Lithuania

US fintech giant entering Lithuanian market

April 9, 2025

The US-based financial technology giant Robinhood is preparing to enter the market in Lithuania now that the country’s central bank has granted a brokerage licence to Robinhood Europe. “The Bank [..]

Lithuania

Rimi Lithuania H1 revenue up 5.4 pct to EUR 230 mln

August 18, 2024

Rimi Lietuva, one of Lithuania’s biggest supermarket chains, posted a 5.4 percent annual increase in revenue to 230.3 million euros, excluding VAT, for the first half of this year. In [..]

Lithuania

Adax Lithuania awaits investment following acquisition of Norway’s Adax Group by GD

July 16, 2024

Adax Lithuania, the Panevezys-based household electrical appliances manufacturing company, awaits significant investments and adaptation to new standards following the acquisition of Norway’s Adax Group by the international manufacturing and solutions [..]

Lithuania

Fly Dubai set to enter Lithuanian market

February 16, 2024

One more new air carrier is set to enter the Lithuanian market – FlyDubai, a low-cost subsidiary of the UAE’s Emirates Airlines, Lithuanian Transport and Communications Minister Marius Skuodis told [..]