No Picture
Society

MG Baltic Media’s FY revenue down 12 pct to EUR 58 mln

MG Baltic Media, a media and telecoms group indirectly owned by Lithuanian businessman Darius Mockus, last year saw its consolidated revenue drop to 57.871 million euros, down 12.1 percent from 65.858 million euros in 2016. […]

Ramūnas Karbauskis
Politics

Lithuanian ruling party MPs want new probe into politics-business links

The ruling Lithuanian Farmers and Greens Union‘s (LVŽS) political group in the Seimas has decided to initiate a new parliamentary investigation into links between politics and business as a follow-up to a probe conducted the Committee on National Security and Defense (NSGK). […]

Mantas Adomėnas
Politics

TS-LKD sacks member for business ties

Lawmaker Mantas Adomėnas has been expelled from the opposition conservative Homeland Union – Lithuanian Christian Democrats (TS-LKD) for his ties with the MG Baltic business group. […]

Eligijus Masiulis, Raimondas Kurlianskis, Gintaras Steponavičius, Šarūnas Gustainis, Vytautas Gapšys
Politics

Major political corruption case trial starts in Lithuania, adjourned to Friday

A major political corruption case involving MG Baltic, one of Lithuania’s largest business groups, and two political parties went for trial on Thursday, but the first hearing was adjourned to Friday due to the absence of MP Gintaras Steponavičius, a defendant. […]