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International Internet Magazine. Baltic States news & analytics Saturday, 27.04.2024, 03:28

Lithuanian PM concerned about Orlen Lietuva's plans to make redundancies

BC, Vilnius, 14.04.2014.Print version
On Monday Prime Minister Algirdas Butkevicius will visit Mazeikiai-based petroleum refining company Orlen Lietuva, which is preparing an emergency plan and intends to make about 100 its employees redundant, LRT.lt said.

According to CEO of Orlen Lietuva, the current financial situation of the company is the most difficult one in its entire history. Last week the prime minister said that last year the largest taxpayers, i.e. companies Orlen Lietuva and Achema, exported less, earned less and therefore less of value added tax was collected to the public budget, reports LETA/ELTA.

 

Recently Butkevicius promised Poland's Prime Minister Donald Tusk to re-open the closed railway line to Renge, Latvia, which is of utmost importance to Orlen Lietuva.

 

In addition, the Government has approved of the plans to build a product pipeline from Mazeikiai to Klaipeda.

 

On Monday, Lithuania's Prime Minister Algirdas Butkevicius will attend a roundtable discussion on municipal economic revival, pooling of active and skilled staff, viable business ideas and public support in Mazeikiai town.






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