SocietyDominari, a Lithuanian company owned by Swiss-registered Dominari Holding SA, looks set to become one of the largest furniture factories not only in Lithuania, but also in Eastern Europe, with plans to have over 110,000 square meters of premises in the first stage of expansion. Lithuania's wood processing and furniture production group VMG is planning to expand its operations in Belarus, the business daily Verslo Zinios reported on November 6th. The military equipment from the United States that has been brought to Lithuania for Iron Sword 2015 exercise will stay in the Baltic state after the US troops finish their exercise. Since the start of a new inland navigation season, Lithuanians will be able to sail to Belarus on the Nemunas River on canoes and small boats. Two thirds of Lithuanians trust insurance companies and the same number of people is suspicious of instant credit companies. In 2015, Lithuania has been listed among three countries in the region that are most favourable to business in terms of the simplicity of procedures for issuing documents that permit construction. The results of reform on the issuance of construction documents implemented by the Ministry of Environment have received a high rating by the Organisation for Economic Co-operation and Development. The Tripartite Council in Lithuania – consisting of representatives of the Government, employers and employees – has reached an agreement that the minimum monthly wage would be raised to EUR 350 from 1 January 2016. Small Planet Airlines enters into partnership with world’s leading travel company Thomas Cook2015-11-02, 12:30Leisure carrier Small Planet Airlines GmbH has signed an agreement with Thomas Cook, one of the world's leading travel companies. In the summer of 2016, the aircraft of Small Planet Airlines GmbH will carry Thomas Cook passengers from its Paderborn base in Germany to Mediterranean resorts. President Dalia Grybauskaitė paid an official visit to the Vatican to meet with Pope Francis. Energy service company Vilniaus Energija has informed the Lithuanian Labour Exchange about the planned reorganisation which will result in the laying off of 114 employees of Vilnius Combined Heat and Power Plant TE-3. |
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