The German IT service company, DATAGROUP, has established a Lithuanian subsidiary, DATAGROUP Operations Lithuania, BNS reports. The company plans to hire up to 30 people to its new office in Kaunas by the end of 2024 and later increase the headcount to 50. The office will focus on AI, cyber security, and IT architecture and…
Lithuania’s state-owned airport operator, Lietuvos Oro Uostai (Lithuanian Airports, LTOU), plans to invest another EUR 250mn in 2025-2052, according to a study drawn up by Dutch aviation consultancy NACO, BNS reports. Under the plan, LTOU would invest around EUR 180mn in developing Vilnius International Airport, EUR 50mn in Kaunas Airport, and EUR 20mn in Palanga…
Ukraine’s National Agency on Corruption Prevention (NAZK) has added Lithuanian fish processor Viciunai Group to its list of “International Sponsors of War,” BNS reports. NAZK stated that Viciunai Group has continued production and hiring at its plant in Russia’s Kaliningrad region even after announcing that it was exiting Russia. Viciunai Group declined to comment on…
UNESCO’s World Heritage Committee has added the old town of the western Latvian city of Kuldiga and the modernist architecture of Lithuania’s second-largest city, Kaunas, to the list of World Heritage Sites. Kuldiga sought the designation for more than 20 years, LSM reported. Parts of the city’s historical centre date back to the 13th century….
Apartment rental prices in Lithuania are 20% higher than before Russia’s full-scale invasion of Ukraine, LRT reports. In Vilnius, the rental price of a one-bedroom apartment is around EUR 1,000 or more per month in the city centre, EUR 700-800 in new buildings, and EUR 500 in old buildings. In Kaunas, rents are around EUR…
Average labour income in Lithuania stood at EUR 1,980 before taxes in the second quarter of 2023, which was up 12.3% from the same period of 2022, according to the State Social Insurance Fund (SoDra), BNS reports. The average monthly net wage amounted to EUR 1,230, which was up 11.2% over a year. The fastest…
Lithuania’s Minister of Transport and Communications, Marius Skuodis, has appointed Simonas Bartkus as the new CEO of the state-owned airport operator, Lietuvos Oro Uostai (Lithuanian Airports, LTOU), as of 16 August 2023. LTOU’s previous CEO, Marius Gelzinis, resigned in June 2022. Bartkus has 10 years of management experience in the aviation and transport sectors. LTOU…
The Lithuanian parcel locker operator, Omniva LT, has started the construction of a parcel sorting terminal in the Kaunas Free Economic Zone, Baltic News Network reports. The company plans to invest over EUR 40mn in the facility and sorting technology. Omniva LT expects construction to be completed in the second quarter of 2024. The terminal will…
A significant quantity of chemicals of unknown origin was discovered during an inspection of the property of Lithuania’s Public Security Service (VST) in Kaunas, according to the Ministry of Interior, DELFI reports. Arunas Paulauskas, deputy head of VST, said that the chemicals were originally transferred to VST by the Kaunas Prosecutor’s Office for storage and…