Senukai, the largest building and home improvement supplies chain in the Baltics, is taking over the management of K-Rauta stores in Latvia and Estonia from its shareholder, the Finnish Kesko group.

Lithuania's Butinge crude terminal handled 7.292 million tons of oil during the ten months through October 2015, up 23% from 5.928 million tons in the same period last year.

SEB Bank economists believe there is no reason to downgrade Lithuania's GDP growth forecast in 2015. They say Lithuania's GDP will grow by 1.8% in 2015, 2.8% in 2016 and 3.2% in 2017. In the third quarter of 2015 year-on-year, the country's GDP grew by 1.8%.

The result of energy company AB Kauno Energija activities of the 9 months of the year 2015 according to International accounting standards is profit (before taxes) in amount of EUR 2.280 million (9 months of the year 2014 is loss in amount of EUR 1.426 million), turnover from sales is EUR 41.856 million (9 months of the year 2014 – EUR 50.711 million), AB Kauno Energija said in a statement.

Rent allowance in Lithuania will become more accessible and attractive. From 1 November 2015, the basic coefficient for a partial compensation for rent or lease of accommodation will be raised from 1 to 1.6. As a result, rent allowance will increase by 60%.

Statistics Lithuania informs that in III quarter 2015, country's gross domestic product (GDP), estimated based on available statistical data and econometric models, amounted to EUR 10 002.9 million at current prices. Compared to the same period of 2014, the real GDP change stood at 1.8% (seasonally and working day unadjusted – 1.8%).

The Lithuanian Government has allocated to the Ministry of Environment additional EUR 5.8 million for the housing renovation programme.

The Ministry of Social Security and Labour in Lithuania has registered draft resolutions of the Government proposing to raise pensions from 1 January 2016.

Statistics Lithuania informs that, based on provisional data, in September 2015, the turnover (VAT excluded) of enterprises engaged in wholesale and retail trade and repair of motor vehicles and motorcycles amounted to EUR 220.7 million.

On October 26th 2015, at a meeting of the Government, Lithuanian Economy Minister Evaldas Gustas introduced revised most promising export markets.