Latvia along with four other countries has taken the tenth position in the Passport Index, according to the latest survey conducted by the Canada-based global consultancy Arton Capital.

Lithuanian road haulers will in the future have to comply with the EU's new rules for working conditions and pay to workers posted abroad. Lithuania sought that the revised posted workers directive should not apply to its transport sector, but it failed to achieve this, Social Security and Labor Minister Linas Kukuraitis said after Monday's meeting of EU ministers.

Lietuvos Gelezinkeliai (Lithuanian Railways, LG), the state-run company that intends to appeal against the European Commission's (EC) fine of nearly 28 million euros, must pay the fine within three months or provide a security of an EC-accepted bank.

PKO Bank, one of Poland's largest commercial banks, is actively inquiring into the possibilities of opening operations in Lithuania.

Veolia, a French concern that withdrew from the Vilnius heating sector last spring, along with its company Vilniaus Energija (Vilnius Energy) have filed a suit against the municipality and the municipal company Vilniaus Silumos Tinklai (Vilnius Heating Network, VST) with the Stockholm arbitration.

Wizz Air, the largest low-cost airline in Central and Eastern Europe, continues to expand its flights network from Lithuania. From 27 March 2018, the airline will connect Vilnius with Athens in Greece. The flights will be organised three times per week: on Tuesdays, Thursdays, and Saturdays.

Tele2 mobile operator in Latvia closed the first nine months of 2017 with EUR 86.6 million in turnover, up 10.7% against the same period a year ago, when the company achieved EUR 78.3 million in turnover, the company’s representatives told LETA. In Lithuania, Tele2 posted 1.439 billion Swedish kronor (EUR 150 mln) in revenue in the first nine months of 2017, up by 18.3% and sales of the Estonian unit of Tele2 in the third totaled 182 million Swedish kronor or around 18.9 million euros, remaining on the same level.

Lithuania's renewable energy and high-technology company BOD Group will join a Norwegian company Saga Energy in a 2.5-billion-euro project to build solar power plants in Iran.

The Estonian company AS Ridango has won a public procurement tender to supply a novel ticketing system to the public transport system of the city of Klaipeda, Lithuania.

Lithuania's government, business representative and trade unions on October 16th signed an agreement, declaring pledges to raise wages, cut taxes on labor and encourage collective contracts.