China has lifted sanctions on two Lithuanian banks, Urbo Bankas and Mano Bankas, in a reciprocal step following a European Union decision to remove restrictions on Chinese financial institutions. The move was announced by China’s state news agency Xinhua News Agency, which said the measures were removed after the European Union lifted sanctions on Heihe…
Latvijas Pasts, which operates the largest parcel locker network in Latvia, is expanding into Lithuania and Estonia by establishing local subsidiaries. The move aims to create a unified parcel delivery infrastructure across the Baltic States and strengthen export capabilities for businesses in the region. In Lithuania, the company will operate under the “Pasts” brand starting…
The Government is continuing systematic deregulation in the construction sector with the aim of accelerating the reconstruction of housing, infrastructure, and social facilities, the Prime Minister Yulia Svyrydenko has announced. According to her, at the last session of the Cabinet of Ministers, important decisions were made to simplify regulations and accelerate reconstruction. A framework agreement…