Energy
Lithuanian Confederation of Industrialists
Economy
Lithuanian retail centres ‘nuclear bombs’ for small businesses, says Lithuanian industrialist
Lithuania is making the transition from to a developed market-economy capitalism but it is creating negative side- effects, said Robertas Dargis, president of the Lithuanian Confederation of Industrialists. […]
CORPORATE
Labour relations and skills shortages ‘main obstacles to economic growth’
Inflexible labour relations and the absence of any immigration policy are the major obstacles to Lithuania’s economic growth, the country’s biggest employer association believes. The Lithuanian Confederation of Industrialists has drafted a report on business […]
Foreign affairs
Lithuanian government simplifies visa process for foreign workers
The government has approved a proposal to simplify the procedures for granting temporary residence permits to foreign workers moving to Lithuania. […]
CORPORATE
CORPORATE
Red tape for foreign workers killing Lithuania’s competitiveness
Lithuania’s work visa system for foreigners has become so complicated and time-consuming that it is causing shortages of skilled labour across the economy. […]
Energy
Lietuvos Energija CEO faces investigation
Lithuania’s ethics commission announced it is to open a probe into Lietuvos Energija CEO and chairman Dalius Misiūnas over an alleged conflict of interest. […]
CORPORATE
Economy
What are the prospects for growing Lithuania’s exports?
“The beginning of 2016 was one of the worst years in history for raw material and stock prices,” said Swedbank Chief Economist Nerijus Mačiulis. On Tuesday, he presented his projections for economic growth in Lithuania, and the prospects for exports and the international economy. […]