Sweden's furniture group Ikea has increased its forest holdings in Lithuania by 50% to 15,000 hectares over the past 12 months, catching up with Euroforest, the largest investor in Lithuanian forests until recently, the business daily Verslo Zinios reported on Friday.

Imlitex Holdings, a fertilizer and grain trade group that used to export the most of its output via the Riga port until now, will direct some of the production via the Lithuanian port of Klaipeda.

Lithuania's central government and local authorities collected a total of 8.027 billion euros in budget revenue over the whole calendar of 2017, which is 1.5% (EUR 119 mln) above the projected level.

The European Commission has approved almost 140 million euros in additional support for the construction of a combined heat and power (CHP) plant in Vilnius.

Benify, the Swedish developer of benefit and compensation management tools for businesses, is coming to Lithuania.

Wind farms operating in Lithuania in 2017 generated the largest amount of electricity throughout the history of the country's wind energy, with the production volume growing by an annual 20% to 1.3 terawatt-hours (TWh) in 2017 year-on-year.

The Lithuanian seaport of Klaipeda forecasts that cargo volumes will fall slightly this year from last year's record high levels, a senior executive of the port said on January 17th.

Lithuania's new car sales grew at the fastest rate in the EU in 2017, figures from the European Automobile Manufacturers' Association (ACEA) showed on Wednesday.

Prices of apartments and individual houses in many parts of Lithuania were the highest in 2017 over the past decade, setting new records in some segments of the market and rising above pre-crisis indicators.

Lithuania's crude oil production fell by 12% in 2017 compared with 2016 to 68,000 cubic meters, the country's Geological Service said.