Wed, 19 Dec 2007: State, private energy firm keeping mum after finishing merger talks …

16 after a 12-hour session. Economy Minister Vytas Navickas said that the final agreement, which the ministry was to submit to the government for approval, would likely be reached on Dec. 18. "B...

Wed, 28 Nov 2007: Talks on nuclear plant break down…

The transformation of Lietuvos Energija into a national utility/investment company would create risks that the new plant would become dependent on Russia's electricity system, NDX Energija said i...

Wed, 1 Mar 2006: More Balts using multiple mobile phones…

Luxembourg was second with 131.9 percent, Barbados third at 131.1 percent and the Netherlands fourth at 128 percent.Darius Montvila, deputy CEO of mobile operator Bite Lietuva, said that a signifi...

Wed, 14 Dec 2005: Snaige undergoes shareholder shift…

Now we repaid the debt and settled the accounts," explained Darius Janulevicius, Hermis Capital co-owner and CEO. Hermis Capital retained approximately 1 percent of Snaige, while Survesta, which w...

Thu, 13 Nov 2003: Eesti Energia wants Lithuanian grid…

7 that it had found finance from a consortium of Lithuanian banks, calling the facility the largest-ever loan in the Baltics without a state guarantee. Though the company declined to name the bank...

Thu, 11 Mar 1999: Williams will stay in Lithuania…

concern were planning to sign the deal under which Williams acquires 33 percent of Mazeikiu Nafta's shares March 8, but the signing was postponed.Last week, Respublika reported that monetary loss...

Thu, 19 Nov 1998: Butinge terminal partially completed …

22 for 8.8 million Dutch guilder ($4.7 million).Ivan Doloshicki, general manager of Butinges Nafta, said the work that Smit has done at Butinge was beyond his expectations."The company has worked ...
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