Lithuanian furniture and interior design retailer Berry has invested over EUR 1 mln in its first store in Latvia which will open in Riga in late March.

Klaipeda continues to lag behind Riga in terms of container traffic, the Lithuanian seaport's authority said on Friday.

After rising last week, the price of electricity in Nord Pool's Lithuanian bidding area fell to record lows in the early hours of Wednesday.

The Lithuanian central bank governor said on Tuesday that a new bank might enter the market this year, but he gave no further details.

Lithuania's central government and local authorities collected a total of 1.2 billion euros in budget revenue during the first two months of this year, exceeding the revenue target for the period by 32.4 mln euros, or 2.7%.

Lithuania's KG Group, which is controlled by Tautvydas Barstys, is set to invest 10 million euros in its two companies in Belarus after securing a working capital loan from the European Bank for Reconstruction and Development (EBRD).

Statistics Lithuania informs that in February 2017, against January, prices for the total industrial production sold increased by 0.2%, refined petroleum products excluded – 0.3%.

Siauliu Bankas, a Lithuanian bank controlled by the European Bank for Reconstruction and Development (EBRD) and a group of local investors, is set to increase its authorized capital by 21.894 mln euros to 131.366 mln euros through a bonus issue.

Housing affordability in Lithuania's major cities declined in late 2016 despite accelerating wage growth, according to Swedbank's latest housing affordability index (HAI) released on Thursday.

US point-of-sale (POS) solutions provider Harbortouch is set to establish a product creation and development unit in Vilnius, Invest Lithuania, the government's foreign investment promotion agency.