Baltics

LIAA organizes Latvian business trade mission to Sweden

The Investment and Development Agency of Latvia (LIAA) will organize a Latvian business trade mission to Sweden on May 11, 2026, led by Minister of Economics Viktors Valainis. A total [..]

Warsaw becomes Tallinn Airport’s most popular destination

Poland’s capital, Warsaw, overtook Riga and Helsinki as the most popular route by passenger volume from Tallinn Airport for the first time in April, data from the company shows. In [..]

Strategic Alliance in action: Lithuania’s first HIMARS unveiled with Lockheed Martin

Lockheed Martin and Lithuania’s Ministry of National Defence have officially unveiled the country’s inaugural HIMARS launchers, a milestone that strengthens Lithuania’s defence, deters aggression, and boosts interoperability with NATO partners. [..]

Latvian-founded workplace messaging app BirdyChat launches across Europe after raising €1.7M

BirdyChat, a workplace messaging app founded in Latvia, has raised €1.7M to accelerate its European expansion. Backed by early-stage European and Baltic investors including DIG Ventures, Change Ventures, and Tiny [..]

A shipment of aviation fuel from Norway arrives at the Port of Riga, strengthening supply security in Latvia

On 5 May 2026, the vessel STEN ARNOLD arrived at the Port of Riga, at the berth of SIA PARS TERMINĀLS, delivering 12,000 tonnes of aviation fuel from Norway. The [..]

Estonian Defense Forces: Russia could restore combat readiness in 2027

Russia could restore its combat readiness as early as 2027, and Estonia’s own level of preparedness must increase rapidly, the Estonian Defense Forces (EDF) said in its annual report. The [..]

How will Estonia’s declining population affect the property market?

Estonia’s population is falling and the birthrate is at a record low. But how will this affect the country’s housing market in the coming decades? Estonia currently has just over [..]

airBaltic launches direct flights between Vilnius and Zurich

Lithuanian Airports (LTOU) have announced that on May 3rd, air carrier airBaltic started direct regular flights between Vilnius and Zurich. The airline’s flights to Switzerland’s largest airport will be operated [..]

Tallinn installs 42 e-cigarette waste collection containers

Tallinn is planning to install 42 e-cigarette waste collection containers across the capital to simplify separate collection and reduce the environmental risks associated with e-cigarettes From October last year to [..]

Latvia marks restoration of independence day on May 4

On May 4, Latvia marks one of the most significant milestones in its modern history – the adoption of the declaration on the restoration of independence of the Republic of [..]

Poverty rises across Lithuania, hitting rural areas hardest

By Aina Mizgirdė, Enrika Gecaitė, LRT TV, LRT.lt Poverty levels have risen across Lithuania, particularly in more remote regions, with some municipalities seeing as many as one in three residents [..]

Should Lithuania re-embrace nuclear energy with small modular reactors?

By Irma Janauskaitė, LRT RADIO, LRT.lt. Lithuania will evaluate the technical and economic feasibility of deploying small modular nuclear reactors, as officials weigh energy security needs against concerns over cost [..]

The insurance market grew by nearly a tenth, while property and vehicle insurance is still more common than health insurance

The insurance market continued to grow in 2025, with premiums written increasing by nearly a tenth and the amount of insurance premiums per capita approaching €600. Medical expense insurance grew [..]

EKRE nominates Mart Helme its presidential candidate

The opposition Conservative People’s Party of Estonia (EKRE) nominated founding member Mart Helme as its presidential candidate for this autumn’s elections. A former diplomat and previous EKRE chair, Helme said [..]

Flash estimate: Estonia’s economic growth was 1.3% in Q1 2026

Gross domestic product (GDP) in Estonia rose by 1.3 percent year-on-year in the first quarter of 2026 (Q1 2026), state agency Statistics Estonia reported as a flash estimate. “According to [..]

Laude Smart Intermodal – now it’s time for Lithuania

In cooperation with the Lithuanian carrier LTG Cargo, the company from Toruń is carrying out transports from Lithuania. Thanks to the European standard gauge tracks (1435 mm) and the transshipment [..]

Latvian entrepreneurs return from Poland and Ukraine with tangible results – signed memoranda, new project pipelines and expanded market opportunities

During the trade mission to Poland and Ukraine organised by the Investment and Development Agency of Latvia (LIAA) and led by Minister of Economics Viktors Valainis, three cooperation memoranda were [..]

Latvian fintech companies are strengthening their cooperation in the United Kingdom

On Tuesday, April 21, in London, Latvia’s fintech (financial technology) sector participated with a joint delegation and a national booth in one of the world’s most significant financial technology events—the [..]

Oat drink producer YOOK plans to issue bonds and list them on the stock exchange

Yook OÜ, the parent company of YOOK Production AS — the first oat drink producer in the Baltic states — intends to carry out its first public bond offering this [..]

A new phase in Pentasweet’s €65 million investment – foundations laid for Europe’s first sweet protein production facility

One of the largest biotechnology investments in Lithuania in recent years is gaining momentum – the construction of Pentasweet’s €65 million brazzein sweet protein factory. This major national investment project [..]

The 6th Valdas Adamkus prize to be awarded to Lina Paškevičiūtė for her efforts in steering the country’s forest policy in a sustainable direction

The winner of the sixth President Valdas Adamkus Prize has been announced. This year, the prize will be awarded to Lithuanian environmentalist Lina Paškevičiūtė, one of the initiators of the [..]

Latvia strengthens economic cooperation with Poland and Ukraine – focus on investment and high value-added sectors

Under the leadership of Minister of Economics Viktors Valainis, a delegation of Latvian entrepreneurs will depart on Thursday, April 23, for a working visit to Poland and Ukraine. The trade [..]

Experts say telecoms should include internet security for free

Telecommunications providers’ paid internet security add-ons are growing in popularity, but cybersecurity experts say core protection should come standard, not at extra cost. Companies like Telia, Elisa and Tele2 sell [..]

Rising fuel prices having little effect on traffic

Higher rule prices have not reduced the number of cars on Estonian roads or in the capital, Tallinn, data shows. The sharp jump in fuel prices caused by the conflict [..]

Delska opens a 10 MW data center in Riga

Delska inaugurated a new 10 MW data center in Riga. The new facility is one of the most powerful and sustainable next-generation data centers in the Baltics. This marks an [..]

Tesla Estonian showroom to open next Friday

US e-vehicle manufacturer Tesla is to open its first showroom in Estonia next Friday, the company has announced. Tesla announced that a public opening event is to take place on [..]

Rimi seeks more business customers with corporate discounts

Rimi Eesti Food wants to increase its market share among business customers and is offering companies goods with a 9 percent discount. The retail chain is also testing a discount [..]

Lietuvos bankas strengthens dialogue with fintech by introducing dedicated points of contact

Lietuvos bankas takes another step toward strengthening Lithuania’s position as one of the most attractive fintech jurisdictions in Europe by assigning dedicated points of contact to some electronic money institutions [..]

85% of Latvians say cutting red tape is an urgent priority – and three in four find bureaucracy simply too high

Latvia’s residents are sending an unambiguous message to their government: the country’s bureaucratic machinery is too large, too slow, and not improving fast enough. According to a nationally representative survey [..]

LMT Group demonstrates a new tool for monitoring greenhouse gas emissions at Hamburg port

On April 15, 2026, at the Germany–Latvia Ports Days in Hamburg, LMT Group demonstrated a new solution for monitoring port equipment activity and estimating greenhouse gas (GHG) emissions using video [..]

Outcraft AI raises €2 million to bring autonomous AI agents into sales and revenue execution

Outcraft AI, an agentic AI platform building autonomous revenue agents that execute real-time customer engagement across voice, SMS, email and WhatsApp, has raised €2 million in pre-seed funding from Practica [..]

Retailers oppose plan to give Estonian authors €6 per smartphone sold

The Ministry of Justice believes the copyright fee added to the price of a new smartphone or computer could be higher because compensation must be fair and many people use [..]

Minister on keeping border open: We need to respond to risks

Minister of the Interior Igor Taro (Eesti 200) said Estonia does not plan to close its eastern border with Russia, despite security services identifying problems, so risks can be responded [..]

Creative services export platform “Neverending” is being developed in Riga; five million euros to be invested in its growth

A creative services export platform, “Neverending,” is being established in Riga with the aim of strengthening the international competitiveness of Latvia’s creative industries and positioning Riga as a Baltic hub [..]

Lithuanian emigration shifts: fewer heading to UK, more eyeing tax havens

By Edgaras Savickas, LRT.lt. The number of Lithuanians emigrating to the United Kingdom, Norway and Germany has fallen in recent years, according to data from Lithuania’s State Tax Inspectorate (VMI). [..]

Apple Maps teams coming to Estonia this summer

Apple is rolling out vehicles and backpack-wearing teams across Estonia this summer to improve accuracy and capture street-level imagery for its Maps service. Apple said its crews will capture road [..]

Vilnius invites tourists to camp in the city center

Vilnius is challenging urban tourism traditions by offering an unusual opportunity: camping in the heart of the capital. For travelers seeking affordable adventure, a unique alternative is available this summer [..]

Baurum acquires one of the largest historic properties in central Riga

Real estate developer and asset manager Baurum has acquired a historic building at 5a Blaumaņa Street in Riga. The transaction ranks among the most significant deals of its kind in [..]

Estonia congratulates Hungary’s opposition on “historic” win

Estonia’s prime minister and foreign minister said Hungarian voters have chosen “change, democracy, and a stronger place in Europe” after the opposition Tisza party unseated Prime Minister Viktor Orban from [..]

Submission period for Adwards 2026 extended to April 15

The submission period for the advertising, design, and other creative industries competition Adwards 2026 is rapidly approaching its close. The Latvian Art Directors’ Club (LADC) invites creative professionals and teams [..]

LaBocca expands to Telliskivi: homegrown restaurant brand grows into a chain

LaBocca is opening a new restaurant in the Telliskivi TLN business district, marking a significant milestone for the company. Having developed into a successful concept with its first restaurant in [..]

Estonian aviation expert: Stake in airBaltic not sensible for the country

Aviation expert Sven Kukemelk does not consider it reasonable for Estonia to contribute to ensuring the continued operation of Latvia’s airBaltic, as proposed by the Latvian prime minister. Latvian Prime [..]

Memorandum signed to promote investment in Latvia’s transport and logistics sector

On April 1, 2026, a memorandum of intent was signed at the Ministry of Economics to promote long-term investment in Latvia’s transport and logistics sector. The memorandum was signed by [..]

LMT Group’s traffic monitoring solution drives 66% reduction in red-light violations in Riga

New data from LMT Group’s traffic monitoring solution in Riga shows that red-light violations in Latvia’s capital have dropped by 66% over the last six months since setting up the [..]

Latvia to receive EIB guidance on unlocking stronger tech innovation

The European Investment Bank (EIB) will advise Latvia on accelerating the development of high-growth business sectors. Through this new cooperation with the Ministry of Economics and the Investment and Development [..]

GetJet secures $31M financing from volofin to expand fleet and asset management operations

GetJet has secured $31 million in external financing from London-based volofin Capital Management Ltd. The capital injection accelerates the GetJet Group Growth Strategy 2026, focused on fleet expansion and the [..]

Three international mobilities in a year and a half: a VMU political science student’s experiences in Italy and Canada

“It’s definitely worth going abroad – the people you meet and the experiences that broaden your horizons alone make it worthwhile,” says Mantas Bonda, a third-year student at the Faculty [..]

Questions remain over plan to have warning signs for mobile speed traps

Even though the government backs and recently approved placing warning signs before mobile speed traps, Interior Minister Igor Taro said several questionable aspects remain. A few years ago, warning signs [..]

Minister of Economics: In a predictable business environment, digital assets can significantly drive innovation

Blockchain technologies and digital assets can become a major driver of innovation within a secure, transparent, and predictable business environment, and it is crucial for Latvia to capitalize on this. [..]

Experts: Lower consumption and Estlink 2 will keep electricity prices down

Experts say electricity prices may remain lower in the coming months as the undersea Estlink 2 cable is operating again and the start of a lower-consumption season. The Middle East [..]

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