Reconstruction of Palanga Airport: main works to begin in September

The European Commission (EC) has approved a public support measure for Palanga Airport in Lithuania under EU State aid rules. Investment aid amounting to €10.25 million is planned for the modernisation of the airport’s infrastructure: reconstruction of the runway, taxiway, southern and northern aircraft aprons, and refurbishment of engineering systems.

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LiTak-Tak plans to bring EUR 140 mln arbitration claim against Lithuania

The Ukrainian owners of Lithuania's air defense systems developer and producer LiTak-Tak has submitted a claim to the Lithuanian government, saying they will turn to international arbitration if no deal is reached within six months.

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At-risk-of-poverty rate falls during pandemic

The at-risk-of-poverty rate in Lithuania decreased during the pandemic, but not in all population groups, the country's statistics office said on Friday.

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Mandatory COVID-19 testing for certain professions comes into force

Mandatory testing for COVID-19 is coming into force in Lithuania on Monday as the country battles to take the spread of the Delta variant under control.

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Economy minister to visit Kazakhstan in early September

Economy and Innovation Minister Ausrine Armonaite is planning to travel to Kazakhstan in early September to bolster economic cooperation and open up new opportunities for Lithuanian businesses.

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Expert: have no illusion about Ukraine after Nord Stream 2 is completed

A Lithuanian energy experts has doubt about Berlin's promise to help maintain Russian gas transit via Ukraine or sanction Moscow if it starts abusing its dominant position, following the recent US-German compromise agreement on the Nord Stream 2 gas pipeline Russia is laying on the bed of the Baltic Sea.

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Businesses need more third-country workers

Lithuanian businesses lack workforce and their representatives have asked the prime minister to allow more workers from third countries to come to Lithuania.

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Presidential adviser Krepsta joins central bank's board

Lithuanian President Gitanas Nauseda has appointed his adviser Simonas Krepsta a board member of the country's central Bank of Lithuania.

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Banks to step up checks of Belarusian payments

Lithuanian banks will from now on make more thorough checks into international payments linked to restrictions for Belarusian sectors.

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The soaring demand for data engineers offers an easy break into a tech career

Software engineers have long been the most sought-after and best-remunerated tech specialists out there. But the tide is turning, and data engineers are now the most in-demand professionals. Data engineering is having its golden age now, boasting the highest starting salaries across the IT industry, with headhunters seeking even freshly-minted engineers.

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Passenger flow more than doubled at Lithuanian Airports in the second quarter

Lithuanian airports combining three air gateways in Vilnius, Kaunas and Palanga record a rapid recovery of passenger aviation. Compared to the first quarter of 2021, the number of passengers more than doubled and the supply of flights was 71% higher in the second quarter.

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Defense minister: sanctions over migrant flows could affect airlines

Sanctions for organizing migrant flows from Belarus could affect some airlines, Lithuanian Defense Minister Arvydas Anusauskas said on Tuesday.

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Mantas Vilkas. The current situation of Lithuanian manufacturing is assessed better than future prospects. Why?

A few years ago, Continental and Hella established production sites in Lithuania. Some months ago, Yazaki announced the closure of the plant in Lithuania. It is worth looking more closely at what determines the decisions of global manufacturing companies to establish or close factories.

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Lithuania borrows EUR 750 mln in international markets

Lithuania on Thursday borrowed EUR 750 million in international capital markets by issuing a 30-year Eurobond, the Finance Ministry said.

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Lithuanian Airports announces tender for aviation fuel infrastructure lease

Lithuanian Airports are launching an international tender to lease the existing fuel storage facilities at Vilnius and Palanga airports for ten years to manage the existing infrastructure as efficiently as possible.

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Winners of the Fundermax Facade Competition announced

The competition was organised by Exterus, the interior and exterior materials supplier, during the legendary architects’ festival ARHFEST’21. The competition featured 13 buildings designed by Lithuanian architects for a wide range of purposes, including private and apartment buildings, shopping centres, hotels, and leisure centres. The best works were selected by the readers of the news portal Delfi, and the guests of ARCHFEST’21, who were architects and professionals related to the architecture industry.

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Business complains of labor shortage

Lithuania’s businesses complain of labor shortage as workers tend to opt for the allowances paid by the state whereas workers complain of pressure on the part of their employers, heavy workload, refusal to give leave and insufficient wages.

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First steps are taken to regulate the eSIM innovation in Lithuania

After the Government has approved the draft of the Law on Electronic Communications (LEC) and other relevant legislative acts submitted by the Ministry of Transport and Communications, steps have been taken to make Lithuania one of the first countries in the European Union (EU) to regulate and give the right for service users to receive public communications services via embedded subscriber identification modules (eSIM).

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President signs adjusted 2021 budget into law

Lithuanian President Gitanas Nauseda has on Wednesday signed the adjusted 2021 state budget into law.

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Ministry proposes to withdraw part of Mobility Package lawsuit

Lithuania's Ministry of Social Security and Labor has proposed to withdraw part of the country's lawsuit filed with the EU Court of Justice over the Mobility Package adopted last year and regulating haulers' operation in the EU.

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