On 20 October, Akola increased its shareholding in OMG Bubble Tea to 51%, gaining control of the Lithuanian beverage producer. The move reflects continued consolidation in the...
A report published on 16 October said a Lithuanian court had overturned a €1.02 million fine imposed on fuel retailer Emsi over its acquisition of four petrol stations without...
On 20 October, the European Investment Bank and Council of Europe Development Bank announced a combined €110 million financing package for Vilnius public transport operator VVT....
On 20 October, Lithuanian agricultural and food group Akola increased its ownership of OMG Bubble Tea to 51%, gaining control of the producer. The company’s sales are heavily...
The draft state budget approved on 16 October includes planned increases in wages and pensions alongside national expenditure of €27.9 billion. These proposed measures may...
Public procurement results published during the week included a €89,800 award for medical-device sterilisation and disinfection supplies and a €484,000 laboratory-reagent award....
On 16 October, Lithuania’s government approved a draft 2027 state budget proposing €27.9 billion in expenditure, with defence spending maintained at 5% of GDP and planned...
On 20 October, the Nordic Investment Bank signed a 12-year financing agreement of up to €10 million with Vilnius municipal energy group Gijos to modernise the capital’s street...
A public procurement award published on 19 October covered printed materials designed to improve reading skills among pupils in grades 1–4. The €225,000 contract was awarded to...
Lithuania continues to attract visitors through its historic cities, cultural attractions, natural landscapes and growing business travel activity. Vilnius, Kaunas and coastal...
Lithuania continues to strengthen its digital economy through technology adoption, software development, cybersecurity and modern business infrastructure. Organisations across...
Lithuania continues to develop its startup ecosystem, particularly in fintech, software development, cybersecurity and other technology-driven industries. Entrepreneurs are...