EconomyIn the second quarter of 2015, the flow of foreign direct investment (FDI) to Lithuania amounted to EUR 65.23 million, or 3.5 times more than in the same period a year ago. President Dalia Grybauskaite together with King Carl XVI Gustaf of Sweden, who is on a state visit in Lithuania, attended the Swedish Business Awards Ceremony. The Awards, which celebrate their tenth anniversary, aim at strengthening Lithuanian and Swedish business ties and highlighting business responsibility towards society and nature as well as the benefits of international cooperation in business. On Wednesday, Prime Minister Algirdas Butkevičius has met with Li Xiaopeng, President of one of the largest China's state-owned corporations China Merchants Group (CMG) and the delegation to discuss investment opportunities in Lithuania, Chinese delegation's plans for our country, and to sign a letter of intent between Klaipėda Seaport Authority, logistics services company VPA Logistics and the CMG. During September 2015, the Lithuanian company Klaipedos Nafta reloaded 393,000 tons of petroleum products into its storage tanks of Klaipeda oil terminal and Subacius fuel base (SFB), i.e. down by 6.2% compared with September 2014, when 419,000 tons were reloaded, the company said in a statement. IT and telecommunications company Teo acquires the mobile operator Omnitel from its current shareholder TeliaSonera. This allows Teo and Omnitel to meet the customers' increasing demand of converged offerings on the market including fixed, mobile, internet, TV and IT services, Teo said in a statement. EcoMin: it’s important for Latvia to agree on long-term gas cooperation with Lithuania2015-10-05, 16:31In an interview, Economy Minister Dana Reizeniece-Ozola (Greens/Farmers) points out that it is important for Latvia to agree on long-term gas cooperation with Lithuania. The fast-food chain McDonald's plans on expanding its chain of restaurants in the Baltics to 40 by 2017, the head of McDonald's in the Baltics Vladimirs Janevskis told members of the press today. In the Q2 of 2015 foreign direct investment flow into Lithuania and the Lithuanian direct investment flow abroad were increasing, the Bank of Lithuania reports. The retail turnover (including VAT) of the Apranga Group amounted to EUR 18.0 mln. in September 2015, and has increased by 9.7 % in comparison to September 2014, the company said in a statement. Statistics Lithuania informs that, based on provisional data, in August 2015, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade and repair of motor vehicles and motorcycles amounted to EUR 189.1 million and, against July, decreased by 9.8% at constant prices (seasonally and working day adjusted – increased by 0.2%). |
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