EconomyIn order to further expand the geography of flights from Lithuania, for the fifth time Lithuanian Airports is inviting airlines to fly passengers from Vilnius, Kaunas and Palanga airports to new destinations considered to be of particular importance for the growth of the country’s economy, promotion of inbound tourism and enhancement of international business relations. Airlines that will offer such routes will be granted financial support of EUR 200 000 from the Route Development Fund. Airlines are invited to submit their applications by 27th October of this year. In 2015, Lithuanian enterprises of most economic activities provided services mainly for residents2017-07-18, 12:17Statistics Lithuania informs that in 2015 enterprises of most economic activities provided services mainly for residents. Income received from them made up from 54.4 to 91.2 per cent of the total sales income. Lietuvos Gelezinkeliai (Lithuanian Railways) said that its first-half revenue rose by 3.1% year-on-year to reach over 205 million euros. Hella, a German manufacturer of lighting technology and electronics products for the automotive industry that will shortly start constructing a factory in the Kaunas free economic zone (FEZ), may hire a total of about 2,000 people in Lithuania. Carlsberg, one of the world's largest beer groups that operates Lithuania's beer market leader Svyturys-Utenos Alus, together with US brewery Brooklyn Brewery are investing about 5 million euros in a line of new exclusive beer in Klaipeda. Lithuania's exports stood at 10.35 billion euros in January-May 2017 and imports amounted to 11.522 billion euros, which is a respective growth by 16.5% and 16.8% year-on-year, Statistics Lithuania said on Monday. 2016 closure of the Coca-Cola factory in Alytus, southern Lithuania, caused losses in the operations of Coca-Cola HBC Lietuva, the subsidiary of the biggest producer of non-alcoholic beverages worldwide. Statistics Lithuania informs that in 2016 the gender pay gap in the whole economy excluding agriculture, forestry and fishing enterprises, stood at 13.4% and, against 2015, grew by 0.4 percentage points. To achieve sustainable growth and create jobs in the EU, boosting investment in research, innovation, infrastructure, education and SMEs is key, say MEPs. Nearly 260,000 companies and Lithuanian residents were engaged in economic activities on July 1, up by 3.8% year-on-year, Statistics Lithuania said on Wednesday. |
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