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…