Analysis, data & forecasts on every country across the region

Economy / Lithuania

Refinery Deal At Last

June 2006 | Ratings Update

Despite the government turmoil, parliament in June approved the sale of a 30.66%, US$850mn stake in Mazeikiu Nafta, the country's most important company, to PKN Orlen. The Polish firm has also struck a deal with Russia's Yukos for its 53.7% share of the Baltic's sole refinery. The deal ends months of political and legal wrangling; in May the government had threatened to re-nationalise the refiner to avert the possibility of a take-over by a Kremlin-friendly

To read the full article, please choose one of the following options:

Subcribers please log in

Related Monitor Articles
Convergence Not Assured

Economy / Lithuania While Lithuania's long-term political outlook remains among the most stable in the emerging Europe region, we nevertheless caution that the country's convergence with Western political and economic institutions...
March 2010
Macroeconomic Forecast Lithuania

Economy / Lithuania According to latest data from Statistics Lithuania, consumer price inflation came in at -0.5% y-o-y in February, following January's print of -0.1%. The main driver behind the ongoing easing in consumer...
March 2010
Macroeconomic Forecast Lithuania

Economy / Lithuania Industrial production in Lithuania contracted by 6.8% y-o-y in January according to latest data from Statistics Lithuania, compared to falls of 7.3% and 8.3% in December and November respectively. January's...
February 2010
Dropping The Policy Anchor

Economy / Lithuania According to a statement by Lithuania's Finance Ministry in late February, the government of Prime Minister Andrius Kubilius is planning on setting a firm target date for eurozone entry of 2014. Though...
February 2010
Macroeconomic Forecast Lithuania

Economy / Lithuania Consumer price inflation in Lithuania took a slight leg down in December, with the headline print coming in at 1.3% y-o-y, compared to 1.5% in November. While significant deflation was recorded in the...
January 2010
Central Europe & Baltic States MonitorCentral Europe & Baltic States Channels Central Europe & Baltic States Countries


All material on this site is protected by international copyright laws and use of this site is subject to our Terms & Conditions.
© 2012 Business Monitor International Ltd
Site powered by WORKSsitebuilder CMS