Economyglobalfxm.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. The Central Bank of Ireland has approved the Lithuanian Maxima Grupe's (Maxima Group) base prospectus, announced on the Dublin Stock Exchange and letting the company to issue bonds worth up to 1 bln euros. MERA, a Russian-capital software services provider, has announced plans to open a branch in Vilnius. Over the course of several years, the company plans to employ over 200 software engineering professionals. The Estonian Competition Authority allowed Lithuanian company Vilniaus Prekyba, operating Ermitazas, a DIY store chain operated, to acquire Estonia's Bauhof DIY chain with 13 stores. Estonian consumer loan bank Bigbank's Lithuanian branch posted 4.4 mln euros in net profits in the first half of this year, up 37.5 percent from 3.2 mln euros a year ago. Lithuania's natural gas supply and trade company Lietuvos Duju Tiekimas (Lithuanian Gas Supply, LDT), part of the Lithuanian state-run energy group Lietuvos Energija, has sold a LNG shipment to the Netherlands' Shell, one of the largest gas trading companies in the world. Lithuanian-German energy company Danpower Baltic earned 3.501 mln euros in consolidated net profits last year, up 73% from 2.024 mln euros in 2016. Klaipedos Smelte, the container terminal at Lithuania's port of Klaipeda, is expected to save shippers based in Asia time and money delivering cargo to northern Europe and Nordic states, writing IHS Media. |
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