In February 2015, Lithuania's Klaipedos Nafta reloaded 515,000 tons of petroleum products into its storage tanks of oil terminal and Subacius fuel base (SFB), i.e. by 18.9% more compared to February 2014, when 433,000 tons were reloaded.

Statistics Lithuania informs that an annual publication Investment in Tangible Fixed Assets and Construction 2014 has been released. The publication provides the main statistical information on investment in tangible and intangible fixed assets, construction work carried out by cons¬truc¬tion enterprises, building permits issued and residential and non-residential building construction.

The newly formed portfolio of provisions determined that Medicinos Bankas suffered a loss in 2014, despite stable banking activities in Lithuania. Last year the bank earned EUR 7.6 million in unaudited net profit, excluding the impairment loss on loans and investment property.

Doors of the Bosnia and Herzegovina market have been opened to Lithuanian beef and its products.

Based on preliminary data, Klaipeda Seaport cargo handling turnover in February amounted to 2.95 million tonnes. This is the second best result achieved in the month of February in the history of the port.

In February 2015, compared to February 2014, the number of bankruptcies in Lithuania grew by 30%. Retails businesses gained the bankruptcy status more often than any other companies.

The retail turnover (including VAT) of the Lithuanian Apranga Group amounted to EUR 12.5 million in February 2015, and has increased by12.9% in comparison to February 2014, the Group said in a statement.

Statistics Lithuania informs that, according to the revised data, in IV quarter 2014, GDP at current prices amounted to EUR 9 259.6 million (LTL 31 971.7 million). Compared to the same period in 2013, real GDP growth, seasonally and working day adjusted, stood at 2.5%, compared to III quarter 2014 – at 0.6%.

Statistics Lithuania informs that in January 2015, compared to December 2014, construction input prices decreased by 0.7%. The change was mainly influenced by a 2.3 decrease in wages and salaries, conditioned, in turn, by smaller lump sums, bonuses and premiums.

Natural gas supply and trading company LITGAS has established ties with the United States companies. In Houston LITGAS signed a memorandum of understanding with Delfin LNG LLC, which will implement the first offshore floating liquefaction project in the US.