Business

LTG Group, Ukrainian Railways to develop Klaipėda-Kyiv cargo transportation route

The LTG Group said in a statement that the strategic agreement between the two rail carriers stipulates that the parties…

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Corporate income tax raise might affect Lithuania’s investment climate – economist

„Defence funding must be increased indeed, but raising the corporate income tax is hardly the best option at a time…

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Power link between Sweden and Lithuania goes offline

NordBalt power interconnection between Lithuania and Sweden went offline on Monday morning due to a fault, stated Lithuania’s electricity transmission…

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Largest solar park in Lithuania opens

The solar power plant is the investment of the Danish company Nordic Solar. The solar park spans across a 150-hectare…

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SEB bank sticks to its earlier 2024 GDP growth forecast of 1.5%

Tadas Povilauskas, economist with the bank, admitted that the latest forecast could be seen as „too pessimistic“. According to the…

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Norwegian airline opens base in Riga Airport

Opening a habitual base will strengthen the company’s presence in Latvia. Riga Airport will be the base airport for the…

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Lithuania records lowest annual inflation rate in EU in April

Looking at the main components of euro area inflation, services is expected to have the highest annual rate in April…

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Deistra CEO: “Our sales on Pigu.lt have almost tripled”

The expansion was not delayed “By not postponing our future expansion into Estonia, Latvia and Finland, we have secured an…

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Government adopts Lithuanian hydrogen development roadmap

The document outlines the strategic directions and milestones for hydrogen development, the business environment and the challenges for employing hydrogen…

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airBaltic introduces additional pop-up flights for summer

The new pop-up flights will include a domestic service between airBaltic’s home base in Riga, Latvia and the coastal city…

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