Lithuania: Contraband cigarettes account for 19% of market: KPMG

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%…

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Lithuania: Hundreds take part in Vilnius Pride march

Hundreds of people took part in the Vilnius Pride march in the Lithuanian capital, Vilnius, on 1 July 2023, LRT reported. The march was organised by the Trans Autonomija association and civil society initiative Demonstruokimes (Let’s Demonstrate). Families with children and foreign guests had come to express their support for the Lithuanian LGBT community. Participants…

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Lithuania: Government bans transit of dual-use components

The Lithuanian government has imposed a temporary ban on transit shipments of specific dual-use goods through Lithuania, Baltic News Network reports. The concern is that these goods could ultimately reach Russia and Belarus and be used in the war in Ukraine. The control list comprises 57 categories of goods subject to restrictions, primarily items containing…

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Lithuania: Foreign Minister urges Hungary not to delay Sweden’s NATO bid

Lithuania’s Foreign Minister, Gabrielius Landsbergis, urged Hungary not to delay the ratification of Sweden’s NATO membership until autumn 2023, Baltic News Network reports. He emphasised the importance for Hungary to fully comprehend the implications that such a delay could have on the security of the entire NATO alliance, particularly in the Baltic region. Earlier, the…

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Lithuania: Ignitis Grupe to invest EUR 25mn in energy startups

Lithuania’s state-owned energy group, Ignitis Grupe, will invest EUR 25mn in energy and climate change startups over ten years through Germany’s World Fund, Baltic News Network reports. The group has signed an investment management agreement with WF World Fund Management. Earlier, Ignitis Grupe announced that World Fund would manage the group’s second venture capital fund….

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