Oystein Moan, the manager of the Norwegian Visma Group with about 100 programmers in Lithuania, forecasts that in the near future more services centres of international companies and also foreign companies particularly from the Nordic countries will be established in Lithuania, as labour force costs there are huge and good IT specialists are hard to find. […]
After the Malaysian airliner MN17 was shot down in Eastern Ukraine in mid-July, the number of flights across the Lithuanian air-space has increased, says the head of the country’s Civil Aviation Administration. […]
Because of the euro adoption in Lithuania, it has been proposed to regulate procedures related to alternating the authorised capital, the nominal value of securities and the articles of association for already founded companies. […]
In accordance to the third payout plan approved by Vilnius Regional Court, Snoras Bank bankruptcy administrator has paid out LTL 750 million (EUR 217 million) to secondary creditor, state company Deposit and Investment Insurance. After the transaction, primary and secondary creditors of Snoras will have received a total of LTL 1.7 billion (EUR 487 million). […]
Antanas Ivanauskas is to become the director general of the State Enterprise Lithuanian Inland Waterways Authority from 18 August. […]
Lithuania and other Eastern European economies with close links with Russia could be seriously affected by a slowdown in the Russian economy or the sanctions imposed by the West against Moscow, analysts of the International Monetary Fund (IMF) have said. […]
Prosecutors of Panevėžys County Prosecutor’s Office continue a pre-trial investigation into the outbreak of African swine fever (ASF) in a farm complex in Ignalina region. The investigation seeks to find out if livestock were infected on purpose. […]
Gitanas Nausėda, advisor to the president of SEB Bank, claims that a slowdown in the Russian economy, triggered by various EU and US sanctions, will affect Lithuanian exports which are retail-oriented. […]
The Lithuanian government will require that all cargo handlers provide preliminary information about cargo carried by rail to the territory of the Customs Union, the Customs Department said. […]
Indicated milk price in the European market decreased even more, it is the lowest it has been for 18 months. On 31 July, milk price stood at LTL 1,19 (EUR 0,35) per 1 kilogram. It is by LTL 0.03 (EUR 0.01) less than one week ago. […]
The aggregate throughput of Klaipėda Port and at Būtingė Terminal in January-June 2014 totalled 21,1 million tons of seaborne cargo: 3,3m tons were handled at Būtingė Terminal (the year-on-year change was -24,7 percent or -1 085,5 thousand tons) and 17,8m tons were handled in Klaipėda Seaport (the year-on-year change was +2,9 percent or +494,0m tona), Port of Klaipėda informs. […]
The management of Orlen Lietuva (Orlen Lithuania) and the oil company’s trade union on Friday reached an agreement on the key items of the collective agreement, which will stipulate that workers of the oil refinery will be rewarded for performance, but the incentives will also be tied to the performance of the company as a whole. […]
On 1 August, Panevėžio Statybos Trestas AB, a Lithuanian construction company, is starting reorganisation and establishing branches. […]
A Spanish laboratory has confirmed that pigs on a large farm in eastern Lithuania were infected with the African Swine Fever (ASF) virus, which came from Russia and Belarus. […]
According to Minister of Finance Rimantas Šadžius, the government is not going to specifically regulate prices after the adoption of the euro, since this will be done by the free market. […]
Lithuania’s Minister of Agriculture Virginija Baltraitienė has not only to decide how to prevent the worst effects of African swine fever in the country, but also to plan the future of the Lithuanian agriculture. […]
As African swine fever (ASF) is spreading, Lithuania does not plan to forbid rearing these animals, says Minister of Agriculture Virginija Baltraitienė. […]
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