Valdas Sutkus EN

Valdas Sutkus, suspected of corruption, has stepped down as president of the Lithuanian Business Confederation.

Valdas Sutkus, the president of the Lithuanian Business Confederation (LVK), and Mantas Zalatorius, the president of the Lithuanian Banks' Association (LBA), and another four people were detained by law-enforcement officials on Tuesday on suspicions of unlawful influence on legislative processes.

Lithuanian companies are increasingly looking for consultations to help them understand the prevailing trends and prepare for the changes brought about by all-pervasive technologies. Almost 700 enterprises have already made use of a national compensation scheme for such consulting expenditures, a pr...

The Lithuanian parliament on Wednesday overturned the presidential veto of a new Labour Code that was adopted by the Seimas in June, thus paving the way for the legislation aimed liberalizing labor relations to come into effect in early 2017.