According to Lithuania's Deputy Transport and Communications Minister Arijandas Šliupas, the ministry is currently intensively working on the concession project of the country's airports: it is expected to give them to entrepreneurs already next year. This, in the opinion of the deputy minister, will increase revenue to the state budget.
Vilnius Airport
© DELFI / Mindaugas Ažušilis

"In general, there is no need for new airports in Lithuania. In the future, Vilnius Airport could be turned into a residential area, since it is not technically possible to make the airport's runway longer and the airport will not be able to meet the needs of the country. Kaunas Airport would be sufficient to Lithuania; however, the speed train project from Kaunas to Vilnius should be implemented together," the politician said in a meeting with the Lithuanian Business Confederation.

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

Swedbank's pension funds invest EUR 200 mln into sustainable business

Pension funds managed by the Swedbank financial group are investing 200 million euros, or a sixth...

Belarus complains: Lithuania's blocking Minsk-EU agreement

Belarusian representatives complained in Brussels last week that Lithuania is blocking the...

New trends in startup world: unicorns' aspiration is not key anymore

The question when the first unicorn with over 1 billion of US dollars in value will appear in the...

Shopping frenzy: biggest retail chains plans allocate millions of euros for new stores

Lithuania's five biggest retail chains – Maxima , Lidl , Rimi, Iki and Norfa – have...

Construction launched on EUR 15 mln hotel in Kaunas

Construction is being launched on a 15-million-euro Moxy hotel, part of the Marriott Group , in...