Latvian Railways does not plan to go to court to seek compensation from Lietuvos Gelezinkeliai (Lithuanian Railways) for dismantling a cross-border line connecting Mazeikiai and Renge, but it expects the track to be rebuilt as soon as possible.

Lithuania may become the third country worldwide after Canada and the Netherlands to be granted a permit to export egg products to the United States, Lietuvos Rytas daily said on December 15th.

A new business-class hotel is planned next to the Vilnius International Airport, with the project to be implemented by VPH real estate development and management company operated by a Cyprus' enterprise, lawyer and hotel owner Marius Jakulis Jasonas and investment banking company Orion Securities.

Over 54,000 persons declared emigration from Lithuania in January through November 2017, which marks an increase from the same period of 2016, however, the number of immigrants also went up, Statistics Lithuania said on December 11th.

Maxima Latvija retail company is set to invest EUR 1.32 million in a new Maxima XXX hypermarket in Riga in 2018, the company’s spokeswoman Zane Udrase told.

Lithuania's state-owned energy group Lietuvos Energija (Lithuanian Energy) and Finnish-owned Fortum Heat Lietuva are launching the construction of a 150-million-euro combined heat and power (CHP) plant in Kaunas.

Akropolis Group, a Vilniaus Prekyba Group company that operates Akropolis malls in Lithuania, is borrowing 106.5 million euros from SEB Bank for the construction of an Akropole shopping center in the Latvian capital of Riga.

The Lithuanian government decided on Wednesday to turn to a EU court over a 28-million-euro fine that imposed by the European Commission on Lietuvos Gelezinkeliai (Lithuanian Railways) for hindering competition by removing a rail track to Latvia, Transport Minister Rokas Masiulis said on December 6th.

Lithuanian airports served a total of 4.835 million passengers in January through November 2017, up 9.2% from 4.428 million in the same period last year.

Lithuania's real estate market traditionally slowed down in November 2017 from October, with the decline reported in all segments. Nevertheless, more real estate units changed hands in November year-on-year, the Center of Registers said.