Business

InnoHub Lithuania has been officially opened in Silicon Valley (USA), the Ministry of Economy and Innovation reports.

BaltCap private equity fund, the concessionaire of the National Stadium in Vilnius, which is undergoing construction, has confirmed that it is looking for an investor for this project, reports Verslo žinios.

The Lithuanian Trade Unions’ Confederation says a higher corporate tax on business and progressive taxes would be the right instruments to secure more funding for defence.

Minister of the Economy and Innovation Aušrinė Armonaitė is paying a working visit to California from 29 January to 2 February, where she will open the Lithuanian national stand at the Photonics West 2024 laser exhibition. A total of 22 companies from the country’s laser sector are participating in ...

In 2022, Thermo Fisher Scientific Baltics, Vilniaus prekyba and SEB were among the top profit earning companies that paid out the highest dividends, reports business news website vz.lt (Verslo žinios).

Medicinos bankas will change its name becoming Urbo bankas on 1 February. The decision was made at an extraordinary general meeting of shareholders on 29 January.

The Ministry of the Economy and Innovation has drafted amendments to the Law on Alcohol Control, which were approved by the Government on Wednesday, in order to reduce administrative burdens and create more favourable competitive conditions for businesses.

SEB Lithuania has published its latest economic projections on Tuesday. The bank upheld its previous forecast of 1.5% gross domestic product (GDP) growth for Lithuania in 2024 and 2.8% for 2025. Earlier projections were originally issued in November 2023.

The European Gas Transmission System Operators Gasgrid Finland (Finland), Elering (Estonia), Conexus Baltic Grid (Latvia), Amber Grid (Lithuania), GAZ-SYSTEM (Poland) and ONTRAS (Germany) participating in the international project for the creation of the Nordic-Baltic Hydrogen Corridor have signed a...

UAB Textilite, clothing retailer owned by UAB Grosso Moda Lithuania of Norwegian capital, is facing bankruptcy proceedings, Verslo žinios reports.

Former MP Dalia Teišerskytė has passed away on 27 November aged 79, reports news website žmonės.lt.

Austrian Airlines will increase the frequency of flights between Vilnius and Vienna starting April 2024.

AB Ignitis grupė (the Group) on Tuesday said that on 30 October its subsidiary UAB Ignitis renewables (Ignitis Renewables) completed the acquisition of 100% of the shares in two companies developing an onshore wind farm in the Kelmė district owned UAB E energija.

British Airways’ first flight from London Heathrow to Latvia, in more than 15 years, touched down at Riga International Airport (RIX) on Sunday at 7 p.m. local time, the airport said in a press release.

By continuing to invest in renewable energy and promoting its use in operations, energy trader and convenience store network AS VIRŠI-A is significantly expanding its cooperation with Latvian producers by providing renewable electricity at all Virši service stations, the company said in a press rele...

Switzerland-based EuroChem Group AG plans to initiate a temporary conservation process of its AB Lifosa fertiliser factory, which is located in Kėdainiai, central Lithuania.

Finance Minister Gintarė Skaistė on Friday formally submitted the updated national economic recovery plan “New Generation Lithuania” to the European Commission (EC), the ministry said in a press release.

Nekilnojamojo turto plėtros bendrovė „Hanner“ pradėjo verslo centro „Business Stadium Central“ sostinės Rinktinės gatvėje statybas. Siekiant, kad darbai vyktų sparčiai, pasirinkti du rangovai – „Klaipėdos monolitas“ ir „Fortesta“. Bendros investicijos į projektą sieks 60 mln. eurų, rašoma pranešime ...

May 24th, 2023, Baku Business University (BBU) awarded the title of Honorary Professor of Baku Business University to Mykolas Romeris University (MRU) Academic Affairs Centre Head Assc. Prof. Inga Juknytė-Petreikienė. She was recognized for “great contributions to the development of international re...

Мосгорсуд приговорил к срокам от 18 до 22 лет заключения троих исполнителей убийства известного предпринимателя и спортивного деятеля Шабтая Калмановича, расстрелянного в Москве в 2009 году, сообщает Business FM.