Lithuania’s Central Bank has promised to assess information regarding Latvian VIA SMS Group working in the country. This decision is a reaction to the statement made by Seimas National Security and Defense Committee member Arvydas Anusauskas that people associated with former Parex Banka owners worked in that company. “Before issuing the aforementioned association a license…
Port of Klaipeda had filed a 1.9-million euro lawsuit against its Eugenijus Gentvilas, former CEO of Port of Klaipeda, who is now a parliamentarian and chairman of the Liberal Movement party. According to the port authorities, the port suffered damage under his leadership, failing to pay to the builders in time. Gentvilas said he doubted…
Ten Lithuanian meat-processing companies have been given the green light for exporting chilled and frozen beef and pork and beef and pork products. The Lithuanian State Food and Veterinary Service said that it had received confirmation from Hong Kong’s competent authority. The ten companies are Utenos Mesa, Agaras, Krekenavos Agrofirma, Pajurio Mesine, Agrovet, Biovela’s meat…
Freight volume handled at the Port of Klaipeda in January-June grew by 7.6% YoY, to 22.2 million tons, the Port Authority statistics said. Container throughput totaled 74,370 TEUs. In the reporting period the port serviced 143,180 passengers, up by 1%. The number of calls totaled 3,257 (+0.4%). The state-run Port of Klaipeda, the northernmost ice-free…
A direct flight between Vilnius and London City Airport might be launched in the spring, Lithuanian Economy Minister Virginijus Sinkevicius says. He and his counterpart of the Transport Ministry, Rokas Masiulis, currently substituting for Environment Minister Kestutis Navickas, signed an order on the establishment of a flight between Vilnius and London City Airport, vital for…
President Dalia Grybauskaite has signed the laws overhauling the country’s tax system, adopted by the Seimas. For the laws to come into effect early next year they must be published six months earlier. The laws are related to the personal income tax, state social insurance, health insurance, tax administration, the profit tax, public procurement, VAT…
The Lithuanian government backed the government’s proposal to raise excise tax rates for cigarettes and other tobacco products, including liquids used in e-cigarettes, and to subject nicotine free e-liquids to an excise duty starting next March. The Seimas approved the government’s three-year plan for increasing the excise duties by 6-14% in a vote of 100…