Ikea, international retail furnishing giant, will open their first outlet in Lithuania’s capital city,Vilnius, in 2013. The move will provide an added economic boon to Lithuania not only in the form of jobs opportunities, as Ikea is seeking staffing solutions for many sectors – sales, marketing, consumer relations, logistics, communication and design, business coordination...
Lithuania will not have to borrow from the International Monetary Fund (IMF), the prime minister and the finance minister have said, in response to an MP’s statement that Lithuania may have to address the IMF, reports ELTA. Lithuania will borrow on international markets, but not from the IMF, Prime Minister Andrius Kubilius said. “Next...
An Asia-Europe Foundation (ASEF) meeting was held in Lithuania’s capital, Vilnius on the 13th May 2011, the first ever ASEF meeting held in the Baltic states. ASEF was created in 1996 between leaders in European and Asia countries to promote communication between people and establishments globally through intellectual and cultural exchange. At this inaugural ASEF...
Although still a bit on the slow side Lithuania property market looks as if it is on the up. According to the head of Lithuania’s Real Estate Expansion (LREEA), Robertas Dargis, 2010 was about hanging on in there where as 2011 presently exceeds real estate entrepreneur’s expectations. Most gains have been in the small...
