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Indexo plans to acquire the pension management company Vairo

The financial services group Indexo has reached an agreement with the pension management company Vairo on a share purchase transaction, according to an announcement to the Nasdaq Riga Stock Exchange. [..]

Human rights violations in Dubai, Central African Republic and Syria

On Thursday, Parliament adopted three emergency resolutions, on Dubai, the Central African Republic, and Syria. Ryan Cornelius’ case in Dubai Parliament calls for the immediate and unconditional release of Ryan [..]

Polish checks result in 7-kilometre tailback at border with Germany

Polish border checks were causing a tailback on the German side of the border stretching for 7 kilometres near the city of Frankfurt an der Oder, German police reported on [..]

Finland also looking at scope for prison rental agreement with Estonia

Finland’s justice ministry is weighing up a prison rental agreement with Estonia similar to the deal made between Estonia and Sweden last month, Helsingin Sanomat reported. Finland says all of [..]

New apartment block in Saliena, Turaidas Street is being developed with EUR 3.1 million financing from Signet Bank

A residential quarter with a park – the low-rise residential complex ParkLife Apartments – is being actively developed in Saliena, Turaida Street, and Latvia’s leading investment bank Signet Bank has [..]

Lithuanian leaders taken to shelters due to airspace violation by Belarus

Lithuanian Prime Minister Gintautas Paluckas and Seimas Speaker Saulius Skvernelis were taken to shelters on Thursday following a violation of Lithuanian airspace from Belarus. Initial reports suggested that a Shahed [..]

Germany’s Merz “cautiously optimistic” over EU-US tariff agreement

German Chancellor Friedrich Merz on Wednesday expressed confidence that an agreement will soon be reached in the US-EU tariff dispute, days after US President Donald Trump extended his deadline for [..]

International Civil Aviation Organization tells Russia to stop GNSS interference

The Council of the International Civil Aviation Organization (ICAO) is calling on Russia to cease interference with Global Navigation Satellite System (GNSS) signals, which have affected aircraft, ships and drones [..]

Bite Latvija plans to install 60 new base stations and upgrade 210 existing ones this year

Information and communication technology services provider Bite Latvija plans to install 60 new base stations and upgrade 210 existing ones this year. By the end of 2025, the company aims [..]

Ignitis Group CEO: Lithuania could have its first Baltic Sea wind farm by 2031 – 2033

Lithuania may have its first offshore wind farm in the Baltic Sea between 2031 and 2033, according to Darius Maikštėnas, CEO of the state-controlled energy company Ignitis Group. “One [farm] [..]

Tartu open-air film festival to show classic movies about love this August

This August sees the 20th edition of Tartu’s open-air film festival “Tartuff.” Over the course of 6 days, 10 movies will be shown in Tartu Town Hall Square (Raekoja Plats) [..]

Lithuanian PM: Honorary consuls should actively help attract foreign specialists

Honorary consuls should play an active role in attracting investment and skilled workers from Asian, Latin American, and African markets, Lithuanian Prime Minister Gintautas Paluckas told the country’s diplomats on [..]

European Commission adopts objectives for the completion of Rail Baltica

The European Commission adopted an implementing decision on Wednesday, outlining the key milestones and deadlines for the completion of the cross-border infrastructure flagship project, Rail Baltica. The decision, unanimously supported [..]

More international students choosing Estonia for university

This fall, more international students are expected to begin studies at Estonian universities than in recent years, with the largest numbers coming from Azerbaijan and Ukraine and strong interest in [..]

China rejects German accusation over laser aimed at military aircraft

By Johannes Neudecker and Axel Hofmann, dpa. Beijing on Wednesday rejected the German government’s allegation that a Chinese vessel had aimed a laser at a military jet over the Red [..]

Estonian scale-up Bolt reaches €2B in turnover

Record-breaking year for Estonian unicorn Bolt: €2B revenue, now covering more than 50 countries and 600 cities. The post Estonian scale-up Bolt reaches €2B in turnover appeared first on Invest [..]

Signet Bank Group closes Q1 with strong loan portfolio and profit growth

Signet Bank Group (hereinafter – the Group) reported strong financial results in the first quarter of 2025. The Group’s loan portfolio grew by 16% to EUR 243 million compared to [..]

Low-cost flights from Germany are getting more expensive

By Christian Ebner, dpa. Air travel from German airports is becoming significantly more expensive due to a continuing shortage of flights, high taxes and fees, according to a price analysis [..]

Consumer confidence gap between rich and poor wider than ever in Estonia

According to the Estonian Institute of Economic Research, Estonia’s economic situation has improved somewhat, however, the gap between the confidence of the country’s richest and poorest consumers has never been [..]

Alleged Estonian human trafficker detained at Lithuanian border after Poland boosts checks

An Estonian citizen allegedly transporting migrants who entered the EU illegally via Belarus was detained on the Poland–Lithuania border on Monday by Polish border guards. Poland introduced additional checks on [..]

Tallinn’s reunited coalition to abolish kindergarten fees from September

According to Mayor Jevgeni Ossinovski, during its meeting on Monday, Tallinn City Government decided to send a draft decree to the city council for approval, which would abolish attendance fees [..]

Atlas Aerospace unveils tactical drone alternative to DJI Mavic amid rising demand for European defense tech

By Viesturs Deksnis. For the first time, Riga hosted the international Drone Summit 2025, a landmark event uniting global leaders in unmanned aerial systems to explore the future of drone [..]

Germany’s Steinmeier to attend national day celebrations in Lithuania

German President Frank-Walter Steinmeier is to visit Lithuania on Sunday to take part in national day celebrations in the capital Vilnius. German President Frank-Walter Steinmeier is to visit Lithuania on [..]

Survey: 14% of people in Latvia plan to spend €501 – €1,000 on travel this year

14 percent of people in Latvia are planning to spend between EUR 501 and EUR 1,000 on travel abroad or within the country this year, according to a survey commissioned [..]

Poland to impose border checks at 13 points on Lithuanian border

As Poland steps up border checks with Lithuania starting next week, travelers entering Poland will be subject to controls at 13 checkpoints, the State Border Guard Service (SBGS) said on [..]

PPA: Helicopter crashes into sea near Estonia’s Saaremaa island

A helicopter crashed into the sea off the Estonian coast on Sunday morning. The Police and Border Guard Board (PPA) said there were no casualties. The PPA was notified of [..]

German-Polish border towns warn of escalating tensions over controls

The German border city of Frankfurt an der Oder and its Polish neighbour Słubice have expressed concern over escalating tensions between Berlin and Warsaw on migration policy. “An escalation between [..]

Germany is 50% on the way to its 2030 solar energy goal

By Christof Rührmair, dpa. Germany has reached the halfway point in its plan to expand solar energy by 2030, the German Solar Industry Association (BSW-Solar) said. The industry lobby group [..]

Preparations begin for environmental impact assessment of Estonia–Latvia submarine cable

Estonia’s transmission system operator, Elering, has submitted the Environmental Impact Assessment (EIA) program for the planned marine section of the Estonia–Latvia electricity interconnection to the Estonian Consumer Protection and Technical [..]

Fifth Estonian volunteer soldier killed in Ukraine

An Estonian volunteer fighting in Ukraine’s 3rd Assault Brigade was killed in action last week near Borova in Kharkiv region, his unit confirmed Thursday. Alo Klaassepp, 25, was killed on [..]

Experts overlook the purpose of Lithuania’s tax reform, highlight risks to personal income tax collection

With Lithuania’s Finance Ministry forecasting that the latest tax reform will contribute around 340 million euros to the Defense Fund next year and more than 500 million euros annually in [..]

Business in a time of change: how automation becomes a growth strategy

Have you ever looked at your operating costs and thought, “We’re squeezing every drop we can. What else is left?” For many transport-heavy or reliant businesses, that moment has already [..]

DAN AIR introduces connection from BER to Bucharest

The Romanian airline DAN AIR is connecting BER and Bucharest with immediate effect. The airline flies twice a week, Tuesdays and Fridays, from the capital region to the Romanian capital, [..]

Signet Bank grants €2.6 million in funding to AJ Power Corporate Group for energy storage technology development

Signet Bank has provided €2.6 million in funding to AJ Power Corporate Group, one of the leading private capital groups in Latvia, operating in the energy and waste management sectors. [..]

Latvia offers Estonia stake in airBaltic matching terms offered to Lufthansa

The Estonian government will on Thursday begin discussions on a proposal from Latvia’s Ministry of Transport to acquire a stake in the airline airBaltic. Both Estonia and Lithuania are expected [..]

Tsahkna to his Israeli counterpart: opening an embassy in Tallinn takes Estonian-Israeli relations to a new level

Today, 2 July, Foreign Minister Margus Tsahkna met in Tallinn with Israeli Foreign Minister Gideon Sa’ar, who is on his first visit to Estonia, discussing bilateral relations, the global security [..]

Hanner and BaltCap complete transaction to take over national stadium project in Vilnius

Lithuanian real estate development company Hanner, which is taking over the national stadium project in Vilnius, and investment company BaltCap have completed the transaction to acquire the shares of the [..]

Hepsor to invest EUR 15 million in the construction of the 13-storey residential building 360° Dzelzavas Residences

Estonian real estate developer Hepsor will invest EUR 15 million in the construction of a 13-storey residential building, 360° Dzelzavas Residences, on Dzelzavas Street in the Purvciems neighborhood, Hepsor informed [..]

German defence contractors report overflowing orders as wars rage

By Wolf von Dewitz, dpa. With wars raging in the Ukraine and elsewhere, orders for equipment from German defence contractors are overflowing, with many companies planning to substantially expand their [..]

‘Master Chef Estonia’ winner starts petition for lower VAT on food

Jana Guzanova, winner of the first season of “MasterChef Estonia,” has launched a public initiative aimed at drawing politicians’ attention to the absurd rise in food prices — a trend [..]

Justice chancellor: State agencies can access banking secrets without rules

The Office of the Chancellor of Justice Ülle Madise has found that government agencies have been accessing account holders’ banking information through the enforcement register without a proper legal basis. [..]

Finance minister: Talking about rising prices as foolish as cursing bad weather

Prices are not under government control, nor can the government cause or contain inflation, Finance Minister Jürgen Ligi (Reform) told ERR as a response to the latest inflation figures. Finance [..]

Tallinn named world’s best city for start-ups

Tallinn has been named the world’s best city for start-ups in the… [..]

Oil Recovery wins three-year public tender for ship-generated waste management at the Port of Riga

Oil Recovery, a subsidiary of Eco Baltia, has won a public procurement tender announced by the Riga Freeport Authority for the provision of ship-generated waste and polluted water reception and [..]

U.S. fintech giant Robinhood establishes its first European cryptocurrency hub in Lithuania

“In Europe, Robinhood has launched a dedicated cryptocurrency trading platform through its Lithuania-based entity, Robinhood Europe, marking a significant milestone in the company’s global growth strategy,” Investuok Lietuvoje (Invest Lithuania), [..]

Eleven lighthouses in Estonia to open doors for free on July 1

July 1 marks the eighth annual celebration of the World Day of Marine Aids to Navigation. In Estonia, visiting 11 lighthouses on this day is traditionally free of charge. Last [..]

Flights between Vilnius and Tel Aviv partially resumed

One of the three regular flights between Vilnius and Tel Aviv was resumed on Sunday night after the military conflict between Israel and Iran ended with a ceasefire, Lithuanian Airports [..]

Swedbank and EIF to lend up to EUR 300 million to Baltic businesses and individuals

Swedbank, one of the largest commercial banks in Lithuania, and the European Investment Fund (EIF) will jointly provide up to EUR 300 million in loans to businesses and residents across [..]

Ott Tänak takes first rally win of the season in Greece

Estonians Ott Tänak and Martin Järveoja (Hyundai) won the seventh round of the World Rally Championship season, held on the roads of Greece, finishing 32.8 seconds ahead of second-place Sébastien [..]

Volkswagen to increase stake in US electric carmaker Rivian

German car giant Volkswagen is set to increase its stake in electric vehicle maker Rivian with a planned second payment of $1 billion due this Monday, after the US-based company [..]