In recent years, not only employee wages but also business owners’ profits have been rising. And increasing profits do not always reach the employees’ wallets. Bank of Lithuania economists, who made such conclusions, explain that […]
More and more Lithuanians are realizing their ideas with the help of crowd-funding platforms like Kickstarter and Indiegogo. Some of them are already planning for mass production following successful launch campaigns. […]
State owned enterprises (SOEs) earned €69.9 million of normalized net profit over the first three months of 2016. Energy sector companies enjoyed 11.9% profit increase compared to the same period last year, shows the Management […]
The largest aviation group in Eastern Europe Lithuania’s Avia Solutions Group was not only ranked among the 10 most entrepreneurial European businesses but was also recognised as the top company in Lithuania by a public […]
Discussions surrounding Lithuania’s Labour Code reform is part of the global trend where capital is challenging workers’ rights and pushing to transfer all risks associated with business cycles onto labour, according to a Linköping University professor who analysed the discourse of both the advocates and opponents of the reform. […]
Lithuanian and Latvian economies are growing at a similar pace, but while Lithuanian entrepreneurs exhibit cautious optimism, Latvians are rather pessimistic for the second year in a row, shows a business sentiment and confidence index […]
The level of mergers and acquisitions in the Baltic states grew by 28% in the first four months of this year, bucking a global decline in M&A, according to a report by Prudentia. In the […]
Entrepreneurs in Lithuanian cities have the highest levels of optimism but the mood among companies is pessimistic in the country’s smaller cities and towns, according to a Citadele Bank business confidence survey carried out in […]
Lithuanian economists and business groups have noticed a trend among shoppers: Lithuanians are beginning to turn their backs on large supermarkets in favour of smaller shops and markets. […]
A number of Lithuanian entrepreneurs are pushing for Lithuania to adopt Estonia‘s approach to taxation to stop a flight of companies from the country to its Baltic neighbour. “Income tax administration in Lithuania both for […]
Lithuania has launched a campaign to draw attention to the problems of an ageing population and to the need for initiatives to prolong the working life of Lithuanian workers. “Our country’s competitiveness in the coming […]
Barclays Technology Centre in Lithuania and Avia Solutions Group have been ranked among the 110 top European companies by the European Business Awards. The annual European Business Awards recognize European companies that make significant progress […]
Lithuanian businesses are decreasing savings and increasing investment as profits almost hit pre-crisis highs, with growing salaries and domestic consumption, and positive trends in Lithuania’s main export markets. Bank of Lithuania data shows that the […]
Over the past decade, more and more profit-seeking companies have been maintaining that they are sharing value not only with their shareholders, but also with national or local communities, thus trying to jump on the bandwagon of the so-called corporate social responsibility (CSR) movement. […]
Lithuanian business sentiment improved in March as the confidence indicator rose to -1 from -5 in February, according to the Lithuanian Statistics Department‘s business trends and expectations survey data for March. […]
Last year Lithuanian corporate profits almost hit the record levels of 2007 with pre-tax profits reaching €4.2 billion or 40% more than in 2014. […]
A growing number of self-employed people in Lithuania indicates the spread of the spirit of entrepreneurship, say economists. […]
With a small domestic market, Lithuanian entrepreneurs are more and more often looking to foreign markets for opportunities to develop and expand their businesses. While many have been looking to the US or Western Europe, others have also begun glancing eastwards at markets like India and China. […]
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