Do you earn more than 2 thousand euros? You are among the richest residents of Lithuania
Is 1.9 thousand euros per month in Lithuania already considered rich? Statistically – yes: a single person earning such income falls within the top fifth…
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„Eleving Group“ revenue increased in the first half of this year
Latvian non-bank lender “Eleving Group” operating in Lithuania reported that its revenues for the first six months of this year, compared to the same period last year,…
„Vilvi Group“ revenue grew 33% this year to 223 million euros
One of the largest dairy processing groups in Lithuania, “Vilvi Group,” received consolidated revenues of 223.3 million euros from January to July – 33.4% more than in the same period before…
„Litgrid“ adjusted EBITDA grew 12% to 30 million euros, revenue – 28% to 267 million euros
The electricity transmission system operator “Litgrid” earned 29.9 million euros of adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) in the first half of this year –…
„Fitsout“ revenue grew 24% in the first half to 23.7 million euros
The largest project furniture manufacturing company in the Kaunas region, “Fitsout,” owned by Gediminas Žiemelis, the owner of the aviation business group “Avia Solutions Group,” reported revenues for the first quarter of this year…
State and municipal budgets supplemented by 11 billion euros in half a year
According to the Ministry of Finance, in the period from January to June this year, state and municipal budgets (excluding EU and other financial support) received revenues of 11 billion euros – 789.8 million….
„Paysera LT“ manager: last year’s revenue, according to unaudited data, grew by 13.7%
The head of the electronic money institution “Paysera LT,” Justina Šidlauskienė, says that sales revenue grew last year – according to unaudited data, by 13.7%, but due to increased costs…
„Utenos trikotažo“ revenue fell by 8%: what caused the loss?
The revenue of the textile manufacturing company “Utenos trikotažas,” managed and restructured by the SBA group, reached 8 million euros in the first half of this year and was 8.1% lower than last year…
„OP Corporate Bank“ profit in Lithuania decreased by 17% to 7.6 million euros in half a year.
The Lithuanian branch of OP Corporate Bank, managed by Finland’s largest financial group “OP Pohjola” (formerly “OP Financial Group”), earned 7.6 million euros in profit in the first half of the year before…
It became clear how Lithuanian businesses fared last year: the latest data revealed
After many companies submitted their financial statements for the past year to the Centre of Registers, trends emerged showing how the country’s entrepreneurs fared last year. The Centre of Registers performed…