EconomyThe Lithuanian Finance Ministry on Monday raised 14 million euros by reopening an issue of five-year government securities, falling due in 1,645 days, at an average yield of 0.78%. Statistics Lithuania informs that in October 2015 industrial production totalled EUR 1.6 billion at current prices and, compared to September, increased by 11.7% at constant prices, seasonally and working day adjusted – increased by 11.3%. In January–October 2015, industrial production totalled EUR 15.6 billion at current prices and compared to the same period of 2014, grew by 4.7% at constant prices. Klaipedos Nafta (Klaipeda Oil), the Klaipeda liquefied natural gas (LNG) terminal's operator, has established a subsidiary, SGD Logistika (LNG Logistics), which will be in charge of an LNG bunkering carrier operation. Lithuania's furniture manufacturer Akmena in 2015 is targeting revenue growth of around 8% after increasing the amount of products made for Sweden's furniture giant Ikea, the business daily Verslo Zinios reported on Thursday. Lithuania's state railway company Lietuvos Gelezinkeliai (Lithuanian Railways) handled a total of 39.644 million tons of freight in January through October 2015, down 2.6% from the same period last year, provisional figures from Statistics Lithuania showed on Friday. The LitPol Link power interconnection between Lithuania and Poland is ready for power transmission, Litgrid said on Thursday following the first tests of the line. Lithuania has exported 25.5 million eggs, or around 3% of its total output, to the United States since the start of the year, the business daily Verslo Zinios reported on Nopvember 19th. A delegation from Lithuania and China's General Administration of Quality Supervision, Inspection and Quarantine are to sign in Beijing on Thursday protocols on breeding animal and milk product exports to China. Statistics Lithuania forecasts that the country this month will record a minus 0.1% EU-harmonized monthly inflation rate. Statistics Lithuania informs that in III quarter 2015, the volume of construction work carried out in the country amounted to EUR 754.5 million at current prices. Against II quarter 2015, the volume of construction work increased by 12.6%, seasonally and working day adjusted – decreased by 4.6%. |
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