
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. […]


Lithuania may appeal to Brussels over new Russian food cargo requirements
Lithuania may have to consult with the European Commission (EC) about new Russia’s requirements for the transportation of food products through Lithuania. […]


Most new economic entities registered in Vilnius district
In the first half of 2014, a total of 6,998 economic entities were registered in Lithuania, or a 0.2 percent increase year-on-year. […]


Lithuanian MP proposes to allow charging all tourists
It has been proposed to introduce local charge not only in Lithuanian resorts, but also in other municipalities. […]


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. […]




Gas price for Achema to be included in negotiations with Gazprom
The Lithuanian Government will aim at negotiating a more favourable natural gas price for Achema: a negotiating group will include the issue of Achema in negotiations with Gazprom over the price for natural gas imported from 2016, says Prime Minister Algirdas Butkevičius. […]


Lithuania, Israel could trade in gas – President
Israel could supply gas to Lithuania in the future, Lithuanian President Dalia Grybauskaitė said during a meeting with Israeli businessmen in Vilnius on Tuesday. […]


Three Lithuania’s international airports merged
From 1 July State Enterprise (SE) Kaunas Airport and SE Palanga International Airport will be merged into SE Vilnius International Airport, with SE Vilnius International Airport as the surviving entity taking over rights, obligations and contracts of SE Kaunas Airport and SE Palanga International Airport. […]


Agreement on Rail Baltica – too little to be joyful about?
The three Baltic States reached consensus on the inclusion of Vilnius into the European rail gauge Rail Baltica 2 but it does not yet guarantee that it will be implemented or that European funds will be available for the project. Professor and economist Ramūnas Vilpišauskas says that the current wording implies that the issue is simply postponed until a later date. […]


Closer relations with China will give Lithuanian Post new development opportunities
The state-owned Public Limited Company Lietuvos paštas has signed a cooperation agreement with S.F. Express, one of the largest courier service providers in China. On the grounds of the agreement, the companies will cooperate in the field of items delivery from China to Europe, the EU member states, as well as Russia and Belarus. […]


Retailers prepare for euro transition
One of the biggest challenges for retailers ahead of the euro transition will be ensuring that they have enough cash, said a Bank of Lithuania representative at a meeting with retail owners earlier this month in Kaunas. […]