EconomyFDI in Lithuania decreases by EUR 136 mln at end-Q22014-01-06, 18:44Statistics Lithuania and the Bank of Lithuania inform that at the end of III quarter 2013, compared to the end of II quarter 2013, cumulative foreign direct investment (FDI) in Lithuania decreased by LTL 479.2 million (EUR 136 million), while compared to 30 September 2012, it increased by LTL 1.1 billion (EUR 314 million). Invest Lithuania and Enterprise Lithuania will not merge2014-01-05, 09:45The company Invest Lithuania and the company Enterprise Lithuania will not be merged together. This was confirmed by Minister of Economy Evaldas Gustas during his press conference on Friday. Lithuanian milk products were not exported to Russia during 3 months2014-01-04, 15:08Russians had no opportunity to taste Lithuania's milk products for 3 months. However, Russia decided to recall the restrictions on the production of Lithuania's company Pieno Zvaigzdes. Louvre Hotels open first hotel in Lithuania2014-01-03, 15:42On of the biggest hotels group in the world Louvre Hotels Group opens its first hotel Campanile in Lithuania. The Campanile Vilnius Airport Hotel is the first Louvre Hotels Group's hotel opened in the Baltic States. AFP writes about Latvia's switch to euro2014-01-02, 14:38Latvia's Prime Minister Valdis Dombrovskis symbolically withdrew a crisp 10 euro note as fireworks lit up the capital Riga after midnight Wednesday, ringing in the New Year and his country's entry into the troubled eurozone, the AFP news agency writes in a special article. In Lithuania less cargo, but more passengers transported in Q32014-01-01, 08:42According to preliminary data of Statistics Lithuania, in the third quarter of 2013, all types of transport carried 28.7 million tonnes of goods, or by 0.4% less year-on-year. 50.2% of goods were carried by road transport, 41.8% – by railway transport, 6.2% – by maritime transport, 1.8% – by inland waterways transport and 0.001% – by air transport. The Lithuanian electricity transmission system operator Litgrid AB and Lithuanian business support agency (LBSA) signed the last funding contracts this year, according which the 2 projects of the high-voltage electricity infrastructure were to be funded by LTL 2 million (EUR 579 thousand). NIB considers possibility to fund Klaipeda LNG terminal2013-12-30, 16:04The Nordic Investment Bank (NIB) which is constantly funding various projects which are seen to contribute to the improvement of the competiveness in the Nordic and Baltic countries is considering the possibility to fund the Lithuania's project of the Liquid Natural Gas (LNG) terminal. Lithuanian ex-politician Jagminas establishes new poultry farm complex for EUR 2.3 mln2013-12-29, 12:02Chickens for fattening were moved from AB Kauno Grudai to Jonas Jagminas' farm in Moletai District. It will be the fifth such farm owned by the politician's family. Member states back the agreement achieved by the Lithuanian presidency on the Roadworthiness package2013-12-28, 18:03The Committee of Permanent Representatives (COREPER I) examined and endorsed the final compromise text, which was agreed by the Lithuanian Presidency and the European Parliament on the Roadworthiness legislative package, which consists of three legislative proposals aimed to upgrade regulatory requirements for inspection of in-use vehicles (periodic technical inspections and roadside inspections of commercial vehicles) and registration documents. |
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