Lietuvos Gelezinkeliai (Lithuanian Railways) has joined Interrail, a European train system that allows passengers to buy cheaper tickets for train travel across Europe. Linas Bauzys, director of the Passenger Transportation Directorate at Lietuvos Gelezinkeliai, says that the state railway company aims to improve rail connections with Western Europe. According to him, joining the Interrail system…
Lithuania’s natural gas transmission system operator Amber Grid launched an international tender for the construction of Gas Interconnector Poland-Lithuania (GIPL). The deadline for submitting bids is August 8, according to the competitive tender notice on the European and Lithuanian public procurement websites. Amber Grid and its Polish partner, Gaz-System, in late May signed a grid…
Lithuania’s government will try to negotiate more of EU cohesion support for regional development after the European Commission suggested cutting such support by 13% in the new budget, Vice Minister of Finance Migle Tuskiene says. In her words, Lithuania will try to negotiate with other EU member states and the European Parliament for the support…
A proposal to increase the minimum wage by 20 euros, to 420 euros next year has reached Lithuania’s Tripartite Council, which is set to make the decision later. The proposal was submitted by Gediminas Simkus, head of the Bank of Lithuania’s Economics and Financial Stability Service. Arturas Cerniauskas, chairman of the Council, representing employees, said…
Independent power supplier Elektrum Lietuva, a part of Latvian energy group Latvenergo, is launching a new business and will help residents and businesses to install solar panels this month already. Elektrum Lietuva CEO Martynas Gina says the company is the first on the market to provide such services. Elektrum Lietuva has been operating in Lithuania…
President Dalia Grybauskaite has signed a law on the ratification of the trade agreement between the European Union and Canada. Currently around 150 Lithuanian companies export to Canada, with as many as 80% of them being small or medium, according to a statement issued by the presidential office. The EU-Canada trade agreement will eliminate 99%…
The trade turnover between Ukraine and the Republic of Lithuania exceeded $1 billion in 2017, Prime Minister Volodymyr Groysman wrote on Twitter. “We are greeting the Prime Minister of Lithuania in the House of Government. Saulius Skvernelis is on a visit to Ukraine. We are talking about political and economic cooperation. Our mutual trade exceeds…