Lithuanian President Dalia Grybauskaitė on Friday signed into law amendments to the Law on Alcohol Control that require retailers to ask alcohol buyers to show identification documents only if there is doubt that they are of the legal drinking age. […]
Liudas Dapkus, deputy editor-in-chief at the daily Lietuvos Rytas and editor-in-chief at the Lrytas.lt news website, said on October 5 that he is leaving Lietuvos Rytas. […]
Rezidor, one of the most dynamic hotel groups worldwide and a member of the Carlson Rezidor Hotel Group, is proud to announce the signing of the first Radisson RED in the Baltics, Russia & CIS region. The hotel will be in Vilnius city centre, next door to the existing Radisson Blu Lietuva hotel and only a short walk from the historical Old Town. The around 200 room Radisson RED Vilnius is expected to open its doors by early 2020, the organisers announced in a press release. […]
Personnel levels in Lithuania’s shared services sector have increased by 12% this year. And with 7 new centres established in the last 12 months, there are now a total of 50 shared services centres operating in Lithuania, Invest Lithuania reported. […]
Social Democratic Prime Minister Algirdas Butkevičius expects that Lithuania’s new Labour Code will significantly improve the country’s competitiveness after it comes into effect next January. […]
Lithuania’s budget for 2017 is being planned with a small deficit that the European Commission is expected to approve if the country’s new Labour Code and other social protection system changes are recognized as structural reforms, Finance Minister Rasa Budbergytė said on Wednesday. […]
One of the biggest airlines in the world, Turkish Airlines, is opening a customer service centre in Vilnius to service its clients in Nordic and Baltic countries, Invest Lithuania reported. […]
A newly adopted Labour Code is a signal to the investors that investment climate is improving in Lithuania. After the change, labour relations in the country will be more flexible, and this will create better conditions not only for investors but also for employees. At the same time more favourable conditions might be one of the incentives not to emigrate and stay in Lithuania, and this will increase the number of workers in the country. […]
Lithuanian businessman Raimondas Baranauskas will seek compensation from the state for the nationalisation of Snoras bank, he said in an interview released on Saturday. […]
The new Labour Code passed by the Seimas has not been well received by voters. Based on a poll by public opinion and market research company Vilmorus more than half of the respondents viewed the new Labour Code negatively. The negative perception of the code was found across the electorates of almost all parties, albeit less so among Social Democrat (LSDP) and Polish Electoral Action voters. […]
Just a week after the Lithuanian parliament overrode the president’s veto on the new Labour Code with a promise to improve the package, adopted in June, before next month’s general elections, lawmakers, mostly from the Social Democratic political group, have started putting forward amendments. […]
Lithuania used to earmark about 6 percent of its national budget to the Soviet Union during the Soviet rule, which proves that Lithuania and other nations were not dependent on the Soviet Union but were its donors, a Latvian researcher has said. […]
Lithuania’s President Dalia Grybauskaitė on Monday signed the new Labour Code and accompanying amendments into law, the President’s Office said. Last week, the parliament overrode the presidential veto and kept the liberal version of the Labor Code it had adopted in June. The new code and the social model package will take effect at the start of 2017. […]
The 2015 annual report on the Lithuanian state-owned enterprises (SOEs), which contains financial results of SOEs, was presented at the government meeting on 15 September, Turto bankas informed in the press release. […]
Lithuania has already managed to enter the Chinese dairy market and now the representatives of other industries are looking to enter the largest market in the world. Preparations for this are already well under way for companies planning to export beef, grain and animal fodder. […]
The city of Vilnius on Thursday signed a 25-million-euro loan agreement with the European Investment Bank (EIB). […]
Lithuania and another 11 European countries have called on the European Commission to make efforts to reach a free trade deal with the United States. […]
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