Lithuania's National Audit Office has completed the 2014 financial (regularity) audit of the State Treasury, a system managed by the Ministry of Finance that includes the state financial resources, their management, control and accountability.

According to the data of the Ministry of Finance, the central government deficit in Lithuania in January-July 2015 stood at EUR 147.1 million and accounted for 0.39% of the projected GDP in 2015.

Self-service parcel terminals LP EXPRESS 24 usage continues to grow rapidly in Lithuania. Only this year (from January to July 2015), demand for self-service parcel terminals LP EXPRESS 24 has doubled compared with 2014.

Income of the state company Lithuanian Shipping Company (LSC) during January – July of 2015 was EUR 7.4 million (in H1 0f 2014 – EUR 10.6 million) and has decreased by 31%.

The Norwegian company CSUB (former Sorkomp), which works with oil and gas technologies, is launching a production division in Klaipeda. In the short run, CSUB LT plans to create 50 new jobs for engineers, welders, and other specialists. The company is also considering expansion in Lithuania.

In the second quarter of 2015, more than a third of credit unions in Lithuania operated at a loss, thus the profit of the credit unions sector for the half-year dropped to EUR 0.1 million (down from EUR 2.1 million in profit in the same period in 2014).

Statistics Lithuania informs that, based on provisional data, in July 2015, the turnover (VAT excluded) of retail trade enterprises* amounted to EUR 816.7 million; against June 2015, it increased by 5.9% at constant prices (seasonally and working day adjusted – remained unchanged).

In the second quarter of the year 2015, Lithuanian payment institutions strengthened their positions both in the cash payments market and electronic payments market by taking over an increasingly larger share of them from commercial banks.

United States officials have confirmed on the phone to the agriculture minister that Lithuania will receive permits to export meat products across the Atlantic.

Falling stocks in China and other emerging markets will not have a major direct impact on Lithuania, whose export to India, China and the Southeast Asia amounts to less than 1% of the total export. What will pose more problems is the decreasing purchasing power in Russia and other countries of the Commonwealth of Independent States.