Intersurgical, an international medical device manufacturer that owns a disposable respiratory care product factory in Prabrade, not far from Vilnius, plans to invest around 10 million euros in a new production facility in Visaginas, an eastern Lithuanian town where the shutdown Ignalina nuclear power plant is located.

Vilnius district marked the year 2017 with the successful implementation of projects, efficiently attracted investments for the well-being of residents, the modern and higher quality learning environment, successfully expanded infrastructure of social services, ensured quality of social services and favorably created business environment.

According to Statistics Lithuania, in I quarter 2018, the country’s accommodation establishments received 546.4 thousand tourists, or by 7.3% more than I quarter 2017. Compared to I quarter 2017, the number of overnight stays grew by 3.8%. One guest stayed in an accommodation establishment for, on average, 2.2 nights.

BaltCap, the biggest private and venture capital fund manager in the Baltic countries, is exiting Caffeine, the company said on May 22nd, thus confirming media reports that the cafe chain is up for sale.

Experts from the International Monetary Fund (IMF) called on Lithuania to address social disparity and demographic challenges as they completed their mission in Vilnius on May 21st.

The International Monetary Fund (IMF) has called on Lithuania to approach further minimum wage increases with caution and to maintain a moderate ratio of the minimum wage to the average salary.

The state allocated around 2.1 million euros for advertizing events to mark the 100th anniversary of the restoration of Lithuania's statehood in the first quarter of 2018, figures submitted by the Kantar TNS market researcher show.

British bank Barclays' strategic centre for technologies and services – Barclays Group Operations Centre in Lithuania (BGOL) – is dismissing 285 employees, with around 800 people staying.

Soldiers deployed by NATO allies in Lithuania will introduce themselves alongside Lithuanian troops to the public of Lithuania at the Partisan Honouring, Military and Public Unity Day which will be held in Alytus, the town in southern part of Lithuania, on 19 May. Residents and guests of Alytus will be able to view combat equipment of the NATO enhanced Forward Presence Battalion Battle Group, try on gear of different NATO allies’ militaries, become familiar with activities of NATO units deployed in Lithuania and win prizes.

A four-lane road will link Lithuania and Poland by 2022, the two countries' minister say. The Polish stretch could be built a bit earlier, by 2021.