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Lithuania
Verslo žinios, a Lithuanian business daily, features stories on the economic impact of VAT on restaurants, EU-Canada relations, and updates on the war in Ukraine. It also covers Lithuanian logistics companies, retail expansion, and issues within the national broadcaster LRT. International business…
Restaurants are expressing dissatisfaction over the lack of progress in VAT discussions, highlighting a significant disparity in returns between the state and businesses, impacting their ability to operate.
The European Union and Canada express mutual interest and capability for cooperation, but potential hurdles lie in the finer details of their agreements.
Ukrainian President Zelensky has issued a warning that Russia is gearing up for a new offensive, coinciding with a decrease in oil prices.
The head of 'Girteka Group' discusses how Lithuania has lost its competitive edge in the transit market to neighboring nations, continuing a previous analysis.
A new retail entity, 'Marytė retail', has officially registered its trademark and outlined plans for opening its initial three stores.
The head of Lithuania's national broadcaster LRT states that a recent council meeting should have been public, but this proposal was not accepted.
The article speculates on the future strategic importance of the Strait of Hormuz, questioning if it will remain a vital waterway in the coming years.
A former manager recounts his experience working under Elon Musk, detailing intense periods where he had to sleep in his car due to demanding work conditions.
The former owner of 'Ecso' expresses doubt about the company's survival despite receiving a loan from the European Bank for Reconstruction and Development (EBRD), and would contemplate acquiring its assets if it fails.
The article details how the company 'Orlen' incurred a significant financial loss of $230 million while attempting to purchase Venezuelan oil using cryptocurrency.
Risk assessors forecast a 3% economic growth for Lithuania, one of the fastest in Eastern Europe, but acknowledge differing scenarios for businesses.
