EconomyKesko Senukai Lithuania (former Senuku Prekybos Centras), the operator of a building and home improvement supplies chain in the Baltics, posted 15.382 million euros in consolidated net profits for 2015, up 12% from 13.74 million euros in 2014. Rimi Lietuva, one of Lithuania's biggest grocery chains, in 2015 improved its performance results thanks to new store openings and plans to continue its expansion in 2016. Lithuanian-owned charter carrier Small Planet Airlines posted 76.757 million euros in revenue for 2015, a rise of 49.7% compared with 2014. Lithuania's electronic communications market revenues grew by 5% in the first quarter to 160.322 million euros, from 152.645 million euros in the same period last year, final data from the Communications Regulatory Authority (RRT) showed on June 22nd. Lithuania recorded a current account surplus of 37.1 million euros for the first quarter of the year 2016, which accounted for 0.4% of GDP for the period, the Bank of Lithuania said on Monday. Lithuania produces more meat per capita than the other two Baltic countries, data from Statistics Lithuania showed on June 22nd. Lithuania's phosphate fertilizer manufacturer Lifosa, which is owned by Russia's chemical industry concern EuroChem Group, plans to invest approximately 75 million euros in the production of phosphoric acid. International rating agency Moody’s Investors Service has upgraded the long-term deposit rating of Siauliu Bankas, a Lithuanian commercial bank owned by the European Bank for Reconstruction and Development (EBRD) and a group of local investors, to Ba1, from Ba2. A total of 1.743 million passengers went through Lithuania's airports during the first five months of 2016, a rise of 14.7% on the same time last year, preliminary data from Statistics Lithuania showed on June 21st. Axis Industries, a Lithuanian industrial and energy project group, in 2015 saw its consolidated net profit grow by 49.1% to 10.28 million euros, from 6.896 million euros in 2014. |
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