EconomyLietuvos Gelezinkeliai (Lithuanian Railways) will begin to transport Lithuania-bound postal items from China within the country's territory for the first time this year, with the first trial shipment scheduled for May. The franchise holder for IKEA in the Baltic countries and Iceland is about to establish a digital development team in the Lithuanian capital Vilnius to speed up digital transition for the company in Estonia, Latvia, Lithuania and Iceland. Polish transport and logistics company Laude is setting up its business in Lithuania's second-largest city of Kaunas and has established a new company, Laude Baltica. US pharmaceutical giant McKesson confirms it's setting up service center in Vilnius2019-04-13, 12:42US-based pharmaceutical wholesale giant McKesson has confirmed to that it is setting up a financial service center in Vilnius and has already established a company, McKesson Business Services Lithuania. A total of 27,700 real estate units changed owners via purchase and sale transactions in Lithuania in the first quarter of 2019, a rise of 6.4% y-o-y, according to preliminary data from the Center of Registers informed. Germany's online bank N26, which paused operations in Lithuania and Latvia due to uncertain circumstances early this year, plans to resume services in Lithuania in the near future. Polish Prime Minister Mateusz Morawiecki, currently on a visit to Lithuania, has pledged that Polish oil giant Orlen will expand its operations in Lithuania. US internet giant Google, which has obtained an e-money license in Lithuania but is not offering payment services in the country yet, is relocating payment services from Britain to Ireland amid uncertainty due to Brexit. Britain's artificial intelligence and data science company Satalia has purchased 100 percent of shares in Lithuania's software and automation solutions firm Data Dog. Some 11,505 new passenger cars were registered in Lithuania during the first three months of 2019, up 59 % from 7,239 in the same period last year, the market research company Autotyrimai said on Monday. |
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