Some Lithuanian trucks have been stranded in Kazakhstan due to massive unrest gripping the country. The real situation is difficult to know due to Internet and mobile network blockages, but logistics companies have already been affected, business representatives say. According to Linava, Lithuania’s National Road Carriers Association, the mass unrest in Kazakhstan complicates the logistics…
Lithuania could consider building small-scale nuclear power plants in the future to speed up the restructuring of its energy sector, the President Gitanas Nauseda has said. “We can discuss, for example, small-scale nuclear power plants. For the time being, we have to focus on the need to produce green energy and diversify our energy sources,…
Some airlines are canceling their flights from Lithuania, according to the country’s airport operator. “The flights are being suspended temporarily and are planned to resume from February,” Aurimas Stikliunas, the head of aviation services at Lithuanian Airports (LOU), has said. “The suspensions are due to tighter restrictions or very low demand,” he added. Flights from…
Lithuanian Airports (LOU), the state-owned airport operator in Lithuania, plans to buy self-service baggage drop-off equipment. The airport operator wants to start using ten self-service baggage drop-off stations at Vilnius Airport’s new terminal scheduled to be completed until mid-2024, Marius Zelenius, head of communication at LOU, has said. It would be a one-step system that…
Foreign investors have approached the Lithuanian government about pressure they receive from China, Economy Minister Ausrine Armonaite has said. “We have received an appeal from an association of German businesses, addressed to the foreign minister and myself. We are in regular and direct contact with investors. These concerns were expressed to us some time ago,”…
The government earmarked 6 million euros for Lithuanian businesses affected by China’s restrictions. Finance Minister Gintare Skaiste said the money would help businesses boost their competitiveness and diversify markets. “Given the geopolitical tensions and the problems businesses are facing in China today, especially exporting businesses, we propose to provide 6 million euros from the European…
Lithuanian Economy Minister Ausrine Armonaite said she had no information on investors leaving Lithuania because of its soured relations with China. “We have information on investors’ concerns, but no investor has left Lithuania or has real plans to do so in the near future,” Armonaite said during the Government Hour in the Lithuanian parliament on…