International Internet Magazine. Baltic States news & analytics
Thursday, 20.06.2013, 11:30
Young Lithuanian company Brolis Semiconductors received the German Business Award 2013
20.06.2013On June, 19 the young Lithuanian company Brolis Semiconductors was awarded the German Business Award in Lithuania 2013. This was already the 8th time the German-Baltic Chamber of Commerce in Estonia, Latvia, Lithuania (AHK) granted this award recognizing an outstanding Lithuanian company. The President of the Republic of Lithuania Dalia Grybauskaitė attended the award ceremony in the historic building of the first Lithuanian merchants union in Vilnius “Pirklių klubas”, informs BC Kerstin Leisering.
Keyword tags: EU – Baltic States, Good for Business, Innovations, Lithuania, Markets and Companies

Prices grew in freight handling, decreased in telecommunications services in Lithuania in Q1
20.06.2013In the 1st quarter 2013 comparing to the 4th quarter 2012, the prices for economic entities went up mostly in freight handling services (16.5%), air transport services (11.8%), data processing, internet server services and related services; internet portal services (4.7%), informs LETA/ELTA.

Invalda LT and DNB sign agreement on loan
20.06.2013The public joint-stock company Invalda LT and DNB Bank executed a short-term loan agreement of value of 4.924 million euros, Invalda LT said in a statement, cites LETA.
Lithuanian Presidency website to be launched
19.06.2013Lithuania's President Dalia Grybauskaite on Friday, June 21 at 11.00 a.m., will participate in the presentation of the official Lithuanian EU Presidency website eu2013.lt and will answer first questions from people, reported BC the presidential press services.

Lithuanian national budget collects less than expected in 5 months
19.06.2013According to the data of Lithuania's Ministry of Finance, in January-May 2013 the national budget collected a total of LTL 8.3 billion (EUR 2.4 billion) of revenues, which was by LTL 77,4 million (EUR 22.4 million) or by 0,9% less than projected, writes LETA/ELTA.
Portfolio investment has negative flow in Lithuania in April
In April 2013, negative flow of the net portfolio investment in Lithuania totaled 631.1 million litas, in January-April it was 1.9 billion litas, the Bank of Lithuania said in a statement. In April, the flow was equally influenced both by a rise in foreign assets and a fall in liabilities, writes LETA.
PKN ORLEN carries out Series B bond offer
Polish oil company which owns Lithuania-based oil enterprise ORLEN Lietuva – Polski Koncern Naftowy ORLEN Spolka Akcyjna (PKN ORLEN) informed about the results of series B bonds offer, issued within the public bond issue program, included in the prospectus approved by the Polish Financial Supervision Authority on May 24, 2013, the company PKN ORLEN said in a statement.










