The Kairos, one of the world's largest LNG bunker vessels, on Tuesday is expected to arrive in Klaipeda for the first time after Klaipedos Nafta sold its stake in the ship's owner to Germany's Nauticor.

Italy's Etea Group is planning to build a facility in Lithuania's northern city of Panevezys to produce ethyl alcohol from residual materials from wheat processing.

Online second-hand clothing marketplace Vinted has raised 128 mln euros in a funding round, making it Lithuania's first "unicorn", a startup company valued at over 1 bn euros.

On Friday, oil and LNG terminal operator KN entered into a strategic partnership agreement with Polish Oil and Gas Company PGNiG, for which LNG reloading station capacity has been reserved for five years. PGNiG will start commercial operation of the LNG reloading station from April 2020.

Apollo Group OU, the biggest entertainment provider in Estonia, is to open over 20 more Kentucky Fried Chicken (KFC) restaurants in the Baltic countries in the next three years and KFC will also be added to Apollo Group's loyalty program.

Delano, the operator of over 50 food service outlets, plans to open five new cafes and three restaurants in 2020 and aims to grow revenue by more than 8% next year.

German electronic component producer Leesys plans to establish a production, repair and technical maintenance division at the Panevezys Free Economic Zone in northern Lithuania.

Novaturas' largest shareholder, Central European Tour Operator, has decided to sell a part of its shareholding in Lithuania's biggest tour operator.

A new small cargo of liquefied natural gas (LNG) from Russia's Novatek is expected to come to Klaipeda on Tuesday, marking the seventh such delivery in the new gas year that started in early October.

Itella Logistics, a company controlled by Finland's state-owned Posti Group, is planning to expand its operations in Lithuania.