Industry

The more than 500 companies that belong to the Lithuanian Defence and Security Association show that Lithuania can manufacture more than agricultural products.

Lithuanian population is in steady decline and domestic industry is losing consumers but so far the impact of this negative change has been reduced by a growing rate of domestic consumption.

Lithuania's industrial growth in January was among the highest in the European Union, according to Eurostat.

Lithuanian company Suslavičius-Felix, which makes a range of sauces and ketchup and is owned by Norway’s Orkla Group, is moving production of international brands from its Lithuania facility at Kaunas to Orkla Foods’ production plants in Latvia, Sweden and Austria.

„Muzikos salę“, kuri vasario 25 – 28 dienomis įsikurs Tarptautinėje Vilniaus knygų mugėje, aplankys ir pasaulinės muzikos rinkos ekspertai. Iš Jungtinių Amerikos Valstijų, Didžiosios Britanijos, Vokietijos ir Liuksemburgo atvyksiantys svečiai susitiks su Lietuvos muzikos industrijos atstovais kalbėt...

Achema, Lithuanian fertilizer producer and the biggest gas consumer in the country, concluded a gas supply deal with Norway's Statoil on Tuesday. Statoil will deliver liquefied natural gas (LNG) to the company in tankers via the LNG terminal in Klaipėda.

Šiaurės Amerikos ir Vakarų Europos gamintojai 2014 metais dominavo tarptautinėje ginkluotės rinkoje, bet jų dalis sumažėjo, o Rusijos ir Azijos bendrovių – padidėjo, pirmadienį pranešė Stokholmo tarptautinis taikos tyrimų institutas (SIPRI).

Группа Vakarų medienos grupė (VMG) свои инвестиции по-прежнему направляет в Белоруссию, вдвое увеличивая объёмы производства VMG Industry в Могилёве, а в расположенном неподалёку от Минска Борисове планирует расширить изготовление массивной мебели и производство гранул, сообщает деловое издание Vers...

On 11 November, Lithuanian Ambassador in Sweden Eitvydas Bajarūnas and Commerce Attaché Audrius Masiulionis visited Jönköping city, situated in the south of Sweden, where they discussed economic cooperation with representatives of the local business community, visited Husqvarna factory and the annua...

Литовская группа предприятий деревообрабатывающей и мебельной промышленности VMG планирует развитие в Беларуси, сказал деловой газете Verslo zinios гендиректор группы Викторас Адомайтис.

Gintaris Satkus was appointed as new director of Lithuanian Defence and Security Industry Association (LGSPA) and will be responsible for the executive branch of the Association, LGSPA said in a statement.

Užsienio automobilių ir jų atsarginių dalių gamintojai nori pasinaudoti rublio devalvacija ir pradeda eksportuoti savo produkciją iš Rusijos, rašo Rusijos leidinys „Vedomosti“.

In June 2015 industrial production totalled EUR 1.7 billion at current prices and, compared to May, grew by 4.4 percent at constant prices, seasonally and working day adjusted - by 0.8 percent, Statistics Lithuania reports.

Statistics Lithuania has carried out a business tendency survey. The survey of directors of companies has revealed that a less optimistic industrial production forecast in May negatively affected industrial business tendencies.

In March 2015, Lithuania saw second largest industrial production decrease in the European Union (EU) as it went down by 3.4 percent, however, on a year-on-year basis it grew by 6.2 percent, Eurostat, the statistical office of the EU, said.