the Vilnius Concert and Sports Palace
Economy

Signs of corruption found in Vilnius Concert, Sports Palace revamp tender

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. […]

Baiba Rubesa
Economy

Geopolitical situation may affect Rail Baltica funding

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. […]

Farming land
Economy

Govt approves easing of requirements for farmland buyers

In light of the EU Commission’s infringement procedure against Lithuania, the government on Wednesday approved amendments lifting the requirement for agricultural land buyers to qualify as farmers or have farming experience. […]

Šalčininkai
Economy

Invest Lithuania to look at attracting investors to Salcininkai district

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. […]

Rail Baltica
Economy

New Govt wants to study details of Rail Baltica project – TranspMin

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. […]