EconomyThe arrival of the Bahamian-flagged Marco Polo in Klaipeda on Friday wrapped up the Lithuanian port's cruise season. Lietuvos Gelezinkeliai (Lithuanian Railways) posted 338.7 mln euros in revenue for January through September 2018, up 5.2% from 322 mln euros a year ago. Klaipedos Konteineriu Terminalas (Klaipeda Container Terminal, or KKT) and Klaipedos Smelte are setting new container handling records this year. New car sales in Lithuania this year continue to grow at one of the fastest rates in the European Union, the latest figures from the European Automobile Manufacturers' Association (ACEA) show. Kesko Senukai Digital, a company which belongs to the Finish Kesko concern group, closed the transaction in which it acquired 100 % of the shares of the online retail market group 1A and became one of the leading e-commerce platform operators in the Baltic countries. The Bank of Lithuania raised on Thursday its GDP growth forecast for this year to 3.4%, from 3.2 % previously, and revised up its projection for 2019 to 2.8%, from 2.7%. Central banks of Lithuania and Ukraine will strengthen cooperation in the field of financial innovation2018-10-13, 10:30The Bank of Lithuania and the National Bank of Ukraine have agreed to work together to facilitate development of financial innovations. The Co-operation Agreement in the Area of Innovation Development between the two institutions was signed on the sidelines of Annual Meetings of the International Monetary Fund (IMF) and the World Bank Group being held in Nusa Dua, Indonesia, where Fintech issues are discussed at the highest level for the first time. Estonia's authentication and electronic signature solutions company SK ID Solutions is setting up a unit in Vilnius amid signals that regulatory changes might be in the pipeline in Lithuania. Circle K Lietuva, operating one of the largest service stations network in Lithuania, has paid out 20 mln euros in dividends to its sole shareholder, Norway's Circle K, this year after earning 22.245 mln euros in the past financial year. Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways) carried over 400,000 passengers in September, up 25% from the same period last year, the company said. |
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