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Lithuania: News

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The price of doing business in Russia

When Moscow launched its full-scale invasion of Ukraine, most global businesses rushed for the exit. Swiss food and drink firm Nestlé was not among them. The company hunkered down, a decision it framed as ensuring local people's "right to food." It made little difference to the Kremlin. On Sept. 17, the Russian government placed Nestlé Russia under temporary external administration, a move that could lead to the company's ultimate confiscation or nationalization. Nestlé now says it is "assess

About Lithuania

Lithuania is a Baltic state covering 65,300 square kilometers (25,212 square miles) with a population of approximately 2.8 million. Lithuania’s capital is Vilnius. The country is one of the top providers of military aid to Ukraine in terms of percentage of GDP, with total aid exceeding 1.7 billion euros. Lithuania hosts Ukrainian refugees, supports sanctions against Russia, and advocates for Ukraine's NATO and EU membership.

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