small and medium sized business Archives

Lithuanian e-commerce growing but lagging behind neighbours

June 3, 2016 0

From January to May, the number of mail or internet orders in Lithuania increased by 34.9% compared to the same period in 2015. E-commerce is opening more and more local and international opportunities for the country’s small- and medium-sized businesses. […]

Lithuanian SMEs focussing on investment in domestic markets

January 28, 2016 LT Daily 0

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. […]

Mečys Laurinkus. Should Lithuania really strive to be at the front lines of Russia criticism?

March 3, 2021 0

In an interview with the current, perhaps most prominent representative of information warfare from the Moscow side V. Solovyov, Russian Minister of Foreign Affairs S. Lavrov stated that Russia is prepared to suspend diplomatic relations […]

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

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

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 […]

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 […]

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 […]