Left to right Julija Giedrimė (Švyturys-Utenos Alus), Rita Čepinskienė (Nasdaq), Tadeusz Podvorski and Jevgenija Krikščiūnė (BTA Baltic Insurance Company), Natalija Piparienė (Sanofi-Aventis Lietuva), Ingrida Žumbakienė (Mondelez Lietuva Production)
Economy

Baltic Salary Survey reveals which Lithuanian companies pay the most equal salaries

“Baltic Salary Survey”, a compensation research company in Lithuania, yesterday for the first time unveiled which companies are paying the most equal wages to their employees, at the “Equal Pay 2018” awards. The winners were announced based on remuneration survey conducted this year, in which 150 organizations from all over Lithuania participated, a press release from Baltic Salary Survey states. […]

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Economy

Lithuanian ESO EUR 200 mln. tender is on it’s way

Preparation for the tender of smart electricity meters by Lithuanian energy distribution system operator Energijos Skirstymo Operatorius (ESO) which is a part of SOE Lietuvos Energija, has received great attention of Lithuanian and international potential producers and suppliers. By implementing a unique public procurement to acquire a smart accounting system (smart meters, information systems for their control and data collection) the Company has invited companies to become familiar with the smart accounting development plans in Lithuania. The event participants were furnished with all detailed information on the public procurement planned: technical specification, procedures and duration were discussed, a press release from ESO states. […]

Economy

Lithuania ahead of Latvia, Poland, but behind Estonia on social progress index

The social environment in Lithuania is better than in Latvia and Poland, but worse than in Estonia, according to a report published on Thursday. […]

Economy

Tax credit brings 25 million-worth of investment to Lithuania – film center

A tax credit has brought in 24.4 million-worth of investment from foreign film makers in Lithuania over the pas four years, specialists from a Belgian consultancy have calculated. […]

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Economy

Vilnius selected as one of 34 World Heritage sites in the EU featured in ‘World Heritage Journeys’ sustainable travel web platform

Coinciding with the European Heritage Days celebrations, UNESCO will launch the first-ever web platform dedicated to World Heritage and sustainable travel. Supported by the European Union, the platform features 34 selected World Heritage sites spread across 19 European Union countries, and has been developed in collaboration with National Geographic, a press release from Go Vilnius states. […]

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Economy

Government may propose to impose car tax – official

The Lithuanian government does not propose to increase the taxation of real estate, at least not for now, but it may ask the Seimas to tax polluting vehicles. […]

Catalyst Award 2018
Economy

Bank of Lithuania – winner of Central Banking’s first Catalyst Award

The Bank of Lithuania has been selected as the winner of the first Catalyst Award in the FinTech & RegTech Global Awards 2018 organised by Central Banking. The award was given and the Bank of Lithuania’s activities in the field of innovation were presented in Singapore, one of the most important global financial centres, the Awards running in unison with the central banks’ global summit focusing on new FinTechs and supervisory challenges, a press release from the Bank of Lithuania states. […]

Economy

Poland’s Orlen says will invest in its Lithuanian crude refinery

Orlen‘s chief executive said on Wednesday that the Polish oil group intends to invest in its Lithuanian crude oil refinery, noting an improvement in relations with Lithuania’s authorities. […]