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.

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.