Lithuania

International Internet Magazine. Baltic States news & analytics Saturday, 21.10.2017, 00:48

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In 2016, the general government surplus totalled EUR 103 mln in Lithuania

In 2016, the general government surplus totalled EUR 103 mln in Lithuania

20.10.2017

Statistics Lithuania informs that in 2016, based on revised data, the general government surplus totalled EUR 103 million, or 0.3% of gross domestic product (GDP). In 2015, the general government deficit stood at 0.2% of GDP.

Keyword tags: Analytics, Budget, Financial Services, GDP, Lithuania



Foreign, Lithuanian firms eye investment in aircraft repairs at Kaunas FEZ

Foreign, Lithuanian firms eye investment in aircraft repairs at Kaunas FEZ

20.10.2017

At least four foreign and one Lithuanian companies are interested in aircraft maintenance, repairs and overhaul (MRO) at the Kaunas free economic zone (FEZ), however, the investments that would create up to 2,000 well-paid jobs with an average monthly salary of over 2,000 euros are stalled by the government's indecision, Verslo Zinios business daily said, cites LETA/BNS.

TV3 Latvia changes name to All Media Latvia, gets new supervisory board

TV3 Latvia changes name to All Media Latvia, gets new supervisory board

20.10.2017

TV3 Latvia has changed name to All Media Latvia, informs LETA, according to Firmas.lv.


Competition Council cleared the acquisition of 100% Palink shares ant control by Rimi Lietuva

Competition Council cleared the acquisition of 100% Palink shares ant control by Rimi Lietuva

20.10.2017

On October 18th, the Competition Council cleared the acquisition of 100% of UAB Palink (PALINK) shares ant control by UAB Rimi Lietuva (RIMI) on condition that RIMI will sell part of its business related to retail trade, informed BC Ieva Racickaite from the Lithuanian Competition Council.

FinMin: Lithuania must save for future amid growing economy

FinMin: Lithuania must save for future amid growing economy

20.10.2017

Lithuania formed a surplus 2018 state budget for the first time since regaining independence in 1990, says Finance Minister Vilius Sapoka, adding this is necessary amid fast economic development and the need to accumulate reserves for a rainy day, reports LETA/BNS.


19.10.2017

LDz: Lithuania's rhetoric on Renge railroad section understandable

Lithuania’s rhetoric that Latvijas Dzelzcels (LDz, Latvian Railways) rail company has no reasons to claim compensations for the dismantling of the Mazeikai-Renge railroad section is quite understandable, given Lithuanian media reports that the fines would have to be paid with taxpayers’ money, LDz representative Maris Ozols told LETA.

19.10.2017

Orlen Lietuva nets EUR 140 mln in profit in Q1-3

Polish-owned Lithuanian oil company Orlen Lietuva posted a net profit of 140.8 million euros (USD 165.4 mln) for the first nine months of 2017, up 16%, from 120.9 million euros (USD 142.1 mln), a year ago, reports LETA/BNS.

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