Economy
Proposed measures to discourage smoking shouldn’t ruin producers – PM
The Lithuanian Health Ministry’s proposals aimed at discouraging smoking should not ruin manufacturers, Prime Minister Saulius Skvernelis said on Tuesday. […]
Lithuanian Industrialists Confederation
CORPORATE
NSGK investigation reveals how Russia’s tethers penetrated into Lithuania: seemingly irreconcilable enemies united
What do the companies Arvi, MG Baltic, part of the so-called officials and Russia‘s aims to penetrate Lithuania’s energy system have in common? The conclusions of the Seimas National Security and Defence Committee (NSGK) investigation […]
CORPORATE
A few notes about the Augean stables of Lithuanian politics
Several last weeks with the e-mails from Eligijus Masiulis, former Liberal Movement Party leader and who is currently under criminal investigation, a scandal of e-mails from Ms. President with a „tulip“ pseudonym, hidden political influences from the MG Baltic corporation and leaked files from the State Security Department about politico-business relations at least partially opened the curtain of the backstage „kitchen“ of Lithuanian politics. Although it was not a big surprise to the insiders of national politics that instead of kitchen of politics we might be brought suddenly to the Augean stables. And exactly this has happened. A smell and picture here are far from nice. […]
Politics
Lithuanian president appoints new members to LRT Council
Lithuanian President Dalia Grybauskaitė on Monday appointed Tomas Balžekas, a journalist and the owner of a magazine publishing business, Giedrė Švedienė, a former auditor general, and Norbertas Černiauskas, a historian, as new members of the LRT Council. […]
Politics
Government has no plans of liberalizing immigration policies – PM
Lithuania’s government has no plans of liberalizing the migration policies, says Prime Minister Saulius Skvernelis, adding it was currently well-balanced. […]
Politics
Dargis says won’t run for Lithuanian president next year
Robertas Dargis, businessman and president of the Lithuanian Industrialists’ Confederation, said on Friday that he does not plan to run in next year’s presidential election. […]
Society
Tighter issuing of Lithuanian business visas will prevent sham mediation firms – Ministry of the Interior
Lithuanian authorities tightened the procedures of issuing business visas in an effort to curb illegal migration in hopes of preventing sham mediation companies, the Interior Ministry said. […]
Economy
Declining demographics will first affect Lithuania’s rural areas, industry association says
President of the Lithuanian Confederation of Industrialists (LPK) Robertas Dargis says that the shortage of specialists and growing migration to foreign countries and Lithuania’s major cities will first pose problems for rural areas. […]
Economy
Lithuanian PM presents competitiveness promotion plans to business leaders
Lithuanian Prime Minister Algirdas Butkevičius has presented the Lithuanian Confederation of Industrialists (LPK) with the Government’s plans of enhancing the country’s competitiveness and attractiveness to businesses. […]
Economy
Lithuanian company has job offers for refugees
As thousands of refugees fleeing wars in the Middle East and Africa arrive in Europe, Lithuania, too, is going to accept more asylum seekers than previously planned. Some employers in the country say they will welcome new potential employees. […]
Foreign affairs
Lithuanian investors invited to “Make in India”
India invited Lithuanian companies to take advantage of new and exciting opportunities for investment, at a “Make in India” roadshow organised by Embassy of India and Honorary Consul of India in Vilnius, Wing Commander Rajinder Chaudhary, in partnership with Confederation of Industrialists of Lithuania in Vilnius, on April 13. […]
Economy
Business trips expected to boost Lithuania’s tourism industry
The number of holiday-makers choosing Lithuania as their destination is falling, yet, there are increasingly more and more business tourists in the country, which allows expecting a modest growth in the sector in the upcoming 6 months, a Tourism Confidence Index compiled by the Confederation of Lithuanian Industrialists shows. […]
Economy
Lithuanian industrialists welcome another minimum wage increase
The Presidium of the Lithuanian Confederation of Industrialists (LPK) has confirmed on Tuesday that industrialists welcome the government’s plans to increase the minimum monthly wage once again in July. […]
Economy
Lithuania’s companies set off losses in CIS with exports to new markets
Due to the current geopolitical tensions and crisis, Lithuania’s exports to the region of the Commonwealth of Independent States (CIS) last year declined by EUR 158 million, however, at the same time exports to new markets grew by EUR 176 million. […]
European Union
EU’s 315-billion-euro investment plan may benefit Lithuania, ambassador says
The European Commission’s 315-billion-euro investment plan may benefit Lithuania, but the scheme of its financing still involves many uncertainties, Lithuania’s permanent representative to the European Union (EU) has said. […]
Uncategorized
Lithuanian industrialists offer to mediate in Ukrainian-EU business cooperation
More than 20 businesspeople and representatives of business organisations are taking part in the high level Ukraine-Lithuania business mission to Brussels on 9-11 December, organised by the Lithuanian Confederation of Industrialists (LPK), the confederation said in a report. […]
Economy
Lithuanian PM: We have not stumbled in face of setbacks
There have been plenty of challenges caused by geopolitical tensions, but looking at the results of the three quarters of 2014 we may rejoice at the fact that we have not stumbled in face of setbacks, said Prime Minister Algirdas Butkevičius at the Yearly Economic Forum of the Lithuanian Confederation of Industrialists (LPK), which discussed the most important economic issues and scenarios. […]
Economy
Lithuania puts too little EU money into entrepreneurship and education, economist says
Žygimantas Mauricas, chief economist of the bank Nordea, who spoke at the Yearly Economic Forum of the Lithuanian Confederation of Industrialists, said that Lithuania should sort out its financing priorities from the European Union structural funds. […]
Economy
Lithuanian employers say college graduates lack skills to apply knowledge
Lithuanian employers have quite different expectations from students and graduates when hiring and getting hired, shows a poll published on Wednesday. […]
Economy
Advice to Lithuanian exporters: Forget China, concentrate on Chinese region or city
Robertas Dargis, head of the Lithuanian Confederation of Industrialists (LPK), is convinced that cooperation among producers is one of the keys to open vast foreign markets to Lithuanian goods. […]