Uncategorized
Lithuania leads way as car sales rise strongly in Baltic States
The Baltic automobile market experienced strong growth in 2015 with 52,058 new cars registered last year, or 7.9% more than in 2014. […]
Transport
Economy
Chinese companies interested in Rail Baltica contracts
Chinese representative are coming to Lithuania to inspect Rail Baltica, the European-gauge railway project that will connect the Baltic states and Western Europe with a view to bidding for contracts, LRT reports. […]
Economy
Uber in legal ‘grey area’, Lithuanian ministry says
Uber, the international ride sharing platform that has recently started operating in Vilnius, is balancing in the “grey area” of legality, a Transport Ministry official says. The ministry and the Lithuanian tax authorities are still waiting for full documentation from the company, Lietuvos Žinios reports. […]
Economy
Passenger numbers at Vilnius airport hit record level in 2015
Passenger numbers increased by 13% at Vilnius Airport in 2015 to a record three million travellers – the best performance in the history of the airport. […]
Economy
Economy
Lithuanian airports losing race for regional domination to Riga
Direct air transport effect on Lithuania‘s economy in 2013 reached 86 million euro, or 0.25 percent of GDP. However, it is only the tip of the iceberg, since the total sum of direct, indirect, induced effects and the broader economic benefits from air transport effect in Lithuania would be 870 million euro, or 2.5 percent of GDP. […]
Economy
Ryanair launches new Kaunas to Israel service
Budget airline Ryanair has launched a new winter route from Kaunas to Eilat Ovda (Israel), starting on November 5 with a twice weekly service, Kaunas Airport reports. […]
Economy
Economy
Volskwagen representatives say cars in Lithuania are safe
Lithuanian institutions are looking into possible environmental impact of Volkswagen diesel cars after the German carmaker was exposed to have been falsifying emission test results. Volkswagen representatives in Lithuania have so far refrained from commenting on the scandal, but they have assured that the cars are safe and good to use. […]
Economy
Economy
Lithuanian transport service loss in Russia offset by EU
Exports of transport services to Russia is offset by providing more of these services to the European Union (EU) countries. The results of the Lithuania’s Review of the first half of the year, prepared by the Bank of Lithuania, show that the most rising exports markets are to Austria, Denmark and France, the Ministry of Transport and Communications said. […]
Economy
Lithuanian airports bring in consultants to assist in concession project
Lithuanian airports announced a public tender regarding the advisory services for the concession project. The consultant is expected to advice on all financial, tax, legal and technical issues arising in the drafting of the concession project. It is planned that Lithuanian airports will commence work with the selected consultant from Lithuania or abroad starting with January next year, Vilnius Airport reports. […]
European Union
EU commission takes Lithuania to court rail safety rules
The European Commission has taken Lithuania to the EU Court of Justice for its failure to establish an independent rail accident and incident investigation body. […]
Economy
Wizz Air expands its base in Vilnius
Wizz Air, a leading low-cost airline in Central and Eastern Europe, implements its further expansion plans in Lithuania: 4th Airbus A320 aircraft is added to its base in Vilnius airport and started 5 new routes to Billund, Munich-Memmingen, Stockholm, Glasgow and Kiev, Vilnius Airport reports. […]
Economy
International conference in Stockholm discusses transport opportunities for Scandinavia and Baltics
On September 10th an international transport and logistics conference took place in Stockholm. On the initiative of the Lithuanian Embassy in Sweden, the conference was organized by Lithuanian Ministry of Transport and Communications, JSC Lithuanian Railways, port of Klaipėda, Turkish-Swedish business association Sweturk and International Swedish Freight association. […]
Economy
Kaunas Airport attracting aviation-related businesses with new AEROHUB KUN
Kaunas Airport is changing rapidly, with a progressive future vision. The creation of Lithuanian Airports last year, following the merger into one entity of Vilnius, Palanga, and Kaunas airports, has established a clear strategic direction. This sees Kaunas Airport become the base for aviation-related businesses through implementation of the AEROHUB KUN investment project, Invest Lithuania, the state investment promotion agency, reports. […]
Economy
AirBaltic opens five new routes from Vilnius
This week, Latvian airline airBaltic is opening five new routes from Vilnius International Airport, the airline has informed. […]
Society
Vilnius mayor intent on putting English signs on buses
Vilnius Mayor Remigijus Šimašius says English signs will be installed on buses crossing central Vilnius and servicing Vilnius International Airport, despite objections from the State Commission of the Lithuanian Language. […]
Economy
Lithuanian language commission rejects English signs on buses servicing Vilnius airport
The State Commission of the Lithuanian Language has not backed a public transport initiative to install Lithuanian-English direction signs on buses crossing central Vilnius and servicing the airport. […]