More Housing Being Built, But It's Not Easier for People to Afford ↗
Front page leadDespite an increase in housing construction, the affordability of homes for the general population remains a significant challenge.
Lithuania
Verslo žinios
Verslo žinios, a Lithuanian business news outlet, highlights domestic economic issues such as the housing market's affordability and challenges in public procurement. International news focuses on global conflicts and economic sanctions. The site also features business news from Lithuanian…
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Public Procurement Absurdity: J. Morkūnas' 'Pirmoji kava' Won a €1.3 Million… ↗
A public procurement tender worth €1.3 million for 'Pirmoji kava' by J. Morkūnas was awarded under unusual circumstances, including a negative price bid, highlighting potential issues in the public procurement system.
Trump Declares Wide-Scale Campaign Against Iran's Economy; After New Russian… ↗
US President Donald Trump announced a broad economic campaign against Iran, while Ukrainian President Zelensky urged the international community to react to new Russian attacks.
Teltonika, Following Clients to Asia, Lends €5.3 Million to Its Vietnam Factory ↗
Lithuanian company Teltonika has financed its factory in Vietnam with €5.3 million as part of its expansion into the Asian market.
Structural Collapse in Low-Value Parcels from China: 98% Drop in July ↗
The market for low-value parcels shipped from China has experienced a significant structural decline, with a 98% decrease in volume during July.
R. Šimkutė: Thousands of Lithuanian Companies Will Soon Understand - TIS2… ↗
An analysis by R. Šimkutė explains that numerous Lithuanian companies may soon realize that TIS2 regulations are applicable to them, irrespective of their current registration status.
In Lithuania, a 40-Year-Old Woman is Already 'Too Old' for the Labor Market ↗
A discussion on the Lithuanian labor market highlights that women around the age of 40 are considered too old to enter or advance in the workforce.
A Year of Building the National Stadium: What are the Biggest Challenges… ↗
An update on the construction of the National Stadium discusses the major challenges that persist and the frustrations expressed by A. Avulis.
'Akola Group' Revenues Decreased by 4%, Profits by 29% ↗
The financial report for 'Akola Group' indicates a 4% decrease in revenue and a 29% drop in profits.
Having Just Opened a Factory in Kaunas FEZ, 'Burga' Has Already Planned… ↗
After recently opening a new factory in the Kaunas Free Economic Zone (FEZ), the company 'Burga' is set to further expand its operations with an additional €34 million investment.
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