Lithuanian Railways
Economy

President Grybauskaitė: Lithuanian Railways acts like a state within a state

State company Lithuanian Railways, which is 100-percent owned by the Ministry of Transport and Communications, is acting like a state within a state, says President Dalia Grybauskaitė, adding that the company’s “lawlessness and irresponsibility” can cost very dearly to all taxpayers. Her comments came after a meeting with Transport and Communications Minister Rimantas Sinkevičius. […]

Economy

Will Lithuania survive without EU structural funds?

This is the last financial period that Lithuania is entitled to billions of euros in support from the European Union‘s structural funds. After 2020, the cash flow from the EU coffers will decrease significantly and Lithuania will have to learn to do without the support that currently makes a sizable contribution to its economy. Some economists say that unless the country uses the current funding right, economic growth after 2020 might all but stop. Others are more optimistic, insisting that Lithuania’s economy is stable enough to sustain growth even without EU injections. […]

No Picture
Economy

Lithuania signs 3 memoranda with China Merchants Group

Three memoranda of understanding were signed on Friday with China Merchants Group at the Office of the Government. The memoranda were signed regarding Kaunas Free Economic Zone, Lithuanian Railways and Klaipėda State Seaport. […]

Traukinys
Economy

Lithuanian Railways to roll out e-tickets and Wi-Fi on trains

Lithuania’s state-owned railway operator Lietuvos Geležinkeliai (Lithuanian Railways) will start selling e-tickets late in February. […]

Ministry of Transport and Communication
Politics