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Lithuania
The Verslo žinios front page highlights Lithuanian energy sector developments, real estate investments, and domestic political news regarding US troop deployment and budget discussions. It also features articles on tax policies and the potential impact of closing the "Orlen Lietuva" factory…
Litgrid is planning to build 10 new power plants for 880 million Euros and establish seven independent energy islands as part of its resilience plan for Lithuania.
Real estate developer 'Hanner' is diversifying its investments into funds and bonds, moving beyond its traditional energy and competitor-focused real estate projects.
Lithuanian President G. Nausėda announced that the deployment of US troops will be completed next week, while US Senator M. Rubio stated that security guarantees must be acceptable to Moscow.
Experts are advising politicians on the complexities and potential implications of cutting tax breaks, indicating that the situation is more nuanced than it appears.
The future of the 'Orlen Lietuva' factory is under discussion, with experts suggesting that if operations are halted, Lithuania would gain important legal leverage.
A court has ruled that the former head of 'Arvi ir Ko' must pay the company 372 million Euros in compensation.
