Lithuania

International Internet Magazine. Baltic States news & analytics Sunday, 29.11.2020, 19:39

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Latvian ministry: we're ready to continue discussions on power trade

Latvian ministry: we're ready to continue discussions on power trade

27.11.2020

Latvia is open to further discussions on the Baltic states' power trade with third countries, its Ministry of Economics says. It says the new methodology agreed with Lithuania and Estonia is already working and is effective, adding that Russian certificates guarantee that electricity is not produced in Belarus, informed LETA/BNS.

Keyword tags: Baltic States – CIS, Energy, Latvia, Lithuania, Russia



New vessel to bring LNG shipment from US to Lithuania's Klaipeda

New vessel to bring LNG shipment from US to Lithuania's Klaipeda

27.11.2020

A new LNG shipment is scheduled to be delivered from the United States the Klaipeda-based LNG terminal in Lithuania, marking a fourth such delivery in the new gas year that started in October, writes LETA/BNS.

Lithuania posts 0.2% monthly deflation for November

Lithuania posts 0.2% monthly deflation for November

27.11.2020

Lithuania's monthly annual deflation rate, as measured by the EU Harmonized Index of Consumer Prices (HICP), stood at 0.2% in November, initial data from the country's statistics office, Statistics Lithuania, showed on Friday.


Lithuanian transport, accommodation, services companies' revenue up 2.9% in Q3

Lithuanian transport, accommodation, services companies' revenue up 2.9% in Q3

27.11.2020

Lithuania's transport, accommodation and services companies posted 6.4 billion euros (excluding VAT) in revenue for the third quarter of this year. Compared to the second quarter and seasonally and calendar adjusted, revenue rose 2.9%, and jumped at a non-adjusted 13%, the country's statistics service, Statistics Lithuania, said on November 27th, cites LETA/BNS.

Bank of Lithuania: Real estate market remains resilient yet faces more challenges

Bank of Lithuania: Real estate market remains resilient yet faces more challenges

27.11.2020

The real estate and construction market remains resilient in the face of the COVID 19 pandemic, yet its different segments are painting a mixed picture. Having recovered after the initial shock in spring 2020, the housing market is now showing historically high activity levels. However, the expected increase in the office vacancy rate signals serious challenges encountered by the commercial real estate market. These and other developments were discussed at the Annual Bank of Lithuania Real Estate Conference held online on 24 November.


26.11.2020

YIT to develop REHAU’s production facility at Klaipeda FEZ

YIT Lietuva was selected as an investor and construction partner for the microduct systems production unit by the German polymer company REHAU in Klaipeda Free Economic Zone (FEZ). The construction permit for the plant was obtained at the end of October. Consequently, REHAU will start to operate in the facility from January 2022.

26.11.2020

Lithuanian airports to add more flight destinations in December

Lithuania's airports are scheduled to add more flight destinations to their schedules in September, with the biggest flight increases expected in the direction of the United Kingdom, Norway, Sweden and Ireland, informs LETA/BNS.

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