The Ministry of Economy and Innovation has granted large investment project status to the facade systems manufacturer “Staticus Group” for the 31.5 million euro project “Campus Staticus”…
The French Ministry of Agriculture announced on Monday that due to unprecedented heat waves and an extremely dry summer, this year’s French wine production volumes, compared to…
The German automobile manufacturing giant “Volkswagen” announced on Monday that one of its factories will be converted for the production of defense equipment for the Israeli concern “Rafael” after…
Next to the state-owned explosives manufacturing company “Detonas,” planned to be built in Naujoji Akmenė, a military explosives factory worth up to 200 million euros, the Šiauliai Region Development Council…
Lithuanian Industry Companies’ Expectations Index (PLI) in August reached 47.2 points and was 0.45 points lower than in July – this indicator is the lowest this year, reported on Thursday…
A new 7,500 square meter window factory of UAB “Aradas” is being completed in the Alytus industrial park, with an investment of about 6 million euros. Production is planned to start here in 2026….
The European Union has planned billion-euro support for investments in biotechnology, Lithuania will seek to attract manufacturers of medicines, especially antibiotics, says the Minister of Economy and Innovation…
Finance Minister Taurimas Valys says he will seek a loan from the Nordic Investment Bank (NIB) for the expansion of Giraitė Weapons Factory, the only ammunition manufacturer in the Baltic States –…
The only ammunition manufacturer in the Baltic countries, Giraitė Weapons Factory, plans a second ammunition production line worth 36.4 million euros, which is proposed to be recognized by the Government as state…
The trailer and semi-trailer manufacturer “Schmitz Cargobull Baltic,” operating in Panevėžys and controlled by the German group “Schmitz Cargobull,” received 237.5 million last financial year….