EconomyVilkyskiu Pienine, a leading dairy group in Lithuania, posted growth in sales revenue for January through October 2016 thanks to rising prices for dairy products in export markets. Lietuvos Energija (Lithuanian Energy), Lithuania's state-run energy holding company, intends a bond issue of nominal value of 50-100 million euros in mid-2017 linked with renewable energy projects it is working on. The group's CEO Dalius Misiunas says the new financial instrument will allow completing the projects without grants and furthermore employ people's savings. Residential property prices in Vilnius rose at the fastest rate in the Baltic countries in the first half of 2016. The growth of Lithuania's gross domestic product (GDP), which was merely 1.6 % in the third quarter of this year, will probably grow at a similar pace at the end of the year, with recovery expected in 2017 only. A new liquefied natural gas (LNG) shipment of Norway's Statoil concern arriv ed in the Lithuanian port of Klaipeda on Sunday, be coming the first LNG shipment in the new gas year that opened on Nov. 1. Lithuania's fertilizer producer Achema, the country's single largest natural gas consumer, has appealed the European Commission's decision to authorize state aid to the Klaipeda liquefied natural gas (LNG) terminal to the EU General Court. Lithuania's y-o-y fall in producer prices in Sept sharper than EU average - Eurostat2016-11-05, 14:09Lithuania's annual decrease in industrial producer prices in September was larger than the EU average, figures from the EU statistics office Eurostat showed on Friday. The total value of real estate owned by foreign natural persons in Lithuania stood at 326.27 mln euros at the end of 2015, up 8.5 % from 300.83 mln euros a year earlier, Statistics Lithuania said. Ireland's low-cost airline Ryanair has opened a new airplane base in Vilnius, keeping two of its aircrafts here. It is Ryanair's second base in Lithuania, with two planes held in Kaunas. The Lithuanian central government sector's debt stood at 15.503 bln euros at the end of September, accounting for 40.5 % of this year's projected GDP. |
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