The virtual factory of electric elements for US electric car manufacturer Tesla built by Lithuanians shows that the Baltic state features talented specialists, and the name of Lithuania was put on the map after the US company noticed their work, says businessman Vladas Lašas. […]
Acting on a tip-off about possible lack of transparency in the tender for contractor for reconstruction of the Vilnius Concert and Sports Palace, Lithuania’s Property Bank has terminated talks with the winner – the consortium of Irdaiva construction company. Documents available to BNS show that a member of the tender panel was employed both at the Property Bank and the company, which could have influenced the results of the tender. […]
Tense geopolitical situation in the European Union over Brexit, refugee crisis and security matters may after 2020 reduce the European support to the European-gauge railway project Rail Baltica estimated at billions of euros, Baiba Rubesa, board chairperson of the joint Baltic enterprise, has said in Vilnius. […]
A growing economy not only strengthens a country‘s image abroad, but also means better living conditions for its people. Lithuanian economists predict that this year the Lithuanian economy will grow far more rapidly than last year. Exports, however, will not be the main factor of this. […]
The Lithuanian government plans to distribute state-owned companies’ support for sports, culture and arts through a special fund in the future, Prime Minister Saulius Skvernelis said on Thursday. […]
Teo, Omnitel and Baltic Data Center become one company – Telia Lietuva on February 1. The first integrated telecommunications company in Lithuania will provide telecommunications, IT and TV services as a one-stop shop, Telia announced in a press release. […]
Macaw, an award-winning employer and digital solution provider, has selected Vilnius as the location for its first office outside the Netherlands. In establishing a company in Vilnius, Macaw plans to grow exponentially and recruit highly talented information technology specialists who will develop Microsoft and Sitecore based solutions for international customers. […]
Lithuania’s Prime Minister Saulius Skvernelis is going to Tallinn on Monday to meet with the country’s leaders and sign the agreement on European-gauge Rail Baltica railway. […]
Lithuania plans to sign in late January an agreement with Latvia and Estonia on the development of the European standard-gauge railway Rail Baltica. […]
Lithuanian President Dalia Grybauskaitė thinks that problems regarding government-subsidized medicines have been “maliciously ignored” until now and that this issue will be a test of confidence for the country’ new Health Minister Aurelijus Veryga. […]
Invest Lithuania, the government’s foreign investment promotion agency, will look at how to attract local and foreign investors to the district of Šalčininkai, in the southeastern part of the country, Prime Minister Saulius Skvernelis said on Friday. […]
Lithuanian customs officers busted a Scania truck carrying 1.4 million euros worth of smuggled cigarettes in Kaunas in early hours of Wednesday. […]
Representatives of the Lithuanian tourism business lack information about airlines’ plans to fly passengers during the summer reconstruction of the Vilnius airport, which is expected to pull down the number of travelers in Lithuania by 40 percent and lead to higher prices of trips. […]
Lithuania tops the list of the world’s developing nations in terms of inclusive economic growth, according to the Inclusive Growth and Development Report published by the World Economic Forum for the first time. […]
The Lithuanians government wants to look into the details of the Rail Baltic project before signing interstate agreements on the European standard-gauge railway, Transport Minister Rokas Masiulis said. […]
Other countries view Belarus’ Astravyets nuclear power plant project through an economic lens, Lithuanian Prime Minister Saulius Skvernelis said on Tuesday, commenting on the Latvian foreign minister’s words that his country is not considering restricting electricity imports from the facility under construction just 50 kilometers from Vilnius. […]
Lithuanian companies selling mobile phones, laptops and other electronic devices are suspected causing about 750,000 euros in damage to the state budget via value-added tax (VAT) fraud schemes, the Financial Crime Investigation Service said on Monday. […]
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