SEB bankas
Economy

SEB to invest EUR 16.26 million pension fund assets in Baltic economies

SEB pension fund asset management companies in Latvia, Lithuania and Estonia have teamed up with the leading private equity firm in Baltics BaltCap to invest EUR 16.26 million of pension fund assets in developing Baltic companies through BaltCap Private Equity Fund II (BPEF II), head of corporate communication at SEB Martins Panke informs BC. […]

No Picture
Economy

Russia’s food regulators commend Lithuania for fighting swine fever, but do not intend lifting import ban

Russia admits that Lithuania is the most proactive in the European Union (EU) in fight against African swine fever (ASF). However, Moscow still does not mention any possibility to resume imports of pork from Lithuania. […]

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

Travel agency insolvency affects 900 tourists

Travel agency Go Planet Travel’s insolvency will affect some 900 tourists, but officials are taking steps to resolve the situation, announced the director of the Lithuanian State Tourism Department. […]

Railway
Economy

Lithuania is heading on the right track – China Daily

After the official visit by Deputy Minister of Transport and Communications of the Republic of Lithuania Arijandas Šliupas, aimed on increasing the cooperation with People’s Republic of China, Chinese media evaluated the Lithuanian scope to establish stable, constructive and mutually beneficial business relationship positively, the Ministry of Transport and Communications said. […]