EconomyState-run Lietuvos Gelezinkeliai (Lithuanian Railways, LG) generated 242 million euros in revenue in January through July 2017, up by 3.8% from the same period of 2016. Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports of goods in June 2017 amounted to EUR 2.27 billion, imports – EUR 2.34 billion. Exports of goods of Lithuanian origin amounted to EUR 1.32 billion. The foreign trade deficit of Lithuania amounted to EUR 72 million. Estonian international coach operator Lux Express in the first half of the year 2017 carried by 23% more passengers in the Baltic states than in the first six months of 2016, the company said. Lithuania's state-run energy holding Lietuvos Energija and electricity transmission system operator Litgrid are selling data communication and data center operator Duomenu Logistikos Centras (Data Logistics Center, or DLC) for an unspecified sum of money to telecommunications company Telia Lietuva. Nigerian citizens living in Lithuania laundered money via the state-run Lietuvos Pastas (Lithuanian Post), which sacked its CEO Lina Minderiene last Friday, the Financial Crimes Investigation Service (FNTT). Growing oil product flows from Belarusian factories caused an increase of revenue and loading volumes at Lithuania's oil product terminals operator Klaipedos Nafta (Klaipeda Oil) in July 2017. Furthermore, the loading volumes were pulled up by higher freight turnover via the terminal's renovated tank vehicle pad. After the new management of the state-run company Lietuvos Gelezinkeliai (Lithuanian Railways, LG) set a goal of becoming one of the leading freight carriers across Europe, the company already overtook one of its competitors, a Latvian railway company, in June 2017. Baltic private equity fund Livonia Partners jointly with the Estonian bank LHV's pension fund and Skype's founders have applied for a approval to invest in Lithuania's second-largest television and Internet provider Cgates. The Lithuanian seaport of Klaipeda handled 23.9 million tons of cargo in January through July, a rise of 2.9% from 23.2 million tons a year ago, the port's authority said. The Lithuanian gas market Get Baltic, which has been operating in Latvia and Estonia for a month, does not feature major turnover in the two countries. |
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