Lithuanian President Gitanas Nauseda signed the 2021 budget bill with a deficit target of 7% of GDP into law on December 29th.

Up to two tons of crude oil spilled on Monday from the loading buoy at the Butinge oil terminal of the Polish-owned Lithuanian oil refining and import company Orlen Lietuva, the Environment Ministry said, based on preliminary data. No oil has been detected on the Baltic Sea coast from Sventoji to Liepaja after Monday's spill at the Butinge crude terminal, the Lithuanian unit of Poland's oil group Orlen said.

Lithuanian company Cargo Stream, developing a digital logistics management system, is expanding to France and is establishing a joint enterprise in the port of Dunkerque with local investors.

LTG Infra, the infrastructure subsidiary of Lietuvos Gelezinkeliai (Lithuanian Railways, LTG), has took over the ownership of land necessary for the construction of the European-gauge railway Rail Baltica's stretch from Kaunas to the border with Latvia.

Eften Real Estate Fund 4 has acquired in Lithuania SBA logistics and production site, in the proximity of Klaipeda Sea Port; the deal value is 28.6 mlnn euros and it was financed by Luminor, informed funds representative.

Lithuania's wholesale electricity prices edged down by 1 percent on average last week compared to a two week ago and remain at a stable high level.

An important stage of aerodrome reconstruction works has been completed at Vilnius Airport with two aircraft taxiways located in the southern part of the airport being modernised. After completing the project, the airport will have enhanced operational safety, also allowing it to handle aircraft quicker and ‘greener’.

A fifth ship-to-shore container crane has been delivered to Klaipedos Smelte, one of the biggest stevedoring companies in the Lithuanian port of Klaipeda, owned by international container terminal operator Terminal Investment.

Residential property prices in Lithuania edged up by 0.4% in the third quarter of 2020 compared to the second quarter, Statistics Lithuania said on Friday.

A new LNG shipment from the United States is heading to the Klaipeda-based LNG terminal in Lithuania, marking a fifth such delivery in the new gas year that started in October.