Money
Economy

Intense price hikes ahead in another sector, warns: many people will feel the impact

Experts’ forecasts for the Lithuanian economy are far from optimistic. Economists say that rising inflation and Russia’s war in Ukraine will only further accelerate the rise in food prices and deglobalisation. The construction sector is […]

Economy

Elme Metall to start development of metal processing plant on the largest Klaipėda FEZ site this year

Elme Metall, a company belonging to the Estonian industrial holding BLRT Grupp, plans to start construction of a modern metalworking complex on a 7.6 ha plot in the Klaipėda Free Economic Zone (FEZ) this year. […]

Defence

Ammunition production in Lithuania: time for investments!

Lithuanian government owns the Giraitė Armament Factory (GAF) that would face few mid and long-term challenges despite current profitability. The article details the challenges and proposes ways to deal with them. The Giraitė Armament Factory […]

Economy

Bankera client expenses analysis: with the lockdown relaxed, spending across almost all areas

As lockdown relaxed, client expense statistics from Bankera indicates that Europeans have begun spending in large amounts. Compared to the first and second quarters of this year, there has been a notable increase in expenses […]