EconomyLithuania will complete Rail Baltica by 2026, the country's deputy transport minister said on Wednesday after European auditors warned that the European standard-gauge railway project may run well over budget and behind the scheduled completion date. Workers from Ukraine, Belarus can come to Lithuania more easily after lockdown ends2020-06-19, 16:34Workers from Ukraine and Belarus can come to Lithuania more easily after the end of quarantine in the country. The NordBalt power interconnection between Lithuania and Sweden is back in service after an outage of more than a week that was among the reasons behind a surge in electricity prices across the Baltic region. Lithuania used more energy resources in 2019, and the country remains dependent on imported energy. A major increase in the flow of passenger vehicles has been recorded on the Lithuanian-Polish border since Saturday afternoon after border controls were lifted. Lithuania's electronics and household appliances wholesaler ACC Distribution on Friday reported 241 million euros in revenue for 2019, up 1.4 percent from 238 million euros in 2018. Tour operator Tez Tour will resume flights to foreign resorts as of July I after GetJet Airlines received the Lithuanian Transport Safety Administrations's permission for flights to Greece and Bulgaria on Friday. The average wholesale electricity price went up by 5 percent in Lithuania in May, from April, but still remained the lowest in the Baltic states. Ziticity, a company founded in Lithuania that has Estonians among its investors, has started providing courier services in Estonia. AML Analytics, a UK-based regulatory and supervisory technology (Regtech/Suptech) company, is to open an IT development office in Vilnius, Invest Lithuania said on June 9th. |
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