuania’s State Food and Veterinary Service (VMVT) said. […]
Lithuania, often nicknamed the Land of Amber, might launch industrial mining of amber for the first time in the last decade due to disrupted amber import from the Kaliningrad Oblast (Russia). […]
Lithuanian border guards guarding the country’s border in the Baltic Sea and the Curonian Lagoon will have a new ship built for them. It should be launched next year. […]
Unlike some members of the ruling majority, Prime Minister Algirdas Butkevičius does not see any possibilities to introduce VAT exemptions for meat next year. […]
Hamburg-based maker of wind turbines Nordex SE has won a contract to supply a 24-megawatt power-plant project in Lithuania, Bloomberg reports. […]
Prime Minister Algirdas Butkevičius has emphasised that statistic data do not give grounds for concern over the effects of euro adoption on prices. […]
The Lithuanian government aims to achieve a budget surplus in 2016, Prime Minister Algirdas Butkevičius says. […]
Lithuania will likely feel the most severe effects of Russia‘s ban on food imports from the European Union as the country’s ratio of food exports to Russia to GDP is the highest in the bloc, the European Bank for Reconstruction and Development (EBRD) said. […]
Statistics Lithuania reports that, based on non-final data from customs declarations, Intrastat reporting and VAT returns data, exports in July amounted to LTL 7.4 billion (EUR 2.14 billion), while imports to LTL 8.1 billion (EUR 2.34 billion). […]
The Lithuanian Prosecutor General‘s Office has ended its pre-trial investigation into actions of Neil Cooper, the outgoing administrator of the bankrupt bank Snoras, after finding no signs of criminal activity. […]
In general, average income is the single most important factor that determines consumer preferences to spend on public transport or to buy private vehicles. However, lower income cities such as Kuala Lumpur, Vilnius and Athens are among the top ten cities with the highest ratio of passenger car ownership in the world. […]
The Board of Directors of Lithuania’s gas company Lietuvos Dujos accepted the resignation of general manager Viktoras Valentukevičius, the company informs. […]
Prime Minister Algirdas Butkevičius says that active search for new export markets for agricultural and food products continues. […]
On 8 September, a cycle of seminars on the adoption of the euro, which will encompass at least 70 information events scheduled in all 60 municipalities of Lithuania within three months, is going to be launched in Šiauliai, euro.lt informs. […]
Lithuania is asking the European Commission (EC) for 46 million euros to compensate losses sustained by the country due to Russia’s restrictions on food imports, the minister of agriculture has said. […]
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