Lithuanian companies have received the green light to export beef to Morocco. Lithuania's State Food and Veterinary Service has received confirmation from Moroccan officials that a veterinary certificate has been approved.

Danish-owned, Klaipeda-based DFDS Seaways last year posted a profit of 7.4 million euros on revenue of 77.7 million euros, up from 1.5 million euros and 76 million euros in 2016, respectively.

Stokrotka, a Polish retail chain purchased recently by Maxima Grupe (Maxima Group), this year is likely to add around 100 new stores to its existing chain of 436 stores, the Lithuanian group's chief executive officer said.

Lithuania's state-controlled oil product and liquefied natural gas (LNG) terminals operator Klaipedos Nafta (Klaipeda Oil) said on Friday that its first-quarter net profit surged to 6.75 million euros, up 40.6% from 4.8 million euros in the same period last year.

Zala Arms, a Lithuanian company selling hunting gear, is setting up an ammunition production line with a test shooting range as well as a first-in-the-country private gunpowder storage.

The Vilnius-based Barclays technology center, which has recently announced plans to cut the number of its staff by a third, has probably found cheaper business development opportunities, head of the Investors' Forum, uniting foreign investors, believes.

Lietuvos Gelezinkeliai (Lithuanian Railways) increased its lead in the Baltic rail freight market in the first quarter of 2018.

Snaige, the only refrigerator manufacturer in the Baltics, says that its 12.616-million-euro loss for 2017 was due to 12.2 million euros worth of loans to the Polair Group's companies having been set aside as doubtful debt provisions.

A 213-million-euro deal on the acquisition by Rimi Lietuva, a Lithuanian retail chain owned by Sweden's ICA Gruppen, of Iki, a rival chain owned by Palink, is being cancelled.

The first Marriott chain hotel in Lithuania was opened in Vilnius on Thursday, the project's developer Hanner said.