Vygaudas Usackas, a former long-time Lithuanian and EU diplomat, on Tuesday joined the board of directors at Avia Solutions Group (ASG), an aviation group controlled by Lithuanian businessman Gediminas Ziemelis, the Vz.lt online news site reported.
Vygaudas Ušackas
© DELFI / Andrius Ufartas

Usackas confirmed to Vz.lt. that he was leaving politics and turning to business.

ASG provides services to the aviation industry in 66 countries, according to the site.

Usackas started his diplomatic career in 1991 and held the post of Lithuania's foreign minister between 2008 and 2010. He has in the past served as the country's ambassador to the United States and Britain and has headed the EU's diplomatic missions to Afghanistan and Russia.

The long-time diplomat ran in the primaries of the conservative Homeland Union–Lithuanian Christian Democrats for the 2019 presidential election, but lost to Ingrida Simonyte.

ASG posted 14.05 million euros in consolidated net profits for 2018, almost a two-fold increase from 7.1 million euros in 2017. The group's revenue jumped by 25 percent to 420 million euros last year.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.

Government to mull merging three state research institutes

The Lithuanian government will on Wednesday consider merging three state research institutes into one.

Monaco-registered company picks Klaipeda FEZ for its new R&D and manufacturing unit

Monaco-registered GRH International has decided to establish its new R&D and manufacturing unit...

Nauseda will ask for significant EU funding for climate goals

Lithuanian President Gitanas Nauseda , currently in Brussels, said on Friday he would seek to ensure...

Over EUR 11 mln offered for central post building in Vilnius

11.22 million euros has been offered for the historic central post office building in central...

Lithuania gets message on Belarus' N-plant included in EU climate change plan

Lithuania managed to get an indirect message to Belarus on safety standards at its...