Two Indian companies are planning to invest nearly 200 million euros in metal can and textile factories in Rokiskis and create more than 1,500 new jobs in the northeastern Lithuanian town.

Lithuania's retail sales, excluding car sales and repairs and food and beverage service providers, for January through August rose by 6.3%, at constant prices year-on-year, to 7.361 bln euros, not including VAT.

Statistics Lithuania informs that in August 2018, against July, construction input prices remained almost unchanged. The greatest influence on the overall price change was made by a 0.2 per cent increase in wages and salaries and by a 0.1 per cent decrease in prices of construction materials and products. An increase in average gross hourly earnings was determined by increased lump sum premiums, bonuses and benefits.

A tanker which was supposed to bring a LNG shipment to Lithuania on Tuesday will enter the port of Klaipeda later after winds and waves die down.

Preparation for the tender of smart electricity meters by Lithuanian energy distribution system operator Energijos Skirstymo Operatorius (ESO) which is a part of SOE Lietuvos Energija, has received great attention of Lithuanian and international potential producers and suppliers. By implementing a unique public procurement to acquire a smart accounting system (smart meters, information systems for their control and data collection) the Company has invited companies to become familiar with the smart accounting development.

The Danish-capital Klaipeda-based ferry company DFDS Seaways hopes to add two new ferries to its fleet in 2021.

Statistics Lithuania informs that in August 2018, based on provisional data, industrial production totalled EUR 1.98 bln at current prices and, compared to July, seasonally and calendar adjusted, increased by 1.4% at constant prices (unadjusted – by 5.1%).

Lithuania's state-run oil and LNG terminals operator Klaipedos Nafta (Klaipeda Oil) is looking for advisors to draw up a new business strategy until 2030.

SBA, the owner of one of Lithuania's largest furniture manufacturing groups, this year plans to launch construction on a new logistics center and a furniture components factory close to the port city of Klaipeda.

Lithuania needs to develop its efficient electricity capacity to ensure the reliable operation of its energy system in the future, according a study by the country's scientists.