Business

Four people face allegations over potential sanction circumvention by company of Vičiūnai Group

LRT has learned from the Prosecutor General’s Office that four people face suspicions in the investigation concerning possible violation of…

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Unemployment rate in Lithuania at 7.5% in April – Eurostat

Eurostat estimates that 13.149 million persons in the EU, of whom 10.998 million in the euro area, were unemployed in…

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Government approves proposal to extend banks’ solidarity levy until end-2025

Amendments to the temporary solidarity contribution law will be tabled in the Parliament as a matter of urgency. The draft…

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Preparations underway for new arrivals terminal at Vilnius Airport

LTOU representatives say that while the architectural competition will give priority to the selection of the necessary design for the…

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New rules for registration of foreign tourists from July

Dovilė Seliukė, head of marketing and communication at Travel Lithuania, official tourism agency, told Delfi that from 1 July 2024,…

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Citi: Defining a banking strategy for your company’s global growth

Tech has changed the way all businesses think about expansion. Disruptors move into new geographies quickly to gain a first-mover…

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Latvenergo concludes largest wind farm development deal in Lithuania

The construction of the wind farm will be managed by Utilitas Wind until completion. Installation of 20 Vestas 6.2 MW…

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Lithuania expects to attract a quarter more tourists this year

The event was attended by tourism leaders from 27 countries in the European region. In recent years, European tourism has…

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Gross wages grow by 12.6% last year

In 2023, average gross monthly earnings in the whole economy (individual enterprises included) totalled EUR 2,013.8 and, compared to 2022,…

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Electricity price down by 14% last week

According to Lithuania’s electricity transmission system operator Litgrid, electricity consumption in the country last week decreased by 1% from 202…

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