Poland’s consumer authority has imposed a 5.3-million zloty (EUR 1.14 million) fine on Vinted, a Lithuanian 3.5-billion-euro platform for trading second-hand clothing and items. Vinted “had provided inadequate information regarding the conditions of access to the money earned by sellers on the platform and the possibility of opting out of a paid feature protecting buyers”,…
The number of electric car charging stations in Lithuania is expected to increase at least 10-fold within the upcoming eight years, Transport and Communications Minister Marius Skuodis has said. On May 11, the minister presented a roadmap for developing an infrastructure for electric vehicle charging points until 2030. According to Skuodis, there are around 9,000…
In 2021, net profit of Lithuania’s Port of Klaipeda rose by 2.7% YoY, to EUR 36.3 million, according to the port’s authorities. The port’s revenues remained flat, at EUR 66.1 million. “Today, we are making every effort to attract new cargoes and we are working actively in the segment of wind energy, assembly and storage…
In response to Russia’s ongoing war in Ukraine, the Lithuanian parliament adopted amendments to allow gun owners to buy night vision sights. Ninety lawmakers backed the proposed amendments to the Law on Control of Weapons and Ammunition, five voted against and ten abstained. The changes are set to come into force in July. Initiated by…
Lithuania is considering using the US Lend-lease Act to backfill the weapons it has sent to Ukraine, Chief of Defence Lieutenant General Valdemaras Rupsys said on May 10. “My suggestion to the leadership of the Defence Ministry is to use it, but this involves a lot of technical details,” Rupsys told reporters in Rukla, in…
The value of Lithuanian agricultural and food exports has increased by almost 30% compared to the same period last year since Russia’s invasion of Ukraine. This increase was mainly due to higher exported agricultural and food products costs. The value of exports to Ukraine halved, while exports to Russia and Belarus increased by 10% and…
Imports from China have stabilised, but exports of Lithuanian goods to China are almost non-existent, Rimas Varkulevicius, president of the Association of Lithuanian Chambers of Industry, Trade and Crafts (LPPARA), has said. “There are practically no exports because China has removed many Lithuanian producers from registers and imposed other restrictions, he said. Some goods may…