Klaipedos Nafta (Klaipeda Oil), operator of the Lithuanian liquefied natural gas (LNG) terminals, raised its September revenue by a fifth, however, its revenue for the first nine months of this year was below the 2016 level.

Orlen Lietuva, the Lithuanian unit of Poland's oil group Orlen , remains number-one among top 50 biggest companies in the Baltic states, however, may be ousted by Vilniaus Prekyba in the next rating.

Rimi Lietuva proposes to sell 17 Iki and Rimi stores in Vilnius, Kaunas, Klaipeda and Panevezys, accounting for 6% of the two companies' combined chain, to third parties to secure regulatory approval for its planned takeover of Iki, Lithuania's largest grocery chain.

Statistics Lithuania informs that according to the non-final data on gross value added and employment and the recalculated estimates for labour productivity, in 2016, the value added per hour actually worked in the whole economy amounted to, on average, EUR 13.6 at current prices.

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.