Lithuania must speed up the overhaul of its forestry enterprises as part of efforts to join the Organization for Economic Cooperation and Development (OECD) in 2018, Prime Minister Algirdas Butkevicius said on May 11th.

Lithuania's second-biggest beer producer Kalnapilio-Tauro Grupe (Kalnapilis-Tauras Group), which is owned by Denmark's Royal Unibrew, posted revenues of 10.67 million euros in the 1st quarter of 2016, down by 2.3% year-on-year.

Lithuania's insurance market, as measured by premiums written, grew to 159.206 million euros in the first quarter of the year 2016, up 5.6% from 150.723 million euros in the same period last year.

Lithuanian textile dyeing company Scandye, which is operated by Devold, Gabriel AS and Amber Holding companies, raised its revenue by a fourth n 2016, posting threefold profits – the growth was due to increase in orders from shareholders, discovery of new clients and better efficiency.

The European Parliament in Strasbourg opens its doors to the public on 8 May, giving you the chance to visit the building and enjoy a range of activities to mark Europe Day. It is also an opportunity to find out more about the European Union and the Parliament and how it works.

Archbishop Gintaras Grusas of Vilnius expects that at least 10,000 people will take part in the National Congress of Mercy in Lithuania this week.

Ryanair, Europe’s favourite airline, today (4 May) celebrated its 5 year anniversary at Vilnius Airport since it began operations in 2011. This summer Ryanair offers Vilnius customers a choice of 15 routes including Barcelona, Dublin, London Stansted & London Luton, Madrid, Milan Bergamo and Rome Ciampino.

Lithuania's postal and courier services market, as measured by revenue, grew to 120.8 million euros last year, up 10.8% from 109 million euros in 2014, the country's Communications Regulatory Authority said on May 3rd.

The Palace of the Grand Dukes of Lithuania hosted the commemoration of the 225th anniversary of the Constitution of 3 May 1791 (The Government Act adopted by the Sejm of the Kingdom of Poland and the Grand Duchy of Lithuania and the Mutual Pledge of the Two Nations of 20 October 1791).

An international consortium led by the aviation consultancy firm InterVISTAS has been selected as the preferred bidder for the signing of a contract with the Lithuanian Ministry of Transport and Communications and State Enterprise Lithuanian Airports to provide consultation on the structuring and implementing of Lithuanian airport concession procurement.