A record transaction in the biofuel auction took place at the Lithuanian energy exchange Baltpool. The transaction of 780 tonnes of oil equivalent (toe) highest quality biofuel worth LTL 0.5 million (EUR 0.29 million) was registered in Vilnius County.

The use of highly polluting fuels, such as coal and oil, will have to be substantially reduced if the EU is to meet its long–term goal of reducing greenhouse gas emissions by at least 80% by 2050. But how much energy does the EU produce today?

On Wednesday 14^th August, President Dalia Grybauskaitė participated in the opening of an IKEA store in Vilnius, the first such in the Baltic States. The President welcomed one of the world's biggest chain shopping centers on opening its doors in Lithuania whose economy is growing as a result of smart business and diligent people.

Today world's leading furniture maker IKEA opens its first store store in the Baltic States in Vilnius. It is predicted, that the President of the Republic of Lithuania Dalia Grybauskaitė will make a speech during the opening ceremony

After a month of operation, "Air Lituanica" is ready to open a new route. The Lithuanian air carrier has opened its third direct flight route, linking Vilnius with Berlin's Tegel airport.

According to the data presented by the Lithuania's Labour Exchange, the level of the unemployment decreased, while the number of the graduates applying for a job increased.

This year the real estate market has not closed for holiday: after a short break in June, apartment sales increased again in July, in addition, unprecedented increase in apartment trade was registered in Palanga Town Municipality, reported LETA/ELTA.

The budget of the European Union (EU) loses about EUR 280,000,000 per year because of fraud affecting financial interests of the EU. If the proposal to establish the European Public Prosecutor's Office is approved, this body shall be given the mandate to effectively preclude the illegal use of the EU budget funds and further fraud.

The total throughput of Klaipėda Port and in Būtingė terminal within the period of January - June of 2013 totalled 21.7 mln. tn of seaborne cargo, the total change of cargo handling turnover was +6.8 pct. if to compare with the corresponding period of 2012. The cargo handling turnover in Klaipėda Port within the analysed period reached 17.2 mln. tn, the year-on-year change was +2.3 pct. or +390.2 thous. tn, meanwhile 4.3 mln. tn of cargo were handled at Butingės terminal, the year-on-year change being +29.0 pct. or +988.5 thous tn.