Insurance company Ergo operated with a profit of EUR 3.43 million in the Baltic countries during the first six months of this year, which is approximately 38% more than in the first half of 2016.

The overall passenger traffic in Lithuania declined by 0.7% in the first half of 2017 from a year ago to 195.732 million, according to estimates released by the country's statistics office on August 22nd.

The challenge of the reconstruction of the runway at Vilnius Airport was successfully overcome. During the reconstructed runway opening ceremony that took place on Thursday in the afternoon, the red ribbon was cut and the completion of the works on time was celebrated. On Friday, most flights will return to Vilnius from Kaunas after a break of 35 days.

Lithuanian border guards have uncovered an illegal channel for Tajik nationals into Lithuania and have found that the alleged organizers and perpetrators of the trafficking of migrants also forged documents for arriving foreigners.

Renerga, a renewable energy arm of Achemos Grupe (Achema Group), one of Lithuania's largest business groups, plans to boost wind energy generation, the daily Lietuvos Zinios reported on Thursday.

Evaldas Rimasauskas, a Lithuanian national accused of defrauding the US-based IT giants Facebook and Google of over 100 million US dollars via an email fraud scheme, on August 16th was turned over to American officials.

Vilnius, 14 August: Wizz Air, the largest low-cost airline in Central and Eastern Europe, today announced a new sunny route from Vilnius to Agadir in Morocco. The new service will commence on 1 November and will be operated weekly during the winter season. Seats on the new route can be booked at wizzair.com or via the free WIZZ mobile app from only €34.99*, which includes a free hand luggage allowance of up to 55x40x23cm maximum dimensions.

The IT Channel Company, a Dutch IT group, is seeking to buy a 23% stake in the IT company 1ClickFactory from Volternas, a Lithuanian firm controlled by the Milaknis family, and the Danish investment firm Sfink Invest.

Statistics Lithuania informs that in II quarter 2017, against II quarter 2016, based on the data from the Building Permits and State Construction Supervision Information System of the Republic of Lithuania (IS) Infostatyba, the number of building permits issued increased by 5.3%, of which for the construction of residential buildings – by 3.4%.