Lithuania: President signs laws on tax overhaul

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…

Belarus: 700 tractors sold to Lithuania in 2017

Belarus-made agricultural machines traditionally sell well in Lithuania. Ambassador of Belarus to Lithuania Alexander Korol made the relevant statement. The diplomat said: “About 700 tractors were sold in Lithuania last year alone. Lithuanian farmers unwaveringly prefer Belarusian machines. The Belarusian tractor maker MTZ has a representative office in Lithuania.” Alexander Korol is convinced that when…

Lithuania: Lietuvos Gelezinkeliai joins Interrail

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: tender for GIPL construction started

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…