Thu, 26 Apr 2012: Lithuania braced against euro troubles…
Apr 26, 2012 Lithuania
In 2012, inflation will decrease to 3.2 percent and to 2.9 percent next year. According to Danske senior analyst for the Baltic States Violeta Klyviene, “The eurozone problems will affect L...Tags: Baltic States, Debt Problems, Economic Forecasts, Euro, Europe, Eurozone Countries, Financial Markets, Germany, Inflation, Lithuania, Negative Impact, Poland, Recession, Rsquo, Russia, Senior Analyst, Structured Product, Violeta
Wed, 25 Apr 2012: Lithuanian Post goes electric…
Apr 25, 2012 Lithuania
In addition, no parking charges are applied for such cars and, contrary to conventional or hybrid cars, this model does not produce harmful CO2 gases causing the greenhouse effect. Minister of T...Tags: Chief Executive Officer, Diesel Cars, Electric Car, Fleet, Gases, Greenhouse Effect, Hybrid Cars, Lithuania, Minister Of Transport, Parking Charges, Petrol, Pioneer Companies
Wed, 25 Apr 2012: Belarusians hop to Lithuania as EU curbs defiant Minsk…
Apr 25, 2012 Lithuania
The bus fare for the trip is pretty much the same, but most people prefer trains,” Liudmila Silko, deputy director of Mega Dialog, a Belarusian travel agency, told Delfi. Too early to make...Tags: Abundance, Belarus, Bus Fare, Compatriots, Curbs, Deputy Director, Economic Difficulties, European Union, Excellent Service, Free Atmosphere, Gateway To The West, Gateway West, Germany, Italy, Proximity, Shopping, Soviet Union, Surname, Trains, Travel Agency
Wed, 11 Apr 2012: Lithuanians scuttle over the border for cheaper Polish goods…
Apr 11, 2012 Lithuania
“My uncle talked me into going with him to Suwalki for shopping. Before the trip, I hadn’t ever given a thought to how much cheaper shopping in Poland could be,” he said to a loc...Tags: Border, Businesspeople, Cars, Cheese, Easter, Grocery Stores, Lithuania, Lithuanian Government, Luxury Goods, Maxima, Neighbors, Nuts, Poland, Prime Rib, Provisions, Sausages, Shopping, Supermarkets
Wed, 4 Apr 2012: Lithuania needs investment to ensure growth…
Apr 4, 2012 Lithuania
Meanwhile, the increase of domestic consumption and imports will remain more or less unchanged from 2011 rates. Given the latter scenario, Lithuanian GDP growth could seek 3 percent,” DNB an...Tags: Baltic States, Direct Foreign Investment, Direct Investment, Domestic Consumption, Economic Growth, Economic Outlook, Economy, Estonia, Gdp, Gdp Growth, Growth Pace, Inflation, Latter Scenario, Latvia, Lithuania, Oil Prices, Per Capita, Rsquo, Sustainable Growth
Wed, 28 Mar 2012: Lithuanian business disgusted with sanctions against Belarus…
Mar 28, 2012 Lithuania
However, the Belarusian company Triple, which exports diesel fuel to the EU, was included on the EU’s black list on March 23. Some 10 percent of diesel fuel is imported to Lithuania from Bel...Tags: Andrius, Belarus, Businessmen, Confederation, Contracts, Diesel Fuel, Eu Countries, Industrialists, Lietuva, Lithuania, Lithuanian Town, Lithuanians, Mazeikiai, New Businesses, Regime, Sanctions
Wed, 14 Mar 2012: Exports weaken for Lithuania…
Mar 14, 2012 Lithuania
Lithuania exports around 60 percent of its goods to the European Union, which at present finds itself in a troublesome economic situation. According to the latest macroeconomic indexes, the EU&r...Tags: 7 Months, Belarus, Belarusian, Best Case Scenario, Consumption Rates, Currency, Devaluation, Economic Situation, Economy, European Union, First Quarter, Fiscal And Monetary Policies, Gdp, Indexes, Lithuania, Previous Year, Rsquo, Trade Partners, Unemployment
Wed, 7 Mar 2012: Lithuanian business to politicians: “Do not irk Russia!”…
Mar 7, 2012 Lithuania
“The elections apparently won’t change anything for Lithuanian business in Russia. Even some sporadic unrest will not be able to shake up Russia, as Putin has considerably large suppor...Tags: Business In Russia, Business Situation, Businessmen, Kremlin, Likelihood, Lithuanian Government, Nordea Bank, Opposition, Politicians, Putin, Russian Elections, Russians, Unrest
Wed, 29 Feb 2012: Lithuanian financial assets surge…
Feb 29, 2012 Lithuania
Such differences in lending by currency emerged as a result of the structure of lending by other MFIs to non-financial corporations and households. At the end of January, loans by other MFIs to n...Tags: Currency, Euros, Financial Assets, Financial Corporations, Households, Lithuanian, Loans, Mfis
Wed, 29 Feb 2012: US defense firm awarded major Lithuanian contract…
Feb 29, 2012 Lithuania
Army Security Assistance Command to provide professional analysis, technical and staff assistance necessary to support the government of Lithuania in national goals and its efforts to become part ...Tags: Army Security, Atlantic Treaty Organization, Conflict, Defense Logistics, Government Of Lithuania, Implementation And Operation, Interactive Simulation Software, Mission Planning, National Goals, Nato, Nato Forces, Nato Summit, North Atlantic Treaty Organization, Professional Analysis, Rehearsal, Security Assistance, Simulation Training, Staff Assistance, Strides, Tactical Simulation
Wed, 22 Feb 2012: Lithuania gains foothold in Silicon Valley…
Feb 22, 2012 Lithuania
We believe in our success in this field. Our aim is not only introducing a Lithuanian investment environment, the science valleys we create and the economic development zones, but also hearing fro...Tags: Barclay, Business Ecosystem, Celebration, City Of Seattle, Corporations, Economic Development Zones, Economic Recovery, Economy Minister, Eu Member States, Foothold, Global Companies, Innovative Technology, Investment Environment, Lithuania, Lithuanian Community, Moog, Silicon Valley, Slew, Technology Companies, Valleys
Wed, 15 Feb 2012: Gaz-System announces Polish-Lithuania gas pipeline…
Feb 15, 2012 Lithuania
Lithuania is currently in an ongoing dispute with Gazprom over a pricing scheme that the Baltic state says is “unfair”. The pipeline will stretch an estimated 562 km pipeline and shou...Tags: Andrius, Baltic State, Baltic States, Boon, Cubic Meters, Energy Supplies, Estonia, Europe, Future Energy, Gas Pipeline, Gaz, Gazprom, Latvia, Lithuania, Lng Terminal, Pipeline Systems, Prime Minister, Realization, Rsquo
Wed, 15 Feb 2012: Tax inspectorate raids Vilnius taxi companies…
Feb 15, 2012 Lithuania
6 as well as Feb. 7. It happened because of a raid on the headquarters of many of Vilnius’ major taxi companies (all of them based in the same building on Zaliuju Ezeru Street) carried out b...Tags: Initiative, Inspectorate, Oleg, People, Police Bureau, Policemen, State Tax, Taxes, Taxi Companies, Taxi Company, Vilnius Municipality
Wed, 15 Feb 2012: Lithuanian food retailers set on expansion amid gloomy EU economy…
Feb 15, 2012 Lithuania
I cannot comment on anything else, as we are bound with commitments of confidentiality,” Zimnickas told TBT. In his Facebook profile, Zimnickas presents himself as director of the Luxembou...Tags: Commitments, Confidentiality, Customer Protection, Economy, Finance, Food Retailers, Grocery Retailer, Grocery Retailers, Ireland, Litas, Lithuania, Lithuanian, Maxima, Poland, Rsquo, Supermarkets, Turnover, Vat
Thu, 2 Feb 2012: Bank on Lithuania under cyber attack…
Feb 2, 2012 Lithuania
The method of these attacks is to use a huge amount of data, via the computer network, to overload the information systems and communication channels of the organization under attack and thus dist...Tags: Bank Loan, Communication Channels, Computer Network, Cyber Attack, Databases, Domestic Users, European Central Banks, Information Systems, Information Technology Specialists, Internal Information System, Lithuania, Organization, Risk, Rsquo, Servers
Thu, 2 Feb 2012: Q4 Lithuanian GDP slowdown sends warning signal…
Feb 2, 2012 Lithuania
In 2011, GDP in total grew by 5.8 percent. “Let us not rush to bury ourselves. It is Lithuania’s advantage that it mainly exports to countries that are less affected by the eurozone cr...Tags: Exchange Rate Fluctuations, Export Competitiveness, Export Countries, Export Outlook, Gdp, Gdp Growth, Growth Outlook, Latvia, Litas, Lithuanian, Outlook Index, Poland, Q4, Recession, Rsquo, Russia, Russian Economy, Russian Inflation, Slowdown, Warning Signal
Wed, 25 Jan 2012: Lithuanian leaders’ outlines for the economy in 2012…
Jan 25, 2012 Lithuania
“It will be a complicated year because of the coming parliamentary elections and because of the complicated economic situation beyond the Lithuanian borders,” Grybauskaite said. She ...Tags: Baltics, Borders, Bulgaria, Economic Situation, Economy, Eurostat, Lithuania, Lithuanian Parliament, Minimal Wage, Minimum Wage, Negotiations, Nuclear Plant, Outlines, Parliament, Parliamentary Elections, Perspective, Priorities, Romania, Rsquo
Wed, 11 Jan 2012: Russians swarm Lithuanian malls and resorts…
Jan 11, 2012 Lithuania
What is a surprise is the Easterners’ increasing appetite for luxury items, marking the guests’ rebounding financial situation. Renata Jakubcioniene, a representative of Akropolis, t...Tags: Akropolis, Appetite, Crowd, Easterners, Financial Situation, Foreigners, Inflation, Kazakhstan, Litas, Luxury Items, Norway, Ordeal, Renata, Rsquo, Ruble Devaluation, Russia, Russians, Shoppers, Shopping Malls, Swarm
Wed, 4 Jan 2012: Big growth in passenger numbers at Vilnius airport…
Jan 4, 2012 Lithuania
Tomas Vaisvila, managing director of Vilnius International Airport, stated that his airport was among the European airports with the fastest growth in passenger flows. “We chose the right d...Tags: Airline, Commerce Department, European Airports, Flights, Low Cost Airlines, Managing Director, Passenger Numbers, Percentage Of Increase, Right Direction, Russia, Ryanair, S Commerce, Skyways, Transaero, Vilnius Airport, Wizz Air
Thu, 22 Dec 2011: Lithuania poised to curb strong beer market…
Dec 22, 2011 Lithuania
“Most small brewers bottle their brew only in the plastic package. Therefore, any ban on them would hit them severely, requiring large investments for switching to glass packaging. The ban w...Tags: 1 Liter, Alco, Alcohol, Association President, Bailiffs, Beer Importers, Beer Market, Breweries, Brewers, Imported Beer, Investments, Lithuania, Local Market, Plastic Bottles, Sba Member
Thu, 15 Dec 2011: IKEA to announce Vilnius plans for 2013…
Dec 15, 2011 Lithuania
In exchange for the so-called “plain field” investment, Vilnius City pledges to build a road leading to the IKEA store complex from Vilnius City’s western bypass road. Lithuania&...Tags: 1 Million, Bid, Exit Roads, Extra Money, Ikea Store, Invest, Investment, Lithuania Vilnius, Lithuanian, Ministry Of Transport, Ministry Of Transport And Communications, Pledges, Presidency, Road Stretch, Rsquo, Vilnius Airport, Vilnius City, Western Bypass, Zuokas
Thu, 17 Nov 2011: Vilnius public transport innovates…
Nov 17, 2011 Lithuania
Future Vilniaus Troleibusai-made trolleybuses will be assembled in 15 days. The production cost of an Amber trolleybus is 720,000 litas (209,000 euros) for the company. “It is 30-50 percent...Tags: 17 Nov, Bulgarians, Director General, Electricity, Italians, Premises, Public Transport, Trolleybus, Vilnius, Zuokas
Thu, 17 Nov 2011: Lithuania-operated cargo train launched on China-EU route…
Nov 17, 2011 Lithuania
This cargo’s final destination was the Belgian port of Antwerp. On Oct. 6, Kazakh President Nursultan Nazarbayev and Lithuanian President Dalia Grybauskaite, during her visit to Kazakhstan...Tags: 17 Nov, Asia, Belarus, Belgian Port, China, Customs Union, Dalia, Delivery Times, Final Destination, Kazakh Language, Launch, Lithuania, Lithuanian Language, Lithuanian President, Nursultan Nazarbayev, Port Of Antwerp, President Nursultan Nazarbayev, Russia, Shuttle Cargo, Train Route