Instead of strengthening their positions abroad or looking for new markets, small and medium sized Lithuanian companies are this year planning to increase investment in expansion in domestic markets, a survey commissioned by SEB Bank shows. […]
Commercial banks in Lithuania have still not developed a common alternative for code cards, whose use will be restricted from April. […]
Increased household consumption and investment are increasingly driving economic growth in Lithuania – without them the Lithuanian economy could have fallen into recession in 2015, according to SEB bank economists. […]
According to Gitanas Nausėda, the advisor of the president of SEB Bank, 2015 wasn’t a very special year for Lithuania, though, considering Lithuania’s GDP growth, it would be wrong to call it a stagnant year as well. […]
Lithuanians would like to develop their own businesses, but many are afraid or simply do not have an idea for one, SEB Bank has concluded after carrying out a survey in the Baltic states. About one in ten Lithuanians have a business, whereas in Latvia and Estonia the share is twice as big. Many say they do not know enough about how to start a business. […]
Lithuania’s state-owned railway operator Lietuvos Geležinkeliai (Lithuanian Railways) will provide a 3-million-euro loan to financially-troubled Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL). […]
An additional 3-million-euro loan issued by SEB Bankas to Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL), a financially-troubled Lithuanian shipping company with debts of more than 20 million euros, is a temporary solution, a deputy transport minister has admitted. […]
One of the detained ships of state-controlled company Lietuvos Jūrų Laivininkystė (Lithuanian Shipping Company, or LJL), which is facing bankruptcy proceedings, has returned from the Polish port of Gdansk to Klaipėda, Transport Minister Rimantas Sinkevičius confirmed on Thursday morning. […]
On Friday, representatives of the Labour Party held a symbolic rally outside the Vilnius headquarters of the biggest commercial banks operating in Lithuania – SEB, Swedbank and DNB. […]
The government’s decision to increase the minimum monthly wage by 25 euros to 325 euros in July and hints about its potential hike to 350 euros in January may be a retribution for the so-called social model, which includes amendments to the Labour Code, an analyst has said. […]
The structure of Lithuania’s economy has clearly changed over the last two decades, an economist says. […]
Most of the winners in Lithuania’s first Top Employer awards, held in Vilnius this week, were foreign investors, Invest Lithuania reports. […]
Baltic small- and medium-scale companies stick to more moderate financial growth plans for 2015. However, despite the current geopolitical tensions, they see further growth opportunities. […]
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