Konkurencijos taryba found that Norfos mažmena and Rivona infringed the Law on the Prohibition of Unfair Practices of Retailers (Law) by setting requirement for the suppliers to pay fees for sales promotion.

Lithuanian financial firm Orion Securities is taking over Danske Bank's investment portfolio in Estonia as of Friday.

The Danish-owned Kaunas-based Lithuanian furniture producer Theca Furniture posted 58.1 mln euros in revenue last year, up 12.4% from 51.6 mln euros a year ago.

Copenhagen Merchants is a leading Danish commodity broker and service provider for the agricultural trading industry has established a company in Lithuania's second-largest city of Kaunas.

In July 2019, exports amounted to EUR 2.46 bn, imports – EUR 2.81 bn. Exports of goods of Lithuanian origin amounted to EUR 1.43 bn. The foreign trade deficit of Lithuania amounted to EUR 0.35 bn.

Economic conditions in Estonia, Latvia and Lithuania are helping borrowers meet mortgage repayments, a credit positive for the quality of mortgage collateral. Nonperforming loan rates have fallen as banks have strengthened their underwriting abilities and restricted their risk appetite.

Lithuania's average electricity market price in the country's Nord Pool bidding area rose by 16.3% in August, from the same month last year, to 49.37 euros per MWh, and grew 0.9% from July.

Lithuania's state-run railway group Lietuvos Gelezinkeliai (Lithuanian Railways, LG) posted 228.9 mln euros in revenue in the first half of this year, up 2.5% from the same period last year, the company said on Thursday.

Lithuania's power transmission company Litgrid is starting territorial planning work after the country's government endorsed in August the development plans for four projects important for the Baltic countries' power grid synchronization with that of Western Europe.

Lithuania's electricity and natural gas distribution company Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO) said on Friday that its revenue for January through July, 2019 fell 15 % y-o-y to 303.5 mln euros.