Telia Lietuva, Lithuania's TV, Internet and mobile services provider that is majority owned by Sweden's telecoms group Telia Company, has received a 60-million-euro loan from three Scandinavian banks and will use the money to refinance a loan extended by Telia Company to Omnitel several years ago.

Over the month, the turnover of enterprises engaged in wholesale and retail trade of motor vehicles and motorcycles decreased by 1%.

Lithuania's herbal tea producer Svencioniu Vaistazoles has sent the first containers with tea blends for babies to Saudi Arabia and expects to increase its exports by one-fifth this year.

A survey conducted by the German-Baltic Chamber of Commerce (AHK) in 2017 shows German businesses as having a better opinion of the Baltic countries than of any other country in Central and Eastern Europe.

Statistics Lithuania informs that in April 2017, industrial production totalled EUR 1.5 bln at current prices and, compared to March, seasonally and calendar adjusted, decreased by 0.6 % at constant prices (unadjusted – by 12.1%).

Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System the Republic of Lithuania (IS) Infostatyba, in I quarter 2017, against I quarter 2016, the number of building permits issued for the construction of new buildings (hereinafter referred to as the building permits) increased by 16.7%, of which the number of building permits issued for the construction of new residential buildings – by 15.8%.

Lithuanian Elektrenai power plant was switched on after electricity prices in Nord Pool Spot's Lithuanian bidding area jumped on Monday, a spokesman for Lietuvos Energijos Gamyba (Lithuanian Energy Production) confirmed.

Russia's airline RusLine on Monday is launching a service between Vilnius and St. Petersburg.

Electricity prices for Latvian households were the 15th highest in the European Union in July-December 2016, while gas prices were the seventh lowest; however, electricity and gas prices in Latvia were both higher than in Lithuania and Estonia, according to Eurostat.

DFDS Seaways, a Lithuanian ferry operator that is part of the Danish shipping group DFDS, posted 75.995 mln euros in consolidated revenue in 2016, down by 20.7%, from 95.874 mln euros, in the year before. The company said the decline was due to handover of some of the routes to Denmark's DFDS.