The mother company of Espersen Lietuva fish processors, situated in Klaipeda, is Danish A. Espersen, which is one of the largest fish processors in the Nordics. It has recently been reported that it has plans to raise capacities in the Lithuanian branch by extending the existing building. This expansion could potentially raise capacity by...
For the forth year running Lithuania have shown recognition to their country’s top and best performing Chief Financial Officers (CFO) at ‘The Committee of CFO of the Year Awards’ held in Vilnius earlier this month. CFO of Lithuanian Post, Kestutis Jarzemskas, won the title of the CFO of the Year in the Public Sector...
16th to 28th July 2012 the Vytautas Magnus University (VMU) in Kaunas, Lithuania will be holding a course entitled ‘Refresh in Lithuania’. The course is to be aimed at Lithuanians currently living in Lithuania or those who have moved abroad who wish to rediscover a connection to the traditions and heritage of their native...
Retail trade figures have always been viewed as a good ‘on the ground’ indication of the country’s financial health, if people feel confident and comfortable they spend more. Recent figures have shown a much awaited recovery in Lithuania’s retail trade sector. In 2011 Lithuanian trade figures demonstrated a recovery of 8.8% compared with the...
Euro Fever is to hit Lithuania. The government of Lithuania is still keen to take up the euro, the finance minister Ingrida Simonyte said, “I base my belief on the experience of Estonia and I definitely think that investors took the fact that Estonia is in the euro zone as a positive step despite...
Euro is in the Lithuaniaa path for 2014 indicated by Virgis Valentinavicius an advisor to Andrius Kubilius the Prime Minister of Lithuania. This is great news for the country and the Baltic Region and will most likely help it’s economy. As Lithuania will have the upper limit accepted by the EU regarding it’s GDP...
