EconomyLithuania's PayPost outlets overtake banks in customer serviceLithuania's PayPost outlets overtake banks in customer service2014-05-21, 17:42The customer service rate at PayPost outlets makes 89.6%. According to the research conducted by the company Dive Lithuania, this rate is 4.6% higher than the one in the banking sector in general. The research of this kind has been carried out for the first time ever. Lithuania has 1.1 bln litas net foreign investment outflow in March2014-05-20, 14:00In March 2014, excluding official reserve assets, a net foreign investment outflow (1.1 billion litas) was recorded in Lithuania, the Statistics Departement of the Bank of Lithuania said in a statement. AgriMin: all milk producers in Lithuania should cooperate2014-05-19, 12:04The Ministry of Agriculture in Lithuania is constantly trying to gather all milk sector members behind the negotiation table and urges all milk producers to cooperate. Central bank: Lithuania is in accordance to euro area standards2014-05-18, 14:13The economic indicators that will determine the decision of the European Union institutions regarding Lithuania's preparedness to become a member of the euro area, became clear. The reports prepared by the European Central Bank (ECB) and the European Commission (EC) on the country's economic and legal convergence will be based on data from 15 May, the Bank of Lithuania said. Lithuanian banks projecting moderate loan portfolio growth in 20142014-05-17, 15:27Commercial banks surveyed by the Bank of Lithuania claim being conscious of the increasing demand for loans and indicate having eased their credit standards. Growth in the credit portfolios for business and residents in 2014 is expected to be moderate. In January-April, Lithuanian budget received EUR 1.6 bln in revenue2014-05-16, 15:13Based on the data of the Ministry of Finance, in January-April 2014, the state and municipal budgets received LTL 7.130 billion (EUR 2.065 billion) in revenue. It is by 1.2% or LTL 84 million (EUR 24.3 million) more than projected and by 8.6% more year-on-year. Cvmarket: most Latvians and Lithuanian plan to find a new job2014-05-15, 15:0666% of Latvian residents are planning to find a new job during the next six months, 26% said they do not plan to do this, but 8% have not thought about it, a poll carried out by Cvmarket.lv indicates. Ergo concludes Q1 with profit of EUR 1.98 mln in Baltics2014-05-14, 13:53According to International Financial Reporting Standards (IFRS), the amount of Ergo premiums written in the first quarter of the year 2014, exceeded EUR 39.2 million in the Baltic States. Lithuanian-based Lukoil Baltija fined EUR 3.42 mln2014-05-13, 15:17The Competition Council has imposed a fine of LTL 11.8 million (EUR 3.42 million) on UAB Lukoil Baltija for implementing concentration without authorisation from the Competition Council, and obliged the company to eliminate deficiencies. New Lithuanian CEO seeks for international expansion of Senukai2014-05-12, 10:32Starting from May 5 the former director of the ISM University of Management and Economics – Dr. Nerijus Pačėsa, took the position of Managing Director of UAB Senukų prekybos centras. He replaced former long-time director, Saulius Raudys. |
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