EconomyThe Lithuanian Government has allocated to the Ministry of Environment additional EUR 5.8 million for the housing renovation programme. The Ministry of Social Security and Labour in Lithuania has registered draft resolutions of the Government proposing to raise pensions from 1 January 2016. In September, turnover of Lithuanian enterprises engaged in trade of motor vehicles grew by 15.4%2015-10-28, 12:47Statistics Lithuania informs that, based on provisional data, in September 2015, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade and repair of motor vehicles and motorcycles amounted to EUR 220.7 million. On October 26th 2015, at a meeting of the Government, Lithuanian Economy Minister Evaldas Gustas introduced revised most promising export markets. Top 30 Lithuanian insurers paid EUR 190.6 mln in state social insurance contributions in H12015-10-26, 16:36Revised data of the first half of 2015 has shown that thirty largest insurers in Lithuania employ nearly a tenth of all insured persons and pay even a bigger share of social insurance contributions. Within the period of January – September 2015, Klaipeda Seaport cargo handling turnover increased by 9.3% to 28.92 million tons, i.e. up by 2.5 million tons comparing with the corresponding period of 2014, reported BC port's press service. According to preliminary data, unaudited net profit earned over three quarters of 2015 by AB SEB Bankas and AB SEB Bankas Group in Lithuania was, respectively, EUR 50.6 million and EUR 46.8 million. In the third quarter of 2015, petroleum refining company Orlen Lietuva posted EBITDA LIFO (earnings before interest, taxes, depreciation, and amortisation, last in, first out) of USD 29 million (EUR 25.6 million). Orlen Lietuva capacity utilisation increased by 8 percentage points year-on-year, while sales volume grew by 2% year-on-year. Statistics Lithuania informs that in September 2015 industrial production totalled EUR 1.5 billion at current prices and, compared to August, increased by 1.7% at constant prices, seasonally and working day adjusted – decreased by 2.3%. Revenues, expenses of Lithuania's Compulsory Health Insurance Fund to go up by 4.1% in 20162015-10-21, 16:16On October 20th after submission, members of Lithuania's parliament approved the draft budget of the Compulsory Health Insurance Fund (PSDF) for 2016. The budget will amount to EUR 1.44 billion. |
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