![]() EconomyRetail trade and catering in Lithuania grew by 0.7% in August2013-09-30, 08:21Statistics Lithuania informs that, based on provisional data, in August 2013, the turnover (VAT excluded) of enterprises engaged in retail trade* amounted to LTL 2608.8 million; against July, it increased by 0.7% at constant prices (seasonally adjusted, it increased by 0.5%). EU programmes for research and small firms in 2014-2020 approved2013-09-28, 18:19Attracting new participants, strengthening support for small firms and better controlling EU spending are the key aims achieved by Industry and Research Committee MEPs on Thursday when they approved the research and innovation programme Horizon 2020 and the SMEs programme COSME. Economic Sentiment rises further in both the euro area and the EU2013-09-28, 16:48In September the Economic Sentiment Indicator (ESI) increased by 1.6 points in the euro area (to 96.9) and 2.4 points in the EU (to 100.6). The sharp increase in the EU brought the indicator above its long-term average for the first time since July 2011. Construction input prices in Lithuania increased by 4.5% in August2013-09-28, 11:43Statistics Lithuania informs that construction input prices in August 2013, against July, increased by 0.6%. Over the year, construction input prices increased by 4.5%. Retail trade and catering in Lithuania grew by 0.7% in August2013-09-27, 18:29Statistics Lithuania informs that, based on provisional data, in August 2013, the turnover (VAT excluded) of enterprises engaged in retail trade* amounted to LTL 2608.8 million; against July, it increased by 0.7% at constant prices (seasonally adjusted, it increased by 0.5%). City Service group expands to Spain2013-09-26, 18:02On September 25, AB City Service has acquired a company active in Spain, Aldesa Servicios y Mantenimiento S.A. (enterprise code A-84659614, headquarters registered at Bahia de Pollensa 13, Madrid), operating under Concentra trade-mark. AB City service acquired 100% of company shares and as a part of the transaction bought loans from former shareholders. Total price paid for the loans and shares of the company amounted to EUR 7,345 million. As of 31 July 2013 company shareholders' equity and loans provided by the former shareholders book value amounted to EUR 7,5 million (based on unaudited accounts). Wizz Air: 30% growth in Vilnius in 20142013-09-25, 16:54Wizz Air the largest low-cost airline in Central and Eastern Europe, today announced the 3rd aircraft for its Lithuanian base at Vilnius airport. The new Airbus A320 aircraft will be delivered in Vilnius in March 2014. IMF states that the economic growth in Lithuania remains stable2013-09-24, 16:45Representatives of the International Monetary Fund (IMF) stated that Lithuanian economic growth was stable and all the macroeconomic measures have been implemented very well. The meeting was held in Vilnius with the presence of the Prime Minister of Lithuania, Minister of the Finance of Lithuania and the President of the Central Bank of Lithuania. Polish economy shows signs of revival2013-09-23, 19:34The low point for the economy was the first quarter, when Poland's gross domestic product grew by only 0.5 per cent; that quickened to 0.8 per cent in the second quarter. The spectre of recession threatening Europe's only economy to enjoy more than two decades without a contraction seems to have receded. Lithuania's FinMin: restrictions on settlement in cash as way to fight against black economy2013-09-22, 10:18Lithuania's Ministry of Finance prepared and issued the law draft which put the restriction on the natural persons and legal entities and their settlement in cash, reports LETA/ELTA. |
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