International Internet Magazine. Baltic States news & analytics
Friday, 13.12.2019, 16:37
An investment of 20m Euros is aimed at creating one of the largest aircraft maintenance, repair and overhaul facilities in Europe.
Keyword tags: Airport, EU – Baltic States, Good for Business, Lithuania, Transport
Kaunas was recognized as one of the most promising cities for tourism in the latest Financial Times fDi Magazine ranking Tourism Locations of the Future 2019/20. It was given a ninth place in the Foreign Direct Investment Strategy category. In addition, one of the most influential global rankers noticed Kaunas in other five areas, Kaunas IN business department informed BC.
Monaco-registered GRH International has decided to establish its new R&D and manufacturing unit in the Klaipeda Free Economic Zone (FEZ), according to the Verslo Zinios information reported LETA/BNS.
Lithuanian factoring company PayRay plans to launch its online bank's business in the middle of 2020 after being granted a banking license earlier this month, informed LETA.
Utenos Trikotazas, a Lithuanian textile group controlled by SBA, has established a subsidiary company in Latvia. The new company, Utenas Trikotaza, has an authorized share capital of 2,800 euros, Utenos Trikotazas said in a stock exchange release.
The Lithuanian Cabinet approved on Wednesday a general development plan for the seaport of Klaipeda, reported LETA/BNS.
The Seimas of Lithuania on Tuesday gave its initial backing to President Gitanas Nauseda's proposal on how to block electricity produced at the Astravyets nuclear power plant under construction in Belarus from entering Lithuania. writes LETA/BNS.