EconomyThe Finance Ministry transferred on Monday around 9.28 mln euros to Lietuvos Energijos Gamyba (Lithuanian Energy Production, or LEG) as compensation for damage caused by Alstom Power, a unit of France's Alstom. Earthport, a UK-based cross-border payments firm that the world's credit card giants Visa and MasterCard are battling for, has registered a company in Lithuania. Lithuanian real estate development company M.M.M. projektai announced that its controlled company XXT signed an agreement to sell offices in S7 office complexw, S7 representative informed. Fitch Ratings has affirmed Lithuania's long-term foreign-currency issuer default rating (IDR) at "A-" with a positive outlook after positively assessing Lithuania's public finance and economic situation. Rimi Lietuva, one of Lithuania's biggest grocery chains, increased its sales by 3.6% last year compared with 2017 to 324.5 mln euros, not including VAT. Lithuania's state-run oil and LNG terminal operator Klaipedos Nafta posted 8.7 mln euros in revenue in January, down 20.9% from 11 mln euros during the same period last year. Electricity prices fell across the Baltic region last week as a spell of cold weather ended, with the lowest price level registered in Lithuania, Elektrum Lietuva said. Global energy giant Total is set to become a new supplier of liquefied natural gas (LNG) to Lithuania. Seeking to try out the virtual currency technology, the Bank of Lithuania plans to issue the world's first digital numismatic coin, LBCoin, later this year. Lithuania's Klaipedos Nafta picks Roland Berger as advisor on new 10-year strategy2019-02-02, 10:23Lithuania's state-run oil and LNG terminals operator Klaipedos Nafta said on Tuesday it has selected the global strategy consulting firm Roland Berger as its advisor in drawing up a new 10-year business strategy. |
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