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.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Heating season has started: Lithuanian homeowners face the poorest heat retention in the Baltics

Start of a new heating season not only boosts household bills for the municipal services, but also...

Lithuanian robotics industry is ready for a growth spurt: from robots that think to smart things that save lives

The latest innovative products and solutions under development and already in application by...

Ellex wins prestigious Mergermarket M&A Award for the Baltics

Ellex was awarded “Baltic M&A Legal Adviser of the Year” at Mergermarket’s prestigious European...

AI goes banking: Ondato presented unique KYC solution at Slush in Helsinki

Major start-ups conference Slush in Helsinki featured a Lithuanian accent as Vilnius based fintech...

A growing number of Balts are struggling with debt despite the growing economy (1)

In the wake of a long period of economic growth, savings have gone up – but so has indebtedness. A...