EconomyRussia's airline Rusline will Saturday start flying passengers between the Lithuanian seaside resort of Palanga and St.Petersburg. Latvia’s national carrier airBaltic flew 1,193,243 air passengers during the first five months of this year, which was a 19% rise against the same period last year, BC was told at the company. Estonia and Lithuania registered the EU's highest annual inflation rates for May, figures from the EU statistical office Eurostat showed on Friday. Bennet Distributors, a Lithuanian alcoholic beverage importer that is part of the international alcohol production and trade group S.P.I. Group, last year posted 89.967 mln euros in revenue, down 1.5% from 91.331 mln euros in 2015. Lietuvos Oro Uostai (Lithuanian Airports), the operator of the country's three major international airports, said that its first-quarter revenue jumped by 26.4 % to 7.287 mln euros, from 5.765 mln euros in the same period last year. Lithuania's Klaipedos Nafta signs contracts on construction of new oil product tanks2017-06-14, 10:23The management board of Lithuania's state-controlled oil terminal operator Klaipedos Nafta (Klaipeda Oil) has concluded contracts with two contractors for the construction of new tanks for storing oil products. Fazer Lietuva, a Lithuanian bakery of Gardesis bread and confectionery trade owned by Finland's Fazer Bakeries, invested 1.7 mln euros in expansion and opened new bakery facilities in Lithuania's second city Kaunas. Vilkyskiu Pienine, one of Lithuania's largest dairy companies, had its 2017 revenue driven by a slight increase in sales and growing prices. Statistics Lithuania informs that, based on non-final data obtained from customs declarations, Intrastat reporting and VAT returns data, exports in April 2017 amounted to 2 bln, imports – EUR 2.3 bln. Exports of goods of Lithuanian origin amounted to EUR 1.1 bln. The foreign trade deficit of Lithuania amounted to EUR 316.8 mln. Baltic Pack, one of Lithuania's leading packaging suppliers, last year posted 25.123 mln euros in consolidated revenue, up by 11.1%, from 22.62 mln euros, in 2015. |
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