After three-day negotiations in Vilnius, Lithuania and Oman initialled the text of the intergovernmental agreement on investment promotion and mutual protection.

The Environment Ministry's Commission for Carbohydrate Resources' Application Tender has approved tendering conditions for shale exploration and extraction in Western Lithuania. The call for proposals should be announced already in spring 2015.

According to new data, more than 25,000 jobs are created each year by companies newly registered in Lithuania. The data, published by Creditreform Lietuva, also shows that after two years of operations this figure increases by another 60%, with some companies registering a tenfold growth in employee numbers.

On Monday, 16 March 2015, Lithuanian Minister of Economy Evaldas Gustas attended a forum titled Science and Business Partnership: Mission Possible.

The Bank of Lithuania forecasts that the domestic demand-driven Lithuanian economy will continue growing, albeit at a slower pace than previously expected. The worse outlook for the Russian economy, determined by persisting geopolitical tensions and falling oil prices, will have an essential influence on this change.

The Bank of Lithuania forecasts that the domestic demand-driven Lithuanian economy will continue growing, albeit at a slower pace than previously expected. The worse outlook for the Russian economy, determined by persisting geopolitical tensions and falling oil prices, will have an essential influence on this change, the national bank said.

In 2014, the Lithuanian concern Achema AB saw growth of its output volumes and revenues. Last year the corporate production rate increased by 14% (by 281,000 tons), compared with 2013.

Vitas Vasiliauskas, governor of the Bank of Lithuania, on March 12th announced that during the in 2014 commercial banks operating in Lithuania earned EUR 213.5 million of profit. Their profits, compared to 2013, went down by 6.2% (from EUR 227.6 million).

Although in late 2014 prices of apartments in Lithuania were rapidly growing, housing remained rather affordable due to a record-low home loans interest rate, Swedbank's housing affordability index (HAI) reveals.

Klaipeda is getting ready for the construction of the Liquefied Natural Gas (LNG) distribution station. Energy company Klaipedos Nafta announced that together with the French company Sofregaz it is entering the stage of project preparation and environmental assessment.