Lithuania's haulers, which have lost most of the Russian market, have managed to strengthen their positions in Western European markets, president of Linava, the Lithuanian national road carriers' association.

The average retirement pension in Lithuania will increase by 8.21 euros, or 3.2%, to 265 euros on January 1, 2016 in line with the government's decision, which will affect approximately 857,000 people.

The first train should leave the Estonian capital for the Lithuanian-Polish border in 2025, their chairwoman of RB Rail, a Baltic joint venture that coordinates the European standard-gauge railway project Rail Baltica in all three countries.

The European Investment Bank (EIB) and Lithuania's natural gas transmission system operator Amber Grid signed on December 21st an agreement on a loan of up to 28 million euros.

Lithuanian subsidiary of the listed Estonian construction company Merko Ehitus, UAB Merko Statyba, is to build a six-storey office building in Vilnius for a Lithuanian subsidiary of E.L.L. Kinnisvara AS for 8.5 million euros.

Turkey's textile manufacturers are in a rush to find new buyers as they are being forced out of Russia, which is good new for Lithuanian clothing producers, the business daily Verslo Zinios reported on Friday.

Lithuania is ranked by Forbes, an influential business magazine, as the world's 17th best country to do business in 2015, up from 22nd place in 2014.

The closure of Russia's market forces Turkish fruit producers to lower prices for products supplied to Lithuania, the business daily Verslo Zinios reported on December 18th.

FL Technics, an aircraft maintenance, repair and overhaul (MRO) services company that is part of the Lithuanian-owned, Warsaw-listed aviation group Avia Solutions Group (ASG), has signed a brake and wheel maintenance contract with Lithuania's Small Planet Airlines.

Lithuania this year posted one of the lowest annual declines in real agricultural income per worker among the EU's 28 member states, preliminary figures from Eurostat showed on Tuesday.