President of the Lithuanian National Road Carriers Association (Linava) Algimantas Kondrusevičius is stepping down.
Algimantas Kondrusevičius
© DELFI / Šarūnas Mažeika

He made the announcement on Thursday, at the meeting of Linava Vilnius region. According to the former president, he arrived at the decision having assessed the poor situation in the haulage market.

"I had the idea for a long time but tried to work concentrated for a year. In these difficult times carriers have to work hand in hand, but we are playing in the sandbox. This causes damage to business, to the whole sector," Kondrusevičius told ELTA news agency on the phone. "Perhaps this way I will consolidate (the association - ELTA) and we will find a new leader who can continue working successfully."

On 2 March Linava addressed the Prosecutor General's Office asking to assess Kondrusevičius' and former secretary general Ricardas Malkus' actions. An audit was carried out and revealed that the two men might have abused their positions. Kondrusevičius denies the accusations and says this is an attack on his person.

It is forbidden to copy the text of this publication without a written permission from ELTA.

US tariffs to affect 0.12 pct of exports to US

US tariffs on 7.5 billion US dollars’ worth of EU goods, imposed by President Donald Trump last...

SBA to produce modular apartment buildings

The SBA Group, one of Lithuania’s largest corporate groups, has taken the decision to enter a new...

Multifunctional car park is nearing completion at Vilnius airport

Construction of a modern multifunctional car park commenced at Vilnius airport last year is nearing...

New success for Vilnius: ranked No.1 by Financial Times

Financial Times ’ fDi Intelligence division announced the list of 30 cities that have attracted the...

Highest-earning athletes named

15 basketball players, three football players and two ice hockey players got into the Top-20 of...