EconomyLithuania's haulage companies in 2015 suffered losses of 2 million euros due to illegal migrants, citing data from Aon Baltic, the country's leading insurance broker. Advertising experts notice that the amount of advertising money going from Lithuania to Internet giants, such as Google, YouTube or Facebook, has been growing recently. Klaipeda remained the number one seaport in the Baltic countries in terms of container handling in January, the port's authority said on Friday. Lithuania's gas trade company Litgas, which is part of state-owned energy holding Lietuvos Energija (Lithuanian Energy), on February 18th signed a revised designated supply contract with Norway's Statoil. Achema also has signed a definitive gas supply contract with Statoil. The number of mergers and acquisitions (M&A) in the Lithuanian market reached almost 70 last year, but it fell short of a record set in 2014. The Lithuanian central government and local governments collected 614.8 million euros in budget revenue in January 2016, exceeding the target by 2%, or 12.1 million euros, preliminary data from the Finance Ministry showed on Monday. Lietuvos Energijos Gamyba (Lithuanian Energy Production, or LEG), Lithuania's largest electricity producer, on Monday reported a net loss of 230,000 euros for 2015, mostly due to a one-off loss from the closure of two units at the Lithuanian Power Plant in Elektrenai. The Lithuanian central government and local governments collected 614.8 million euros in budget revenue in January 2016, exceeding the target by 2%, or 12.1 million euros, preliminary data from the Finance Ministry showed on Monday. 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. |
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