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.

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.