Lietuvos Geležinkeliai (Lithuanian Railways, LG), the state-run railway company, plans to restructure the group and give up some of the unnecessary property. Mantas Bartuška, the company’s CEO, does not rule out entering the stock exchange in the future. […]
Lithuania’s President Dalia Grybauskaitė has signed the amendments to the Alcohol Control Law, which were adopted by the parliament and triggered heated discussions in the society, thus imposing substantial restrictions on alcohol trade, consumption and advertisements as of 2018. […]
Lithuanian President Dalia Grybauskaitė, who supported the ruling coalition’s plans half a year ago, has changed her opinion and now criticizes the education system overhaul and some other reforms proposed by the government, Gitanas Nausėda, an adviser to SEB Bankas’ president, said on Thursday. […]
“The conducted analysis of the 2016 real estate marked by us revealed that while in the beginning of the year house prices increased by 3 pct. nearing the end of the year the number reached […]
Ramūnas Karbauskis the chairman of the Peasant and Green Union has a vision: that in the future there will be no need in Lithuania for a Labour Code, and the employers and employees will discuss […]
Some of Lithuania’s enterprises of strategic importance employ some people whose reliability gives cause for concern and nepotism flourishes in them, the chairman of the Seimas Committee on National Security and Defense said on Wednesday, underlining the need for streamlining the recruitment and decision-making procedures at such companies. […]
The Vilnius Regional Environmental Protection Department has turned to court with a claim for compensation of 630,000 euros in damage caused by the December 2016 sewage spill in central Vilnius, which resulted in spillage of 46,000 cubic meters of untreated wastewater into the River Neris. […]
After closing the route to Moscow, Lietuvos Geležinkeliai (Lithuanian Railways, LG), the state-run railway company, plans on launching a passenger train to the Latvian city of Daugavpils. The company’s spokesman said LG was ready but had to wait for the final approval from Latvian railways. […]
The spending of Lithuanian household on main consumer goods declined in May, while Latvia and Estonia reported growth, shows an index of household spending published by the research company Baltic Market Insights (Baltmi). […]
After Lithuania’s parliament on Tuesday improved the new Labour Code to take effect in July, no changes are expected in the sense of flexibility of labour relations, economists say, adding that the initial ambitious plans of liberalizing labour relations has been downgraded into a reflection of the actual situation on the labour market. […]
The Lithuanian parliament on Tuesday passed amendments to the country’s new Labour Code, which was adopted last year but will come into force in July. […]
The Lithuanian president’s office sees no major drawbacks in the government’s proposed tax changes aimed at increasing the poorest people’s income and expects constructive discussions on the plan, an advisor to President Dalia Grybauskaitė said on Tuesday. […]
The Lithuanian parliament on Tuesday is to take a final vote on the Tripartite Council-approved amendments to the new Labour Code, which is expected to come into force in July. […]
Lithuania’s richest man Nerijus Numavičius, who has lived in London since June 2015, will declare his 2016 income and pay taxes for the year solely in the United Kingdom. […]
According to, economist Raimondas Kuodis, it would appear that the Government lead by Saulius Skvernelis has forgotten the election promises made by the Peasant and Green Union. “There was a lot set out to achieve. […]
The EU-Canada Comprehensive Economic and Trade Agreement (CETA) approved by the Lithuanian parliament last week and due to be ratified in July will consolidate Lithuania’s relations with Canada and reduce trade and investment obstacles, says Foreign Minister Linas Linkevičius. […]
Happy winners: At the awards ceremony on 31 May in the Art Factory „LOFTAS“ in Vilnius, Aedilis UAB won the German-Lithuanian Business Award. The company also won the online voting against their competitors. […]
In preparation for the reconstruction of the aircraft runways in Vilnius airport beginning in a month and a half, pilots are being forewarned about temporary changes. Thus, it is foreseen that for two weeks’ time […]
The Lithuanian government plans to earmark an additional 500 million euros in next year’s budget for pensions, children and poverty reduction, with more than 4 billion euros to be allocated for this purpose in total, Prime Minister Saulius Skvernelis said on Friday. […]
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