U.S. investment company Providence Equity Partners (Providence), which is the new owner of Bite mobile operator, has also invested in Latvia's Baltcom TV and Internet services provider.

All Baltic ports together handled 73.273 mln tons of cargo in the first six months of 2016, which is by 4.81 mln tons or 6.2% less than during the same period in 2015.

Klaipedos Nafta, (Klaipeda Oil) the Lithuanian state-controlled oil loading company and the operator of the liquefied natural gas (LNG) terminal, posted revenue of 65.3 mln euros in the first seven months of 2016, up by 4.6 % from January-July of 2015.

Ventus-Nafta, a Lithuanian chain of filling stations owned by Poland's Orlen, last year saw its total revenue fall to 70.493 mln euros, down 8.6 % from 77.097 mln euros in 2014.

The free economic zone (FEZ) of the Lithuanian port city of Klaipeda has signed a contract with Lavango Group of food industry technologies, which will invest 1.5 million euros in construction of new production facilities and will move to the new premises in late 2016.

The decline of prices for industrial output was higher in Lithuania than the European Union (EU) average in June, Eurostat said.

Apranga, the largest Baltic clothing retailer controlled by MG Baltic concern, increased its retail turnover (including VAT) by 7.2%, to 113.2 mln euros, in the January-July period of 2016 y-o-y, said Rimantas Perveneckas Apranga Group Director General via Nasdaq Vilnius stock excahnge.

The latest 455-megawatt combined-cycle gas block at unit Nine of the Elektrenai power plant, which is operated by the Lietuvos Energija (Lithuanian Energy) holding, went offline on Thursday, with repairs expected to last until early August.

Japan-based peer-to-peer lender Crowdcredit plans to invest in Lithuania's peer-to-peer lending platform Savy.

Nordic Sugar Kedainiai, the Lithuanian unit of Denmark's Nordic Sugar, one of the biggest sugar producers in Europe, last year posted a 13.5 % revenue growth as a decline in its sugar output was offset by a rise in sugar prices. The company reported 82.799 mln euros in revenue for the last financial year, up 13.5% from 72.932 mln euros a year earlier.