Lithuania should overcome Latvia in the competition battle for Chinese companies’ investments in transport and logistics sector, Lithuania’s Prime Minister Saulius Skvernelis said after meting with China’s Parliamentary Speaker Zhang Dejiang in Vilnius on Friday. […]
The new Labour Code, which liberalizes labor relations and was approved during the parliament’s last term but postponed by the new parliament for six months, will take effect in July with the amendments, which have already been decided by the Trilateral Council, Prime Minister Saulius Skvernelis says. […]
Ričardas Baltaduonis, former director of lrytas.lt news portal, has taken the helm of Adnet Media advertisement network for the Baltic states as of Monday, delfi.lt news portal said. […]
Lithuanian Economy Minister Mindaugas Sinkevičius, who is running for leader of the Lithuanian Social Democratic Party (LSDP), proposes to introduce gender quotas for currently male-dominated management boards at state-owned and municipal companies. […]
Lithuanian politicians say that higher wages may stop Lithuanians from leaving their country, but businesses argue that such steps as revamping the education and tax systems and cutting back on the state bureaucracy might put emigration on a declining patch, the business daily Verslo Žinios reported on Thursday. […]
Lithuania’s general government budget balance last year moved into positive territory for the first time in 26 years and Finance Minister Vilius Šapoka says that a budget surplus is possible in the future too. […]
The Lithuanian government on Wednesday approved in principle proposals that call for further restricting the hours of sale of alcohol and banning alcohol advertising. Prime Minister Saulius Skvernelis says that the government managed to reach a compromise. […]
Lithuania has secured its positions in China as an attractive tourist destination. The advertising campaign conducted by the State Department of Tourism in the greatest Chinese travel platform CTRIP and the most popular social networks WeChat and Weibo has resulted in an increase in the sales of trips to Lithuania even by 169 per cent! […]
Lithuania has to be proactive in competing with Russian ports for cargoes, Prime Minister Saulius Skvernelis said on Tuesday morning. […]
Vilniaus Energija (Vilnius Energy), a local subsidiary of France’s Veolia, has handed over the Lithuanian capital’s heating grid to Vilniaus Šilumos Tinklai (Vilnius Heating Grid, or VST), a municipal company, after its 15-year lease on the assets expired on Wednesday. […]
Lithuania’s Financial Crime Investigation Service on Tuesday conducted searches in the premises of Irdaiva, one of the country’s largest construction companies, as part of the probe of fraud suspicions in public procurement deals. Irdaiva’s CEO and sole owner Irmantas Kubilius has been detained. […]
Latvia’s Air Baltic is starting to fly passengers between Vilnius and Munich, Germany, on Monday. […]
The Lithuanian energy market regulator has slapped the district hearing supplier Vilniaus Energija (Vilnius Energija) with the maximum possible fine of 1.307 million euros for unjustified price increases between 2012 and 2014. […]
State-owned Lietuvos Geležinkeliai (Lithuanian Railways, or LG) expects to transport China Merchants Group‘s freight from a 280-million-euro industrial park under construction in Belarus’ capital of Minsk. […]
In an effort to facilitate the entry of skilled foreign labour into Lithuania, the government on Wednesday recognized professional experience as an alternative to higher education qualifications. […]
Enforcement of Lithuania’s new Labour Code liberalizing the labor relations will not be postponed again, says Prime Minister Saulius Skvernelis, adding that the document will take effect in July. […]
Swedish media group MTG‘s decision to sell its Baltic business, including Lithuania’s television group TV3, to US-based Providence Equity Partners will allow maintaining Western business traditions in the media market, a Lithuanian communication and media expert said. […]
At a meeting with Lithuanian business figures on Tuesday, Prime Minister Saulius Skvernelis presented the idea of allowing payment for alcohol by bank cards only, 15min.lt news portal said. […]
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