Statistics Lithuania and the Bank of Lithuania publish provisional data on direct investment for I quarter 2019.

Hilton Garden Inn, the first hotel of the Hilton chain, has been opened in central Vilnius on Friday, built by real estate developer Eika for 49 million euros and being part of the Live Square commercial and residential complex.

The Bank of Lithuania and Statistics Lithuania published data on exports and imports of services for Q1 2019, broken down by country and type of service. It shows that in Q1 2019 exports of services amounted to €2.5 bn, a y-o-y increase of 19.2%, while imports of services stood at €1.4 bn, a y-o-y increase of 14.6%.

Aviation specialists assign to the category of large aircrafts the plane which wing length (or wing span) ranges from 40 to over 60 meters. Some of them may carry about 300 tons of cargoes, others – nearly 700 passengers. Already last year Vilnius Airport was visited by 152 large aircrafts, whereas in 2017, the number of such planes equalled only to eight. This year, already 92 such planes have already landed in the capital, thus, at the end of the year, reaching a record is expected.

The EU aims to have three quarters of people aged 20–64 have jobs by 2020. Find out how the EU works to reduce unemployment and fight poverty.

The European Bank for Reconstruction and Development and Latvia's Citadele Bank have issued a 37.8 mln-euro loan to Vilniaus Baldai, one of the largest furniture producers in Lithuania, reported EBRD.

Natural gas flows into Latvia exceeded gas consumption in Lithuania and its transit to the Russian region of Kaliningrad in the second week of June.

Commercial banks and branches of foreign banks operating in Lithuania posted 90.9 million euros in combined net profits in the first quarter, up 8.5 percent from the same periods last year. The Q1 profit figure was the highest since 2011.

Regional Gas Exchange GET Baltic, operating in Lithuanian, Latvian and Estonian market areas is prepared to expand geographical coverage to other Northern Europe countries by launching new market area in Finland, and contributing to deeper integration of the Finnish and Baltic gas markets from 1st January 2020, informed Get Batlic rerpresentative.

Cargo traffic in the Lithuanian seaport of Klaipeda rose 8.5% to 19.77 mln tons in the first five months of this year from the same period las year.