Exports
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A Lithuanian furniture maker has been forced to freeze plans of investment after the United Kingdom, its biggest export market, voted to leave the European Union. To read this article, try a €5.99 monthly subscription by clicking here.
China has been identified as a tempting new market for Lithuanian exporters, but few producers, outside the food industry, are making any forays into the world's most populous market. To read this article, try a €5.99 monthly subscription by clicking here.
It took only six months for two Lithuanian entrepreneurs, Vilnius Malinauskas and Marius Bartkevičius, to establish a business and start exporting their products. Their company, Smells Like Spells, is making natural soy was candles and home fragrances which found a niche in the US, the UK, German an...
Parties clash on how to improve business environment in Lithuania: More of the same or a new course? (1)
The British Chamber of Commerce, along with their colleagues from the Estonian, German-Baltic, Danish, Finnish, and Norwegian Chambers, hosted a breakfast meeting where leaders of Lithuania's five main political parties gave their views on how to improve business environment in Lithuania.
Lithuania has sent its first shipment of meat products to the United States, Prime Minister Algirdas Butkevičius said on Tuesday.
Lithuania has received certificates from China, allowing the country's dairy producers to export their products to Asia's biggest market.
Lithuania‘s status as a key transit country for re-exporting goods from West to East has started to wane significantly, with re-exports down by 10% in 2015 alone.
If not for the impact of the economic crisis in Russia, Lithuania's economy would have grown by 4.2% rather than 1.6% last year, according to Nordea bank economists.
In January for the first time since August 2007, Russia lost its position as the most important export market for Lithuanian products.
Lithuania’s exports are expected to jump 5% to €11.1 billion in 2016 driven by stronger economic growth in both the Eurozone and Scandinavian countries, according to Enterprise Lithuania’s latest projections.
The famous Lithuanian cheese Džiugas has been found in Russian stores but marked as “Made in Argentina”.