With Lithuania's natural gas consumption on the decline, the Klaipeda liquefied natural gas (LNG) terminal's maintenance costs for consumers will rise next year, which will likely lead to an increase in final gas prices.

The parcel delivery services provider DPD is to install more than 250 new parcel terminals in the Baltic countries in the next two years and invest nearly 5 million euros.

Lithuania's confectionery and pet food manufacturer Mars Lietuva, which is part of the international food industry giant Mars, will invest more than 30 million euros in expansion, hoping to boost production capacities by nearly a third.

Statistics Lithuania informs that in III quarter 2017 average gross monthly earnings in the whole economy (individual enterprises excluded) totalled EUR 850.8: in the public sector2 – EUR 851.8, in the private sector – EUR 850.4. Against II quarter 2017, average gross monthly earnings in the whole economy increased by 1.4%: in the public sector – by 1.1%, in the private sector – by 1.6%.

Online travel giant Booking.com plans to open a customer service center in Vilnius in April 2018 and to create up to 900 new jobs within five years.

Maxima Grupe (Maxima Group), the leading Baltic retailer that owns the Aldik retail chain in Poland, has signed an investment agreement on the acquisition of Stokrotka, a chain of 410 convenience stores in the neighboring country.

Rainbow Tours, Poland's second-largest tour operator, is entering the Lithuanian market in early December and should offer more directions for clients.

Statistics Lithuania informs that in October 2017, based on provisional data, industrial production totalled EUR 1.79 billion at current prices and, compared to September, seasonally and calendar adjusted, decreased by 1% at constant prices (unadjusted – increased by 2.2%).

Ireland's budget airline Ryanair has announced intentions to fly passengers from Lithuania's second-largest city Kaunas to two resort cities, Burgas in Bulgaria and Rimini in Italy.

Lithuania's central government and local authorities collected a total of 6.702 billion euros in budget revenue in January through October 2017, which is 1.7% above the projected level.