EconomyAfter Lithuania imported cheaper energy from the Nordic states and generating more from renewable resources, electricity prices on the Nord Pool Spot's Lithuanian bidding area last week declined by 16% to 31.99 euros per megawatt-hour from a week earlier. Statistics Lithuania informs that in IV quarter 2016 average gross monthly earnings in the whole economy (excl. individual enterprises) totalled EUR 822.8: in the public sector2 – EUR 849.7, in the private – EUR 809.1. Against III quarter 2016, average gross monthly earnings in the whole economy increased by 3.7%: in the public sector – by 5.3%, in the private – by 2.8%. Lithuanian bank plans no basic payment services basket for banks' business clients2017-02-27, 11:51The Lithuanian central bank does not plan to require that banks offer a basket of basic payment services at a regulated fee to their business customers. Sweden's Ikea group currently owns 38,000 hectares of forest in the three Baltic states, which is a rise by 52% from what the group announced last September. Klaipeda lagged behind Riga in terms of container traffic in January, the Lithuanian seaport's authority said. The municipal water supplier Vilniaus Vandenys (Vilnius Water) sold its headquarters in Vilnius' Old Town to the Danish-owned property developer Asgaard Property for 3.9 mln euros in an auction on Tuesday. Electricity prices across the Baltic Sea region went down last week as demand for power declined due to improved weather conditions. Scapa Baltic, a Swedish-owned Lithuanian company that manufactures soft leather and tapestry furniture for the Scandinavian market, posted 36.176 mln euros in revenue for the last financial year, up 1.5% from 35.651 mln euros a year earlier. The number of building permits issued and new buildings completed increased in Lithuania2017-02-19, 18:16Statistics Lithuania informs that, based on the data from the Building Permits and State Construction Supervision Information System of the Republic of Lithuania (IS) Infostatyba, in IV quarter 2016, against IV quarter 2015, the number of building permits issued increased by 13.8%, of which for the construction of new residential buildings – by 27.9%. Lithuania in the fourth quarter of 2016 registered the largest quarterly increase in construction output in the European Union, figures from the EU statistical office Eurostat showed on Friday. |
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