The airline Air Lituanica has won the arbitration case against the Estonian company Estonian Air. The Estonian company will have to pay LTL 3.3 million to the Lithuanian company.

The Seimas of Lithuania had decided to allocate 2% of revenues from excise duty on manufactured tobacco to the Programme for the Prevention of Use of Psychoactive Substances (Inter-institutional Action Plan) approved by the Government, the Seimas press service said.

In the first ten months of 2014 year-on-year, the number of air passengers in Lithuania increased by a tenth. However, fewer goods were transported by air. Based on the data of Statistics Lithuania, in January-October 2014, the number of passengers at airports stood at 3.3 million, by 8.9% more year-on-year.

In May 2015, the Lithuanian Armed Forces will be holding Exercise Lightning Strike (Zaibo Kirtis), one of the biggest exercises of the Lithuanian Rapid Response Force that will also examine the readiness of the mobilisation system in Lithuania for the first time in 15 years.

Storebrand Baltic, with the recent addition of an IT development branch, is the fastest growing company in the Norwegian Storebrand Group. In the last 12 months Storebrand Baltic hired over 30 skilled developers and aim to double the number in the next 12-18 months.

Parliament wants to reduce the growing pile of unpaid bills, while Council's proposal, revealed on the very last day of the budget talks, only aggravates the payment crisis, said Budgets Committee MEPs after conciliation talks between member states and the Parliament broke down on Monday night. The Commission will now present a new draft budget.

The Ministry of Environment in Lithuania took into account the prime minister's encouragement and prepared a proposal to extend for another year the programme which covers 40% of the renovation cost.

Minister of Culture Sarunas Birutis signed a law amending the evaluation of immovable cultural heritage. From now on objects marked with Soviet or Nazi symbols will not be listed as Lithuania's heritage.

The operation and the business plan of the airline Air Lituanica were assessed by independent experts. German company Lufthansa Consulting and experts of Invest Lithuania describe the company's operation as meeting the market needs.

According to Investors' Forum research data, as much as 95 percent of investors favourably view political stability in Lithuania. Businesses are building trust in authorities and are not hoping for radical reforms. These factors and the approaching euro adoption are attracting foreign investors. The Prime Minister Algirdas Butkevičius says he is pleased with research results that show investors' positive attitude towards Government efforts to improve business environment.