Poland's electricity trade, railway maintenance and engineering company PKP Energetyka that recently established a subsidiary, Railen Baltics, in Lithuania intends to join railway electrification and European-gauge Rail Baltica railway construction projects.

A Polish subsidiary of the Estonian state-owned energy group Eesti Energia signed an energy purchase agreement with the Gewind wind farm to sell electricity produced in the wind farm to its business customers.

EU energy ministers have agreed that the legislation of the bloc and its member states, including environmental and safety policies, should also apply to EU internal electricity market participants from third countries, a move of particular importance for Lithuania, which has decided to restrict power imports from Belarus' Astravyets nuclear power plant and calls on all EU countries to support this initiative.

BaltCap, the largest Baltic private equity and venture capital fund manager, is investing in biogas plants in Latvia.

During this time of faith may the true meaning of Christmas fill you with joy.

May the silent night and the joy of being together unite us all into one big family.

Happy Christmas Eve and Merry Christmas!

Blessed New Year full of new aims and successes. All the best for our readers!

L24.lt Team

Lithuania has lost its position as a leader in absorbing EU money as it has spent less than a third of all planned EU funds since the start of this year and less than a sixth since the beginning of the current financing period, the business daily Verslo Zinios reported on Friday.

Resident doctors' salaries in Lithuania will be raised by 10% starting in January2018.

Travel, shop, watch and call throughout the EU with no barriers and no additional costs. This is what the EU's internal market is all about and what Parliament is fighting for.

The Estonian company Eesti Gaas has signed a contract with Klaipedos Nafta, the company operating a terminal for liquefied natural gas (LNG) in Klaipeda, Lithuania, on deliveries of LNG from Lithuania.

The Commission is proposing to ban seven new psychoactive substances (NPS) across the European Union, in addition to nine others banned previously this year.