Business

Central bank revokes Foxpay licence for gross and systemic breaches

Central bank revokes Foxpay licence for gross and systemic breaches

Vilnius Airport to be temporarily renamed in honour of Čiurlionis from 2025

Vilnius Airport to be temporarily renamed in honour of Čiurlionis from 2025

Milk purchase price rises for three straight months

Milk purchase price rises for three straight months

Architects invited to design future expansion of Vilnius Airport: new arrivals terminal planned

Architects invited to design future expansion of Vilnius Airport: new arrivals terminal planned

Undersea telecoms cable between Lithuania and Sweden damaged – media

Undersea telecoms cable between Lithuania and Sweden damaged – media

Vilnius-based Ukrainian restaurant Borsch on sale due to tax hike – media

Vilnius-based Ukrainian restaurant Borsch on sale due to tax hike – media

Industrialists say too much red tape in Lithuania

Industrialists say too much red tape in Lithuania

Teltonika not to build Taiwan’s semiconductor chip plant in Lithuania

Teltonika not to build Taiwan’s semiconductor chip plant in Lithuania

Tallinn Airport introduces security charge

Tallinn Airport introduces security charge

Twenty pharma firms fined nearly EUR 1.5mn for price fixing

Twenty pharma firms fined nearly EUR 1.5mn for price fixing

SSP partners with Vilnius Airport to elevate dining experience focusing on new outlets

SSP partners with Vilnius Airport to elevate dining experience focusing on new outlets

Average annual inflation at 0.9% in October – estimate

Average annual inflation at 0.9% in October – estimate

Latvian birth numbers keep falling

Latvian birth numbers keep falling

Major aviation company expands fleet with 80 Boeing 737 MAX orders

Major aviation company expands fleet with 80 Boeing 737 MAX orders

Electricity price up by 9% in October

Electricity price up by 9% in October

Consumption of gas in Lithuania increased by 31% compared to last year

Consumption of gas in Lithuania increased by 31% compared to last year

Hundreds of Škoda cars transported by train to Kaunas on Rail Baltica

Hundreds of Škoda cars transported by train to Kaunas on Rail Baltica

Worker dies in shipbuilding company in Klaipėda

Worker dies in shipbuilding company in Klaipėda

Unemployment rate stood at 6.8% in Q3

Unemployment rate stood at 6.8% in Q3

Hotels, restaurants protest to demand reduced VAT on catering

Hotels, restaurants protest to demand reduced VAT on catering

Unemployment in Lithuania at above EU average in September – Eurostat

Unemployment in Lithuania at above EU average in September – Eurostat

Lithuania’s GDP Q3 growth second highest in EU – Eurostat

Lithuania’s GDP Q3 growth second highest in EU – Eurostat

Regulator approves Amber Grid’s 2033 gas transmission network development plan

Regulator approves Amber Grid’s 2033 gas transmission network development plan

Irish electric heating manufacturer Glen Dimplex to create 200 jobs and invest EUR 10mn in Panevėžys

Irish electric heating manufacturer Glen Dimplex to create 200 jobs and invest EUR 10mn in Panevėžys

Prestigious Lonely Planet names Lithuania second-best travel destination in the world

Prestigious Lonely Planet names Lithuania second-best travel destination in the world

Competition Council authorises acquisition of PayRay Bank

Competition Council authorises acquisition of PayRay Bank

New cruise ship terminal developed in Klaipėda

New cruise ship terminal developed in Klaipėda

Lithuania records one of largest decreases in govt debt in Q2 2024 – Eurostat

Lithuania records one of largest decreases in govt debt in Q2 2024 – Eurostat

Ignitis Group agreed on EUR 20.7mn financing with Swedbank

Ignitis Group agreed on EUR 20.7mn financing with Swedbank

Record-breaking SmartLynx on the Horizon: Latvian Airline CEO Reveals Future Plans

Record-breaking SmartLynx on the Horizon: Latvian Airline CEO Reveals Future Plans