Lithuania

SEB Global Services expands to Kaunas

August 15, 2024

The Vilnius-based services center of Sweden’s financial group SEB has opened a technology unit in Kaunas. The Kaunas office currently employs 20 people, but more jobs are planned in response [..]

Lithuania

Orlen Lithuania fails to recover over EUR 8 mln in losses from Inter RAO Lithuania

July 16, 2024

Orlen Lietuva, the Lithuanian oil import and refining subsidiary of Poland’s oil group Orlen, has failed to recover more than 8 million euros in damages and interest from Inter RAO [..]

Interviews

Eastern business sale price ‘doesn’t make us happy’ – Viciunai Group executive

April 25, 2024

As Viciunai Group, a Lithuanian fish and other food production and sale group partly owned by Kaunas Mayor Visvaldas Matijosaitis, has recently sold its business in Russia, Belarus and other [..]

Lithuania

Russia’s Gruppa Okean has acquired Lithuanian Viciunai Group’s business in Russia

April 19, 2024

Viciunai Group, a fish and other food production and trading group owned by Kaunas Mayor Visvaldas Matijosaitis and his business partner Liudas Skierus, has sold its entire business in Russia [..]

Lithuania

Deutsche Bank considers opening service center in Lithuania, official confirms

January 8, 2024

Elijus Civilis, general manager of Invest Lithuania, the government’s foreign investment promotion agency, confirmed on Friday that Deutsche Bank, Germany’s largest lender, is considering opening a service center in Lithuania. [..]