SocietyLithuania's Vilniaus Prekyba, operating the Akropolis shopping malls in Vilnius, Klaipeda and Siauliai, is reportedly looking for their buyers. But not all three malls might necessarily be sold in one transaction, sources have told the Verslo Zinios business daily. The start of the maintenance of the Lithuanian-Swedish Submarine power cable NordBalt has been postponed for more than two weeks. The international tour operator TUI Group is planning to enter the Baltic states. The European Bank for Reconstruction and Development (EBRD) has issued a seven-year loan of 20 million euros to the Lithuanian business group SBA for the expansion of its Mebelain furniture production facility in Belarus. The airports of Vilnius, Kaunas and Palanga plan to update their CCTV systems as the existing ones are outdated. Latvia’s Citadele Bank has taken the final decision on transforming its Lithuanian subsidiary into a branch, according to the bank’s statement to the Nasdaq Riga Stock Exchange. The assets of 2nd pillar pension funds operating in Lithuania exceeded 3 bln EUR and at the end of June 2018 accounted for 3,082 mln. EUR. The performance of the majority of the pension funds was better in the second quarter of this year than in the first, while the 10-year long-term return has been positive. Ten Lithuanian meat processing companies have been given the green light for exporting chilled and frozen beef and pork and beef and pork products. The number of new cars sold in the countries of the European Union in June, 2018, was approximately 1.6 mln, which is 5.2% more than the year before, while the number of cars sold in Lithuania in the first six months of the year was up 24.6% on year. Lithuania is seeking to secure all necessary funding for the dismantling of the Ignalina Nuclear Power Plant's reactors and the government is now asking the European Commission for more funds to ensure that works are not interrupted during the switchover from one EU budget period to another, Energy Minister Zygimantas Vaiciunas said on Tuesday. |
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