M. Šileika on Akola Group results and stock valuation discount ↗
Front page leadAn analysis by M. Šileika discussing the financial results of Akola Group and a discount on its stock valuation.
Lithuania
Verslo žinios
The Verslo žinios front page focuses heavily on Lithuanian business and economic news, with several stories detailing domestic corruption investigations in construction and public procurement. International news includes updates on the Chinese real estate magnate's sentencing and the Latvian…
Top stories
State audit criticizes arms procurement speed; Orlen to cover quarter of needs… ↗
The State Audit Office has criticized the pace of arms procurement, while Orlen plans to source a quarter of its oil needs from Norway.
Construction corruption case: another Hanner employee's bribe to association… ↗
A new development in a construction corruption case involves an alleged bribe from a Hanner employee to the head of an association.
New VMI commentary on thin capitalization: good and bad news for businesses ↗
The Lithuanian Tax Administration (VMI) has released a new commentary on thin capitalization rules, offering both positive and negative implications for businesses.
Public procurement absurdity: J. Morkūnas's 'Pirmoji kava' won a 1.3 million… ↗
A public procurement tender worth 1.3 million Euros was won by J. Morkūnas's company 'Pirmoji kava' with an unusually low, effectively negative, price.
Chinese real estate magnate, Evergrande founder, sentenced to life in prison ↗
Hui Ka Yan, the founder of Chinese real estate giant Evergrande, has been sentenced to life imprisonment.
Latvian government bails out Air Baltic, M. Sinkevičius to consider share… ↗
The Latvian government is providing financial support to Air Baltic, with Minister M. Sinkevičius stating he will consider a proposal for share acquisition.
US giant stands behind Marijampolė company ↗
A major US company is providing support to a company based in Marijampolė, Lithuania.
Global stock markets: Bitcoin at three-month highs, markets see renewed decline ↗
Bitcoin has reached its highest point in three months, while global stock markets are experiencing a renewed downturn.
As European Commission suggests ignoring its own packaging rules, businesses… ↗
Businesses are being advised to stay updated on developments as the European Commission considers overlooking its own packaging regulations.
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