Klaipedos Nafta (Klaipeda Oil), the Lithuanian state-controlled oil loading company, has signed a long-term three-year fuel oil loading contract with the Belarusian oil company Belorusskaya Neftyanaya Kompaniya (Belarusian Oil Company, or BNK ).

Lithuania plans to spend over 170 mln euros on information and communication technology (ICT) development over the next three years, with a large portion of the money to go toward making various public and administrative services available online.

Lithuania's regulator has given the green light for merging the mobile operator Omnitel into the integrated telecoms, IT and TV services provider Teo LT.

A figure in the budget of Lithuania's state-run social insurance fund Sodra warns that if several thousand more people enter the labor market than leave it in 2017 and 2018, the total number of the insured will remain unchanged and the labor market will come close to its bottom as soon as in 2019.

The Lithuanian seaport of Klaipeda continues leading the ports of other Baltic countries in terms of container loading volumes in the first nine months of 2016.

Lithuania has been chosen as the location for one of two settlement centers between the European Union and China due to broad attitude of Lithuanians, friendly bureaucrats and recommendations of Chinese companies investing in Klaipeda.

The UK Railway Industry Association expects that UK-based railway design, construction and maintenance companies will bid for Rail Baltica construction contracts.

Despite a decline in exports to Russia, the country remains Lithuania's key export partner amid falling exports to other markets, SEB Bankas' economist Gitanas Nauseda said.

The three Baltic countries registered the EU's highest quarterly increases in house prices in the second quarter of 2016, according to the latest figures released by the EU statistics office Eurostat.

Analysis of fully-processed registrations’ data performed by AV Automotive Research / AutoTyrimai, based on source data obtained from Regitra (Lithuania), CSDD (Latvia) and Maanteeamet (Estonia), shows that new light-vehicle (M1&N1) registrations in the Baltic States increased by 12.3% to 17’045 units in III quarter 2016.