Pieno Žvaigždės exports to the Russian Federation accounted for 30 to 35 percent of its total sales. According to the company, these sales will be partly offset by sales to other markets (with lower profitability). But it will not be possible to compensate for all lost sales by the end of this year. Based on present situation and taking into account actual sales of this year, expected sales for the whole year of 2014 will be around LTL 800 million (EUR 230 million).
Russian intervention in Ukraine has refocused the attention on the traditional military and security challenges, but the factors that made it possible for today’s Russian attempts to revise the European security architecture should not be forgotten. Primarily, this was the result of the processes in the energy sector that go forward only because of reasoned calls of a part of intellectuals for Europe to stop funding of Vladimir Putin’s regime. […]
Military aggression against the Baltic countries is not among the future moves to be expected from the Kremlin, said independent Russian political scientist Kirill Martynov during a meeting in Vilnius. Political scientist, philosopher and Novaya […]
As the European Union tries to stem the news flow of migrants from the Middle East through Belarus, the country’s dictator, Aliaksandr Lukashenko, is signing new flight contracts with Russian airlines. It is known that […]