Economy

In a year filled with pandemic challenges, Scania Lietuva maintains stable position on the market

Last year, Scania Lietuva maintained its position in the heavy transport sales sector, occupying 9 per cent of the market, and with 360 new Scania trucks registered in Lithuania. In 2020, the heavy transport market, […]

Vilnius
Economy

Future of Vilnius, Tallinn and Riga: Lithuania can win on only one condition

The Baltic capitals Vilnius, Tallinn and Riga with similar indicators have always competed for the attention of foreign investors. However, recently analysts have been saying that Vilnius may break out within the next five years […]

Economy

Tax burden influences economic state aid

Nordic-Baltic business law house Fondia prepared an analysis of government aid for business and individuals in several countries. It turned out that state aid for economy correlates directly with the tax burden, calculated as a […]

Economy

Strong Lithuanian economy growth despite Euro area weakness

Strong Lithuanian economy growth was impressive, it expanded 3.9% annually in this first quarter of 2019. Meanwhile, season and calendar adjusted quarterly growth stood at 1%, Swedbank announced.  Lithuanian economy growth was supported by very […]