Vilnius
Economy

Vilnius posts 8 pct growth to 0.53 mln in H1 tourist numbers

The Lithuanian capital saw the number of visitors rise by 8 percent in the first half of 2018 from a year earlier and the total number of overnight stays grow by 6.5 percent to almost a million, Go Vilnius, the city’s tourism and business development and agency, said. […]

Economy

Economy minister sees labor immigrants as good sign for Lithuania

Economy Minister Virginijus Sinkevičius believes that Lithuania benefits from labor immigration, saying that Ukrainians and other foreigners who come to work to the country are not driving down local wages. […]

HELLA factory in Kaunas FEZ
Economy

HELLA officially started their production in Kaunas Free Economic Zone: the first shipment for customers was prepared in record time

German giant HELLA announced about the construction of its plant at the Kaunas Free Economic Zone just 10 months ago. Now, it can already celebrate its first shipment and the team of almost seventy employees, which managed to implement the most optimistic start-up plan for HELLA Lithuania in record time, a press release from the Kaunas FEZ states. […]

Vendors at the Pilies Str in Vilnius / E. Genys photo
Economy

Lithuanian souvenirs’ vendors about the tourists’ habits

Tourists are calculating even when buying wooden souvenirs for only a Euro; and if they bought a lot before, they are now spending only 5-10 Euros according to the street souvenir vendors at the Pilies street in Vilnius. […]

Economy

Probe in Lithuania finds no “drastic” EU differences in prices of non-food goods

A price comparison probe by Lithuania’s Justice Ministry and the State Consumer Rights Protection Authority (SCRPA) has found no “drastic” differences in the prices of non-food goods in Lithuania and other EU countries. […]