Apartment Demand Unabated, Major Developers See Increased Revenue ↗
Front page leadMajor Lithuanian real estate developers are reporting higher revenues as demand for apartments remains strong.
Lithuania
Verslo žinios
The Verslo Žinios front page highlights Lithuanian real estate market growth, soaring diesel prices impacting transporters, and innovation in the space sector. It also covers political commentary on defense industry communication, and international news regarding Russia's military budget and…
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Transporters' Worst-Case Scenario: €3 per Liter of Diesel ↗
Transport companies are contemplating a dire future where diesel fuel prices could reach €3 per liter.
Party Ratings Lead: TS-LKD; R. Kaunas on Defense Industry Communication ↗
The TS-LKD party continues to lead in polls, while R. Kaunas suggests clearer communication is needed regarding defense industry facilities.
'Blackswan Space' Attracts €2.5 Million Investment for Orbit Test ↗
Space technology company 'Blackswan Space' has secured €2.5 million in investment and is preparing to test its technology in orbit.
Russia Increases Military Budget by 27%; Putin Claims Short War with Europe ↗
Russia has boosted its military budget by 27%, with President Putin reportedly stating a war with Europe would be brief.
Largest 'Novaturas' Shareholder Detained in Turkey ↗
The primary shareholder of the Lithuanian travel company 'Novaturas' has been arrested in Turkey.
Entrepreneur Rescues 'Alytaus Keramika' from Bankruptcy, Now Acquires It ↗
A businesswoman has successfully revived 'Alytaus Keramika' from bankruptcy and subsequently purchased the company.
Rutte on NATO-Moscow Exchange: Russia Couldn't Defeat Us ↗
Following an exchange of letters between NATO and Moscow, Mark Rutte stated that Russia would be unable to defeat NATO.
Israeli Company to Invest €60 Million in Lithuania for Energy Storage Park ↗
An Israeli firm will invest €60 million near Alytus to establish one of the largest private energy storage parks.
Public Procurement Office Head: Attitudes Must Change ↗
The head of Lithuania's Public Procurement Office emphasized the necessity for a shift in approach.
T. Godliauskas: Businesses Lack Knowledge on State Actions During Crises (Part… ↗
T. Godliauskas states that businesses are uninformed about how the state should act during critical periods, continuing a previous discussion.
Mantingos Factory Project to Create Nearly 250 Jobs ↗
The planned Mantinga factory is projected to generate close to 250 employment opportunities.
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