Society
Road traffic safety improves in Lithuania
Statistics indicate that road and railway traffic has become considerably safer in the first half of 2015 in Lithuania. […]
Transport
Economy
Economy
Lithuania introduces stricter speed limits due to heat
Additional speed limits may be imposed in Lithuania due to the continuing heat spell, the Road Administration said on Friday. […]
Economy
Train speed limits introduced due to hot weather in Lithuania
Lithuania’s railroad network administrator, Lithuanian Railways, has decided to limit train speeds due to an intense spell of hot weather. […]
Economy
Vilnius launches latest stage of western bypass construction
Vilnius city has officially announced the beginning of construction of the third stage of the Western bypass. During the opening ceremony, the largest transport infrastructure company in Lithuania, Kauno Tiltai, promised that cars would be driving through the bypass in 2016, Vilnius City Municipality says. […]
Economy
Loan to Lithuanian Shipping Company is but temporary solution, deputy minister says
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. […]
Economy
Lithuanian Shipping Company’s ship returns from Poland after covering part of its debt
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. […]
Economy
Bankruptcy order against Lithuanian Shipping Company
The company Lithuanian Shipping Company (LSC), whose vessels remain arrested in foreign ports and which suffers from an extremely complicated financial situation, will have to file for bankruptcy, said Lithuanian Transport and Communications Minister Rimantas Sinkevičius after a meeting with President Dalia Grybauskaitė on Wednesday. […]
Economy
President Grybauskaitė: Lithuanian Railways acts like a state within a state
State company Lithuanian Railways, which is 100-percent owned by the Ministry of Transport and Communications, is acting like a state within a state, says President Dalia Grybauskaitė, adding that the company’s “lawlessness and irresponsibility” can cost very dearly to all taxpayers. Her comments came after a meeting with Transport and Communications Minister Rimantas Sinkevičius. […]
Economy
Economy
European Commission to earmark EUR 548m for Rail Baltica
The European Commission on Monday proposed earmarking 548 million euros in support for the European standard gauge railway project Rail Baltica, worth 665 million euros in total. […]
TEN-T days 2015: Focus on Rail Baltica
On Monday, at one of the most important European Union (EU) annual transport events TEN-T days 2015, the representatives of the joint venture of the three Baltic States RB Rail presented the project Rail Baltica – a great example of a propriety infrastructure project of a common interest, reports the Ministry of Transport and Communications of Lithuania. […]
Economy
Economy
AirBaltic to cover for bankrupt Air Lituanica for two weeks
On 26 May Air Lituanica, the airline owned by the city of Vilnius that went under last week, reached an agreement with AirBaltic to take over obligations to passengers who booked flights until 5 June. […]
Economy
President says that Lithuania does not necessarily need flagship airline
Lithuania does not necessarily need a flagship airline, President Dalia Grybauskaitė has said in comments about the recent collapse of Air Lituanica, an airline founded by the city of Vilnius. […]
Economy
Vilnius to spend money to attract airlines
Vilnius Mayor Remigijus Šimašius says the Lithuanian capital in essence remains without roundtrip flights after airline Air Lituanica terminated its operations. A special flight promotion fund should be created in order to attract new air carriers to Vilnius. […]
Economy
Estonian Air takes over Air Lituanica’s Tallinn route
Estonian national carrier Estonian Air will make 11 round trip flights per week on the Tallinn-Vilnius route starting on Monday instead of the current six round-trip flights per week after Air Lituanica announced of stopping operations. […]
Economy
Air Lituanica stops operations
Air Lituanica, Lithuanian airline owned by the municipality of Vilnius, has announced that it is stopping operations as of Saturday. […]
Uncategorized
Baltic states “black hole” in terms of transport
Commissioner for Transport Violeta Bulc has expressed her interest in the progress of the Rail Baltica project, as, according to her, the Baltic states are currently a “black hole” which needs to be incorporated in the European Union‘s (EU) transport network. […]
Economy
Lithuania commended for improving road safety
On Friday, Lithuanian Minister of Transport and Communications Rimantas Sinkevičius met with President of the World Road Association (PIARC), Oscar de Buen Richkarday, who commended Lithuania for improving road safety. […]