Economy Archives - Page 22 of 144 - the Lithuania Tribune

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

September 24, 2018 EN.DELFI 0

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. […]

Lithuania’s budget gets EUR 4 mln of “nobody’s money” after FNTT probes

September 21, 2018 BNS 0

4 million euros, officially recognized as having no owner, have been transferred to the state budget in Lithuania following six probes by the country’s Financial Crime Investigation Service (FNTT), the 15min.lt news website reports on Thursday. […]

Lithuanian govt hopes papal visit will encourage religious tourism

September 20, 2018 BNS 0

Lithuania’s government hopes the upcoming papal visit will encourage religious tourism in the country as around 250 foreign journalists are coming to Lithuania to cover Pope Francis‘ visit. […]

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

September 20, 2018 BNS 0

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

PM to invite European retailers to invest in Lithuania

September 19, 2018 BNS 0

Lithuanian Prime Minister Saulius Skvernelis says he plans to invite 12 European major retail chains to invest in Lithuania. […]

Akmenė awaiting ground-shaking investment

September 19, 2018 BNS 0

Lithuania’s northern district of Akmenė barely lags behind other cities in Šiauliai County in terms of the average salary. But the unemployment level here is one of the highest in the country. […]

Minimum wage may rise to EUR 430 next January – PM

September 18, 2018 BNS 0

Lithuanian Prime Minister Saulius Skvernelis says that, based on updated earnings growth forecasts, the minimum monthly wage may rise to 430 euros next January. […]

Smart Continent LT to assess Vilnius’ attractiveness among investors

September 18, 2018 BNS 0

Smart Continent LT will assess the attractiveness of Vilnius and its five foreign competitors among investors after winning a tender called by Vilnius tourism and business development agency Go Vilnius. […]

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

September 17, 2018 BNS 0

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. […]

Baltics to get more of US attention due to Blackstone investment – experts

September 17, 2018 BNS 0

The decision by a consortium led by private equity funds managed by Blackstone to invest 1 billion euros into Luminor, a Scandinavian bank operating in the Baltic states, should make the US administration pay more attention to the Baltic states, and also attract more investors from this country, political scientists have told BNS Lithuania. […]

Germany’s Hella doesn’t rule out expansion in Lithuania

September 14, 2018 BNS 0

The president of Hella, a German manufacturer of lighting technology and electronics products for the automotive industry, does not rule out creating a research and product development unit in Lithuania in the future, the business daily Verslo Žinios reported on Friday. […]

Germany’s automotive electronics giant Hella opens its Lithuanian plant

September 14, 2018 BNS 0

Hella, a German manufacturer of lighting technology and electronics products for the automotive industry, on Thursday officially opened its new 30-million-euro plant near Lithuania’s second-biggest city of Kaunas. […]

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

September 13, 2018 EN.DELFI 0

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. […]

Government may propose to impose car tax – official

September 12, 2018 BNS 0

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. […]

Lithuania takes first steps toward 5G wireless technology

September 10, 2018 BNS 0

Lithuania’s authorities are taking the first steps to make it possible for mobile operations to start deploying fifth-generation (5G) wireless technology in mid-2022. […]

Lithuanian marathon first ever to reward runners with crypto tokens

September 7, 2018 EN.DELFI 0

15,000 Vilnius marathon participants will get a chance to use Lympo Run, an app which will reward runners with crypto tokens for running, a press release from Lympo states. […]

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

September 7, 2018 EN.DELFI 0

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. […]