EconomyPanevezio Statybos Trestas's income increases by 5.2% in 3 quarters2013-11-29, 16:51Lithuania-based construction company Panevezio Statybos Trestas's Group had income in the amount of 222.1 million litas in January-September 2013, that was by 5.2% more than during the same period last year. SEB: Baltic countries continue to be the EU’s economic growth leaders2013-11-28, 11:50Latvia's gross domestic product growth will be 4.5% to 5% over the years 2014-2015, believes SEB banka macroeconomic expert Dainis Gaspuitis. Estonians expand network of parcel terminals in Lithuania2013-11-27, 19:00From Thursday, company Post24 managed by Estonia-based logistics and mail company Eesti Post (Estonian Post) launches expansion in Lithuania. Lithuanian Shipping Company (LSC) – confirmed unaudited interim financial reports prepared according to the International Financial Reporting Standards for the period of six months of year 2013, ended on 30 September, 2013, whereas the income during January- September, 2013 was 72.1 million litas, and, if compared to the same months of 2012 income of 60.3 million litas, has increased by 19.6 percent. FinMin: Lithuania's ambitions to adopt euro are measured2013-11-26, 16:15According to Lithuania's Minister of Finance Rimantas Sadzius, the development of Lithuania's economy allowed to hope that the country was to satisfy the Maastricht criteria and was to adopt the euro in 2015. In the third quarter of 2013, as compared to the same period in 2012, the investments into long-life tangible assets increased by LTL 4.6 billion (EUR 1.3 billion) or 16%, reports LETA/ELTA, referring to the statistic's department. EU's long-term budget: how it all adds up2013-11-24, 09:20Doing more with less: the agreement for the EU's budget for 2014-2020, which was approved by MEPs on 19 November, will for the first time see funding decline compared to the previous long-term budget. However, this does not mean that the EU will be any less ambitious. In talks with the Council and the Commission EP negotiators have pushed hard to ensure the best use of each available euro. For more about how the money will be invested, check out our infographic. Klaipedos Nafta selects Nordea bank to provide bank guarantee2013-11-24, 08:10On 22 November 2013 the winner of the public procurement Procurement of Financial Services (Bank Guarantee) (hereinafter, the Procurement) by way of simplified negotiated procedure with publication of a contract notice of AB Klaipedos Nafta (hereinafter, the Company) was selected Nordea Bank Finland Plc Lithuanian branch (hereinafter, the Bank). In Q3, gross earnings in Lithuania grew by 2.3%2013-11-23, 15:08Statistics Lithuania informs that in III quarter 2013 average gross monthly earnings in the whole economy (individual enterprises excluded) amounted to LTL 2305.3: in the public1 and private sectors – LTL 2409.7 and 2246.4 respectively. Changes in agriculture funding2013-11-22, 18:12During the current session of the European Parliament in Strasbourg, Members of the Parliament accepted amendments to the program of the Common Agricultural Policy (CAP) for 2014 - 2020. MEP Valdemar Tomaševski, the only member from Lithuania working in Agriculture and Rural Development Committee of the European Parliament, had a speech in the debate. |
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