LG Cargo, the freight transportation subsidiary of the state railway company Lietuvos Gelezinkeliai (Lithuanian Railways), is set to launch a new container train service between Klaipeda and Kiev in June.

Lithuania's Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO) is revising the terms of its tender for smart electricity meters, originally valued at around 200 million euros, with a new invitation for bids to be issued shortly.

Germany's rail logistics giant VTG has established a company in Lithuania. VTG Project Logistics Baltics was registered on May 20 with an authorized share capital of 30,000 euros and Violeta Vlasoviene as CEO, according to information from the Center of Registers.

Around 130 mln euros will be invested into the expansion and reconstruction of Lithuania's largest Vilnius Airport over the next four years, until 2022, and annual revenue of Lietuvos Oro Uostai (Lithuanian Airports, LOU), the sate-run operator of three airports in Lithuania, is set to grow by around 43% to 63 mln euros.

Natural gas prices for Lithuanian households will remain unchanged in July, the market regulator has confirmed.

Some foreign experts believe that the use of the Klaipeda liquefied natural gas (LNG) terminal could be expanded, for example, to generate electricity and heat energy, thus reducing its costs for consumers.

Construction is being launched on a 15-million-euro Moxy hotel, part of the Marriott Group, in Lithuania's second-biggest city of Kaunas, with the developers planning to build more Moxy and Marriott hotels in the Baltic countries.

Swedish furniture producer and seller IKEA has started testing an e-trade system. At this stage, registered ikea.lt consumers and members of the IKEA FAMILY loyalty program have the possibility to buy online.

Rimi Lietuva, operating one of the largest retail chains in Lithuania, posted a loss for the second in a row. Its audited net losses rose 6.4% to 2.995 mln euros, from 2.814 mln euros in 2017.

Russia's largest independent gas company Novatek's new LNG shipment from the Russian port of Vysotsk is approaching Lithuania's port of Klaipeda. The shipment is believed to be meant for the largest gas consumer in Lithuania, the Jonava-based fertilizer producer Achema.