Lithuania

International Internet Magazine. Baltic States news & analytics Sunday, 26.03.2017, 19:51

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Nuta wants to build used oils recycling facility in western Lithuania

Nuta wants to build used oils recycling facility in western Lithuania

24.03.2017

Another attempt to use EU funds to build an automotive oil recycling facility is being planned in Lithuania after the first such enterprise, which obtained 2.3 mln euros in investments back in 2009, has not yet launched operations, LETA/BNS writes according to the business daily Verslo Zinios.

Keyword tags: Financial Services, Lithuania, Markets and Companies, Oil



Lithuanian producers may benefit from Brazil's meat scandal

Lithuanian producers may benefit from Brazil's meat scandal

24.03.2017

Broader export opportunities are opening up for Lithuanian meat processors in the wake of Brazil's spoiled meat and corruption scandal involving two large international companies, JBS and BRF, and several tens of smaller market players, reported LETA/BNS according to the business daily Verslo Zinios.

Lithuanian energy producer LEG approves EUR 0.02 dividend for H2 2016

Lithuanian energy producer LEG approves EUR 0.02 dividend for H2 2016

24.03.2017

Lithuania's state-owned electricity production group Lietuvos Energijos Gamyba (Lithuanian Energy Production, or LEG) is set to distribute 12.702 million euros as dividends, or 0.02 euros per share, to shareholders for the second half of 2016, bringing to 40.01 mln euros the total dividend payout for the year, reports LETA/BNS.


US Fortune lists Lithuania's president among top 50 world leaders

US Fortune lists Lithuania's president among top 50 world leaders

24.03.2017

US business magazine Fortune has included Lithuania's President Dalia Grybauskaite into the annual list of 50 world leaders, informed LETA.

Synchronization of Baltic and Western electricity systems faces numerous challenges

Synchronization of Baltic and Western electricity systems faces numerous challenges

24.03.2017

As Lithuanian and Polish government officials continue talks on synchronization of the Baltic electricity networks with continental Europe, it remains unclear when and what decision would be taken. After the Polish electricity transmission operator PSE suggested building a sea link, companies of Lithuanian and Estonia expressed disapproval, while Latvia has called for more thorough discussions, writes LETA/BNS.


23.03.2017

Lithuania's stevedoring co Klasco to pay out EUR 3.5 mln as dividends

laipedos Juru Kroviniu Kompanija (Klaipeda Stevedoring Company, or Klasco), which is part of Achemos Grupe (Achema Group), will distribute 3.47 mln euros as dividends to shareholders, or 0.233 euros per share, after posting a 50-mln-euro pretax profit for 2016, reports LETA/BNS.

23.03.2017

Baltic Horizon Fund acquired office building in Vilnius

Baltic Horizon Fund (the Fund) announced on 19th of January 2017 a plan to sign a sales purchase agreement to acquire Duetto I office property in Vilnius, Lithuania, reportds funds representative.;.

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