Wed, 1 Jun 2011: Search for LNG partner underway…

It is expected to end territory planning works by mid-July, while a revised construction timetable will be approved in early June. “We are starting the work on our own, that is, the company...

Wed, 16 Mar 2011: Kallas bros. deliver in 3D…

The set is portable and can easily be adjusted for special purposes. Without a lens, the device weighs four kilograms and enables the playing of a recorded 3D-picture at the film set. Until toda...

Thu, 22 Apr 2010: Lithuania enjoys FDI flows…

By country, projects were Russian (seven projects), Finnish (five projects), Norwegian and U.S. (four each), as well as the UK (three projects) companies. Managing Director of Invest Lithuania M...

Wed, 7 Sep 2005: Kraft to pay whopping dividend…

An extraordinary shareholder meeting decided that the U.S. company, which owns 99.44 percent of the Lithuanian company, will be paid 123.3 million litas (35.7 million euros) in dividends.Kraft Foo...

Thu, 10 Jul 2003: State gives investor huge break…

investor bought 33 percent of the oil refinery's shares and operational control of the oil complex. The revisions took effect July 8, the day of the signing.The government and the refinery's new s...

Thu, 3 Jul 2003: U.S. opportunity in EU integration…

business interests depends on the specifics of those interests."It depends on what kind of activities the U.S. company is undertaking, when [the companies] were established, if they have investmen...

Thu, 4 Nov 1999: Mazeikiu Nafta to slow down…

On Oct. 29, the Lithuanian government sold 33 percent of Mazeikiai Oil to the U.S. company Williams International, following which $225 million were immediately deposited in the Lithuanian refiner...

Thu, 5 Aug 1999: U.S. company becomes new distributor…

Mathot, director of Cargill's global fertilizer operations, said the company will oversee the production quality and distribution of the Lithuanian company's products but will not interfere in its...

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, 4 Mar 1999: Lithuania, Williams delay signing deal…

Williams maintains that the plant's working capital at the end of 1998 was lower than a year before, insisting that the government should cover the difference.The U.S. company also wants to be sur...

Thu, 19 Nov 1998: Summed up…

The U.S. company requested a lower price for electricity and asked to exempt it from equipment and raw material import taxes for 10 years. The Economics Ministry has not announced their stand on t...

Thu, 27 Aug 1998: Amoco withdraws from Latvia…

Each country wants to gain territorial rights over the possible oil deposits in the Baltic Sea.Latvian Foreign Minister Valdis Birkavs announced Latvia has not managed to find a foreign company to...

Thu, 30 Jul 1998: NRG hopes three’s a charm: U.S. electricity firm hopes for share of Narv…

The final decision could come by the end of September."We are willing to wait until the end of September because we are content with the proceedings so far," said Lauri.Peterson said NRG Energy wo...
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