Lithuania

International Internet Magazine. Baltic States news & analytics Tuesday, 21.05.2019, 06:39

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Baltics, US agree on 3+1 energy cooperation format

Baltics, US agree on 3+1 energy cooperation format

20.05.2019

In an effort to ramp up their cooperation in energy, the three Baltic countries and the United States agreed to set up a 3+1 cooperation format, with the first meeting under the format planned to be held in Vilnius next September, In an effort to ramp up their cooperation in energy, the three Baltic countries and the United States agreed to set up a 3+1 cooperation format, with the first meeting under the format planned to be held in Vilnius next September, the Lithuanian president's office said.

Keyword tags: Baltic, Energy, EU – Baltic States, Lithuania, USA



Lithuania's Achemos Grupe posts EUR 16.5 mln in loses in 2018

Lithuania's Achemos Grupe posts EUR 16.5 mln in loses in 2018

20.05.2019

Achemos Grupe (Achema Group), one of the largest business groups in Lithuania, suffered a consolidated audited net loss of 16.5 mln euros last year after earning 29.670 mln euros in profits a year earlier, informed LETA/BNS.

What is monetary policy and how it affects your income?

What is monetary policy and how it affects your income?

20.05.2019

If one compared the euro area economy with the human body, money circulating in it would serve as blood, and the European Central Bank (ECB), which influences the price of money – interest rate, would constitute its heart. Just as the heart affects the functioning of the whole body, actions of the ECB strongly impact euro area economic developments, household and business borrowing conditions and the general price level. Decisions on the future stance of euro area monetary policy will be taken this June in Vilnius.


Lithuanian Energy's Q1 revenue up by fifth to EUR 429 mln

Lithuanian Energy's Q1 revenue up by fifth to EUR 429 mln

20.05.2019

Lithuania's state-run energy group Lietuvos Energija (Lithuanian Energy) posted 429.3 mln euros in revenue in the first quarter of this year, up 19.8% from 358.3 mln euros a year ago, informed LETA/BNS.

Swedbank's pension funds invest EUR 200 mln into sustainable business

Swedbank's pension funds invest EUR 200 mln into sustainable business

20.05.2019

Pension funds managed by the Swedbank financial group are investing 200 million euros, or a sixth of their managed assets, into sustainable business. Swedbank Investiciju Valdymas says the fund's all investments will have to match sustainability criteria in the future, informed LETA/BNS.


20.05.2019

Vilnius airport's platform to be reconstructed

Lithuania's largest Vilnius International Airport is set to invest 12 mln euros in to the reconstruction of its platform's northern part due to improper position of aircraft stands, informed LETA/BNS.

20.05.2019

New LNG cargo for Lithuania's LET arrives in Klaipeda

A tanker has arrived in Lithuania's port of Klaipeda, brining a new LNG shipment for Lietuvos Energijos Tiekimas (Lithuanian Energy Supply, LET), part of the state-run energy group Lietuvos Energija (Lithuanian Energy), reported LETA/BNS.

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