SocietyEnterprise Investors, one of the biggest private equity firms in Central and Eastern Europe, has canceled the planned sale of the Lithuanian tour operator Novaturas to Poland's largest tour operator Itaka Holding and is considering floating the Lithuanian company on the Vilnius and Warsaw stock exchanges. The 23rd UN climate summit takes place in Bonn, Germany, on 6-17 November. What is the focus of COP23 after the Paris agreement? What are the challenges? A recent visit to Lithuania by Rafal Kozlowski, the chief executive officer of PKO Bank Hipoteczny, has again fueled rumors about plans of one of Poland's biggest banks to expand to Lithuania. Market participants and analysts applaud the possible PKO accession and predict that acquisition of Nordea-DNB joint bank Luminor would be one of the most realistic scenarios. Lithuania's largest companies have improved their average transparency score over the past three years, with the ranking topped by the telecoms services providers Tele2 (100 points) and Telia Lietuva (98 points) and the grocery chain Maxima LT (96 points), according to a study by Transparency International (TI) Lithuania. Lithuania's oil product and liquefied natural gas (LNG) terminals operator Klaipedos Nafta (Klaipeda Oil) expects its 2017 annual net profit to be close to or slightly higher than last year's 13.8 million euros. Apranga, the largest Baltic clothing retailer controlled by MG Baltic concern, posted a consolidated profit of 10.522 million euros in the first nine months of 2017, up by 32.9%, from 7.918 million euros, year-on-year, the company said via the Nasdaq Vilnius stock exchange. The European Commission's Directorate-General for Mobility and Transport said that the general cost-benefit analysis of the Rail Baltic railway project is in accordance with the European Commission's standards for compiling cost-benefit analyses. Lithuania’s Klaipėda Free Economic Zone (FEZ) is investing EUR 2.7 into a 6,000 sq. m universal production building for prospective investors, the first of a kind in the Baltics and Poland. It will allow setting up and starting of production within just 3 months. The construction is scheduled to be completed in the spring of 2018, and negotiations with two potential tenants from Western Europe and Asia are already underway, informed Klaipėda FEZ marketing manager Neringa Petrauskaitė. Seimas solemnly marked the 25th anniversary of the Constitution of the Republic of Lithuania2017-10-28, 14:35On 25 October 2017, the Seimas hosted a solemn commemoration dedicated to mark the 25th anniversary of the Constitution of the Republic of Lithuania. Lithuania and Luxembourg plan to sign on October 26th a deal on the renewable energy quota, President Dalia Grybauskaite said, adding that this will be the first such agreement in Europe. |
|
© 2013 All rights reserved to the public enterprise ‘L24plius’. |