The Lithuanian central government and local governments collected 6.426 billion euros in budget revenue in January through November 2015, exceeding the target of 6.271 billion euros by 2.5%, or 155.4 million euros, data from the Finance Ministry showed on December 14th.

Lithuanian banks and foreign bank branches posted 168.6 million euros in combined profits for the nine months through September 2015, down 5.9% from 179.2 million euros in the same period last year, the central Bank of Lithuania said on Monday.

With the global demand for furniture with artificial cover growing at a pace of approximately 10% each year, Klaipedos Baldai (Klaipeda Furniture), one of the largest European manufacturers of particle board furniture from natural veneer sheet, is poised to enter the market for painted furniture, which is gaining in popularity fast.

Denmark's Oppenhejm & Jansson, the manufacturer of safety products with units in China and Denmark, will invest in a new factory in Panevezys, Northeast Lithuania, which will produce first aid kits for Tesla, Volvo and Renault cars.

Baltic clothing retailer Apranga, which is controlled by Lithuania-based MG Baltic, is projecting retail sales of 214 million euros, including VAT, for 2016, an increase of 7.5% from this year's forecast.

Even though the global crude oil prices have fallen to multi-year lows and the wholesale prices charged by refiners have taken the downward path, fuel prices at the pump in Lithuania have remained unchanged or even increased.

Electricity prices in Sweden, which will soon be connected to Lithuania via the power interconnection NordBalt, will remain the lowest on the Nord Pool Spot exchange in the next years, CEO of Lithuania's electricity transmission system operator Litgrid has said.

Lithuania's tobacco manufacturer Philip Morris Lietuva has implemented an expansion project, worth 42 million euros, at its manufacturing facility in Klaipeda without interrupting production in 2015.

On April 8, 2016, innovation-minded business people and officials, investors, and start-ups from all over the world will be paying a visit to the capital of Lithuania as venture capital fund Nextury Ventures, in association with Vilnius City Municipality, will be holding a conference "The Bitcoin Conference 2016", the largest cryptocurrency conference in the Baltic states, featuring insights from US investors, experts, practitioners, start-ups, and officials.

Panevezio Statybos Trestas (PST), one of the leading construction groups in Lithuania, said on November 27th that its consolidated net profits for the nine months through September 2015 increased to 1.437 million euros, up 38% from 1.041 million euros in the same period last year.