Jaroslaw Kaczynski

What does Poland’s political upheaval mean for Lithuania?

The nationalistic Law and Justice party that recently came into power in Poland has been eyed warily by neighbors and other countries in the EU. Some have been worried about the its moves to tighten its control over the media and constitutional courts, and Lithuanian analysts are also split about what to make of the new political climate. In a show on LRT, several respected political observers discussed the ongoing events in Poland. […]


Orlen Lietuva says authorised capital reduction will not affect solvency

Petroleum company Orlen Lietuva responded to concerns expressed publicly by Lithuanian Railways (Lietuvos Geležinkeliai) over the company’s finances. Orlen Lietuva said that the reduction of its authorised capital was not related to payment to shareholders but was used to cover losses, thus it will not affect solvency. […]


Unsolved dilemma of Orlen Lietuva (Mažeikių Nafta)

The launch of Lithuania’s new LNG Terminal Independence in Klaipėda is cause for celebration as a victory over Russian gas dominance. as well as neighbouring Latvia and Estonia. However, another Lithuanian energy sector dilemma remains unresolved despite efforts of the European Commission and Vilnius and Warsaw –  the Russian eight year long oil ‘embargo’ against the Lithuanian oil refinery Orlen Lietuva (Mažeikių Nafta). […]


Orlen Lietuva improves results amidst pressure of operational costs

EBITDA LIFO result of Orlen Lietuva in the third quarter amounted to USD 54 million and was USD 58 million higher, year-on-year, supported by favourable macroeconomic environment in this period. […]

Virginija Vilimienė

Orlen Lietuva and workers’ trade union reach agreement

The management of Orlen Lietuva (Orlen Lithuania) and the oil company’s trade union on Friday reached an agreement on the key items of the collective agreement, which will stipulate that workers of the oil refinery will be rewarded for performance, but the incentives will also be tied to the performance of the company as a whole. […]

Eligijus Masiulis

Liberal MP: Government must step in to save ORLEN Lietuva

If there is ever a threat of the oil refinery in Mažeikiai closing down, the government must urgently step in, says Eligijus Masiulis, leader of the Liberal Movement parliamentary group. […]