City Service , the Lithuanian real estate maintenance group with operations in the Baltic states, Poland, Spain and Russia, is expanding its residential building maintenance business in Latvia.

Lithuanian companies, which exported mostly food-grade wheat to Middle East and Northern Africa in recent years, will have to find markets much closer to home to sell this year's poorer-quality crop.

Lithuania's foreign direct investments in Estonia shrank by 58.8% y-o-y to 89.4 mln euros in the first half of 2016, while investments in Cyprus soared by 43% to 277.6 mln euros.

After the Vilnius international airport is closed for runway reconstruction next summer, the majority of airlines flying to Vilnius will work from Lithuania's second-largest city Kaunas for a month.

According to CEO of the Estonian real estate company Ober-Haus AS, Tarmo Kase, the Baltic real estate market is in a slump, but the most promising is the Lithuanian market.

Works of the second stage of reconstruction of the runway at Vilnius Airport to be carried out in the summer of 2017 are expected to cost nearly EUR 24 million. Having announced an open and public tender for the procurement of reconstruction contract works, a contractor, the quality of works and reputation whereof would raise no doubt, is searched for.

The total cost of the standard-gauge railroad Rail Baltic may amount to 5 billion euros instead of the initially planned cost of 3.68 billion euros, Baiba Rubesa, CEO at the project's coordinator RB Rail.

Lithuania's annual decrease in industrial producer prices in August was larger than the EU average, figures from the EU statistics office Eurostat showed on Tuesday.

A total of 17,800 new cars were registered in Lithuania in January through September, a rise of 22% from 14,600 registered in the same period last year.

The euro area (EA19) seasonally-adjusted unemployment rate was 10.1% in August 2016, stable compared to July 2016 and down from 10.7% in August 2015.