Businessman Igor Udovickij, the top shareholder of Biriu Kroviniu Terminalas (Bulk Cargo Terminal, or BKT), a Klaipeda port company that used to handle Belarusian fertilisers, has applied for regulatory clearance to buy 30% of BKT’s shares from the sanction-hit Belarusian fertiliser producer Belaruskali. “Concentration is being implemented by Igor Udovickij by purchasing 30% of shares…
Russian nationals have crossed the Lithuanian border 130,000 times since the start of the Ukraine war in late February, Foreign Minister Gabrielius Landsbergis has said, arguing for measures to restrict Russians’ access to the EU. “Over 130,000 Russian citizens with a Russian passport and a Schengen visa have crossed the Lithuanian border since the start…
Lithuanian President Gitanas Nauseda said that he would rather see the government subsidise energy costs than raise defence spending to 3% of GDP in 2023, if there were not enough money for both. “We must set our priorities very clearly: if our financial and macroeconomic situation allows it, I’d say that both priorities should be…
Lithuanian Railways (LTG) said on September 3 it received advance payments for 2.5-million-euro-worth of Russian transit freight shipments to and from Kaliningrad, meaning that it would continue to transport goods to and from the exclave for around three weeks. Further transit shipments between mainland Russia and its Kaliningrad region will depend on whether LTG’s customers…
Lithuanian Foreign Minister Gabrielius Landsbergis has called on the European Union to return to discussions about sending a military peacekeeping mission to protect the Zaporizhzhia Nuclear Power Plant in Ukraine, which is currently held by Russian forces. “We have never been so close to a nuclear disaster, as we are now. Just regretting the situation…
The Financial Crimes Investigation Service (FNTT) has denied Lithuanian Railways (LTG) a general authorisation to receive payments for the transit of sanctioned goods between mainland Russia and its Kaliningrad exclave and will look into each request on a case-by-case basis. The FNTT says it cannot grant the general authorisation requested by LTG to receive and…
Turto Bankas (Property Bank), Lithuania’s centralised public property management company, was hit by a cyberattack on August 30, which briefly knocked out its external websites. The company believed it was a response to its “putinOut” campaign. The websites turtas.lt and valstybesturtas.lt were down between 12:30 and 13:00 as a result of a distributed denial of…