Legal alcohol consumption in Lithuania rose last year, with adults consuming 12.1 litres of pure alcohol per capita in 2021, up by 0.7% YoY. Lithuania’s retailers and caterers sold 3.3 million decaliters of spirits (vodka, whiskey, brandy, etc.) last year, up by 11.8%, according to data by Statistics Lithuania. Wine and fermented beverage sales increased…Details
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As many as 98% of Polish municipalities have received aid under the government’s Strategic Investment Programme, Mateusz Morawiecki, the prime minister, has said. According to Morawiecki, each of the municipalities benefiting from the programme has seen at least one project approved. “We need an economic model that is based on solidarity, one in which the…Details
The turnover of liquefied petrol gas importer LLC Intergaz was EUR 19.857 million in 2021, up by 64.4% YoY. However, the company’s profit decreased by 34.8%, to EUR 198,068. The annual account from the company indicated that last year Intergaz continued working on improving competitiveness and developing employees’ skills in management, project management and various…Details
Russia’s full-scale invasion of Ukraine has prompted economic sanctions as well as talk of terminating business in Russia, but the import of raw materials from Russia to Estonia is still in the process of winding down. According to involved parties, however, things are heading in that direction, with companies taking full advantage of contracts concluded…Details
Lithuania’s Laisves TV said on May 28 it had raised 5 million euros to buy a Bayraktar military drone for Ukraine. “Now we can really celebrate,” Andrius Tapinas, the host of Laisves TV and the initiator of the campaign, said during a live broadcast. He also thanked all people who contributed and donated money for…Details
Taxpayers from Chisinau have been warned about the need to pay real estate tax for the fiscal period 2022. The local tax collection department has already sent the payment notices, through postal services, and the payment will be made until June 30, the Capital City Hall has reported. “The owners of the electronic and /…Details
In the next few years, the expenses related to green transformation, which make it possible for Poland to meet the climate targets of the European economy, may reach even PLN 100 billion annually. Such a huge challenge is impossible to undertake without the involvement and determination of the entire banking sector, as Jerzy Kwiecinski, Vice…Details