Lithuania's Energy Ministry is looking for experts to carry out a feasibility study for the installation of wind farms in the Baltic Sea as the country wants to operate wind farms with a total capacity of 200-3,350 MW in the sea in the future.

Lithuania's Civil Aviation Administration (CAA) said on Wednesday it had suspended the air operating license of the financially-troubled charter carrier Small Planet Airlines.

The value of investment into commercial real estate stood at 330 million euros in Lithuania in the first eleven months of this year, and it was the highest amount on record, figures from real estate company Ober-Haus show.

Lithuania's financially-troubled leisure carrier Small Planet Airlines expects that a new investor will help get its financial situation under control.

The Lithuanian unit of Barclays Group Operations Limited may make an announcement in early December that could mean that the British bank's exit from the country will be of a larger-scale than it has been until now, accroding the business daily Verslo Zinios information.

The head of supply chain operations at Norway's Yara International, one of the world's largest mineral fertilizer manufacturers, says the company's business service center in Vilnius will both coordinate the movement of raw materials and goods and provide new-quality services to customers, the business daily Verslo Zinios reported on Friday.

International money transfer platform Transferwise has opened a euro account in Bank of Lithuania, gaining direct access to the instant euro payments system.

Offshore wind farms will be built in the Baltic Sea in 2021-2022 at the earliest, Lithuanian Energy Minister Zygimantas Vaiciunas told a Baltic energy conference.

The governance of state-run companies will become more transparent and their activities will be more effective if they are listed on the stock market, Masamichi Kono, deputy secretary general at the Organization for Economic Co-operation and Development, told the Lithuanian Verslo Zinios business daily.

In a reversal of its earlier decision, a special government commission has ruled that Lithuania's railway and seaport cargo handling group Kamineros Grupe meets national security interests, giving the green light its expansion at the port of Klaipeda.