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HomeSkinest Baltija EN

Skinest Baltija EN

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Foreign affairs

Estonia’s Skinest Rail may take Lithuania to international arbitration court

September 17, 2018 BNS 0

Estonia’s railway services and investment group Skinest Rail, the owner of Lithuania’s Skinest Baltija, is considering taking Lithuania to an international arbitration court over an alleged bilateral investment promotion agreement violation after losing a battle in local courts. […]

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Society

Skinest Baltija plans to take Lietuvos Geležinkeliai to court

June 7, 2018 BNS 0

Skinest Baltija, a company controlled by Estonia’s railway services and investment group Skinest Rail, plans to take Lietuvos Geležinkeliai (Lithuanian Railways) to court as the Lithuanian state railway company refuses to sign a contract, worth over 3 million euros, on the purchase of railway sleepers. […]

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Defence

Lietuvos Geležinkeliai’s deal with Skinest Baltija fails to clear national security hurdle

June 7, 2018 BNS 0

Lietuvos Geležinkeliai‘s (Lithuanian Railways) planned contract, worth over 3 million euros, with Skinest Baltija, a company of Estonia’s railway services and investment group Skinest Rail, on the purchase of railway sleepers is not in line with national security interests, the Transport Ministry said, based on an opinion from a special commission. […]

Latest

Georgian flag
Central/Eastern Europe

Pavilionis’, European and US parliamentarians on the situation in Georgia

February 26, 2021 0

Today, Žygimantas Pavilionis, Chair of the Seimas Committee on Foreign Affairs, in cooperation with influential European and US parliamentarians, issued the statement with the aim of curbing antidemocratic tendencies in this country, Office of the […]

Paulius Jauga, Head of SME Bank Corporate Clients Department
Economy

SME Bank, established by SME Finance, has been granted a banking licence

February 26, 2021 0

On the proposal of the Bank of Lithuania, the European Central Bank (ECB) has issued a specialised bank licence to a neobank, SME Bank, to be established by SME Finance. As previously planned, SME Bank […]

Marius Jakulis Jason, founder of the MJJ Foundation
Economy

UAB AAA Holdingas – changes in management and shareholder structure

February 26, 2021 0

Investor Marius Jakulis Jason has consolidated the shares of UAB AAA Holdingas. Going forward, all company shares will be owned by IKKB Mūsų Ateities Investicijos, which manages the Jakulis Jason family property, and the philanthropic […]

Economy

Latvians allowed Linas Agro Group to implement concentration by acquiring KG Group

February 25, 2021 0

The Competition Council of Latvia has adopted a resolution allowing Linas Agro Group to implement the concentration and acquire the companies belonging to KG Group. The decision was made by the Latvian Competition institution after […]

Lidl shop
Economy

Shopping changes: pandemic shock has passed, the miracle of e-retail isn’t here yet

February 25, 2021 0

For the retail sector, the beginning of the COVID-19 pandemic in 2020 meant emptied shelves and an incredible demand for toilet paper, cereals and pasta. With the initial panic over, shoppers are now adopting a […]

Lithuanian Ministry of Foreign Affairs
Politics

Nausėda’s promise remembered after surprising decisions by the Presidential Palace

February 24, 2021 0

With President Gitanas Nausėda refusing to appoint former ministers, who held significant public trusts, to ambassador positions, experts note that the president has already promised some of the pledges that accompanied him into the elections […]

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