Figures from the Lithuanian Banks' Association show that credit cards are not as widespread in Lithuania as they are in the United States.

Lidl's launch date in Lithuania has become clearer after the German discount supermarket chain informed the Kaunas district authorities that its 42,000-square meter logistics center in Ramuciai will open in mid-April 2016.

On Thursday, First Deputy Chancellor of the Government Rimantas Vaitkus has met at the Office of the Government with Jeremy Browne, Special Europe Representative for the City of London, one of the world's financial centres. Jeremy Browne has expressed interest in Lithuania's investment environment and business climate, and has discussed cooperation prospects.

Lithuania's leading dairy producer Vilkyskiu Pienine saw its sales fall by an annual 32% to 4.7 million euros in January 2016.

In the end of last week, the operator of the Lithuanian liquefied natural gas (LNG) terminal – Klaipėdos nafta AB – signed two new agreements on the use of terminal capacities with the largest gas market players: Achema and Lietuvos dujų tiekimas. The new agreements serve as a proof to the markets that the gas price offered by Norwegian gas company Statoil for 2016 was lower than the price offered by Russian gas company Gazprom.

Lithuania this week will redeem a 1-billion-euro Eurobond issued ten to eleven years ago.

Mediola, a Lithuanian company that offers handmade candles and soaps under a new brand name, Freshdeli Soul & Body, has recently launched exports to Asia.

Maxima Grupe (Maxima Group), the operator of the largest retail chain in the Baltics, said on Thursday that its consolidated revenue rose by 3.6% in 2015 compared with 2014 to reach 2.677 billion euros, not including VAT.

SEB Banka's operating profit after taxes and provisions in 2015 reached EUR 35 million which is a 51% rise from 2014, the bank said. SEB Bankas in Lithuania said that its full-year net profit fell to 62.1 million euros in 2015, and Estonian units of the Swedish banking group SEB earned a profit of 75 million euros last year, which corresponds to the year-earlier result.

Norwegian-owned DNB Bankas and its subsidiaries on February 4th reported 19.3 million euros in net profits for the full year 2015, up 17.7% from 16.4 million euros in 2014.