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CORPORATE

Russian crisis knocked 2.6% off Lithuania’s economic growth

If not for the impact of the economic crisis in Russia, Lithuania’s economy would have grown by 4.2% rather than 1.6% last year, according to Nordea bank economists. […]

Economy

Lithuania’s economic growth revised down for last quarter

Lithuania’s economic growth was lower than initially estimated in the final quarter of 2015, the latest figures from Statistics Lithuania showed on Monday. […]

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Economy

Lithuanian economy to bounce back with 2.9% growth in 2016, says EC

The European Commission is predicting that the Lithuanian economy will grow by 2.9% this year following a lacklustre performance in 2015. […]

Panel disussion at the  Estonian Chamber of Commerce in Vilnius
Economy

Mergers & acquisitions in Lithuania at slow pace in 2015

Global M&A activity grew to record levels in 2015, fuelled by some mega mergers in the pharmaceutical, energy and consumer industries. Lithuania bucked the trend with less consolidation and acquisitions than in the previous year and stood out as the least active in the corporate bond market. The findings on global and regional performance were presented by several industry experts at an event of the Estonian Chamber of Commerce on Wednesday. […]

Household consumption prevented a potential recession
Economy

Lithuania’s economy to ride out global turmoil in 2016

Lithuania’s economy will grow by 2.8% in 2015 despite a range of headwinds, driven on by increased consumer spending, low oil prices and a recovering Eurozone, according to SEB Bank’s latest projections. […]