Swedbank will provide loans, guaranteed by the European Investment Fund (EIF), to small and medium-sized enterprises in the Baltic countries.

The central Bank of Lithuania has started holding reverse auctions of public sector purchase program via Bloomberg auctions platform. As part of its participation in the expanded asset purchase program within the Eurosystem, the bank tested the system on June 2nd.

Biriu Kroviniu Terminalas (Bulk Cargo Terminal, or BKT), a company that has observed rapid growth over the past few years, is readying for a 40-million-euro expansion and subsequent double increase in its loading capacity.

German-owned retailer Lidl Lietuva on June 2nd opened its first 15 stores in Lithuania, the 26th market where the chain operates.

Amid signs of overheating on the mortgage market in Sweden, Lithuanian banks and real estate developers say that the Swedish troubles are not relevant for Lithuania, while independent experts are convinced that crediting in the Baltic States would be stalled.

Lithuanian and Polish railway companies are set to launch a regular passenger service between Kaunas and Bialystok in mid-June 2016, following six months of negotiations.

The Lithuanian government is initiating the construction of wind power plants in the Baltic Sea, with projects to be implemented following the examples of Denmark and Germany.

The Lithuanian and Algerian authorities are finalizing veterinary certificates for Lithuanian meat product exports to the North African country, the daily Lietuvos Zinios reported on Friday.

Vilniaus Prekyba, the owner of Lithuania's grocery chain Maxima, the drugstore chain Eurovaistine and the DIY-chain Ermitazas, posted 3.17 billion euros in consolidated revenue, not including VAT, for 2015, up 3.7% from 3.06 billion euros in 2015.

In the first quarter of the year 2016, the highest office space rental prices in the Baltic countries were in Vilnius and at the same time vacancy was the lowest in the Lithuanian capital, Colliers said in its Baltic property overview.