Justas Mundeikis | The Lithuania Tribune When looking at the plain numbers, the year-on-year change in foreign trade is astonishing: Lithuanian exports grew by 16.8 per cent in the first quarter of 2013 compared to the same quarter of the last year. If the growth …
Kaunas district is a leader in Lithuanian goods export, says Lithuania Statistics. In 2012 companies in this district exported Lithuanian goods worth of LTL 9.384 billion (EUR 2.717 billion), the Baltic Course reported referring to the news agency ELTA. Kaunas accounts for19 per cent of …
According to the latest data from Eurostat, Lithuania’s export increased by 16 per cent during the first two months of 2013, the Baltic Course reports with reference to the news agency ELTA. This is said to be the second best result in the EU, with …
Belarus plans not only to increase the already significant volume of cargo exported through Klaipėda, but have a bigger say in the port’s business, the Baltic Business News reported with reference to news2biz Lithuania. At the recent Lithuania-Belarus business forum in Lithuania’s only port city, …
BNS During the ratification of the Stabilisation and Association Agreement between the European Union (EU) and Serbia at the Lithuanian parliament on Tuesday, parliamentarians inquired whether the ratification would leave the country with enough measures to defend its companies in Serbia. The bill on endorsement …
In January-March the trade between Grodno region and Lithuania amounted to more than $36.8 million, up 11.8 per cent from the same period last year, the news agency BelTA reported. The prospects for further economic cooperation were discussed at a meeting between Governor of Grodno …
BNS The Lithuanian Confederation of Industrialists (LPK) has invited the Prime Minister of Belarus, Mikhail Myasnikovich, to pay an unofficial visit to Lithuania and attend a Lithuania-Belarus economic forum that will be hosted by Klaipėda next week. “The invitation has been sent, but we will …
BNS Lithuania’s State Food and Veterinary Service (VMVT) so far has not found any horsemeat in sausages made by the Lithuanian meat processing company Grimeda. The inspectors of Šilalė Veterinary Service took additional samples of Grimeda’s cold-smoked sausages marketed under the brand name ‘Exclusive’ as …
BNS Lithuania’s customs officials detained 12.4 million litas (EUR 3.6 million) worth of smuggling goods over the first quarter of 2013, with cigarettes accounting for the bulk of the goods. The estimated prices of the goods apprehended in January-March of this year is more than …
Statistics Lithuania and the Bank of Lithuania inform that in 2012, compared to 2011, the Lithuanian investment flow abroad increased to LTL 1.1 billion. In 2012, the Lithuanian direct investment (DI) flow abroad amounted to LTL 1.1 billion. The flow of investment in share capital amounted …
Statistics Lithuania and the Bank of Lithuania inform that in 2012, compared to 2011, the foreign direct investment flow into Lithuania decreased by more than a third. In 2012, based on provisional data, the foreign direct investment (FDI) flow into Lithuania amounted to LTL 2.2 …
In January 2013 compared with January 2012, industrial production decreased by 1.3% in the euro area (EA17) and by 1.7% in the EU27, according to estimates released by Eurostat, the statistical office of the European Union. Based on these estimates, Lithuania is among the countries …
During the period of 2000-2011, the largest effect of EU investments was noted in Lithuania’s economy. EU investments there formed 1.8% of GDP per period. On top of that, Lithuania’s GDP per capita increased from 40% of the average EU index in 2000 to 66% …
President Dalia Grybauskaitė met with the Speaker of the Parliament of Finland, Eero Heinäluoma, to discuss bilateral relations, Lithuania’s preparations for EU Presidency, Nordic-Baltic cooperation, and joint energy projects, lrp.lt reported. The President underlined that Lithuania and Finland were close and important partners with strong …
Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in January 2013 amounted to LTL 6.5 billion, imports – LTL 7.4 billion. Exports of goods of Lithuanian origin amounted to LTL 4.4 billion. The foreign …
On weekends, Vilnius looks like a Belarusian city, reports the Belarus Digest. Cars with Belarusian registration plates, crowds of Belarusians carrying shopping bags, even bus schedules to Belarus from big shopping centres. In 2012, according to the Lithuanian State Department of Tourism, 400,000 Belarusian guests …
Russian and Ukrainian applicants will from now on be able to receive Schengen visas at Lithuanian embassies and 28 visa centers. A relevant agreement on visa center services in Russia and Ukraine was signed between the Lithuanian Foreign Ministry and VFS Global company in Vilnius …
“Information has been received via the RASFF system to the effect that in the canned beef in own juice of Latvian production manufactured by the company SIA “Kursu zeme” the German competent authorities detected 69 % of horse meat that was not indicated in the …
No investor is prepared to invest money in a country that has one thing written in its law, officials tell you something entirely different and act in a different way to both, Swedish investment company representative Per Andersen says, informs bnn-news. In an article of Ir magazine, …
The European Commission (EC) has begun its investigation against Lithuania’s railway company AB Lietuvos geležinkeliai (LG), writes bnn-news. The goal of the investigation is to determine whether or not the company has limited competition opportunities for Lithuanian and Latvian companies and violated EU rules when disassembling part …
