The recently emerged allegations that Sweden's Swedbank was involved in the Danske Bank money laundering scheme in Estonia will have negative impact on the whole Baltic banking market which is viewed by many foreign financial institutions as a single region.

Electricity market prices fell by around 10 percent across the Baltic region last week, driven down, among other factors, by warmer weather which curbed demand, the independent electricity supplier Elektrum Lietuva said on Tuesday.

Global cryptocurrency platform Blockchain opened an office in Vilnius on Tuesday, with plans to hire several tens of employees by the end of the year.

As the technical supervision tender for the construction of a waste repository for Lithuania's Ignalina nuclear power plant, now undergoing decommissioning, is stalling, the nuclear facility no longer wants to wait and plans to call a tender soon for the contractor of the repository worth around 100 mln euros.

Zilinskis ir Co, a Lithuanian energy infrastructure builder, has won the tender for the expansion of the transformer station in Alytus, southern Lithuania, a project important for the synchronization of the Baltic states' power systems with that of continental Europe.

The 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.