Indrė Makaraitytė
CORPORATE

Investing in Udovicki – dangerous for national security but support for the “Peasants” election?

The conservatives are burning candles, voters are putting unremoved waste on social networks, they are angry at the incessant traffic jams and the local press reports on bribing their voters before the municipal elections. But these are mere ripples on the surface because the truth is there are far more serious strategic issues at hand in the municipal elections. […]

Lithuanian President Dalia Grybauskaitė, Polish Prime Minister Beata Szydlo
CORPORATE

The cold friendship between Lithuania and Poland

Posters on bus stops across Vilnius remind us that, this autumn, we are celebrating the 25th anniversary since most countries in the world resumed diplomatic relations with the Republic of Lithuania. The events will probably also celebrate the relations between Lithuania and Poland. Although there is little to celebrate: looking at the last five years, we must state that there has been considerable regress. […]

Orlen Lietuva oil refinery
Economy

Lithuanian Railways and Poland’s Orlen resume talks

After Lithuania’s Prime Minister Algirdas Butkevičius met on Monday with representatives of the Polish government and Orlen oil company, oil refinery Orlen Lietuva and Lietuvos Geležinkeliai (Lithuanian Railways, or LG) have resumed talks over transportation rates that broke down in May.

To read this article, try a €5.99 monthly subscription by clicking here. […]

Economy

Orlen Lietuva to renew negotiations over transportation rates with Lithuanian Railways

Prime Minister Algirdas Butkevičius and Transport Minister Rimantas Sinkevičius say that Polish-owned oil refinery Orlen Lietuva and the state-owned railway company Lietuvos Geležinkeliai (Lithuanian Railways) should resume negotiations over transportation rates that broke down in May.

To read this article, try a €5.99 monthly subscription by clicking here. […]

CORPORATE

Lithuanian Railways to be restructured

Minister of Transport and Communications Rimantas Sinkevičius said that the state-managed Lithuanian Railways company will be restructured according to the European Commission‘s requirements. In this way, the company will avoid paying several tens of millions […]

Politics

Prospect of €40m EU fine on Lithuanian Railways to be discussed by President, ministers

Lithuanian President Dalia Grybauskaitė and Minister of Transport and Communications Rimantas Sinkevičius will discuss the European Commission‘s accusation that Lithuanian Railways abused its dominating position and the several tens of millions of Euros in fees for the demolished track to Renge in Latvia. […]

Klaipėdos nafta
CORPORATE

Profits of Lithuanian state-owned companies down 5.7%

Companies owned by the Lithuanian state have reported €216,3 million in net profits over 2015, a drop of 5.7% from 2014. The best results come from the oil company Klaipėdos Nafta, while profits of the […]