5 articles
With the Lithuanian government due to decide on the future of the Klaipėda liquefied natural gas (LNG) terminal, businesses call on the authorities to look for ways to lower the terminal's costs for gas consumers and energy experts say that these costs will go down and that the floating storage and ...
Lithuanian President Dalia Grybauskaitė has signed into law a bill that opens the way for authorities to vet large deals by three privately-owned companies -- Orlen Lietuva, Achema and Telia Lietuva -- and to block deals that are deemed a threat to national security.
Nerijus Numavičius, the majority shareholder of Vilniaus Prekyba (Vilnius Trade, remains the richest person in Lithuania with an estimated wealth of 1.4 billion euros, according to a list of the country's wealthiest people published by the Top magazine.
Virginijus Smigelskas on Thursday took post as chief executive officer of the company publishing the Lithuanian daily Lietuvos Žinios, Achemos Grupė (Achema Group) that operates the company said.
Krovinių Terminalas (Cargo Terminal), an oil product terminal owned by Achemos Grupė, last week turned to court over a deal between Klaipėdos Nafta (Klaipėda Oil) and Orlen Lietuva that allegedly violates the Law on Competition and restricts fair competition in the Klaipėda port's light petroleum pr...
