Statistics Lithuania has reported based on preliminary data that in the second quarter of 2015 investments in tangible fixed assets in Lithuania amounted to EUR 1.4 billion and, compared with the second quarter of 2014, increased by 10%.

Statistics Lithuania has announced that at the end of the second quarter of 2015 there were 13,400 job vacancies for salaried employees.

Statistics Lithuania informs that an annual publication Statistics of Financial Enterprises 2014 has been released.

On 18 August 2015, Siauliu Bankas has received a notification from the Bank of Lithuania stating that the Board of the Bank of Lithuania passed a resolution to agree with reorganisation of the bank Finasta AB merging it with Siauliu Bankas AB by acquisition.

In July 2015, the average price for electricity in the Nord Pool Spot Lithuanian bidding area was 23% lower than at the same time last year, reaching EUR 44.3/MWh. Compared to June, the price of electricity rose by 4%, the Lithuanian electricity transmission system operator Litgrid AB reports.

Statistics Lithuania informs that in July 2015 industrial production totalled EUR 1.6 billion at current prices and, compared to June, decreased by 0.2% at constant prices, seasonally and working day adjusted –increased by 0.6%.

At the end of 2014, the assets accumulated by financial and insurance enterprises in Lithuania (except for individual enterprises) amounted to EUR 41.4 billion, or by 10.1% more than at the end of 2013. Over the year, the assets of commercial banks increased by EUR 1.2 billion, or 5%, and accounted for the largest proportion of the assets of all financial enterprises – 59.3%.

Business magazine Nordic Business Report has named Milda Darguzaite, the head of Barclays Technology Centre Lithuania, among top 20 women in business in Northern Europe.

On 18 August 2015, Siauliu Bankas has received a notification from the Bank of Lithuania stating that the Board of the Bank of Lithuania passed a resolution to agree with reorganisation of the bank Finasta AB merging it with Siauliu Bankas AB by acquisition.

Since 2010, Lithuanians have incurred EUR 3 million in damages due to storms. This is by 75% more compared to 2005-2009, the analysis carried out by insurance company Lietuvos Draudimas has revealed.