Experts say that the Lithuanian economy would not be severely affected by a war with the geopolitical tensions in Ukraine. However, logistics companies would be hit hard, and the country’s population would not escape – […]
On 11 January 2022, the Kaunas District Municipality granted a permit to build UAB Tamro, a wholesale distribution company of pharmaceuticals and the manager of BENU pharmacies, logistics centre in the territory of the Kaunas […]
Marius Dubnikovas, a financial analyst, said on the “Lietuvos rytas” TV programme “Nauja diena” that the possible Chinese sanctions against Lithuania would not easily shake the country’s economy but require a combination of other unfavourable […]
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 […]
UAB Vingės logistika, a warehousing and cargo handling services company operating in Klaipėda FEZ, completed a warehouse expansion project in December. The project involved the construction of 8,000 sqm of new warehouse space, bringing the […]
The SBA Group’s philosophy and efforts to develop sustainable real estate projects with exceptional architecture to enrich Lithuania have been recognised. SBA Urban’s projects – the BLC business centre in Kaunas and the SBA Industrial […]
KS Holding, a Kesko Group company, has successfully completed its first investment by selling Ozols Centres in Riga to the Finnish Special Mutual Fund Titanium Baltic Real Estate. The anchor tenant of the 30 000 square […]
According to experts, the pandemic has drastically changed Lithuania’s economic situation – both the financial sector and the habits and needs of Lithuanians over the past year. Simonas Krėpšta, Member of the Board of the […]
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 […]
Although statistics show fewer bankruptcies, this is only a temporary phenomenon due to changes in the regulation of insolvency of legal persons. The number of bankruptcies after a pandemic should increase, as not all companies […]
Lithuanians are among the leaders in Europe in terms of the number of people who want to have a business as many as 71 per cent, AGER 2020 (Amway Global Entrepreneurship report) shows. However, the […]
If we put a magic wand in a child’s hand, he would most likely wish for a room full of toys. Many of us construct our happiness through the word “more”: more fashionable clothes, more […]
The working group on the review of tax benefits, set up by the Ministry of Finance, has already received over 200 proposals from experts, business and the public on what needs a transformation in the […]
Following more than 17 years of experience in the business financing domain, Dainius Vaičikonis has founded the alternative financing company Finpro. The newly emerging company will offer factoring, business loans, as well as lease and […]
The topic of the welfare state gained more attention in the country last year, when the incumbent Lithuanian President Gitanas Nausėda shared his vision of Lithuania as a strong, just, green and innovative welfare state, […]
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, […]
Despite placing a more considerable emphasis on sustainability and becoming Europe’s leader in plastic packaging recycling in recent years, Lithuania remains a below-average performer on the EU Eco-Innovation Scoreboard (ranking 22 out of 28). To […]
A few weeks ago, some of the participants at the new cabinet’s meeting must have been overtaken by a sense of déjà vu. It was a similarly urgent meeting in the weekend that the previous […]
For whom and what does the new Lithuania’s government programme promise? Across the 118 pages long programme, anyone could find accents of relevance to themselves – optimists can celebrate every page, while pessimists, as the […]
The pandemic has closed borders and increased unemployment in Lithuania to levels not seen for several years. However, even give such a situation, a quarter more people immigrated to Lithuania compared to last year. The […]
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