EconomyExperts predict even faster growth of Lithuanian economy in 20142014-02-03, 15:15Experts predict faster growth of Lithuanian economy which has already exceeded expectations in 2013. Lithuanian Omnitel increased investments by one third in 20132014-02-03, 11:17In 2013, earnings of telecommunications company Omnitel stood at LTL 462 million (EUR 134 million), while its EBITDA margin was at 24%. During the extraordinary meeting which was taking place on Thursday, the shareholders of Lithuania's company Lietuvos Dujos decided to initiate the arbitration proceedings against OAO Gazprom seeking to reduce the prices of gas supplied according to 16 December 1999 Gas Supply Agreement No GLi-2000 (including all subsequent amendments and supplements thereto). Russia halts pork import from EU2014-02-01, 14:59Russia announced this afternoon that a ban is on for pork and pork products crossing the border from European Union countries in wake of the swine fever outbreak in Lithuania. Kauno Energija receives court decision on case with Kauno Termofikacijos Elektrine2014-02-01, 12:42Lithuania-based energy company Kauno Energija got a notice on January 30, 2014, that Vilnius Commercial Arbitration Court made a decision on January 27, 2014, in case No 266, by which it rejected claims of plaintiff – Kauno Termofikacijos Elektrine to defendant Kauno Energija regarding debt in amount of 1,193,978.52 litas for payment for heat supplied by plaintiff in December 2012 and January 2013. NASDAQ OMX announced the winners of the Baltic Market Awards 20132014-01-31, 12:08The NASDAQ OMX Group, Inc. (NASDAQ:NDAQ) today announced the winners of the Baltic Market Awards 2013 at the Gala Ceremony. This is the eight time that companies listed on the NASDAQ OMX Baltic Market were honoured with awards for best investor relations practices and the Member of the Year. Industrialists set up Lithuanian-Chinese Council2014-01-30, 10:56The Lithuanian Confederation of Industrialist established a Lithuanian-Chinese Council. New direct route between Stockholm and Hamburg - good news for business in Lithuania2014-01-29, 10:45On April 22, SAS launches a new direct route between Stockholm Arlanda Airport and Hamburg Airport with two return flights every weekday and one return flight on Sundays. The last time SAS operated this route was 2009, but it is now being reopened in order to meet SAS passengers' needs for routes within Europe. Number of money orders sent to Lithuania in 2013 increased by 34%2014-01-28, 09:46Lithuania Post's data show that the number of money orders sent to Lithuania in 2013 has increased by 34% if compared with 2012. The number of outgoing money orders has increased by 26%, informed BC post's press service. Lithuanian BIOK Laboratorija expects EUR 5.8 mln turnover in 20142014-01-27, 11:09In 2013, Lithuanian cosmetics manufacturer BIOK Laboratorija achieved 16% yearly growth, its sales grew up to LTL 18.6 million (EUR 5.4 million). The company projects that its sales in 2014 will surpass LTL 20 million (EUR 5.8 million) mark. |
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