Statistics Lithuania informs that based on more comprehensive business, tax and price statistics, in II quarter 2018, country’s gross domestic product (GDP) at current prices amounted to EUR 11.2 bn. Compared to I quarter 2018, the real GDP change1 stood at 0.9%.

Lithuania's state-owned energy group Lietuvos Energija eyes two unnamed companies in Poland, possibly with a view to buying solar or wind power plants, but declines to comment on its specific investment plans in the neighboring country.

SEB bank will become the first bank in Lithuania to accept instant payments in euros from banks in other EU or EEA countries.

Lithuania's auto parts dealer Inter Cars Lietuva last year posted 66.964 mln euros in revenue, up 16.6% from 57.436 mln euros in 2016.

Dry weather and repairs on the NordBalt power link with Sweden last week drove electricity prices in all three Baltic countries higher, with prices in Lithuania and Latvia continuing their climb toward 60 euros per megawatt-hour (MWh).

The Lithuanian government's fulfilled pledge to increase wages for medical workers has been the major factor behind a faster rise in salaries in Lithuania in the second quarter.

Lithuania's Butine oil terminal, operated by oil processing and transportation company Orlen Lietuva, handled 5.384 mln tons of oil in seven months of this year, up 0.1 % (6,500 tons) from 5.377 mln euros last year.

The Social Security and Labor Ministry proposes to increase the monthly benefit that each child in Lithuania receives monthly to 50 euros, from the current 20 euros, starting next January, a move that would cost the state an additional 130.2 mln euros next year.

A five-strong delegation from the Riigikogu group for interparliamentary ties between Estonia and China is visiting China at the invitation of the Chinese parliament from August 23 to September 1 of 2018.

A fund of Lithuania's investment company Capitalica Asset Management is planning to invest 50 mln euros in the construction of two office buildings in the Latvian capital of Riga.