International Internet Magazine. Baltic States news & analytics
Wednesday, 02.12.2015, 01:42
Lithuania’s gas trade company Litgas will sell two of six shipments of Statoil’s liquefied natural gas (LNG) in 2016, if there are chances to resell LNG in the market amid a decline in gas consumption in the country, informs LETA.
Keyword tags: Energy, EU – Baltic States, Gas, Lithuania, Transport
Lithuania can be among the world's most competitive economies, but achieving this requires structural reforms and infrastructure development, a member of the executive committee at the World Economic Forum (WEF) said in Vilnius on Tuesday, cites LETA/BNS.
The European Commission on December 1st adopted the new cross border cooperation program ("Interreg") between Latvia and Lithuania which will receive EUR 55 million from the European Regional Development Fund (ERDF), informs LETA, according to the Commission's website.
City Service, the property maintenance services group with operations in the Baltic countries, Poland and Spain, saw its consolidated net profit soar by 37.8% in the first nine months of the year 2015, to 6.799 million euros, from 4.934 million euros in the same period last year, informs LETA/BNS.
Lithuania’s President believes that the country could join the Organization for Economic Cooperation and Development (OECD) as member as early as in 2017, informs LETA/BNS.
Investors are unhappy about the decision of the Lithuanian Seimas [parliament] to allow listed companies to stop filing quarterly financial reports and warn that this will further reduce the already low liquidity of the stock exchange and undermine its attractiveness to investors, the Verslo Zinios business daily reports on Tuesday, reports LETA/BNS.
Apranga, the top Baltic clothes retailer, saw its retail sales grow by 8.2% in the first eleven months of the year 2015 from a year ago, to 180.1 million euros, informs LETA/BNS.