Lithuania's agricultural product processing company Kauno Grudai (Kaunas Grain) operated by businessman Tautvydas Barstys on July 31st exported about 20 tons of chicken products to Japan, becoming the first Lithuanian company to export poultry to one of the biggest Asian markets. Arvi Kalakutai should follow suit shortly.

Lithuania's phosphate fertilizer manufacturer Lifosa, which is controlled by Russia's fertilizer group Eurochem, is officially inaugurating a new production unit on August 1st.

German-owned retailer Lidl Lietuva, which opened its first stores across Lithuania in June of 2016, posted 166 million euros in revenue (not including VAT) in the past financial year.

All Baltic ports together handled 74.818 million tons of cargo in January-June 2017, up 2.1% or 1.544 million tons from the same period in 2016, according to the data released by the Latvian Central Statistical Bureau.

Two new companies will be engaged in natural gas supplies operations in Lithuania: Latvia's Latvijas Gaze and Switzerland's Verum Plus on July 27th secured relevant licenses from the Lithuanian Control Commission of Prices and Energy.

Runway reconstruction at the Vilnius International Airport, which will last over a month and has caused all flights to be moved to Kaunas, has reduced tourist flows to the Lithuanian capital city's hotels, however, Kaunas hotels enjoy higher bookings.

Statistics Lithuania informs that, based on provisional data, in June 2017, the turnover (VAT excluded) of retail trade1 enterprises amounted to EUR 866.4 million at current prices, and against May 2017, seasonally and calendar adjusted, decreased by 1.7% at constant prices (unadjusted – by 2.4%).

Statistics Lithuania informs that, based on provisional data, in June 2017, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade, repair of motor vehicles and motorcycles amounted to EUR 296.2 million at current prices and, against May 2017, seasonally and calendar adjusted, increased by 0.6% at constant prices (unadjusted – decreased by 3.9%).

Finnish-owned Forum Cinemas, which owns movie theaters in Lithuania's largest cities and towns, posted revenue of 16.415 million euros last year, up by 12.7%, from 14.56 million euros, in 2015.

Statistics Lithuania informs that in June 2017, based on provisional data, industrial production totalled EUR 1.7 billion at current prices and, compared to May, seasonally and calendar adjusted, decreased by 0.7% at constant prices (unadjusted – increased by 1.7%).