Business

Дональду Трампу предписано оплатить судебные издержки компании Orbis Business Intelligence, с которой он судился из-за заявлений об «извращенных половых актах» и взятках российским чиновникам, содержавшихся в скандальном «досье Стила».

Gambling operators should be obliged to allocate at least half of their advertising budgets to social and preventive advertising, an MP has said.

Some companies operating in Lithuania, clearly aware that they are helping Moscow to evade sanctions, are organising the export of equipment, technology and other products to Russia. Part of them engage in the schemes on their own initiative, the latest national threat assessment by intelligence age...

The risk-sharing partnership model, which was introduced by Lithuanian Airports and successfully connected Vilnius Airport with London City airport last year, is continuing. Lithuanian airports and the airline airBaltic have signed a joint investment agreement, under which regular flights will opera...

A floating measuring station with specialised equipment has been brought to the maritime area of the future offshore wind farm, reports Ignitis Renewables, an international green energy company.

Lithuanian Airports said Tuesday that Lufthansa has cancelled all flights between Vilnius Airport and Frankfurt scheduled for Thursday and Friday this week.

Checks at Lithuanian-Polish border crossing initiated by Polish farmers have found many processed products of unknown origin crossing the border, while lorries are carrying small quantities of Ukrainian grain, organisers say.

Polish farmers, discontent over the European Green Deal and cheap Ukrainian grain imports, on Friday started a partial blockade of a motorway between Budzisko village in Poland and Kalvarija city in Lithuania. Polish farmers’ protest campaign is expected to last for a week and they intend to check h...

MP Justas Džiugelis has suspended his membership at the ruling Homeland Union-Lithuanian Christian Democratic (TS-LKD) party and left the party’s group at the Seimas amid reports of his ties to a gambling lobbyist.

In January, total industrial production increased by 7.1 percent, reports Lithuania’s State Data Agency.

In May 2024, Curio Collection by Hilton hotel will open its doors at the former historical telegraph building near Vilnius Cathedral Square. Previously, Grand Hotel Kempinski Vilnius operated in the building.

AB Snaigė, Lithuania’s fridge manufacturer, has said that 91,368 ordinary registered shares were offered during a takeover bid to buy up its shares. The offeror UAB EDS Invest has paid EUR 11,786.46 (without the brokerage fee) for the shares.

Energy company Elektrum Lietuva announces it will develop a 65 megawatt (MW) solar park in Šalčininkai, a southeastern town. The park is set to start generating electricity in 2025, with the investment totalling EUR 38 million.

Teltonika is strengthening its semiconductor project team. In the coming months, the company group intends to hire about 20 specialists who will contribute to one of Lithuania’s most ambitious tech projects – the establishment of the semiconductor chip industry – the company has announced in a press...

Raising corporate tax for large businesses could be a solution to finance defence needs, says Social Democratic Party leader Vilija Blinkevičiūtė, rejecting proposals to increase the value added tax (VAT) rate as harmful to low-income earners.

The Bank of Lithuania has published a comparison of interest rates on loans of Lithuanian and euro area credit institutions (banks and credit unions) and deposits with agreed maturity (term deposits) in December 2023.

Lithuania has received a letter of formal notice from the European Commission over delays in transposing the Pillar Two directive, which imposes a minimum effective corporate income tax rate on multinational companies, the Verslo žinios business news website reports.

President Gitanas Nausėda on Tuesday opened the Infobalt association’s international event "AIcebreakers: Vision for Lithuania", the president's office reports.

Former partner of BaltCap Infrastructure Fund, Šarūnas Stepukonis, might have gambled away millions of euros of the fund’s money by forging documents and lying. This was revealed in an interview to BNS by Simonas Gustainis, managing partner of BalCap private equity fund.

In January 2023, AUGA Tech obtained a patent in the USA for the structure of the AUGA M1 biomethane and electric-powered tractor for large farms. The company, which the AUGA group indirectly controls, has applied for patents in other strategic markets as well. AUGA Tech considers the patent to be an...