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Intelligence report: Lithuania-registered firms used to bypass sanctions, access tech

By Edgaras Savickas, LRT.lt. Companies registered in Lithuania have been used to help bypass international sanctions and gain access to Western technologies, according to the latest national security threat assessment [..]

Sweden’s first comprehensive AI strategy aims for top-10 ranking

Sweden aims to take a leading role in artificial intelligence. The Government is now presenting a new AI strategy with the aim of providing more effective government agencies, clearer rules [..]

airBaltic’s departure airport for Friday’s repatriation flights changed to Al Maktoum International Airport

The departure airport for repatriation flights operated by Latvian national airline airBaltic, scheduled for Friday with departure times from Dubai at 17:50 and 18:50 Dubai time, has been changed from [..]

8 Baltic Sea countries, Iceland, Norway developing joint crisis and evacuation plans

The eight countries bordering the Baltic Sea, Norway and Iceland are drawing up joint response plans to major crises, military threats, and possible evacuations as lessons continue to be learnt [..]

Sánchez says “no to war” as EU backs Spain over Trump’s trade threats

Madrid/Washington (dpa) – Spanish Prime Minister Pedro Sánchez on Wednesday doubled down on his opposition to the escalating attacks in the Middle East, declaring “no to war” in a televised [..]

Smartphone as a payment terminal: how tap-to-phone technology emerged and why it is reshaping acquiring

By Vadzim Smatrayeu, VP Fintech Services at IBA Group. For decades, card acquiring was inseparably linked to specialized hardware. Accepting card payments meant purchasing certified POS terminals and managing logistics, [..]

Regional anti-corruption platform established to safeguard Ukraine’s reconstruction funds

The Special Investigation Service of the Republic of Lithuania (STT), together with the Estonian Internal Security Service (KAPO), the Estonian Police and Border Guard Board (PBGB), the Corruption Prevention and [..]

Bauwise launches construction tender management capability

Bauwise, a construction cost management software developer, introduces Construction Tender Management, a new capability designed to address the gap between procurement and commercial control. The solution aligns estimates, bids, and [..]

Estonia delivers note after Russian icebreaker enters Estonian territorial waters

Estonia has summoned Russia’s chargé d’affaires after a Russian icebreaker entered its territorial waters without notice, urging compliance with maritime rules. The Estonian Ministry of Foreign Affairs today summoned the [..]

European fashion brand “TATUUM” officially begins its expansion in the Baltic region by opening its first store in Riga

Affordable premium European fashion brand “TATUUM” has officially entered the Baltic market this year, opening its first store in Riga. The new store opened its doors to customers on Saturday, [..]

Middle East flight cancellations leave Estonians searching for alternative routes home

Estonians in the Middle East are figuring out alternative ways to get home after flights were canceled with no clear indication of when they may resume. The events in the [..]

Can “Kaunavilnis” be Lithuania’s beating heart? A twin city vision divides opinion

By Agnė Baltrūnaitė, LRT.lt. “If other cities don’t mind, Kaunavilnis is the heart of Lithuania,” proclaimed a 2022 exhibition organised by the Kaunas City Museum and the MO Museum, inviting [..]

Latvians raise €500,000 in 60 seconds to deliver frontline evacuation systems to Ukraine

€500,000 was pledged in under 60 seconds in Latvia on February 24th, the 4-year anniversary of Russia’s full-scale invasion of Ukraine, to accelerate the delivery of frontline evacuation systems for [..]

Value of the Indexo Real Estate Fund portfolio managed by Provendi Asset Management has almost quadrupled in two years

Indexo Real Estate Fund, managed by alternative investment fund manager Provendi Asset Management, has demonstrated rapid and consistent growth since the start of operations, and has almost quadrupled the volume [..]

Middle East escalation: inflation risks, energy markets and uncertain growth

Dainis Gašpuitis, Economist at SEB Banka Latvia, has shared brief reflections on LinkedIn regarding the current situation in the Middle East and its potential implications for the global economy, financial [..]

FM: No signs of Middle East airspace opening any time soon

Minister of Foreign Affairs Margus Tsahkna (Eesti 200) said Monday morning that are no signs of Middle Eastern airspace reopening, which would allow Estonian citizens to return home. On Saturday, [..]

SOFTSWISS appoints new CTO to drive 2026 technology strategy

SOFTSWISS, an international tech brand with its partner’s development centres in Warsaw and Poznań, appoints Sergey Kastukevich as Chief Technology Officer (CTO) in line with its 2026 technology and product [..]

Dating apps as emotional rollercoasters: what risks do they pose to mental health?

By Ugnė Blekaitytė, LRT.lt. For many, dating apps can feel more like a gambling trip than a path to romance. Disappearing mid-conversation can lead to low self-esteem and automatic reaching [..]

Trump declares Iran’s supreme leader dead as U.S.–Iran conflict erupts across the Middle East

U.S. President Donald Trump announced on Truth Social that Iran’s Supreme Leader, Ali Khamenei, had been killed in a coordinated U.S.–Israeli military operation targeting Iranian leadership and strategic sites. In [..]

Foreign ministry recommends Estonian citizens leave Israel following Iran strikes

The Ministry of Foreign Affairs has recommended any Estonian citizens currently in Israel leave the country, following the joint US-Israeli strikes on Iran which began Saturday morning. “We recommend that [..]

MEP: Iran likely unable to respond in force to US-Israel strikes

Iran is unlikely to be able to mount a strong retaliation against Israel and the US in the aftermath of Saturday morning’s airstrikes, MEP Sven Mikser (SDE) said. Iran is [..]

New banking licence in Latvia could pave the way for new market entrants

Amendments to the Credit Institutions Law, which entered into force on 6 January 2026, introduce a new category of financial market participant in Latvia — specialised credit institutions. According to [..]

Latvia is falling behind Europe’s waste reduction goals, therefore increasing risks to the environment, infrastructure and future generations

Latvia’s household waste management system is already facing serious challenges. Although sorting infrastructure has improved in recent years and part of the society is actively sorting waste, 118 thousand tonnes [..]

Baltic VC FIRSTPICK and Lost Astronaut join forces to scale 100 early-stage startups

February 25th, 2026. Who do these kids think they are, dropping out of college, vibecoding, and starting tech companies before they’re 25? Apparently, they think they’re the next unicorns, and [..]

EU startup policy discussion comes to Riga with Startup Commissioner’s first visit to Latvia for TechChill 2026

The European Commissioner for Startups, Research and Innovation, Ekaterina Zaharieva, will attend the Baltic Startup Policy Forum in Riga, hosted by the Latvian Startup Association Startin.LV and held during TechChill [..]

Honorary consul general of Lithuania Shigehiro Komaru awarded the VMU gold medal

On 24 February, the highest award of Vytautas Magnus University (VMU), the Gold Medal, was presented to Shigehiro Komaru, Honorary Consul General of Lithuania. The Consul was honoured for his [..]

Merz tours Forbidden City, attends robot boxing match on China visit

By dpa correspondents. Beijing (dpa) – German Chancellor Friedrich Merz on Thursday concluded his two-day visit to China with a tour of the Forbidden City in Beijing and a boxing [..]

Minister: We have an agreement with Latvia that Rail Baltica will be built by 2030

Minister of Infrastructure Kuldar Leis (Reform) said there is an agreement with Latvia that the Rail Baltica line will be completed by the end of the decade despite concerns about [..]

Fake followers and frozen accounts: digital battle around Lithuania’s Nemunas Dawn

By Jurga Bakaitė, LRT.lt. Allegations have surfaced in Lithuania that critics of the political party Nemunas Dawn are being blocked on Facebook after sharing posts critical of the party, prompting [..]

BDO “Young Artists Award” 2025 Exhibition Opening

The Art Academy of Latvia, in collaboration with BDO Latvia and KIM? Contemporary Arts Centre presents the opening of the BDO ‘’Young Artists Award” 2025 exhibition. The event will take [..]

Polish “affordable premium” brand “TATUUM” enters the Baltic market and will open its first store in Riga

A new player in the affordable luxury, or “affordable premium,” segment is entering the fashion market in Latvia. Polish clothing brand “TATUUM” will open its first store on 28 February [..]

Tallinn backs stronger role for cities in shaping EU funding and policy decisions

Tallinn joined other EU capital cities in calling for a stronger role for cities in shaping European Union policies and funding priorities as preparations begin for the EU’s next Multiannual [..]

Germany demands clarity after US Supreme Court strikes down tariffs

Berlin (dpa) – Germany wants clarity on US President Donald Trump’s tariff policy for the sake of a EU-US trade deal agreed last year, a government spokesman said on Monday. [..]

A time capsule placed into the structure of the CENTRUS – new quarter of Riga city center

On Friday, 20 February 2026, a symbolic and significant event took place in the CENTRUS – a time capsule containing a message for future generations was placed into the structure [..]

Insolvency rates stabilise across the Baltics

By COBALT Partner Annika Peetsalu, Associate Heivo Reinek (EE), Specialist Counsel Mārtiņš Aljēns (LV), Partner Dr Paulius Markovas and Senior Associate Dr Ieva Strunkienė (LT). After several difficult years, insolvency [..]

Estonia reports record low number of traffic fatalities in 2025

The number of traffic fatalities fell to its lowest in decades in 2025, data shows. However, accidents with elderly pedestrians and young scooter riders are causing concern among experts. Last [..]

High productivity and competitive wages: Latvian Startup Report 2025 published

The Latvian Startup Association Startin.LV has published the annual report – Latvian Startup Report 2025, which marks a clear trend – startups in Latvia continue to grow and become an [..]

Do foreign firms get a smoother ride than local businesses in Lithuania?

By Žygintas Abromaitis, LRT TV, LRT.lt. Business leaders and investors say the previous government’s efforts to reduce bureaucracy have fallen short, while concerns persist that foreign investors enjoy more favourable [..]

Russian icebreakers operating in Baltic Sea near Estonia

Last week, Russian icebreakers appeared in the Baltic Sea near Estonia. Among them were one of the world’s largest nuclear-powered icebreakers “Sibir.” Russian exports through the Gulf of Finland have [..]

New U.S. ambassador to Latvia begins service, highlights security and economic cooperation

The newly appointed United States Ambassador to Latvia, Melissa Argyros, has officially begun her service, emphasizing the shared values and strategic priorities that define the partnership between the two countries. [..]

Kristaps Porziņģis makes his Warriors debut

In their first game back from the All-Star break, Kristaps Porziņģis made his Golden State Warriors debut on Thursday night in a 121-110 loss to the Boston Celtics at Chase [..]

Vilnius prepares for possible Neris flooding as forecasters warn of thaw

By Modesta Gaučaitė-Znutienė, LRT.lt. Although freezing temperatures continue across Lithuania, authorities are urging residents in some areas to prepare for possible flooding if a thaw causes the Neris River to [..]

Latvia’s internationally recognised AML/CFT system strengthens its position as a leading EU fintech and Web3 hub

Latvia has received a landmark international assessment confirming the country’s effectiveness in combating money laundering, terrorism and proliferation financing, further strengthening its reputation as a secure, transparent and innovation-driven country. [..]

FREETOUR.com announces 2026 awards: Riga tour company named Best Worldwide

FREETOUR.com, the world’s leading platform for free walking tours, announced the winners of its 10th annual FREETOUR.com Awards 2026, celebrating the top free tours worldwide. Riga tour company Free Tours [..]

ACA Timber: Investments undertaken on the basis of Competition Council approval and valid long-term logging agreements

SIA ACA Timber, an international timber trading and logistics company backed by Latvian, Swedish and German investors, expresses serious concern regarding the potential termination of long-term logging agreements (LLA) with [..]

Iute Group revenue rises to EUR 124.6 million and net profit to EUR 9.9 million

Iute Group, a digital banking group operating in Southeast Europe, generated total revenue of EUR 124.6 million in 2025, while net profit increased to EUR 9.9 million. The Group’s consolidated [..]

Estonian police to use drones to catch drivers running red lights

Tartu police plan to begin using a drone this spring to catch drivers who run red lights, as statistics show several of the country’s worst intersections for such violations are [..]

Ben Hodges: stop treating Russian sabotage like a crime scene

Germany’s first public wargame simulating a Russian attack on NATO’s eastern flank has triggered debate about political hesitation within the alliance. The exercise, conducted by Die Welt in cooperation with [..]

Fintech hubs are easy to market – hard to govern

By Tīna Lūse, Managing Director of the Fintech Latvia Association. Many countries position themselves as fintech hubs. Far fewer build the governance needed once fintech becomes economically significant and operationally [..]

Latvian optical salon chain becomes the first in Latvia to introduce digital vision tests and AI-driven analysis

Latvia’s optical retail sector has significant potential for technology adoption – globally, digital and artificial intelligence solutions are increasingly used in vision diagnostics, while their integration in the local market [..]

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