In the first six months of 2018, all Baltic ports together received and shipped 76.678 mln tons of cargo, which was 0.1% or 107,500 tons less than in the respective period last year.

With the Government having launched a public consultation, the Bank of Lithuania presents its assessment of and proposals for the presented changes in the tax and pension system. The assessment relays the results of the central bank’s analysis of whether the changes are well-suited to tackle two major corresponding issues: insufficient capacity in public finances and the adverse impact of demographic factors on the pension system.

Poland's investment fund MCI. PrivateVentures, which now owns 51 percent of shares in the Baltic e-retailer Pigu, has been given the go-ahead to acquire full control of the Vilnius-based company and of Poland's Morele.net.

Analysts from SEB, one of the largest commercial banks in Lithuania, have kept the country's GDP forecasts unchanged.

Payments to become even simpler and faster in Lithuania

Due to the price difference in 2011-2017, consumers overpaid another 7.54 mln euros to Vilniaus Energija (Vilnius Energy), the former heating company in the Lithuanian capitals, bringing the total overpaid amount to almost 26 mln euros.

Lithuania's electricity and natural gas distribution company Energijos Skirstymo Operatorius (Energy Distribution Operator, or ESO) said in a stock exchange release that its revenue for January through June 2018 edged up by 0.4 % y-o-y to 309 mln euros.

globalfxm.com (AllProTech OÜ) has been the first website to be blocked under direction of the Bank of Lithuania for offering and providing illegal investment services, Bank of Lithania informed.

ABC Data Lietuva, a Lithuanian company controlled by Warsaw-listed Polish computer hardware and consumer electronics wholesaler ABC Data, posted 56.696 mln euros in revenue last year, up 7.5% from 52.754 mln euros in 2016.

One of the largest clothing retailers in the Baltic states, Apranga Group, posted EUR 2.144 mln in consolidated net profits for the first half of this year, down 49.8% from EUR 4.272 mln a year ago, the company reported to the Vilnius Nasdaq Stock Exchange.