SocietyThe transport ministers from Latvia, Lithuania and Poland will on Monday inspect the Mazeikiai-Renge railway section Lithuania dismantled over a decade ago and has recently started rebuilding. The number of Global Business Services (GBS) centers in Lithuania grew from 70 to 78 last year and the sector created 2,000 new jobs, an increase of 13% y-o-y. In order to promote green gas production in Lithuania, the natural gas transmission system operator Amber Grid will start providing businesses with guarantees of origin for gas produced from renewable energy sources. Statistics Lithuania informs that in 2018, based on provisional data, absolute (100%) alcohol consumption per resident aged 15 and older amounted to 11.2 litres (by 1.1 litres less than in 2017). As the three Baltic countries prepare to synchronize their power grids with the Continental European system, the so-called "connection agreement" has come into force. Investigators suspect that illegal workers from Ukraine and Belarus were hired for reconstruction works on Vilnius' landmark Gediminas Hill. Men's gross monthly wages in Lithuania exceeded those of women by 156.3 euros on average in the first quarter of 2019, according to figures released by Statistics Lithuania. Capital Mill, an Estonian company investing in commercial real estate, is about to build a nine-story office building in the Lithuanian capital Vilnius for an estimated 35 mln euros. The structure is expected to be completed in fall 2021, Capital Mill announced on Monday. The volume of construction work carried out in Lithuania increased by 14% in Q1 20192019-05-27, 12:04In I quarter 2019, the volume of construction work carried out in the country amounted to EUR 535.1 mln at current prices, and against the previous period, seasonally and calendar adjusted, increased by 14% (unadjusted – decreased by 40.6%). By resolution of the Board of the Bank of Lithuania, UAB INVL Asset Management was imposed a €140,000 fine for two legislative breaches identified during its inspection, informed Bank of Lithuania. |
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