Banks operating in Lithuania and branches of foreign banks posted a profit of 61 million euros in the first quarter of the year 2016, up by 7.5% from 56.8 million euros in the January-March period of 2015.

Lithuania's Baltkalis, the Baltic dealer of fertilizers manufactured by Belarus fertilizer producer Belaruskali, in 2015 saw its revenue soar by 49% to 50.503 million euros year-on-year from 33.9 million euros.

One of the biggest Nordic manufacturers of building constructions plans to build a factory in Marijampole, Lithuania, with the investments possibly reaching up to 100 million euros.

Statistics Lithuania informs that in May 2016, against April, prices for the total industrial production sold increased by 1.5, refined petroleum products excluded – decreased by 0.6%.

Lithuania's companies posted more than 1 billion euros in aggregate pretax profits for the first quarter of 2016, up by 31.2% compared with a year ago and up 14.3% from a quarter ago, Statistics Lithuania said on June 10th.

The Lithuanian state received 1.6% more revenue than planned in the first five months of 2016, putting the total revenue figure at 2.424 billion euros, the government said. The 2016 revenue indicates an increase by 8.5% (190.2 million euros) year-on-year.

Lithuania's Senukai-controlled Romos Holdingas, the operator of the Oma chain of building materials and tools in Belarus, in 2015 posted 116.404 million euros in consolidated revenues.

The state-run company Lietuvos Gelezinkeliai (Lithuanian Railways, or LG) will pay 845,700 euros in dividend to the state, which accounts for 20% of its retained earnings.

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.