The Board of the Bank of Lithuania has granted Google Payment Lithuania UAB an electronic money institution licence authorising to issue and redeem electronic money as well as provide payment services, informed Bank of Lithuania.

Lietuvos Energijos Tiekimas (LET), the supply arm of Lithuania's state energy group Lietuvos Energija, is likely to sign by the end of the year a contract with Russia's gas giant Gazprom on natural gas purchases in 2019.

American internet giant Google increased the capital of its Lithuanian company, Google Payment Lithuania, set up in October, from 2,500 to 2.368 mln euros.

The longest ship in the history of Lithuania's port of Klaipeda, the 400-meter-long MSC Ingy, will arrive on Wednesday.The container vessel is arriving from Poland's Gdansk.

The Lithuanian seaport of Klaipeda handled 44.227 mln tons of cargo by December 17, up 2.4% from 43.17 mln tons in the full year 2017, according to preliminary figures released by the port authority on Tuesday.

The Lithuanian parliament on Tuesday gave the green light for purchasing the Klaipeda liquefied natural gas (LNG) terminal's floating storage and regasification unit (FSRU) by late 2024, when the lease contract with Norway's Hoegh LNG ends.

The price of electricity dropped more than a third in Lithuania in November but, nevertheless, remained the highest in the Baltic states.

Lithuania's state and municipal budgets received 7.902 bln euros in revenue in January-November, 1.6%, or 121.1 mln euros, more than it was planned.

Lithuania's financial company Orion Securities is in talks on the acquisition of an unnamed Western European bank.

Workland Group, with its fully serviced offices and coworking spaces throughout the Baltic States, is finalizing the construction of their second centre in Lithuanian capital. Workland Didžioji, located in a historic building in Old Town Vilnius, is opening its doors in January 2019. The presales process has started and first contracts are being signed.