SocietyLithuania's biomass heating technologies supplier Enerstena will build a 6-million-euro, 20-megawatt (MW) biomass boiler plant in Belarus, marking its first project in the neighboring country. Supreme Court of Lithuania: Latvijas Tilti and Kauno Keliai had lawfully required the elimination of competition-restricting terms2016-01-09, 16:38The Supreme Court of Lithuania set aside the decisions of the Vilnius Regional Court and the Lithuanian Court of Appeal, upholding the complaint submitted by the road and bridge construction companies, Latvijas Tilti and Kauno Keliai. The Court confirmed that the terms of reference in the procurement of the construction works of two viaducts on the Vilnius-Kaunas road, amounting to EUR 12.5 million, artificially limited competition, and the signed contract is unlawful. The Court ruling is final and unappealable. Lithuania's unemployment rate stood at 9 % in early January, up by 0.6 %age points compared with a month ago, but down by 0.3 points year-on-year, data from the country's Labor Exchange showed on Tuesday. Lords LB Asset Management, an investment management company controlled by Mindaugas Marcinkevicius, one of the former ten shareholders of VP Grupe (VP Group), and other private individuals, has established Lithuania's first fund that will specialize in investments in energy and infrastructure projects in Lithuania, Latvia and Estonia, as well as in Baltic-related projects in Poland, Finland and Sweden. On January 7 air detachments conducting the NATO Air Policing Mission in the Baltic States will change over at a ceremony at Šiauliai Airbase. Having completed the four-month tour of duty, pilots and fighter jets of the Hungarian Air Force will transfer the mission to the Spanish Air Force's personnel with four Eurofighter Typhoons. A total of 19,441 new cars were registered in Lithuania in 2015, a rise of 18% from the previous year, Autotyrimai said on Monday. As Russia's gas giant Gazprom negotiated the transit of Russian gas to Kaliningrad via Lithuania, the Russian government ordered to complete the construction of a liquefied natural gas (LNG) import terminal and gas pipelines in Russia's Baltic exclave by the end of 2017. Lithuanian court seizes EUR 11.5 mln worth of Trumpa’s assets at East Capital’s request2016-01-04, 14:42Sweden's investment company East Capital accuses Antanas Trumpa, the largest single shareholder and CEO of Rokiskio Suris (Rokiskis Cheese), of unlawful actions in the provision of financial support by Lithuania's leading dairy company to Pieno Pramones Investiciju Valdymas (Dairy Industry Investment Management), a company owned by Trumpa, for the purpose of acquiring Rokiskio Suris' shares. New information portal in Lithuania simplifies immigration process for non-EU specialists and investors2016-01-03, 18:33A new information portal designed to enable highly-skilled specialists and investors from outside the EU to move to Lithuania more easily is launching this week. Invest Lithuania, the foreign direct investment development agency, has coordinated the project, which is called 'Internet Gates'. The Lithuanian Mint has signed a four-year agreement with the Assay Office of Latvia and the Latvian President's Office on the production of Latvia's state decorations. |
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