Eften Real Estate Fund 4 has acquired in Lithuania SBA logistics and production site, in the proximity of Klaipeda Sea Port; the deal value is 28.6 mlnn euros and it was financed by Luminor, informed funds representative.

Lithuania's wholesale electricity prices edged down by 1 percent on average last week compared to a two week ago and remain at a stable high level.

An important stage of aerodrome reconstruction works has been completed at Vilnius Airport with two aircraft taxiways located in the southern part of the airport being modernised. After completing the project, the airport will have enhanced operational safety, also allowing it to handle aircraft quicker and ‘greener’.

A fifth ship-to-shore container crane has been delivered to Klaipedos Smelte, one of the biggest stevedoring companies in the Lithuanian port of Klaipeda, owned by international container terminal operator Terminal Investment.

Residential property prices in Lithuania edged up by 0.4% in the third quarter of 2020 compared to the second quarter, Statistics Lithuania said on Friday.

A new LNG shipment from the United States is heading to the Klaipeda-based LNG terminal in Lithuania, marking a fifth such delivery in the new gas year that started in October.

The Lithuanian central bank (Lietuvos bankas) forecasts that the country's economy will recover by 1.9% this year from a projected contraction of 2% this year.

The EIF has signed a guarantee deal with Faktoro, allowing them to start a programme of micro-loans to small companies in Lithuania, as part of the EIB Group's Covid-19 support measures.

Latvijas Tilti construction company, a member of LNK holding, will have to pay a EUR 77,400 fine for its former board chairman bribing a Klaipeda port official, according to the agreement reached by the company with the prosecution, De Facto analytical news program of the Latvian public television reported.

Coherent Solutions, a US-registered software development company with Belarussian roots, has announced plans to set up a full-scale software development center in Vilnius and to hire at least 100 specialists over the next three years, Invest Lithuania said on December 10th.