A fire broke out at the Live Square business centre in the city centre of the Lithuanian capital, Vilnius, on 1 July 2023, DELFI reported. Firefighters and an ambulance arrived at the scene on Gediminas Avenue at around 2pm. The fire damaged a room on the first floor of the building. The cause of the…
Beer prices in Lithuania are rising, leading locals to question why they have to pay as much as they would in Paris or Rome, LRT reports. The price of a pint of beer in central Vilnius can range from EUR 3.5 to EUR 6. Raimondas Pranka, president of the Vilnius nightlife association, NaktA, explains that…
Renovation work on the ground floor of Latvia’s Riga City Hall has started, LETA reports. The Riga City Council awarded the EUR 142,000 contract to Riga-based construction company UL Nami, which is owned by Uldis Lieknins. Under the project, the company will renovate the lobby on the ground floor of the City Hall building by…
Estonia’s Consumer Protection and Technical Regulatory Authority (TTJA) checked 50 websites of companies and entrepreneurs providing accommodation services in autumn and winter 2022/2023 for compliance, DELFI reports. TTJA checked if the website information on service providers, prices, and booking conditions was correct and sufficient. The agency found that price information was unclear in 20 cases,…
Ukraine’s State Bureau of Investigation (DBR) has seized business documents of Ukrainian company IC Construction over suspected embezzlement at its Estonian partner, NGO Slava Ukraini, ERR reports, citing Ukrainian news portal Zaxid.net. IC Construction’s office in Lviv was searched on 23 June 2023. CEO Roman Panasyuk said that the company has launched an internal audit….
The Estonian company, Filaret, has set up collection boxes for cigarette butts in Tartu, ERR reports. Ines-Issa Villido, founder of Filaret, noted that around 300 tonnes of cigarette filter waste was created in Estonia every year, which equals to some 100 truck loads. Filaret’s collection boxes will stay at various locations in Tartu until the…
Lithuania’s foreign direct investment (FDI) development agency, Invest Lithuania (Investuok Lietuvoje), approved 26 FDI projects in the first half of 2023, LRT reports. The agency reported that 12 new foreign companies have announced investments in Lithuania, and 14 foreign firms already operating in Lithuania plan to expand. The investment projects are expected to create more…
Lithuania remains an EU leader in terms of the market share of contraband cigarettes, according to KPMG’s market research, DELFI reports. The study found that altogether 2.63 billion cigarettes were consumed in Lithuania in 2022, which was 0.2 billion less than in 2021. Contraband cigarettes accounted for 0.59 billion of the total, which was 19.2%…
Estonian pellet producer Graanul Invest reported sales of EUR 590mn in 2022, which was up 30% from 2021, ERR reports. The group’s annual net profit rose by 28% to EUR 111mn. The group produced 2.3 million tonnes of pellets in 2022, which was down from 2.5 million tonnes a year earlier. Due to raw material…