Agricultural produce purchase prices in Lithuania declined by 6.9% in July year-on-year, Statistics Lithuania said on Thursday.

China has approved a list of 16 Lithuanian dairy processing companies allowed to export their products to the huge market, says Lithuania's Ambassador to China Ina Marciulionyte.

Sanatoriums in Lithuania are again hosting growing numbers of guests from Russia, with more clients coming from other important foreign markets, therefore, some of the sanatoriums expect a two-digit increase in 2016 revenue.

Gardeners in Lithuania feel being mistreated by the state, as their crops cannot compete with imported apples on legal terms.

Minijos Nafta, one of Lithuania's largest oil extraction companies, posted a loss of over 10 mln euros in 2015 due to a decline in global crude prices. The company is this year halting oil extraction in some of the deposits, reducing staff numbers and shortening the working week.

Crowdestate.eu, the leading Nordic real estate crowdfunding platform, will publish its first Latvian investment opportunity on Friday morning. A 2 - year subordinated loan will be paying 15% annual interest to its investors.

Kuzbasskaya Toplivnaya Company, one of Russia's largest coal exporters, has started hauling crude to Poland via Lithuania. By the end of this year, up to 250,000 tons of coal should be transported via Lithuania by rail.

Over past six months roughly 200 combat and medlift Mercedes-Benz GD vehicles, trucks, and other military vehicles were brought from the Netherlands to Lithuania to supplement and update the fleet of the Lithuanian Armed Forces. On August 18 a meeting of Minister of National Defence Juozas Olekas and Ambassador of the Kingdom of the Netherlands in Lithuania HE Bert van der Lingen will take place in Kaunas to celebrate the successful defence cooperation between the new countries.

Lithuanian mobile market leader Tele2 together with leading global telecommunications equipment company Nokia brought 5G-ready technology to the Baltics for the first time. 4.3 Gigabit per second mobile internet speed were reached in this pre-standard 5G demonstration, using commercially available Nokia equipment.

The private company AS Edelaraudtee that discontinued operating domestic non-electric passenger train services in Estonia in 2014 has sold one of its old diesel trains to a Lithuanian company that is about to deliver it to a buyer in Tajikistan.