Economy

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Economy

Proposals on air quality: maximum odour concentration in air to be reduced

January 22, 2019 Media Briefing 0

In order to improve air quality and reduce discomfort for those residing near industry, manufacturing and other objects, which could release sharp odours, it has been proposed to adjust the maximum permitted odour concentration in the air. Related institutions have been handed the legislative projects intended to do so, pending proposals and opinions, a Ministry of Healthcare press release states according to lrt.lt. […]

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Economy

Welcome to Vilnius workshops to support foreign talent relocating to Lithuania’s capital

January 17, 2019 EN.DELFI 0

This Tuesday Vilnius’ business development and tourism agency Go Vilnius at the Workland Business Centre announced a series of dedicated workshops slated to begin taking place later this month. The Welcome to Vilnius workshops are designed to facilitate the transition of foreigners coming to the city to pursue professional opportunities. In just a few hours, workshop participants will receive invaluable information to help them navigate bureaucracy, settle into day-to-day life, and ultimately, become a local. The workshops will also give participants an opportunity to ask a team of experts specific questions, take part in a tour of Vilnius and meet other foreigners, a press release from Go Vilnius states. […]

Film “Owl Mountain” by Audrius Juzėnas
Economy

2018 was marked as the best year for Lithuanian cinema market after the restoration of independence

January 17, 2019 EN.DELFI 0

The Lithuanian film centre have summarized the local box office results – in 2018 distribution reached a remarkable increase and hit all the records, a press release from the Lithuanian Film Centre states. […]

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Economy

Icelandic payment entrepreneurs establish HQ in Vilnius

January 11, 2019 EN.DELFI 0

Paystra, a fintech company founded and financed by Icelandic payments experts, providing payment services, is establishing its headquarters in Vilnius, Lithuania, and plans to build a team of 30 professionals over the next two years. The company, led by two payment market veterans, will develop and deploy state-of-the-art electronic payment solutions for European merchants, a press release from Invest Lithuania states. […]

Economy

Food prices to be announced on official website in Lithuania: ministry

January 3, 2019 Xinhua 0

Prices of main food products in five largest Lithuania’s retail chains will be regularly announced on an official website in order to give shoppers better understanding about general price level, Lithuania’s Ministry of Agriculture announced on Wednesday. […]

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Economy

Retirement pension rises 7%

January 2, 2019 Media Briefing 0

With January arriving, pensioners will see an increase to their pensions. Some of them will have their pensions delivered not by Lithuanian Post staff, but new pension carriers. Changes also await those enrolled in pension funds. All those enrolled will be making payments from their wage, while those unwilling to participate in the pension accumulation system will have the right to opt out within half a year, lrt.lt writes. […]

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Economy

Lithuania no longer cheap country as regards food: official price probe

December 21, 2018 Xinhua 0

Lithuania is no longer a cheap country as regards food prices, Irma Gudžiūnaitė, Lithuania’s vice minister of justice, said on Thursday while presenting results of a comparison-based analysis of food prices in 12 different EU member states. […]

Economy

Christmas shopping marathon gathers momentum: how do stores prepare?

December 20, 2018 Media Briefing 0

While we are being taught to purchase gifts as early as possible and the late November Black Friday should help in distributing holiday shopper numbers, many of us still leave Christmas shopping to the last minute. Retailers interviewed by lrt.lt have observed this and note that they even hire extra staff for the Christmas period and change work schedules just so they can service the influx of customers, lrt.lt writes. […]

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Economy

Lithuanian start-ups attracted EUR 70 million in investments in 2018, further breakthrough will be determined by environment improvement

December 17, 2018 EN.DELFI 0

In 2018, the Lithuanian startup community achieved the record-breaking results, i.e. attracted EUR 70 million in investments from abroad and Lithuanian investment funds. At the same time a legal basis for a better business environment was being developed for innovative Lithuanian business, what will determine a more significant breakthrough of the Lithuanian startup ecosystem next year, a press release from Startup Lithuania states. […]