Auditors have slammed Vilnius municipal heating company, Vilniaus Šilumos Tinklai (VŠT, Vilnius Heating Grid), for extending multi-million-euro loans to...
Estonian Tallink's majority owner Infortar examined ways to acquire the Lithuanian airline Air Lituanica , but the transaction did not go through, Aripaev...
Vilnius City Municipality has turned to the Prosecutor General 's Office asking to investigate if the capital of airline Air Lituanica was formed legally.
A court has ordered a freeze on all of the assets of Air Lituanica , a defunct airline that is indirectly owned by the city of Vilnius .
Air Lituanica , an already defunct airline established by the city of Vilnius , will try to open bankruptcy proceedings in court.