Lithuania
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Baltic States ‘Most Vulnerable’ to Ageing Population
Baltic States ‘Most Vulnerable’ to Ageing Population
October 08, 2015A report by Moody’s Investor Services has highlighted the Baltic states of Lithuania, Latvia and Estonia as [...]
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Baltic States May Suffer for Leaving Soviet Electricity Network
Baltic States May Suffer for Leaving Soviet Electricity Network
October 06, 2015The Baltic States of Lithuania, Latvia and Estonia have the goal of joining the electricity network of Western [...]
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Pillow Tax for Lithuania’s Second Largest City
Pillow Tax for Lithuania’s Second Largest City
September 29, 2015From 1st January next year, guests staying in hotels and holiday apartments in Kaunas in Lithuania, will have to [...]
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Swedbank Acquires Danska Bank in Lithuania and Latvia
Swedbank Acquires Danska Bank in Lithuania and Latvia
September 25, 2015Swedbank is due to formally acquire Danska Bank in Lithuania and Latvia in the first quarter of 2016, subject to [...]
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Lithuania and Latvia to Sign Gas Trade Agreement
Lithuania and Latvia to Sign Gas Trade Agreement
September 21, 2015The Prime Ministers of Lithuania and Latvia have agreed a future deal on the trade of liquid natural gas. The [...]
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Baltic’s Largest Wind Farm Set for Estonia
Baltic’s Largest Wind Farm Set for Estonia
September 14, 2015Construction is due to begin next year in what will be the largest wind farm in the Baltic region. To be located [...]
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KFC and Pizza Hut to Enter Estonian Market
KFC and Pizza Hut to Enter Estonian Market
September 07, 2015Having recently entered the Latvian and Lithuanian markets, the owners of the Yum! franchise have said that they [...]
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Klaipeda Port Cargo Volumes Increase
Klaipeda Port Cargo Volumes Increase
August 15, 2015In official statistics released by the port authority, Klaipeda Port in Lithuania has experienced a 6.2% increase [...]
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Lithuania: Siauliu Bankas Acquires Bank Finasta
Lithuania: Siauliu Bankas Acquires Bank Finasta
July 22, 2015Lithuaninan Bank Siauliu Bankas has acquired 100% of another Lithuanian bank and financial brokerage, Bank Finasta [...]
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Lithuanian Railways Hit by Lower Russian Transit
Lithuanian Railways Hit by Lower Russian Transit
July 17, 2015A lower amount of goods being transported from Russia to its Kaliningrad via Lithuania is having an effect on [...]
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Chinese To Invest in Klaipeda Port in Lithuania
Chinese To Invest in Klaipeda Port in Lithuania
July 16, 2015It is being reported in the Lithuanian media that China is prepared to invest in the port of Klaipeda to [...]
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Rail Baltica Receives EU Approval
Rail Baltica Receives EU Approval
July 13, 2015European Union member states have unanimously approved investment for the Rail Baltica project that will [...]
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Estonia LNG Terminal Gets Approval
Estonia LNG Terminal Gets Approval
July 02, 2015Estonia could be yet another European Union member to have its own liquid natural gas terminal. The Port of [...]
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Lithuania Gazprom Dispute for Arbitration Next Week
Lithuania Gazprom Dispute for Arbitration Next Week
June 23, 2015From the 1st - 10th of July, arbitration hearings will be held in Stockholm regarding the dispute between [...]
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Lithuania Minimum Wage Increase
Lithuania Minimum Wage Increase
June 18, 2015The Lithuanian government is to increase the minimum wage by €25 per month. The minimum wage will increase from [...]
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Technology Centre Officially Opens in Vilnius
Technology Centre Officially Opens in Vilnius
June 16, 2015On Wednesday of last week, a new phase of the technology centre in the Lithuanian capital Vilnius opened, [...]
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GIPL Pipeline Facing Problems in Poland
GIPL Pipeline Facing Problems in Poland
June 16, 2015The Prime Minister of Lithuania, Algirdas Butkevicius has called on Poland to find a solution to the financing of [...]
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NordBalt Reaches Swedish Coast
NordBalt Reaches Swedish Coast
June 09, 2015A power cable to run between Klaipeda in Lithuania and Nybro in Sweden known as NordBalt, has now reached the [...]
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ConocoPhillips Shale Search in Poland Ends
ConocoPhillips Shale Search in Poland Ends
June 08, 2015US company, ConocoPhillips shale search has come to an end in Poland after it found the deposits are not [...]
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Doing Business: New Europe’s Most Competitive
Doing Business: New Europe’s Most Competitive
May 29, 2015On 27th May 2015 , The International Institute for Management Development (IMD), announced the findings of its [...]
