Rainy weather that has been reported in Lithuania in the past few weeks should not hinder the reconstruction of the runway of the Vilnius International Airport, says Olaf Martens, CEO of the airport. […]
Kaunas Airport is coping with increased traffic as most flights are being diverted from Vilnius to the smaller airport after Lithuania on Friday closed its main airport for the first time in Europe, the airport’s operator said. […]
Lithuanians believe that the most important thing for the start of the business is having enough savings and a great business idea (76 percent), while Latvians view know-how as the most important (73 percent) and Estonians think that the most important thing is an idea and know-how (79 percent), shows a survey of entrepreneurship of residents of the Baltic states conducted by Spinter research (Spinter Surveys) for DNB bank. The survey was published on Thursday. […]
Vilnius Airport, Lithuania’s largest international airport that was built 85 years ago, will be closed for 35 days on Thursday night for runway reconstruction work, with most airlines diverting part of their flights to Kaunas Airport, some 100 kilometers away from the capital. […]
After Lithuanian politicians have reached agreement on reintroducing a reduced VAT rate for district heating, a lower rate will likely start to be applied as soon as this fall, Finance Minister Vilius Šapoka said. […]
Vilnius will be safe from flooding after renovation of the wastewater system – the work has already been started and will be finished within three years, the Lithuanian capital’s Mayor Remigijus Šimašius said after the city was again flooded following a heavy downpour on Tuesday evening. […]
The reduced value-added tax (VAT) rate on heating in Lithuania could be 15 percent, says Parliamentary Speaker Viktoras Pranckietis. […]
Sheikh Abdullah bin Zayed Al Nahyan, the Minister of Foreign Affairs and International Cooperation of the United Arab Emirates, said in Lithuania on Tuesday that the countries should make efforts to step up mutual trade. […]
Hella KGaA Hueck & co., a German manufacturer of lighting technology and electronics products for the automotive industry, and the Lithuanian Kaunas Free Economic Zone have finalized a long term land lease agreement. During the first stage of development up to €30 million investment in a production plant is planned and this will create up to 250 new jobs. Depending on the pace of growth, more investments are expected in the future. […]
Reintroducing a reduced VAT rate on district heating and hot water services may hold back the government’s planned tax reform, Swedbank Lithuania’s chief economist Nerijus Mačiulis warned on Tuesday. […]
The Lithuanian weekly magazine Veidas is set to stop its print edition and plans to develop its website. […]
The Lithuanian Association of Hotels and Restaurants wants the short-term accommodation rental activity to be regulated at the national level, saying that hotel owners are now subject to much more taxes and requirements than apartment owners, the business daily Verslo Žinios reported on Tuesday. […]
An increase in Lithuania’s official emigration rate in the first half of 2017 could be due to living standard inequalities or rising prices and another possible reason is that more people reported their departure this year, experts told BNS. […]
A draft amendment tabled by the Lithuanian Social Democratic Party (LSDP), the Lithuanian Farmers and Greens Union’s junior ruling coalition partner, to reintroduce a reduced VAT rate on district heating and hot water services is “a slap in the face”, Prime Minister Saulius Skvernelis said on Wednesday. […]
The Lithuanian government on Wednesday initiated the process of ratification of an agreement on the development of the European standard-gauge railway Rail Baltica that the three Baltic prime ministers signed in January. […]
Lithuania’s government will ask the parliament to ratify the agreement on expansion of the European-gauge Rail Baltica project signed by the three Baltic prime ministers in January. […]
The new Labour Code came into power on Saturday. It has been criticised strongly by the President, who nevertheless signed it. The initial iteration of the code was passed by the Social Democrats a year […]
Kaunas Airport will be ready for a sharp increase in passenger numbers by mid-July when Vilnius Airport closes for runway reconstruction, Lithuanian Transport Minister Rokas Masiulis said on Tuesday. […]
Lithuania’s much-contested state forest management reform is not a matter of confidence in the government and it will be carried out in one or another way, Prime Minister Saulius Skvernelis said on Tuesday. […]
Edita Janušienė, currently chief auditor at the central Bank of Lithuania, has been selected to head the country’s State Tax Inspectorate (STI) for the next four years. […]
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