Investment

The Lithuanian labour code is outdated and is constantly drawing criticism from both foreign investors and international organisations, the Investors' Forum said yesterday.

The Swedish banking group Swedbank has announced it is opening a new service centre in Lithuania that will employ 400 people. Five more investors are interesting in moving some of their operations to Lithuania, the country's foreign investment agency says.

Kas yra daugiausia žadančios verslo figūros Baltijos šalyse ir kokį poveikį jos daro? Tomas Laurinavičius, pasikalbėjęs su draugais ir verslininkais, atrinko dešimt daug žadančių įkūrėjų, siūlančių sprendimus problemoms, kurios aktualios ne tik milijonams vietos gyventojų, bet daugeliu atvejų ir vis...

Lithuania’s capital Vilnius has been chosen as one of Europe’s top 10 capital cities considered hubs for the fastest-growing companies on the continent by Inc. magazine.

The French government is closely watching the dispute concerning Veolia’s investment in Vilnius and hopes it can be resolved amicably, Harlem Desir, French Minister of State for European Affairs, has said while on a visit to Lithuania.

The total amount of Russian investment in Lithuania is now four times below the level it was a decade ago, dropping to €500 million last year, reports business daily Verslo Žinios.

The International Center for Settlement of Investment Disputes (ICSID) in Washington has accepted a request to arbitrate between France's Veolia group and the Lithuanian government.

Rusijos naftos koncerno „Lukoil“, kuris visai neseniai pareiškė pasitraukiantis iš Lietuvos rinkos, sprendimas parduoti degalinių tinklus Lietuvoje, Latvijoje ir Lenkijoje menkai žinomai austrų bendrovei „Amic Energy“ sukėlė nemažai klausimų, skelbia novayagazeta.ee.

Vilniaus Energija, the French-owned company managing the central heating grid in the Lithuanian capital, has accused city authorities of obstructing efforts to find a contractor to appraise the infrastructure it has to hand over to the city next year. Meanwhile a city official said the move was mere...

The majority of foreign companies operating in Lithuania no longer consider Lithuania a low labour cost country, according to a new survey from the Investors’ Forum Lithuania.

Over the last two decades, there has been a lot of talk that Lithuania should focus on developing high-tech industry and create a new Silicon Valley in the country, but economists believe that this talk is totally at odds with reality on the ground.

Foreign investors in Lithuania have started the year optimistically, with most expecting to increase profitability and hire more staff.

A growing number of Lithuanians are investing in state securities that finance state borrowings, according to the latest figures from the Ministry of finance.

Although the Trade in Services Agreement (TISA) is less debated in Lithuania than in many larger member states of the European Union, recent charges by a large investor, Veolia, against Lithuania illustrate the fears that many, especially European green movements, have had about the agreement all al...

Most of Veolia's allegations against Lithuania seem to be unfounded, said Lithuanian Energy Minister Rokas Masiulis on Monday. Masiulis was commenting on the French group's request for arbitration in which it is seeking around €100 million in compensation from the Lithuanian state for allegedly unfa...

Instead of strengthening their positions abroad or looking for new markets, small and medium sized Lithuanian companies are this year planning to increase investment in expansion in domestic markets, a survey commissioned by SEB Bank shows.

Energy Minister Rokas Masiulis says that the arbitration case to be filed against Lithuania by the French group Veolia is a distraction tactic, adding that the government might counter-sue over violations by its subsidiary Vilniaus Energija.

The French group Veolia, which owns heating companies in Lithuania, is suing the country for €100 million at the International Centre for Settlement of Investment Disputes (ICSID) in Washington. Veolia is demanding compensation for losses it allegedly sustained due to unfair treatment by the Lithuan...

Foreign investors get a frosty reception in the regional parts of Lithuania as local businessman fear competition and put pressure on councils to keep out foreign investment, according to Rūta Skyrienė, executive director of the Investors Forum, which brings together foreign investors in Lithuania.

Naftos kainos vėl nukrito žemiau 30 dolerių ribos, tam daugiausia įtakos turi perteklinė pasiūla pasaulinėje rinkoje, informuoja naujienų agentūra „Reuters“.