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WESTERN UNION OPENS REGIONAL CENTRE IN VILNIUS Added 2011-05-06 On 5 May the global money transfer giant Western Union opened its European Regional Operating Centre in Vilnius. “This outstanding American company's choice of Lithuania to host its operations in Europe confirms that Lithuania has arrived on the...
FITCH UPGRADES LITHUANIA’S OUTLOOK Added 2011-05-05 Fitch Ratings agency increased Lithuania’s outlook from stable to positive and affirmed its long-term foreign currency rating at BBB and its long-term local currency rating at BBB+.
KLAIPĖDA PORT WILL PROVIDE COMPETITIVE CONDITIONS TO VESSELS TRANSPORTING VEHICLES Added 2011-04-27 Considering changes in the market the Ministry of Transport and Communications of the Republic of Lithuania suggested reducing port dues by 30 percent to car carrier ships entering Klaipėda Port. The suggested maximum due amount was approved by...
WORLD BANK: EU10 WILL REBOUND WITH LITHUANIA IN FRONT IN Added 2011-04-22 Hard hit by the global financial crisis, the economies of EU10 members (Lithuania, Latvia, Estonia, Czech Republic, Hungary, Poland, Slovakia, Slovenia, Cyprus and Malta) are set to rebound in 2011 and 2012, a recent World Bank study shows. "The...
DELL CONSIDERS INVESTMENT OPPORTUNITIES IN LITHUANIA Added 2011-04-13 One of the largest technological corporations in the world, listed No. 38 on the Fortune 500 (2011), DELL Inc. is considering establishing its customer support centers in Lithuania. DELL's representatives met with the Ministry of Transport...
KAUNAS WAS PRESENTED AT THE TRAVEL SHOW EXPO IN LOS ANGELES Added 2011-03-23 The idea to present Kaunas at the largest tourism event Travel Show on the U.S. West Coast was born during the visit of Lithuanian Ambassador to the U.S.A. Žygimantas Pavilionis to Los Angeles and was given flesh and blood on 19-20 March....
EU‘S 2ND HIGHEST GDP (REVISED DATA FROM EUROSTAT) Added 2011-03-21 Lithuania recorded the 2nd highest quarterly GDP growth rate in Q4 of 2010 in the EU, revised data from Eurostat showed on 3 March.
A LITHUANIAN TRADE OFFICE OPENS IN CHICAGO Added 2011-03-19 Enterprise Lithuania, the main governmental institution responsible for the promotion of exports of Lithuanian goods and services this year has appointed Ingrida Bublys and Linas Klimavicius to act as their direct representatives for the US...
LITHUANIAN AMBASSADOR AND HONORARY CONSULS IN THE U.S.A. DISCUSS BUSINESS AND TOURISM PROMOTION OPPORTUNITIES Added 2011-03-08 On 5 March in St. Petersburg, the state of Florida, Lithuanian Ambassador to the United States of America Žygimantas Pavilionis and Lithuanian consuls general and honorary consuls in the U.S.A. discussed Lithuanian-U.S. relations in the areas of...
ECONOMIC COOPERATION BETWEEN LITHUANIA AND THE U.S.A. MUST BE EXPANDED, LITHUANIAN FOREIGN MINISTER SAYS Added 2011-02-18 On 17 February, at the meeting with U.S. Chamber of Commerce’s Vice President for Europe and Eurasia Peter Rashish in Washington D.C., Lithuanian Minister of Foreign Affairs Audronius Ažubalis stressed that Lithuania was interested in...