According to preliminary data, unaudited net profit earned over three quarters of 2015 by AB SEB Bankas and AB SEB Bankas Group in Lithuania was, respectively, EUR 50.6 million and EUR 46.8 million.

In the third quarter of 2015, petroleum refining company Orlen Lietuva posted EBITDA LIFO (earnings before interest, taxes, depreciation, and amortisation, last in, first out) of USD 29 million (EUR 25.6 million). Orlen Lietuva capacity utilisation increased by 8 percentage points year-on-year, while sales volume grew by 2% year-on-year.

Statistics Lithuania informs that in September 2015 industrial production totalled EUR 1.5 billion at current prices and, compared to August, increased by 1.7% at constant prices, seasonally and working day adjusted – decreased by 2.3%.

On October 20th after submission, members of Lithuania's parliament approved the draft budget of the Compulsory Health Insurance Fund (PSDF) for 2016. The budget will amount to EUR 1.44 billion.

The profit of Siauliu Bankas Group increased over the first nine months of the year. The Group earned an unaudited net profit of EUR 17.2 million – i.e. 69% more than in the same period of the last year (EUR 10.2 million). The net profit of Siauliu Bankas amounted to EUR 16.6 million and increased by 74% in comparison to the first three quarters of the previous year when the bank earned EUR 9.5 million.

On 15 October 2015, Lithuania issued EUR 1.5 billion dual-tranche Eurobond (EUR 750 million each). Experts note that this is the biggest amount borrowed by Lithuania for the longest term and under the cheapest interest rate.

In 2014, 27.3% of Lithuania's population or 800,000 people were at risk of poverty or social exclusion, in comparison with 28.3% (910,000) in 2008, Eurostat, the statistical office of the European Union (EU), reports.

France's Teleperformance, the worldwide leader in outsourced multichannel customer experience management, is planning to open its first service centre in Lithuania. The company will create over 2,000 new jobs.

On October 16th, nearly EUR 300 million worth Rail Baltica line from Poland to Kaunas, Lithuania was officially opened, however, it is hard to say when passengers can actually use it.

Swedbank Group was recognised as the Most Valuable Enterprise in the Baltics in 2015. The Group's value in a year grew by 22% and amounted to EUR 3.9 billion. The results were announced in Riga where the TOP10 most valuable companies in the Baltic States were presented.