The Baltic country Latvia has a very keen interest in the Nuclear Plant based in Visaginas Lithuania, Latvia would like up to one fifth which is not a huge request. The project is to be complete by the year 2020, that also would have the involvement of Hitachi Ltd a known strategic investor. The...
The furniture giant IKEA is heading to Lithuania bringing great news to the Country and the Region. The location Vilnius is where it is to set home – planned for 2013 and with an investment of over one hundred million Euros it will make it the biggest Furniture Retail Complex in the Baltic’s. UAB...
Speedy Internet Service. Lithuania is at the top with its internet service hammering the leading economies USA (with a position 33) and UK (with a position 38). This news has brought great awareness to the Baltic Region and it can only do good for its economy with a speed of over 31.8 mbps reported,...
Lithuania is on the up with records of over 6.5 percent growth in the first six months of 2011 making its economy rise one of the fastest in Europe; this is great news for the country and of-course for the Baltic Region as it cannot be forgotten how Lithuania’s GDP dropped by approximately 14...
The financial market in Lithuania has been in the limelight with the country’s central bank to merge with the Insurance Supervisory Commission and the Securities Commission. The news was approved by the Lithuania Parliament which is great for the country and its economy especially at times of the Eurozone crises. The Insurance Supervisory Commission...
It was reported in the Delfi.It recently that a number of Russian banks are investigating the Lithuanian banking system with the idea of opening branches in Lithuania. This was revealed after a meeting between Vitas Vasiliaskas, chairman of the board of the Central Bank of the Republic of Lithuania, and the Social Democrats in...
