SocietyVery soon, guests driving to pick someone up from Vilnius Airport will be able to use a larger short-term car park. Car park, located right in front of the Arrivals Terminal, will be equipped with 10 new parking spaces by the end of July. Lithuania's wheat starch and gluten producer Roquette Amilina posted 16.351 mln euros in consolidated net profits, up 29.5% from 12.627 mln euros in 2016. Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways) will pay 34 mln euros in dividends to the state for 2017, in the largest dividend payments since 2012. Lithuania'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 The airports of Vilnius, Kaunas and Palanga plan to update their CCTV systems as the existing ones are outdated.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. |
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