Lithuanian charter airline Small Planet Airlines’ decision to restructure its main company in Lithuania should not affect tourists’ plans, the country’s Tourism Department says as tour operators working with this air company have alternatives. […]
Lithuania’s Port of Klaipėda has put ship traffic restrictions in place due to strong winds, its spokeswoman Dovilė Ringis said. […]
Lithuania will incur an additional burden related to the registration of medicines after Great Britain leaves the European Union. […]
Lithuania has received 1.6 million euros in funding from the European Union for the promotion of Lithuanian mead and sparkling wine in China and the United States as the EU wants to promote European food products in Europe and the world. […]
Lithuania’s State Food and Veterinary Service has received four complaints over this week on needles found in foodstuffs. […]
In response to criticism from Vygaudas Ušackas over pension cuts, Ingrida Šimonytė reminded her opponent in a presidential primary debate that they both served as ministers in Prime Minister Andrius Kubilius‘ 2008-2012 government. […]
Lithuania creates one of the most favourable conditions in the European Union for the activities of the investment funds. The Government approved draft laws regulating the activities of collective investment undertakings (CIUs) aimed to reduce the administrative burden on investment funds and to create more favourable conditions for their activities, and, therefore – more business financing alternatives and investment opportunities in our country, a press release from the Lithuanian Finance Ministry states. […]
The Lithuanian State Border Guard Service (VSAT) has warned of possible temporary traffic restrictions at the Medininkai checkpoint on Thursday and Friday due to road repairs in Belarus on the other side of the border. […]
The recent money laundering story involving banks operating in the Baltic states has a negative impact on the reputation of the whole region’s banking sector, says Vitas Vasiliauskas, board chairman of the Bank of Lithuania. […]
Lithuanian economy will slow slightly next year but the country will have an accumulated reserve of 1.5 billion euros late next year to be used in times of financial difficulties, Finance Minister Vilius Šapoka says. […]
Lithuania’s government on Tuesday backed the bill on the 2019 state and municipal budget with a 0.4 percent GDP of public finances. […]
Lithuania’s draft 2019 budget projects higher revenue and expenditures and a larger deficit than this year’s plan. […]
More and more people are becoming familiar with and are acquiring bitcoins from their friends or acquaintances, while speculating on the stock exchange, through mining or performing other tasks or operations on the internet or otherwise. In fact, the process of earning money would not get people hooked if they did not have the opportunity to spend them. The first bitcoin owners did not have the freedom of choice when it came to using bitcoins as money but today there are much more opportunities to do so, a press release from varle.lt states. […]
Estonia’s authentication and electronic signature solutions company SK ID Solutions is setting up a unit in Vilnius amid signals that regulatory changes might be in the pipeline in Lithuania, the business daily Verslo Žinios reported on Thursday. […]
There are more than a dozen different jobs in the IT sector and a future professional is faced with a rather difficult task of selecting a desirable job. People with sufficient amount of knowledge and experience in this field can easily find a well-paid job with different benefits in the most attractive companies in Lithuania. Staff experts believe that they will continue to enjoy the great prospects, but also note that only those willing and ready to put effort will reach their career heights, a press release from Forbis states. […]
There are numerous startups, which already attracted impressive amounts of investments. Unfortunately, no Lithuanian startup has grown to the “unicorn” – a young business valued at more than a billion-dollars. Israeli web development platform Wix.com director in Lithuania Monika Laukaitė has an idea of how to grow a Lithuanian unicorn. […]
During the nine months of this year, air traffic controllers handled 204.2 thousand flights in the Lithuanian airspace, i.e. by 10 per cent more flights, compared to the same period last year. Overflights accounted for three fourths (155 thousand) of the total number of flights. Compared to the same period last year, the number of overflights increased by 9.7 per cent. Taking into account the considerable growth of flight number, Oro Navigacija is considering measures for enhancing the airspace capacity, a press release from the state enterprise states. […]
Smart Energy Fund powered by Lietuvos Energija, managed by Contrarian Ventures invests EUR 250 thousand into the Lithuanian PVcase that will automate the designing of solar power plants. It is expected that the technology developed by the start-up will enable to significantly shorten up some designing stages of solar power plants and this way reduce designing expenses even more, a press release from Lietuvos Energija states. […]
Today, 03th of October, European Parliament voted in favour of the motion for a resolution on distributed ledger technologies and blockchains: building trust with disintermediation. All political group members supported the resolution, which sends a positive message that politicians see this technology as benefiting Europe, a press release from MEP Antanas Guoga‘s office states. […]
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