The Bank of Lithuania assessed all available information on Revolut, including that recently made public by the media, while considering the UK-based startup's application for a specialized bank license, the central bank governor said.

The Lithuanian seaport of Klaipeda said its pretax profit rose by 9 % last year compared with 2017 to 34.7 mln euros as revenue increased by 7% to an all-time high of 63.7 mln euros.

L-Vejas, a Lithuanian capital company, is planning to develop a 60MW wind farm in Lithuania's northwestern district of Telsiai. The company does not disclose the value of the investment.

Damage caused by suspected criminal activity by two former managers and main shareholders of Lithuania's bankrupt bank Snoras are estimated at around 500 mln euros, prosecutors said after completing their pre-trial investigation in the bank asset misappropriation case.

Lithuania plans to withdraw from the Trans-European Railway (TER) project. The government will on Wednesday consider such a proposal by the Ministry of Transport, motivated by the lack of benefit for the country.

Lietuvos Energijos Gamyba (Lithuanian Energy Production, LEG), part of Lithuania's state-run energy group Lietuvos Energija, is getting ready for the assessment of the need for a new hydro aggregate at the Kruonis Pumped Storage Plant.

Direct flights between Vilnius and the Georgian capital of Tbilisi will be launched in April following a break of ten years.

Lithuania's state-run railway company Lietuvos Gelezinkeliai (Lithuanian Railways) hopes to exceed the 50 million euro profit mark.

Statistics Lithuania informs that in December 2018, the economic sentiment indicator stood at 4 and, against November, decreased by 1 percentage point. The retail trade confidence indicator decreased by 4, construction – 2, consumer and services – 1 percentage point. The industrial confidence indicator remained unchanged.

Energy Minister Zygimantas Vaiciunas expects that the Baltic power grids' synchronization with the continental European system will not cost Lithuanian consumers more than the NordBalt power link with Sweden, saying efforts are being made to secure the highest possible EU funding for the project.