Baltics

Latest PwC Baltic CEOs survey shows leaders striving to remain optimistic in challenging times

PwC has conducted its 14th survey of company leaders in Lithuania, Latvia and Estonia, revealing strong business optimism across the Baltic States, but also significantly higher levels of concern among [..]

Price of diesel breaks all-time record in Estonia

The price at the pump of a liter of diesel rose to €2.169 on Monday for an all-time high. Estonian fuel retailers raised prices late this morning, with gasoline increasing [..]

Vilnius emerges as a global hub for laser and photonics in 2026

Vilnius is set to host a concentration of high-level laser and photonics events rarely seen in a single destination within one year. In 2026, Vilnius is emerging as a global [..]

Lithuania’s Klaipėda is living through a “gastronomic crisis”

By Jovita Gaižauskaitė, LRT TV, LRT.lt. At least five restaurants in Lithuania’s port city of Klaipėda have closed since the start of the year. In search of more affordable premises, [..]

Don’t miss the chance to register for the most ambitious deep tech conference, “Deep Tech Atelier 2026”

On May 14–15, Riga will host the eighth edition of “Deep Tech Atelier,” Northern Europe’s largest conference on data-intensive entrepreneurship, bringing together more than 2,000 scientists, technology experts, entrepreneurs, investors, [..]

Police officer: Most challenges in Narva are alcohol-related

Most police callouts in Estonia’s border city Narva are related to alcohol or domestic violence, said the lead actor of the new crime series who shadowed officers on patrol for [..]

Ryanair expands Lithuania operations, plans to hire 200 staff

By Jonas Deveikis, LRT.lt. Ryanair-owned aircraft maintenance company Kaunas Aircraft Maintenance Services is building two new aircraft maintenance hangars in Kaunas, the company told LRT.lt on Friday. “We are currently [..]

BDO young artists award winner to be announced at award ceremony

The sixth BDO Young Artists Award ceremony will take place on Thursday, March 26, at the experimental art space PILOT. The winner of the main award will receive a €2,000 [..]

Estonia, Latvia and Lithuania to jointly buy Rail Baltica regional trains

Estonia, Latvia, and Lithuania on Wednesday announced a joint procurement for ordering regional trains for Rail Baltica. However, uncertainty remains over when the railway will be completed. The tender from [..]

Belarusian migrants in Lithuania: study shows many planning to stay

By Jurga Bakaitė, LRT.lt. When many Lithuanians think about migrants from Belarus, they often picture long-haul truck drivers passing through the country. But new research suggests a different reality: thousands [..]

Could Latvia replicate Lithuania’s crowdfunding success story?

While Lithuania has in recent years emerged as one of the most active crowdfunding markets in Europe, the sector in Latvia is still at an early stage of development. According [..]

Inside Ukraine’s kill zone: “You can be killed very quickly and out of nowhere”

By Benas Gerdžiūnas, LRT.lt. In Ukraine, the front line – at least as we once imagined it – no longer exists. Everything is now shaped by what is known as [..]

FM: Estonia prepared to discuss sending forces to Hormuz Strait with US

Minister of Foreign Affairs Margus Tsahkna (Eesti 200) said Estonia is ready to discuss how it can contribute to the U.S.’ mission in the Strait of Hormuz if an official [..]

PPA vessel sinks in Mediterranean with Estonia’s ambassador to Greece on board

Four people were injured after an Estonian patrol boat participating in a EU border agency joint operation sank in the Mediterranean on Monday. The Estonian ambassador to Greece was on [..]

airBaltic suspends Dubai flights until October 2026; Free rebooking available to 80+ destinations

Due to the current security situation in the Middle East, the Latvian airline airBaltic announces that it will cancel all scheduled flights to and from Dubai (United Arab Emirates) until [..]

US ambassador: Reports on meeting between US and Estonian lawmakers misleading

Reports regarding the meeting between Estonian and U.S. lawmakers have been misleading and disrespectful to U.S. soldiers stationed in Estonia, said Roman Pipko, the U.S. Ambassador to Estonia, in a [..]

Critical thinking in jurisprudence in the age of AI: University of Latvia law students learn a new approach to legal case research

The creators of the legal research platform Lexu AI demonstrated to students at the Faculty of Law of the University of Latvia how artificial intelligence can significantly facilitate the study [..]

Bolt to start monitoring how customers ride scooters

Bolt is set to introduce several new changes, including monitoring driving behavior and a discount for customers wearing a helmet. Last year, the company began monitoring how drivers use its [..]

The man who got Europe to build drones for Ukraine: “A shift is happening, but too slowly”

By Evaldas Labanauskas, LRT.lt from Brussels. On a grey, drizzly Sunday in Brussels, when few would choose to venture outside, several dozen men and women of various ages make their [..]

Lido’s parent company plans major investments in the Baltics and Finland – investors have the opportunity to participate in the company’s growth

Apollo Group, the parent company of Lido and the largest entertainment and restaurant operator in the Baltics, plans to invest approximately €30 million in Finland and make significant investments across [..]

Heating bills push Lithuania’s most vulnerable to the brink

By Domantė Platūkytė, LRT.lt. As the calendar winter draws to a close following two months of bitter frost and sharply higher heating bills, more people are queuing for food aid [..]

Two Estonians make Forbes world’s rich list again

Wise co-founders Kristo Käärmann and Taavet Hinrikus, both from Estonia, have made the freshly published Forbes World’s Real-Time Billionaires list. Käärmann, 45, was placed 1,913th at the time of writing, [..]

South Korean weapons giant to invest €100 million in Estonia

South Korean defense industry giant Hanwha Aerospace has announced a major direct investment package of nearly €100 million to support Estonia’s defense industry and technological independence. According to the company, [..]

Signet Bank Group increases lending and capital market transactions volume in 2025, with profit increasing by 60%

In 2025, Signet Bank Group continued to strengthen its position as one of the leading financial services groups in Latvia, bringing together banking, investment management, fintech and specialized lending companies [..]

Estonia’s new ID cards a major headache for notaries

The Chamber of Notaries is demanding that the Information System Authority (RIA) immediately provide a solution to technical problems with new ID cards that have caused major disruptions for notaries [..]

Estonian company WiSo Engineering to build largest hybrid plant in Estonia

One of the largest solar parks in the Baltics at Kirikmäe will soon be supplemented with a 55 MW battery storage system with a storage capacity of 250 MWh, to [..]

Ex-Shopify team secures €20M for global chef-supplier marketplace

Saltz, a digital marketplace for the food supply industry, has raised €20 million in Series A funding. Saltz offers a way to connect chefs and verified food suppliers across 20 [..]

Airhub Aviation secures GTA with AerCap for base maintenance at SQQ

Airhub Aviation has signed a strategic maintenance agreement with AerCap, the world’s largest aircraft lessor, to provide base maintenance and aircraft redelivery services at its Siauliai International Airport (SQQ) facility [..]

50% of survey respondents believe an offshore wind park will have a positive impact on Latvia’s economy

The latest survey data show that public awareness in Latvia about wind park development plans and energy security issues is gradually increasing. For example, 65% of respondents in a survey [..]

Lords LB Baltic Green Fund (V) and bank Citadele conclude largest office lease transaction in Latvia over the past year

Lords LB Baltic Green Fund (V), managed by Lords LB Asset Management, has signed a long-term office lease agreement with the anchor tenant of the Citadele Business Center – bank [..]

Applications open for Business incubation programme – entrepreneurs can receive up to 70% support

From March 9 to March 31, applications are open for the Business Incubation Programme at 20 regional offices of the Investment and Development Agency of Latvia (LIAA), as well as [..]

Estonian real estate developers complete residential quarter in Riga

The residential quarter Parka Kvartāls in Riga, a 13-million-euro joint project by Estonian real estate developers Invego and Reterra, has been fully completed. All apartments have now been handed over [..]

Estonia’s final 2 repatriation flights to depart from Middle East on Sunday

On Sunday morning, one of the special repatriation flights for Estonians from the Middle East landed in Tallinn, with a second arriving in Riga. On Sunday, the last of the [..]

Estonia facing critical shortage of internal medicine doctors

Estonia faces a critical shortage of internal medicine specialists, with nearly half of those currently working in the field set to reach retirement age in the next 5–10 years. The [..]

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 [..]

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 [..]

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, [..]

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 [..]

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 [..]

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 [..]

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 [..]

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