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Eight places in Kaunas for a different Lithuanian taste experience

When planning a weekend in Kaunas, you can get the whole package – from tasting curd doughnuts beloved by generations to enjoying Michelin-level venison tartare in a monastery. Filled with [..]

European tech investment in Q2 2026: How capital is organising around strategic sectors

By Oleg Khusaenov, CEO & Founder of Zubr Capital. A single quarter creates headlines. A sequence of quarters reveals market shifts. That analysis underpins Zubr Capital’s Q2 2026 digest of [..]

Valainis signs memorandum to establish a full-cycle artillery rocket manufacturing facility in Latvia

On 23 July, Latvia’s Minister of Economics Viktors Valainis signed a Memorandum of Understanding with a Latvian company established by the U.S.-based Native Trading to develop a full-cycle artillery rocket [..]

Cyberattacks are no longer an exception in Latvia. Are companies truly prepared?

By Terry Fixter, Chief Operating Officer, Kevlar Defense. Only a few years ago, cyberattacks were widely perceived as a problem affecting major technology companies or government institutions. That is no [..]

Signet Baltic Bond Fund delivers a 7.6% return to investors in its first year

In May 2025, Signet Asset Management Latvia IPS, the investment management company of Signet Bank Group, launched Signet Baltic Bond Fund (hereinafter – the fund), the first open-ended fund focused [..]

€157 million, two officially reported irregularities and the Pauls Stradiņš Hospital expansion in doubt

By Balticnews.com. The Pauls Stradiņš Clinical University Hospital’s A2 Building has become one of the costliest and most complicated European Union-financed infrastructure projects in Latvia. Its price has climbed from [..]

Vilnius public transport faces disruptions amid vehicle shortages

By Jokūbas Naglinskas, LRT TV, LRT.lt. Vilnius officials are seeking ways to avoid disruptions to public transport services after the city’s municipal operator warned it may not have enough buses [..]

African tea set to compete for the European market

On one hand, the conflict surrounding the Strait of Hormuz, and on the other, oversupply are putting significant pressure on African tea producers. In 2025 alone, Middle Eastern countries imported [..]

€22 million bond issue to finance major energy storage project

A €22 million secured bond issue has been successfully completed, enabling the development of one of Latvia’s largest battery energy storage system (BESS) projects. Saules BESS, a portfolio company of [..]

Latvia nominated for two international tourism awards in the United Kingdom and Finland

This year, Latvia has been nominated for two prestigious international tourism awards in two of its priority inbound tourism markets – the United Kingdom and Finland. Latvia has been shortlisted [..]

Latio launches sales of investment apartments in Riga’s unique “Youston Co-Living” project, offering annual yields of up to 11.18%

Leading real estate transaction company Latio has announced the launch of investment apartment sales in the unique Youston Co-Living project, located in the heart of Riga at 38 Krišjāņa Valdemāra [..]

Companies invited to dispose of used tyres free of charge this July

AJ Power Recycling AS, in cooperation with 3R SIA, is once again inviting companies to dispose of used passenger vehicle tyres free of charge as part of the environmental campaign [..]

Latvia and Lithuania strengthen Baltic security, innovation and critical infrastructure through three cooperation agreements

Three cooperation documents were signed at the Latvia–Lithuania Defence and Security Business Forum in Vilnius, covering innovation and export promotion, defence industry development, and the resilience of critical energy infrastructure. [..]

Swiss startup chooses Latvia to develop drone simulation technology

Swiss technology startup nordfen AG has chosen Latvia as the location to develop advanced drone simulation technologies in partnership with the association Drone Force – Europe. Today in Riga, the [..]

OTP Bank to acquire Luminor, opening a new chapter in Baltic financial markets

OTP Group to enter the Baltic markets, expanding its presence to 14 countries and increasing its total assets by over 10%, while the share of its operations within the euro [..]

Inflation remained moderate in June in Estonia

By Lauri Matsulevitš, Economist at Eesti Pank. Data from Statistics Estonia show that consumer prices were up 2.3% over the year in June. The main driver of inflation was energy [..]

GetJet Airlines and Airhub Aviation name Dakar Rally winner Vaidotas Žala brand ambassador

GetJet Airlines and Airhub Aviation, part of GetJet Group, have announced a long-term partnership with Dakar Rally 2026 winner and three-time Lithuanian Rally Champion Vaidotas Žala, who joins both companies [..]

Almost half of LANDE’s EIF-backed financing reaches farmers under 40, reflecting a key agricultural priority

Nearly half (46%) of all loans issued under LANDE’s European Investment Fund (EIF)-backed guarantee programme during its first six months in Latvia and Lithuania have been granted to farmers under [..]

LIAA expands tourism demand generation activities across Latvia’s regions

This summer, the Investment and Development Agency of Latvia (LIAA) has significantly expanded its efforts to stimulate tourism demand across Latvia’s regions. Particular attention is being given to strengthening tourism [..]

Good time to be an office tenant in the summer of 2026

The commercial real estate market continued its gradual stabilization during the first half of 2026. However, in the office segment, the balance of power has clearly shifted in favour of [..]

BirdyChat introduces API and MCP support, expanding its capabilities for teams, developers and AI assistants

Following the launch of the BirdyChat application and its recent investment round, the company continues to develop the platform by introducing new solutions that connect it with external workplace tools [..]

NORDSPACE secures EUR 1.2 million financing from Signet Bank for the development of smart storage facilities in Riga

SIA Nordspace-Jurkalnes has secured EUR 1.2 million in financing from Signet Bank to implement the second phase of the smart storage complex development at Jūrkalnes Street 62, Riga. As part [..]

“Nuclear option”: Lithuania mulls introducing border checks with Latvia

By Aistė Valiauskaitė, Aina Mizgirdė, LRT TV, LRT.lt. Lithuania’s incoming Interior Minister Martynas Katelynas has not ruled out temporarily reintroducing border controls with Latvia as the number of migrants arriving [..]

GetJet Airlines reports €165 million revenue and €13 million EBITDA, reinvests profits to strengthen resilience amid market volatility

GetJet Airlines delivered stable financial results in 2025. The company generated €165 million in revenue (2024: €164 million), while EBITDA increased by nearly 20%, from €10.9 million to €13 million. [..]

Survey: Latvia should develop its own offshore projects

Although public opinion in Latvia is divided on the development of wind energy, there is a prevailing view that the country should not fall behind the other Baltic states and [..]

Drug use raises alarm as Lithuania ranks among Europe’s worst-affected countries

By Evaldas Labanauskas, LRT.lt. The spread of illicit drugs across Europe is causing growing concern, according to the European Union Drugs Agency’s annual report published in late June, which warns [..]

Baltic Sea Region Hackathon 2026: Cross-border innovation for a safer future

How can free and secure societies endure in a world filled with crises and uncertainty? This is a question not only for global politics, but also for the students who [..]

Iceland assumes the CBSS Presidency with resilience at the centre of its agenda

Assuming the CBSS Presidency on 1 July 2026, Iceland will place resilience at the centre of its programme, with priorities ranging from hybrid threats and civil preparedness to child protection, [..]

Working two jobs at once? Lithuanian authorities warn of legal pitfalls

By Gabrielė Jankienė, LRT.lt. Moonlighting during working hours could land employees in trouble, Lithuania’s State Labour Inspectorate has warned, amid growing online chatter about combining two jobs to boost income. [..]

We teach people to use AI – but do we teach them to verify what it says?

By Mārtiņš Odobērs, Founder and CEO of Lexu AI. Two years ago, my team and I set out to solve a very specific problem in Latvia’s legal sector: how to [..]

Microsoft stock performance today: MSFT stock slips sharper than broader market

Microsoft (NASDAQ: MSFT) closed Wednesday’s session down 1.41% at $383.34 per share. That decline outpaced the broader market’s more modest pullback across major indexes. The S&P 500 slipped just 0.28% [..]

Saulkrasti Jazz 2026 programme features the Baltic drummers league, masterclasses and world-class jazz artists

Just one week from now, from 15 to 18 July, the 28th Saulkrasti Jazz Festival 2026 will take place in Saulkrasti, Latvia. This year’s festival places a special spotlight on [..]

Latvijas Banka issues three licences to two financial technology companies

The Supervision Committee of Latvijas Banka decided to issue a total of three licences to two companies. Nodu Digital SIA received a licence for the provision of crypto-asset services and [..]

Latvian artists to participate in contemporary art fair “ArtVilnius’26” in Vilnius

From October 1 to 4, the 17th international contemporary art fair “ArtVilnius’26” will take place in Vilnius, bringing together galleries and artists from more than 20 countries, including several Latvian [..]

Indie garden festival “La-Di-Da-Di” concludes with a performance by british band “caroline”

The first-ever indie garden festival “La-Di-Da-Di” came to a close with a breathtaking performance by British band “caroline” at the Green Theatre in Mežaparks. Over two days, visitors enjoyed a [..]

German minister “optimistic” on securing Tomahawk missiles from US

Ankara (dpa) – German Defence Minister Boris Pistorius says progress is being made at a NATO summit in Ankara on German efforts to purchase Tomahawk cruise missiles from the US. [..]

June in financial markets: a record quarter closes as Hawks Circle and Chips Slide

An opinion piece by Kārlis Martiņš Gulbis, Investment Analyst at Signet Bank. Following highly geopolitically volatile spring, a June 14 U.S.–Iran framework has seemingly reopened the Strait of Hormuz, dragging [..]

100-megawatt battery energy storage system begins operation in Estonia

On 7 July, the Hertz 2 battery energy storage system (BESS), with a capacity of 100 MW and a storage capacity of 200 MWh, was officially opened in Aruküla, Raasiku [..]

NATO’s new Airborne Warning and Control System is announced

During the NATO Summit Defence Industry Forum in Ankara on Tuesday (7 July 2026), 11 Allies announced the joint procurement of Saab GlobalEye aircraft as NATO’s new Airborne Warning and [..]

Olpha expands its OTC portfolio with the launch of a new pain relief medicine

Olpha, the leading pharmaceutical manufacturer in the Baltics, has expanded it’s over the counter (OTC) product portfolio with the launch of a new medicine for the short-term relief of pain. [..]

Housing prices in Riga are rising twice as fast as rents – yet buyers still prefer to own

Over the past year, average apartment rents in Riga have increased by only 5–6%, while residential property sale prices have risen at roughly twice that pace. Today, only around one [..]

Inbank and Eurobank establish a joint venture in Greece

Inbank is expanding into the Greek market by establishing a joint venture with one of Greece’s leading banks, Eurobank. The joint venture will be owned equally by Inbank and Eurobank. [..]

First day of the “La-Di-Da-Di” Indie Garden Festival comes to a close

The first day of the La-Di-Da-Di Garden Festival took place at the Green Theatre in Mežaparks, bringing together fans of indie and alternative pop music in a warm, relaxed atmosphere [..]

Lithuanian lawmakers look to better discipline electric scooter riders

By Kristina Karlonė, LRT TV, LRT.lt. Lithuania’s parliament is considering granting municipal public order officers the authority to stop and fine riders of electric scooters and electric bicycles in a [..]

Overhaul that took 13 years: EU approves updated air passenger rights

By Evaldas Labanauskas, LRT.lt. The European Parliament on Tuesday gave final approval to a sweeping overhaul of European Union air passenger rights, introducing stronger consumer protections while limiting some airline [..]

Baurum to develop the “Constanta” project with approximately 90 apartments in a historic building in central Riga

Latvian real estate developer Baurum has opened reservations for residences in its “Constanta” project, located in the historic building at 5a Blaumaņa Street in the centre of Riga. Following an [..]

California governor Gavin Newsom’s approval rating splits voters as 2026 race heats up

Gavin Newsom’s approval ratings are telling two different stories depending on which poll a voter picks up this summer. The Public Policy Institute of California puts him at 50% approval [..]

Millions of businesses are at risk of losing to AI, and most don’t even know it

You open ChatGPT and type a simple question: “best running shoes.” Within seconds, the answer appears. Nike. Adidas. A few familiar global names. The recommendation feels neutral, almost objective. But [..]

Valve Service: safety valves – the last line of protection

Thousands of replaced and modernized valves, millions in cost savings, and uninterrupted production – this is the briefest summary of the Valve Service division launched by ZETKAMA in 2024. Continuous [..]

On the occasion of the US 250th anniversary, VMU celebrates the idea of freedom and academic partnership

On the 4th of July, the United States of America marks its historic 250th anniversary of Independence. This date is not only a major milestone in world history but also [..]

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