The 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.

Statistics 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.

According to the results of the Survey of the Payment Habits of Lithuanian Residents, in 2016 survey participants holding accounts made utility payments slightly more often online, while at payment institutions – less often. Other payments, by nearly all of the surveyed, were made online rather than at bank or credit union branches. Cash payments were made somewhat less frequently at trading venues.

The average price of electricity in Nord Pool Spot's Lithuanian bidding area declined by 27% over the past year to 36.9 euros per megawatt-hour in January. M-o-m, the price climbed 6%, Litgrid said on Wednesday.