Maxima Grupe (Maxima Group), the largest retail group in the Baltic states, plans to open 120-140 new shops next year, with the majority of them set to be opened in Poland.

In the first nine months of 2018, all Baltic ports together received and shipped 116.092 mln tons of cargo, which was 3.2% or 3.625 mln tons more than in the respective period last year.

Lithuania's unemployment level fell by 0.7 percentage points in the third quarter of 2018 from a year earlier to 5.9%, according to the results of a population employment survey released by Statistics Lithuania on Friday.

Novaturas, one of the largest tour operators in Lithuania, posted 140.2 mln euros in sales in January-September of 2018, up 30% from the same period last year.

Electricity prices edged up in Lithuania and Latvia last week, but went down in Estonia, Elektrum Lietuva said, noting that power production in Lithuania dropped by 15%.

Kaunas Airport plans to set up new infrastructure for aircraft maintenance, repair and overhaul (MRO) operations, with the expansion project expected to help attract tens of mlns of euros in business investments.

Set for almost two years, the price cap for the basic payment service package offered by commercial banks and credit unions will remain limited to €1.5 (€0.75 for social benefit recipients). Such a decision was taken by the Board of the Bank of Lithuania, which has set the maximum monthly fee for the basic payment account service for 2019.

As the European Commission proposes cutting cohesion support to Lithuania by almost a quarter as of 2020, InvestEU, a fund being set up by the EU, might become a financial alternative after it will replace the European Fund for Strategic Investment (EFSI), also called the Juncker Plan, which has operated since 2015.

The Lithuanian seaport of Klaipeda saw its net profit for the three quarters fall to 21.535 mln euros, down 9% from 23.656 million euros in the same period last year.

The latest survey of the Bank of Lithuania shows that the share of enterprises that raised wages somewhat reduced over the half-year. According to respondents, such trends should strengthen in the future due to potential financial resource constraints.