EconomyThe unaudited year 2014 retail turnover (including VAT) of Apranga Group reached EUR 183.5 million (LTL 633.5 million), and has increased by 8.5% comparing to 2013, the Group said in a report. Preliminary data of the automotive research company AutoTyrimai shows that in December of 2014 registration of new passenger vehicles (M1 and N1) increased by 0.5% to 1,182 vehicles in Lithuania. Eurogroup President Jeroen Dijsselbloem congratulates Lithuania on joining the euro area. The network of Nordic Choice Hotels, which includes Comfort Hotel LT – Rock'n' Roll Vilnius located in Lithuania's capital, will allow to pay for services using Bitcoins, a digital currency. AB ITAB Novena, a Swedish producer of equipment for shops, will build a new 10,000 square metre factory close to its current plant in Kaunas. Construction of the new facility, which will receive LTL 10 million (EUR 2.9 million) of investment, will begin next summer. As of 1 January, Lithuania will become a full member of the Eurozone. In his address to the Lithuanian population Prime Minister Algirdas Butkevičius has pointed it out as great achievement for the country, not only guaranteeing economic security, but also providing a possibility to pursue greater financial stability and sustainable economic development. Ukio Bankas starts sale of creditors' claims of EUR 54.86 mln in Russia and Lithuania2014-12-31, 12:51The bankruptcy administrator of the bankrupt bank Ukio Bankas, BAB has launched the public sale of creditors' claims of EUR 54.86 million package in Russia and Lithuania. According to the data of Statistics Lithuania, in October 2014, compared with September, Lithuania's export prices decreased by 1%, while import prices decreased by 1.4%. On Tuesday, 23 December, Philip Morris announced the launch of a new LTL 137 million (EUR 40 million) investment project to expand its factory in Klaipeda. As of 1 January 2015, cross-border transfers in euro and crediting of euro into accounts are to cheapen to the domestic transfers' level. This is suggested by information from all commercial banks operating in Lithuania on payment service fees after the adoption of the euro. In addition, the clearing of the so-called non-express transfers in Lithuania will take place on an hourly basis. |
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