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“.

Dairy producers start feeling impact of rising US export duties

Lithuanian dairy producers say they have already felt the impact of duties , rising as of Friday,...

Nauseda doesn't expect EU budget deal by end of 2019

EU member states differ too much in their positions on the bloc's next multi-annual budget to...

Dairy products subject to 25 pct US import tariff

Lithuanian cheeses, yoghurts and other dairy products are now subject to a new 25-percent import...

Nauseda: everybody thinks about plan B despite Brexit deal (1)

The European Union is weighing all options of possible action if the British parliament rejects the...

Nauseda: EU will approve Brexit deal, doubts remain on UK parliament

EU leaders will likely to smoothly approve the recently-reached Brexit deal on Thursday but doubts...