EconomyLithuania's state-run oil product and liquefied natural gas (LNG) terminals operator Klaipedos Nafta (Klaipeda Oil) said on Wednesday that its sales revenue for January through April rose by 15.1% to 41.2 mln euros, from 35.8 mln euros in the same period last year. The European Commission expects Lithuania's GDP growth to moderate to 2.7% this year and to 2.4% next year. IMG Group, a subsidiary of Ekornes Group, Norway's largest furniture manufacturer, opened on Tuesday its first European combined production and distribution facility in the Panevezys Free Economic Zone (FEZ) in northern Lithuania. Some 16,413 new passenger cars were registered in Lithuania in the first four months of 2019, up 54 percent from 10,650 in the same period last year, the market research company Autotyrimai said on Thursday, citing data from the state car registration company Regitra. In April alone, new car registrations surged by 44% to 4,908 units. "Intensive re-exports remain the key driver of the robust growth: 1,679 of the new cars registered in April, including 1,415 Fiat cars and 219 Jeep cars, were removed from the register by the end of the month and at least 28 more will be deregistered shortly," said Autotyrimai. The number of new personal car registrations jumped by 42% last month year-on-year to 4,445 and that of commercial vehicles soared 62 percent to 463 units. Fiat held onto its number-one spot in Lithuania's new car market with 1,738 new cars registered, followed by Toyota in second place with 624 and Volkswagen in third with 535 units. Audi ranked first in the premium car segment with 61 registrations. Lietuvos Energijos Gamyba (LEG), the electricity production arm of the state-owned energy group Lietuvos Energija, has said its first-quarter net profit rose to 16.994 mln euros, up 21.8% from 13.955 mln euros a year earlier. Sonect, a Swiss-based fintech platform that allows its users to withdraw cash without a physical ATM, has received an electronic money institution license from the Bank of Lithuania. In March 2019, against February, construction input prices increased by 0.4%. A new hemp stalk processing facility was inaugurated in the Kedainiai Free Economic Area in central Lithuania on Friday. In april 2019, consumer confidence indicator in Lithuania decreased by 1 percentage point2019-04-27, 10:33Statistics Lithuania informs that in April 2019, the consumer confidence indicator stood at 5, and compared to March, decreased by 1 percentage point. A vessel is delivering the fourth LNG cargo from Novatek, Russia's biggest privately-owned gas producer, from Russia' Baltic Sea port of Vysotsk to Klaipeda. |
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