Following the decision to close down Danske Bank's banking activities in Estonia, an agreement to transfer all lending activities for business customers has been signed between the Danske Bank A/S branches in Estonia and Lithuania.

Estonia and Lithuania saw their exports grow in the first half of 2019 compared with the same period last year, while Latvia's exports remained on the level of the first half of 2018.

Novaturas, one of the largest tour operators in the Baltic states, posted 99.8 mln euros in revenue in the first seven months of this year, up 1% from the same period last year.

Lithuania's state-run railway group Lietuvos Gelezinkeliai (Lithuanian Railways) reported 2% growth in revenue for January through July 2019 amid an increase in passenger traffic and a decline in freight shipments.

Lithuania's average wholesale electricity market price fell by 2% last week to 49.8 euros per megawatt-hour (MWh), Litgrid said on Tuesday.

A new smaller cargo of liquefied natural gas (LNG) from Russia' Baltic Sea port of Vysotsk arrived in the Lithuanian port of Klaipeda on Monday. It's the Russian company's second shipment this month.

France's energy services company Idex International has registered a company in Lithuania.

Electricity market prices in the Baltic countries fell by around 9% last week but remained above the 50-euro mark.

Vilnius-based gas pipeline and engineering network construction company Alvora and Siauliu Dujotekio Statyba (Siauliai Gas Pipeline Construction) have been awarded the contract to build the Lithuanian part of the Gas Interconnector Poland-Lithuania (GIPL) for 96.6 mln euros.

The Energy Ministry said on Wednesday it has worked out a plan of actions and measures for synchronizing the Lithuanian electricity system with that of Continental Europe, in line with a synchronization law passed by the parliament in June.