Lithuanian-owned Publicum Group and Estonian-owned Idea Group have merged to create the Baltics' largest communications group and have sold a majority stake to Havas, a company of the global communications group Vivendi. The merged group will operate under the name of Havas.

Swedbank was the number-one bank in Lithuania by assets and deposits in late September and SEB Bankas led the market in terms of loans, consolidated figures from the central Bank of Lithuania showed on Friday.

New car sales in Lithuania grew at the fastest rate in the European Union in the eleven months of this year, according to figures from the European Automobile Manufacturers' Association (ACEA).

The Lithuanian and Estonian units of the infrastructure project company YIT Infra, which is part of Finland's construction group YIT, have won a contract to upgrade the first 4-kilometer section of the Soviet-built Vilnius-Utena highway.

UK-based financial technology startup Revolut has obtained a specialized bank license in Lithuania that will allow it, among other things, to provide loans and accept deposits.

A new LNG shipment, meant for Litgas, is scheduled to arrive in Lithuania's port of Klaipeda on Wednesday. It will be a 12th shipment this year.

Vilnius, which is titled one of the most magical Christmas cities in Europe, introduced a 5-week winter holiday programme, as impressive and full of miracles and surprises as always. So what magic can residents and guests of the city expect this year in the Christmas capital?

The latest Survey of Households commissioned by the Bank of Lithuania revealed that, despite their improving financial health, a large number of families would still like to earn at least 400 EUR more to be satisfied with their living conditions in Lithuania.

MG Baltic-controlled Apranga, the biggest clothing retail group in the Baltics, ties next year's revenue growth plans to investment in the renewal and development of its chain.

The child benefit will go up from 30 to 50 euros from next year in Lithuania, the country's parliament decided on Thursday.