Sales of the listed Lithuanian clothing company Apranga Group on the Estonian market increased 8% on year in the first nine months of 2017. The group's retail sales in the three Baltic countries totaled 159.4 million euros in the nine-month period, which represents an increase of 3.6% over the year.

Power transmission system operators of the Baltic countries and Poland begin to coordinate in Warsaw on Friday a study on the planned synchronization of the Baltic electricity grids with the Western European system.

Statistics Lithuania informs that, based on provisional data, in August 2017, the turnover (VAT excluded) of retail trade1 enterprises amounted to EUR 915.7 million at current prices, and against July 2017, seasonally and calendar adjusted, increased by 0.7% at constant prices (unadjusted – by 3.6%).

The Baltic venture capital fund Baltcap Infrastructure Fund (BinF) has signed a contract to finance the construction of a 48 megawatt biomass plant in the Lithuanian capital Vilnius for 16 million euros, the first infrastructure project financed by BInF.

The Viking shuttle container train running from the Baltic Sea to the Black Sea carried 38% more cargo in January-August of 2017, as compared with the same period last year.

In tune with global trends, butter prices in Lithuania have soared by 74% in a year, in 2017.

Klaipeda remained the number one seaport in the Baltic countries in terms of container handling in January through August, the port's authority said.

Enterprise Lithuania, the government's export promotion agency, expects exports of Lithuanian-origin goods to rise by 12% this year compared with 2016 to reach 12.3 billion euros, up from its spring forecast of 6.5% growth to 11.6 billion euros.

Ikea Industry Lietuva, a Lithuanian chipboard and furniture manufacturer that is part of Sweden's furniture group Ikea, is investing in a new furniture factory with plans to double its production capacity and create 20 new jobs.

Lithuania's overall cargo volumes grew by 13% in the first half of 2017 from a year earlier to 66.857 million tons, the country's statistics office said.