Telia Lithuania refreshes Ezys prepaid brand

Mobile operator Telia Lithuania has already invested around EUR 1 million in an advertising campaign to refresh the image of its Ezys prepaid services brand, reports Vz.lt. The operator aims to grow its share of the prepaid market share and also …

Over 2,500 Ukrainian construction workers work in Lithuania – association

The Lithuanian Migration Department estimates their number will grow 30-50% next year. The department issued 22,200 visas to Ukrainians in the seven months of 2018, compared to over 23,000 visas over the last year. And 80% of them were issued to …

Telia Lithuania picks new agency for communication on social networks

Annual inflation in Lithuania exceeded EU average in July

Annual inflation in Lithuania was slightly above the EU average in July, informs LETA/BNS referring to the latest figures from the EU statistics agency, Eurostat. Inflation stood at 2.3% in Lithuania, compared to the EU average of 2.2%. Prices rose 2. …

Lithuania lags behind other Baltic states in terms of 1H exports growth – Eurostat

Lithuania's exports grew at a slower rate than in Latvia and Estonia in the first half of this year, the latest figures from Eurostat show. Exports grew 6% to 13.4 bn euros in the first half y-o-y, the figures showed on Thursday. In Latvia, exports …

Bank of Lithuania curbs ill-founded application of credit borrowing rates

The Supervision Service of the Bank of Lithuania has carried out an investigation of the consumer credit market and identified that, in breach of existing legal acts, four companies calculated interest rates fixed in consumer credit agreements …

Bank of Lithuania to look into additional info on VIA SMS Group

The Bank of Lithuania will analyze additional information on VIA SMS Group after Arvydas Anusauskas, a member of the Lithuanian parliamentary Committee on National Security and Defense, representing the opposition conservative Homeland Union – Lithuanian …

Danske Bank to renounce part of business clients in Lithuania

The Lithuanian branch of Danske Bank, the second largest financial group in North Europe in terms of assets, will renounce part of its business clients by the end of October and will continue working with the group's international clients, informs …

Wind energy brings electricity price down in Lithuania – Litgrid

The price of electricity remains fairly high in Lithuania, despite dropping 7% on average last week as the production of wind energy nearly doubles in the Nordic countries, Lithuania, Latvia and Poland, informs LETA referring to the power transmission …

Israel's Nayax opens its branch in Lithuania

Izrael's Nayax, a global leader of cashless payment solutions and management platform for unattended retail, has been issued a Payment Institution (PI) license from the Board of the Bank of Lithuania. With the changes in PSD2, and issuance of the …