SocietyA railway connection between the international airports of Vilnius and Kaunas is considered in Lithuania in an effort to make more efficient use of the projected European-gauge railway Rail Baltica. Lithuania is the only country among the three Baltic nations planning a surplus of public finances in 2018, however, is still behind Estonia and is next to Latvia in terms of the share of the gross domestic product (GDP) redistribute via the budget, show reports of budget assessment published by the European Commission. European wind energy companies welcome Lithuania's efforts to increase the share of renewables in the total energy mix, but they view potential investments on a regional scale, Lithuanian Energy Minister Zygimantas Vaiciunas said. Vakaru Laivu Gamykla (Western Shipyard, or VLG), a Lithuanian shipbuilding and repairing group controlled by Estonia's BLRT Grupp, has purchased Norway's engineering project management company Marine Technology for an undisclosed amount of money. As from 4 December, residents of Vilnius are welcome to visit the 20th-floor balcony of the municipality of Vilnius and enjoy a special panorama of the capital city. The skyscraper, from the height of 77 metres, gives a view of the Neris River, the Old Town, Liepkalnis quarter, the Hill of Three Crosses, 4 bridges of the city, a hot-air-balloon take-off site next to the Baltasis Bridge, Gediminas Castle, towers of the churches of Vilnius and – during the Christmas season – a glittering main Christmas tree of the capital city. Euroapotheca, the owner of Eurovaistine, one of Lithuania's largest pharmacy chains, is buying a chain of nearly 160 pharmacies in Sweden for at least 170 million euros. Payments in cash remains the most popular method of paying for goods and services in Lithuania, shows a survey published by the European Central Bank (ECB). US agricultural machinery manufacturer Kinze, which has been present in Lithuania for more than four years now, is expanding its operations in the country by establishing an electronic product development center in Vilnius. Law-enforcement officials have detained eight suspects and conducted 40 searches in Lithuania and an unidentified foreign country in connection to a package waste management fraud scheme, the police said on November 27th. Of the three Baltic capitals, Vilnius is the most expensive and Riga the least expensive place to take up office space, it appears from a survey by the real estate services company Colliers. |
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