Swedbank Lithuania has agreed to loan 60 mln euros to Girteka Logistics, which will use the funds to expand its fleet of trucks and semi-trailers and for working capital needs.

Lithuania's gas transmission system operator Amber Grid is starting the second phase of its modernization of gas mains, after which the company will be able to check the safety of four fifths of gas pipelines from the inside.

Kauno Autobusai (Kaunas Buses), a municipal transport company in Lithuania's second-largest city of Kaunas, will buy 85 news trolleybuses for 29.4 mln euros from Poland's Solaris Bus & Coach S.A.

Gas trading company Lietuvos Dujos Tiekimas (Lithuanian Gas Supply, LDT), part of the state-run energy group Lietuvos Energija (Lithuanian Energy), has sold another LNG shipment to the Netherlands' Shell, one of the largest gas producers in the world.

Lithuanian banks and foreign bank branches posted 179.9 mln euros in combined profits for the first half of 2018, up 15.7% from 155.4 mln euros in the same period last year.

Arunas Zimnickas, a member of the management board at Vilnius-based Maxima Grupe (Maxima Group), the largest retail group in the Baltics, has been appointed as CEO of Emperia Holding, the operator of the Polish retail chain Stokrotka.

Two Indian companies are planning to invest nearly 200 million euros in metal can and textile factories in Rokiskis and create more than 1,500 new jobs in the northeastern Lithuanian town.

Lithuania's retail sales, excluding car sales and repairs and food and beverage service providers, for January through August rose by 6.3%, at constant prices year-on-year, to 7.361 bln euros, not including VAT.

Statistics Lithuania informs that in August 2018, against July, construction input prices remained almost unchanged. The greatest influence on the overall price change was made by a 0.2 per cent increase in wages and salaries and by a 0.1 per cent decrease in prices of construction materials and products. An increase in average gross hourly earnings was determined by increased lump sum premiums, bonuses and benefits.

A tanker which was supposed to bring a LNG shipment to Lithuania on Tuesday will enter the port of Klaipeda later after winds and waves die down.