Baltics

MCF Group Estonia welcomes Tensor Estate as a shareholder

MCF Group Estonia, the company operating the Greenergy Data Centers facility in Hüüru, Harju County, Estonia, has welcomed Tensor Estate as a new shareholder as the latest development in the [..]

No grace period: Lithuania’s new prime minister under scrutiny over doctoral thesis

By Aistė Valiauskaitė, LRT TV, LRT.lt. Lithuania’s Prime Minister Mindaugas Sinkevičius is facing questions over his doctoral dissertation after a complaint alleging possible plagiarism was submitted to the country’s academic [..]

Vaiņodes Bekons is gradually resuming operations – more than 1,000 breeding gilts have already been introduced to the farm

Following the African Swine Fever (ASF) outbreak earlier this year, Vaiņodes Bekons Ltd. has gradually resumed operations. The mandatory monitoring period imposed by the Food and Veterinary Service has been [..]

For Baltic security and stability: Lithuania learns from Latvia’s experience in strengthening the justice system

The Latvian and Lithuanian Ministers of Justice, Edvards Smiltēns and Rita Tamašunienė, are meeting today, 24 July, in Liepāja to strengthen cooperation among the Baltic states on the resilience of [..]

Olpha Marks Major Construction Milestone for New Manufacturing Facility

Latvian pharmaceutical company Olpha has celebrated the topping-out of its new finished dosage form manufacturing facility, marking a major milestone in the company’s expansion. A commemorative time capsule was also [..]

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 [..]

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 [..]

€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 [..]

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 [..]

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 [..]

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. [..]

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 [..]

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 [..]

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. [..]

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 [..]

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 [..]

Domantas Sabonis injury update: Kings star set to enter camp healthy after season-ending knee surgery

Sacramento Kings center Domantas Sabonis is on track to open training camp for the 2026-27 season healthy, following a torn meniscus in his left knee that ended his 2025-26 campaign [..]

Latvia and Estonia sign memorandum on supply security; bilateral business forum opens in Tallinn

As part of the State Visit of the President of Latvia, Edgars Rinkēvičs, to Estonia, the Latvia–Estonia Business Forum “Stronger Together” was officially opened today, 2 July, at the National [..]

Lithuania’s Trakai imperilled by overtourism and overdevelopment

By Marija Žukovska, LRT.lt. One of Lithuania’s most treasured natural and cultural landscapes is facing mounting environmental pressure as rising tourism, lakeside development, illegal dumping and unauthorised tree cutting increasingly [..]

Saulvedis Vārpiņš: Artificial intelligence is becoming part of lawyers’ everyday work

The Latvian Council of Sworn Advocates (LCSA) and the AI-powered legal research platform Lexu AI have signed a cooperation agreement to promote the safe and professional use of artificial intelligence [..]

Amid Russia warnings, Baltics brace for ‘hybrid’ rather than conventional threats

By Milda Vilikanskytė, Evaldas Labanauskas, LRT TV, LRT.lt. Russia is more likely to resort to hybrid provocations than launch a conventional military attack against NATO’s eastern flank, Lithuania’s ambassador to [..]

World-class architectural masterpiece in Jūrmala: Villa Guna by Meinhard von Gerkan

Located on Bulduru Prospekts in the prestigious seaside resort of Jūrmala, Villa Guna represents one of the highest achievements of contemporary residential architecture in Latvia. Designed by Meinhard von Gerkan, [..]

Latvian coffee brand Rocket Bean Café ranked among Europe’s best

Latvian coffee roaster and specialty coffee brand Rocket Bean has been included in The World’s 100 Best Coffee Shops – Europe 2026, an international ranking that recognizes the best cafés [..]

LMT and “Latvijas dzelzceļš” demonstrate private 5G network technologies in railway infrastructure management for the first time in the Baltic region

SJSC “Latvijas dzelzceļš” will be the first railway company in the Baltics to use a private 5G network technology provided by the LMT Group. The network is operating in test [..]

New defence and security company LAT Defence established in Latvia

LAT Defence, a newly established Latvian defence and security company, has launched with €2 million in initial funding. The company aims to strengthen security and defence capabilities across Latvia and [..]

Latvian business delegation travels to Estonia to strengthen bilateral economic cooperation in strategic industries

As part of the State Visit of the President of Latvia to Estonia, the Latvia–Estonia Business Forum will take place in Tallinn on 2 July, bringing together representatives of public [..]

European brand TATUUM continues Baltic expansion with the opening of its first store in Lithuania

European affordable premium fashion brand TATUUM continues its expansion across the Baltic region by opening its first store in Lithuania. The new store opened its doors on Saturday, June 27, [..]

Riga offers the most affordable housing in the Baltics: a smart opportunity for property investors?

Riga continues to enjoy a significant pricing advantage in the Baltic residential property market. The average price per square metre in new developments in the city centre is around half [..]

New residential development in Āgenskalns secures EUR 3.4 million financing from Signet Bank

Signet Bank has provided EUR 3.4 million in financing to SIA L 24 for the construction of two identical three-storey residential apartment buildings at 24 Lapu Street in Āgenskalns, Riga. [..]

AgroCredit Latvia expands its activities – financing is now also available to foresters throughout Latvia

The financial service provider SIA “AgroCredit Latvia” is expanding its activities and in the future will offer financing solutions not only to entrepreneurs in the agricultural sector, but also to [..]

Third time’s the charm – will Lithuania’s new govt last this time?

By Edvardas Špokas, LRT TV, LRT.lt. Lithuania’s governing coalition is attempting to turn the page after months of political turbulence, nominating Social Democratic Party leader Mindaugas Sinkevičius as prime minister [..]

Estonian mobility unicorn Bolt reaches profit for the first time

According to its annual report, Bolt posted a net profit for the first time in its history last year, totaling €900,000. Bolt posted a net profit of €900,000 last year, [..]

EURO

Trending

Tallinn

loader-image
temperature icon 22°C
broken clouds
Wind Gust: 23 Km/h
Clouds: 60%

Riga

loader-image
temperature icon 24°C
scattered clouds
Wind Gust: 3 Km/h
Clouds: 27%

Vilnius

loader-image
temperature icon 22°C
scattered clouds
Wind Gust: 13 Km/h
Clouds: 49%