Lithuania

International Internet Magazine. Baltic States news & analytics Monday, 25.05.2015, 18:30

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Special fund to be created to attract airlines to Lithuanian capital

Special fund to be created to attract airlines to Lithuanian capital

25.05.2015

According to Vilnius Mayor Remigijus Simasius, Lithuania's capital in essence remains without roundtrip flights after airline Air Lituanica terminated its activities. A special flight promotion fund should be created in order to attract new air carriers to Vilnius, reports LETA/ELTA.

Keyword tags: Airport, EU – Baltic States, Financial Services, Funds, Lithuania, Transport



An-2 to be lifted from Baltic Sea by Dutch company

An-2 to be lifted from Baltic Sea by Dutch company

25.05.2015

A Dutch company will lift the sunken An-2 airplane from the bottom of the Baltic Sea, Lithuanian Transport and Communications Minister Rimantas Sinkevicius announced on Monday, reports LETA/ELTA.

In Q1, Lithuanian hotels received by 5.1% more guests

In Q1, Lithuanian hotels received by 5.1% more guests

25.05.2015

According to the provisional data of Statistics Lithuania, in I quarter 2015, accommodation establishments received 415.5 thousand guests, or by 5.1% more than in the same quarter of 2014. The number of tourists from the EU countries totalled 106 thousand (by 18.2% more than in the same quarter of 2014), from non-EU countries – 103.5 thousand (by 14.9% less).


Sets of 500 LTL gold coins, dedicated to Battle of Grunwald, in highest demand

Sets of 500 LTL gold coins, dedicated to Battle of Grunwald, in highest demand

25.05.2015

Market participants were attracted to the electronic auctions for the sale of numismatic items, announced by the Bank of Lithuania for the first time. At each of the seventeen auctions, 2 to 6 participants competed; a total of 64 participants registered for the auctions. Those who bid the highest price for a numismatic item won, reported BC the Bank of Lithuania.

Lithuanian domestic insurance market reaches its highest performance of premiums written over Q1

Lithuanian domestic insurance market reaches its highest performance of premiums written over Q1

25.05.2015

In the first quarter of the year 2015, Lithuania's' insurance market grew by 6.9% in terms of premiums written year on year, and amounted to EUR 150.7 million. This is the highest performance of premiums written over the first quarter in the history of the domestic insurance market, reported BC the Bank of Lithuania.

25.05.2015

Joint Lithuanian and Kazakh projects – an impetus for container train Saule

"The revival of historically significant Silk Road is a solid enhancement of transport, trade and other fields of cooperation between Asia and Europe. The challenges and possibilities of the new century allow extending geographically the New Silk Road and comprise such new section as the Baltic Sea region," at the 8th Astana Economic Forum underlined Rimantas Linkevicius, Lithuanian minister of transport and communications, reports BC the Ministry.

24.05.2015

Estonian Air takes over Air Lituanica's market share

Estonian national carrier Estonian Air will make 11 round trip flights per week on the Tallinn-Vilnius route starting Monday instead of the current six round-trip flights per week after Air Lituanica announced of stopping operations, LETA/Delfi reports.

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