Lithuanian Confederation of Industrialists
30 straipsnių
The fifth annual Traditional and Renewable Energy Forum will take place on May 10 in Vilnius.
Lithuania is making the transition from to a developed market-economy capitalism but it is creating negative side- effects, said Robertas Dargis, president of the Lithuanian Confederation of Industrialists.
The government has approved a proposal to simplify the procedures for granting temporary residence permits to foreign workers moving to Lithuania.
In January for the first time since August 2007, Russia lost its position as the most important export market for Lithuanian products.
Lithuania’s work visa system for foreigners has become so complicated and time-consuming that it is causing shortages of skilled labour across the economy.
Lithuania’s ethics commission announced it is to open a probe into Lietuvos Energija CEO and chairman Dalius Misiūnas over an alleged conflict of interest.
Even though Lithuania is not introducing any new levies this year, the country's tax authorities are planning to increase revenues by going after businesses and individuals who use inventive tax planning strategies or use company accounts to buy goods for personal use.
“The beginning of 2016 was one of the worst years in history for raw material and stock prices,” said Swedbank Chief Economist Nerijus Mačiulis. On Tuesday, he presented his projections for economic growth in Lithuania, and the prospects for exports and the international economy.