Industry

  • CORPORATE

Lithuanian companies produce parts for automobile industry giants

Some fifty Lithuanian businesses produce spare parts, components or even entire vehicles for global automobile industry giants.While the quantity supplied…

8 years ago
  • CORPORATE

Tough year for Lithuanian beer makers

2015 has been a slow year for Lithuanian beer makers, with sales inching down 2% compared to the year before.…

8 years ago
  • CORPORATE

Manufacturing industry plans new jobs in Lithuania

Last year, Lithuania's 1,000 biggest companies created 5,176 new jobs.The manufacturing sector is expected to remain one of the biggest…

8 years ago
  • Economy

Invest Lithuania secures 19 new FDI projects in 2016, promising 1,800 new jobs

Invest Lithuania, the government's agency in charge of attracting foreign investment, has sealed 19 foreign direct investment (FDI) projects this…

8 years ago
  • CORPORATE

Lithuania’s industrial production falls in May

Lithuania’s industrial production fell slightly in May, by 0.2% year on year to €1.5 billion according to Statistics Lithuania.Between January…

8 years ago
  • Economy

Lithuania’s Axis doubles profits in 2015

Axis Industries, a Lithuanian industrial and energy group, almost doubled its net profits in 2015, up 49.1% to €10.3 million.To…

8 years ago
  • CORPORATE

Lithuania’s defence industry subcontracting market to hit €150m

Increasing defence spending by the Lithuanian government will increase the size of the defence subcontracting market up to €150 million…

8 years ago
  • CORPORATE

Lithuania’s biggest bakery opens new plant

The biggest bakery in the Baltics has opened a new upgraded plant in Vilnius.The new plant of Vilniaus Duona, inaugurated…

8 years ago
  • CORPORATE

Industrial production declines in Lithuania and Eurozone

Industrial production volumes in the eurozone, the European Union and Lithuania decreased during the first month of spring compared to…

8 years ago
  • CORPORATE

Fall in Lithuania’s industrial producer prices among biggest in EU

Lithuania has reported one of the biggest falls in industrial producer prices among the 28 European States in March.Industrial producer…

9 years ago
  • CORPORATE
  • Opinion

Lithuania’s defence industry gears up for exports

The more than 500 companies that belong to the Lithuanian Defence and Security Association show that Lithuania can manufacture more…

9 years ago
  • CORPORATE

Construction industry cashflow depressed by public contracts drought

Lithuanian construction industry revenue contracted 3.5% last year, to total €2.5 billion, Verslo Žinios reports.The contraction is largely down to…

9 years ago
  • CORPORATE

Lithuania leads Europe with rise in industrial production

Industrial production in Lithuania rose 2.5% in February bucking the 0.7% fall in production across the European Union, according to…

9 years ago
  • CORPORATE

Lithuania’s population decline hitting industry

Lithuanian population is in steady decline and domestic industry is losing consumers but so far the impact of this negative…

9 years ago
  • Economy

Lithuania reports second-best industrial production growth in EU

Lithuania's industrial growth in January was among the highest in the European Union, according to Eurostat. [...]

9 years ago
  • CORPORATE

Orkla to move production from Lithuania to Latvia, Sweden

Lithuanian company Suslavičius-Felix, which makes a range of sauces and ketchup and is owned by Norway’s Orkla Group, is moving…

9 years ago
  • CORPORATE

Lithuania’s Achema concludes gas deal with Statoil

Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway's Statoil…

9 years ago
  • Economy

Lithuanian engineering industry presented its potential in Sweden

On 11 November, Lithuanian Ambassador in Sweden Eitvydas Bajarūnas and Commerce Attaché Audrius Masiulionis visited Jönköping city, situated in the…

9 years ago
  • Defence

Lithuania’s Defence and Security Industry Association appoints new CEO

Gintaris Satkus was appointed as new director of Lithuanian Defence and Security Industry Association (LGSPA) and will be responsible for…

9 years ago
  • Economy

Lithuania’s industrial production up 4.4 percent in June

In June 2015 industrial production totalled EUR 1.7 billion at current prices and, compared to May, grew by 4.4 percent…

9 years ago