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A Lithuanian family sold everything and set off around the world – by boat

By Ieva Radzevičiūtė, LRT RADIJAS, LRT.lt. Emilija Malinauskaitė, together with her partner, Steve, decided to sell everything they owned on land, buy a boat, and set off to travel the [..]

Grenardi Group to open two new stores on Prague’s main shopping street

Latvia’s leading jewellery retailer, AS Grenardi Group, continues its expansion beyond the Baltic region. With an investment of nearly 3.5 million euros, the company is entering the Czech market by [..]

Finland sets out measures to attract data centres with high value added

Rapporteur Veli-Matti Mattila proposes in his report measures such as continuing electricity tax relief and streamlining permit procedures for data centres with high value added. The report proposes national objectives [..]

Tire changing season kicks into overdrive in Estonia

The first real snowfall isn’t far off and wait times at tire shops can stretch to a week. The rush to switch to winter tires will continue for several weeks. [..]

Cannabis consumption continues to rise in Germany, survey finds

Cannabis consumption in Germany has continued to increase, according to newly published survey data. Data from the 2024 Epidemiological Survey of Substance Abuse (ESA), published in the journal Deutsches Ärzteblatt [..]

US-German relations in the Trump and Merz era

By Łukasz Jasiński (Analyst on Germany in the Europe Programme and managing editor of „Polish Diplomatic Review”) & Mateusz Piotrowski (Head of the Americas Programme at the Polish Institute of [..]

Omniva reopens parcel delivery to US for business customers

Omniva has reopened parcel delivery to the United States for business customers, finally restoring all services to the U.S. “We are truly pleased that we managed to restore shipments to [..]

Poland’s best exporters awarded at PAIH Business Forum 2025

The best Polish exporters have been selected. The PAIH Export Leader awards have been given out. Awards in three categories were the key points of the Gala, which ended the [..]

Baltics, Nordics announce $500 million military aid package for Ukraine

The eight Baltic and Nordic countries will jointly fund a $500 million aid package for Ukraine, providing the country with much-needed military equipment and munitions, NATO said on Wednesday. Denmark, [..]

Lithuanian lawmakers raise alarm over security “risks” of growing migrant workforce

By Žygintas Abromaitis, LRT TV, LRT.lt. Members of the Seimas National Security and Defence Committee (NSGK) say Lithuania should tighten rules for incoming migrant workers, both on language requirements and [..]

Unplanned tax changes are harming Latvia’s international reputation and will significantly expand the shadow economy, FICIL warns

Unplanned tax changes are damaging Latvia’s international image in the eyes of investors and will significantly expand the shadow economy, according to a letter from the Foreign Investors’ Council in [..]

Russia enters Phase 0 of aggression against Europe – analyst

By Simas Prašmantas, LRT.lt. Contraband balloons disrupting the work of Lithuanian airports, the increasing number of drone incursions, and intelligence activities in NATO airspace are part of a deliberate and [..]

Coca-Cola workers in Germany secure pay rise after strikes

Coca-Cola employees in Germany will receive a pay rise and a one-off payment under a new collective agreement reached following recent walkouts. The deal was reached in collective bargaining negotiations [..]

“Unique” autonomous vehicle mobile testing lab launches in Estonia

A “unique in Europe” testing mobile lab for autonomous vehicles opened in Tallinn on Tuesday which allows companies to test self-driving vehicles in real-life situations and bring their solutions to [..]

Increasing salaries significantly reduced migration of medical professionals

Rapidly rising wages have significantly decreased the outflow of Estonian healthcare workers to Finland but have not solved the shortage completely, said Kaupo Koppel, an expert at the Foresight Center. [..]

Germany’s Finoa opens office in Vilnius to expand crypto services

By LRT.lt. German cryptocurrency custody and staking services group Finoa is opening a branch in Vilnius, the country’s investment promotion agency Invest Lithuania announced Wednesday. The new office will work [..]

Baltic finance ministers will meet in Riga at the Baltic Capital Markets Conference 2025 to discuss the role of capital markets in economic growth

On November 27, at the ATTA Centre in Riga, the Baltic Capital Markets Conference 2025 – the largest capital markets event in the Baltics – will take place for the [..]

AS CleanR Grupa bond offering significantly oversubscribed – demand more than double the target amount

AS CleanR Grupa (the Group), a group of leading companies in the environmental services sector in Latvia, has significantly exceeded the size of its bond issue during the public offering. [..]

Inbank acquires full-service car rental company Mobire Group

AS Inbank’s subsidiary AS Inbank Holdings signed an agreement to acquire an additional 33% stake in the full-service car rental company Mobire Group OÜ, adding to the 67% ownership Inbank [..]

Prime minister: What is happening in Tallinn concerns me from a security perspective

Prime Minister Kristen Michal said the Isamaa–Centre Party election alliance in Tallinn worries him from a security standpoint. He added he will not abandon his sharp tone on social media. [..]

Lithuania’s border closures backfire? Lukashenko threatens to confiscate stranded lorries

By Edvardas Špokas, LRT TV, LRT.lt. After Lithuania closed its border with Belarus in response to what it called a hybrid attack, thousands of lorries ended up stuck on the [..]

6,500 third country nationals issued short-term work permits in Estonia in 2025

About 6,500 people from non-EU countries have come to work in Estonia this year, mostly Ukrainians, Moldovans, and Uzbeks with short-term permits. The largest number of short-term work permits in [..]

Last Hamas hostage with German nationality buried in Tel Aviv

By Sara Lemel, dpa. Tel Aviv (dpa) – The last hostage held by the Palestinian militant organization Hamas who also held German nationality has been buried in Israel. Thousands of [..]

The development of the Baltic capital market as a driving force of economic growth – Baltic Capital Markets Conference 2025 to take place in Riga

On November 27, at ATTA Centre in Riga, the largest capital market event in the Baltics – Baltic Capital Markets Conference 2025 – will take place for the fourth year [..]

October in European tech venture: scaling trends, emerging patterns

Every month, Zubr Capital publishes a report on the European venture capital industry, examining everything from surface-level developments to emerging trends and maturing signals. October was a month of scaling: [..]

Topping-out ceremony held for the second “Duck Republik” student residence in Riga

The topping-out ceremony was celebrated at the construction site of the second “Duck Republik” student residence on Slokas iela 51 in Riga, marking the completion of the building’s highest roof [..]

EU’s new visa rules for Russians: restrictions and exceptions

By Evaldas Labanauskas, LRT.lt. The European Commission announced Friday that it is tightening the rules for issuing Schengen visas to Russian citizens, eliminating the option for multiple-entry visas in response [..]

Lithuanian law enforcement unions decry stagnant pay amid military spending surge

By Justina Ilkevičiūtė, Enrika Gecaitė, LRT TV, LRT.lt. Unions representing police officers, border guards, firefighters, and other uniformed personnel are calling on the government to honour its earlier pledge to [..]

Eesti Energia profit €54 million so far this year

Eesti Energia posted €1.2 billion in revenue and €54 million in normalized net profit for the first nine months; Q3 brought a €61 million normalized net loss. Eesti Energia said [..]

Tallinna FC Flora beat rivals Levadia to Estonian premier league title

Meistriliiiga side Tallinna FC Flora won its 16th league title on Saturday after beating Pärnu Vaprus 3:0 away on the last day of the season. Flora beat out arch-rivals FCI [..]

Nokia and LMT sign strategic deal to develop tactical defense solution for Baltics

Latvia’s mobile operator Latvijas Mobilais Telefons (LMT) and Finnish telecommunications company Nokia have signed a strategic agreement to integrate Nokia’s cutting-edge 5G radio technology with LMT’s proven defense solutions, LETA [..]

Migrants in Lithuania face discrimination, language barriers as state support stays short

By Arnas Ališauskas, LRT.lt. Lithuania should continue to promote an active migration policy by attracting much-needed foreign workers, according to a recent report by the International Monetary Fund (IMF) on [..]

Estonia’s new UK ambassador presents credentials to King Charles III

On November 6, Estonian Ambassador to the United Kingdom of Great Britain and Northern Ireland Sven Sakkov presented his credentials to His Majesty King Charles III. Following the presentation, Ambassador [..]

Rheinmetall, ICEYE form joint venture for SAR satellites

German defence company Rheinmetall and Finnish satellite maker ICEYE have established a joint venture to manufacture synthetic aperture radar (SAR) satellites, Rheinmetall said on Friday. The venture, called Rheinmetall ICEYE [..]

Over 600 criminal cases active in Latvia for violations of sanctions against Russia

More than 600 criminal proceedings are currently active in Latvia for violations of sanctions imposed on Russia, said Paulis Iljenkovs, Deputy Head of the Financial Intelligence Unit (FIU) for sanctions, [..]

Transport-sharing providers to be required to ensure a reaction test before vehicle use

The Saeima on Thursday adopted amendments to the Road Traffic Law, drafted by the Transport Ministry, introducing a reaction test for alcohol or other intoxicating substances before using shared vehicles. [..]

Rural Lithuanian hospitals offer thousands in benefits to attract doctors

By Laima Karaliūtė, LRT.lt. With young specialists moving from small towns to big population centres, medical institutions are being left understaffed. In response, municipalities have begun engaging in fierce competitions, [..]

German steel sector in ‘existential crisis,’ Merz warns after summit

By Helge Toben and Andreas Hoenig, dpa. Berlin (dpa) – Germany’s steel industry is in an “existential crisis,” Chancellor Friedrich Merz said on Thursday, after a meeting with top leaders [..]

Relative poverty down but single parents’ situation worsens in Estonia

The number of people unable to afford a standard living decreased last year, but relative poverty among single-parent families and absolute poverty both increased. Relative poverty refers to a situation [..]

Airline Norwegian not planning to expand its base at Riga Airport at the moment

Norwegian is not planning to expand its base at Riga Airport at the moment, the airline’s CFO Hans-Jørgen Wibstad told LETA in an interview. He noted that two Norwegian aircraft [..]

VW to build its own AI chips in China in autonomous driving push

By Johannes Neudecker, dpa. Shanghai (dpa) – In the race to develop autonomous driving technology, German automotive giant Volkswagen is taking a significant step by developing its own artificial intelligence [..]

Competition Council fines Maxima Latvija EUR 1.873 million and imposes legal obligations

The Competition Council has imposed a fine of EUR 1.873 million on retailer Maxima Latvija and set several legal obligations for engaging in unfair trading practices, according to the decision [..]

Iute delivers strong 9-month results with rising revenue and profit

Iute Group, headquartered in Estonia and offering credit, payment and insurance brokerage services in Southeast Europe, increased its revenue by 9% and net profit by 13% during the first nine [..]

AI in mobility and connected transport: hype, reality, and business value

Artificial intelligence is having a powerful impact on mobility, though not always in the ways the headlines promise. Behind the talk of automation and efficiency, many projects still hide unexpected [..]

Nvidia, Deutsche Telekom to build €1-billion AI data centre in Munich

Berlin (dpa) – Deutsche Telekom is making a major push into artificial intelligence (AI) infrastructure, teaming up with US chipmaker Nvidia to build a €1-billion ($1.1-billion) data centre in Munich, [..]

National and Kapodistrian University of Athens ranks 6th in the European Union and 1st in Eastern Europe

Athens, November 5, 2025 – The National and Kapodistrian University of Athens (NKUA) has achieved exceptional international recognition this year. According to the latest Transparent Ranking of Universities by Citations [..]

Europe has an ambitious quantum strategy – and Latvia’s in that picture, too

Quantum technologies represent the next technological revolution, with the potential to transform information technology, defense, medicine, and industry. Although these technologies are still in the development stage, their future importance [..]

Latvijas Banka expands instant payment verification solution for financial institutions across Europe

As of October 2025, Latvijas Banka is the only central bank in Northern Europe offering the Instant Verification Service (IVS) at the Eurosystem level to payment service providers – banks [..]

ZooExpo 2025 will take place in mid-November

The pet and zoo industry exhibition “ZooExpo 2025” will be held at the Ķīpsala International Exhibition Centre in mid-November, the event’s organizers informed LETA. More than 3,000 animals will be [..]

From Berlin Brandenburg Airport to Abu Dhabi: Eurowings launches new long-haul connection

Abu Dhabi is now an attractive, new long-haul destination in BER’s flight schedule. Eurowings will fly to the metropolis on the Persian Gulf three times a week in the 2025/2026 [..]