EconomyState-run Lithuanian energy group Lietuvos Energija (Lithuanian Energy) plans to increase green generation capacities and expand its operations in international markets by 2030. Lithuanians are becoming serious investors in solar energy in Poland: Sun Investment Group, jointly with the E-Energija Group, is building solar power plants with a total capacity of almost 43 megawatts (MW) and Lithuanian-owned Modus Group is also developing solar projects in the neighboring country, the business daily Verslo Zinios reported on May 22nd. Hoegh LNG Lietuva, a Norwegian company leasing FSRU Independence LNG storage vessel to Lithuania, paid 2 million euros in dividends for 2016 to its UK-registered shareholder Leif Hoegh. The number of foreigners coming to Lithuania to work has more than doubled in 2018, new figures show, amid the government's plans to introduce restrictions on work-related immigration. In Q1, the number of building permits for the construction of new buildings in Lithuania increased by 56%2018-05-20, 15:42Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System the Republic of Lithuania (IS) Infostatyba, in I quarter 2018, against I quarter 2017, the number of building permits issued for the construction of new buildings (hereinafter referred to as the building permits) increased by 56%, of which for the construction of new residential buildings – by 59%. A growing number of Lithuanian products become available on the UK market of Amazon, one of the world's largest e-commerce platforms, the business daily Verslo Zinios reported on May 17th. Lithuania's central government and local authorities collected a total of 2.675 billion euros in budget revenue between January and April, some 24.2 million euros, or 0.9%, above the projected level. German low-cost grocery chain Lidl' arrival in Lithuania two years ago and a drop in alcohol sales might have had impact on lower profits of major retailers in Lithuania last year, the vz.lt business news website writes. Power interconnections with Sweden and Poland -- NordBalt and LitPol Link -- have helped Lithuanian consumers to save 69 million euros since 2016, the chief executive officer of the transmission system operator Litgrid said on May 11th. Lithuania's unemployment level fell by 0.8 percentage points in the first quarter of 2018 from a year earlier to 7.2%, according to the results of a population employment survey released by Statistics Lithuania on May 11th. |
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