Industry grew 5.1 percent this year.
The value of industrial production this year in January–July reached 22.6 billion euros (at current prices) and was 5.1 percent higher than in the same period last year.
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Coastal Park established in Klaipėda by the Danė River for 140 thousand euros
The section of the Dangė River embankment near the “Klaipėdos baldų” factory has been renovated in Klaipėda. Through the joint efforts of the company “SBA Home” and the Klaipėda city municipality, the Pakrantė has been opened here…
In August, business activity in the euro area continued to grow
In August, eurozone business activity increased slightly for the second consecutive month, according to data released on Friday. This was mainly influenced by growth in the manufacturing sector,…
Another company is laying off employees: here is who will lose their jobs
UAB „JETMS Interiors“, engaged in the production of civil aircraft and spacecraft and related equipment, will lay off some employees starting in September.
One of the leaders of “Akola Group”: after acquiring “Kauno grūdai”, a new feed factory could be built in Kėdainiai
One of the largest agricultural and food production groups in the Baltic countries, “Akola Group,” is considering building a larger feed factory in Kėdainiai, where it would relocate its operations from the center of Kaunas…
Ukrainians struck an important company of the Russian space program: what could be the consequences?
Videos posted by local residents show a damaged factory. At the same time, the authorities reported damage to an unnamed industrial facility, writes unian.net.
„Homanit Lietuva“ will temporarily halt production, lay off 200 employees
In the Vilnius district, Pagiriai, the German capital wood fiberboard manufacturing company “Homanit Lietuva,” which operates and is constantly criticized by local residents for pollution, temporarily…
„Ignitis gamyba“ implements smart hydroelectric power plant management solutions
The state-owned energy group “Ignitis Group” subsidiary “Ignitis gamyba” is implementing a new advanced hydroelectric power plant management platform – it will help manage Kruonis more efficiently…
President welcomes agreement on ammunition production for Ukraine in Lithuania
President Gitanas Nausėda welcomes the future investments of the Ukrainian defense industry company – Dnipro Electromechanical Plant (DEMZ) – in establishing defense ammunition components…
Lithuania and Ukraine’s DEMZ signed a major project investment agreement
The Minister of Economy and Innovation of Lithuania and the head of the Ukrainian defense industry company – Dnipro Electromechanical Plant (DEMZ) signed a major…