Baltics

Up to €360,000 for Marine Technology Innovations: Six Projects to Receive Funding

At the beginning of 2027, an open call for marine technology innovations is scheduled to be launched under the European Union’s “Horizon Europe” project MarTe, allocating funding for six projects—up [..]

First-Year Results of the FinTech Strategy to Be Evaluated and Latest Industry Data Presented in Riga

On November 27, at the “Fintech Pulse 2026” forum, Latvian and international experts will discuss attracting investment,financial technology development, and Latvia’s competitiveness in international markets. The Investment and Development Agency [..]

Baltic swimmer and World record holder expanding the sport and joining apple tech to measure the ocean

Five Guinness World Records. Seven Baltic States titles. Recognized by Arnold Schwarzenegger, named among the 100 most impactful people alongside the Rockefellers, and honored by the World Economic Forum as [..]

Tehnopol AI Accelerator adds eight new companies to latest cohort

Tehnopol AI Accelerator adds eight new companies to latest cohort

Eight companies have joined the Tehnopol AI Accelerator in Estonia, developing AI solutions in education, compliance, procurement and retail. Grants of up to €10,000 available. [..]
Baltic Business Survey 2026: Estonia leads region for Swedish-linked investment intentions

Baltic Business Survey 2026: Estonia leads region for Swedish-linked investment intentions

The Baltic Business Survey 2026 shows 46% of Swedish-linked firms in Estonia plan to increase investment, the highest rate among the three Baltic states. [..]

Latvian National Armed Forces to launch two-tier cell broadcast alert system for air threats

The Latvian National Armed Forces will introduce a two-tier cell broadcast alert system from 23 May to warn the public about air threats in Latvian airspace. [..]
Paulig Saue plant expansion brings Swedish spice production to Estonia with nearly 100 new jobs

Paulig Saue plant expansion brings Swedish spice production to Estonia with nearly 100 new jobs

Paulig Saue plant expansion transfers spice production from Sweden to Estonia, with nearly 100 new production jobs planned at the facility near Tallinn. [..]
Fermi Energia narrows Estonia nuclear plant sites to three locations

Fermi Energia narrows Estonia nuclear plant sites to three locations

Fermi Energia nuclear plant sites in Estonia cut from six to three, with Madala, Malla and Letipea remaining under assessment for a planned 600 MW facility. [..]

With Lithuania running short of money, politicians eye new taxes

As Lithuanian politicians look for ways to raise revenue for the state budget, LRT.lt has learned that a higher value added tax (VAT), a more progressive personal income tax and [..]

Latio: Standardized apartment prices still lower than in 2007, but €100,000 invested during the crisis has quadrupled

The lowest point of the economic crisis in 2009 provided an opportunity for part of the population to invest free funds into real estate, as apartment prices fell by approximately [..]

For the first time, all light installations will be accompanied by audio descriptions for blind and partially sighted people at Staro Rīga

Thanks to an initiative by SOCINTEGRA, people with visual impairments will be able to explore all 52 installations at one of Latvia’s largest light festivals. The annual Staro Rīga light [..]

Elenger replenishes regional gas stocks with regular LNG deliveries throughout the winter

From November to March, energy company Elenger will deliver at least five cargoes of liquefied natural gas (LNG) to the Baltic-Finnish region, totalling approximately 5 terawatt-hours (TWh). First of these [..]

Initial public consultations for the ELWIND offshore wind park have concluded.

From 4 to 6 November, initial public consultation meetings for ELWIND, the joint Latvian-Estonian offshore wind energy project, were held in Ventspils, Pāvilosta and Ziras. The meetings brought together around [..]

LIAA opens applications for foreign film productions and major events with €4.24 million available

The Investment and Development Agency of Latvia (LIAA) will accept project applications for the fifth round of its support programme for foreign film productions and major events from 25 November [..]

Latvia has the most MICHELIN newcomers in the Baltics this year – guide’s restaurants honored in Riga

On Thursday, November 5, at the “Palladium” concert hall, the Latvian restaurant awards ceremony organized by the Investment and Development Agency of Latvia (LIAA) honored the restaurants, their chefs, and [..]

Ministry of Economics support delivers first results in strengthening the resilience of regional tourism

The tourism sector in Latvia’s eastern border region has managed to recover from the wave of booking cancellations recorded in May and June (according to data from the Latvian Tourism [..]

Latvian companies to seek new business opportunities in energy projects

Registration is now open for an energy sector forum to be held on November 26 at the Great Amber Concert Hall in Liepāja. The forum will continue the Industry Days [..]

150 food industry representatives gather in Madona to discuss competitiveness and new markets

The competitiveness of Latvian food producers, changing consumer habits, and opportunities to develop higher value-added products were the main topics at the Industry Day organised by the Investment and Development [..]

Startup story: Vig-Sec Drone X NATO DIANA Estonian accelerator

Vig-Sec Drone develops Suite ACRE, a command-and-control platform designed to help defence, emergency services, and critical infrastructure operators safely coordinate drones, crewed aircraft, counter-UAS systems, and other sensors within a [..]

Latvia’s fintech boom: 20+ licences in 2026 and profits doubled as Fintech Pulse turns five

Fintech Pulse Forum in Riga on 27 November: new sector data, an Austrian banker who chose Latvia, and an exclusive interview with Alexander Browder. Latvijas Banka has issued more than [..]

Latvia joins European Defence Alliance to support business growth and attract investment

Latvia joined the European Defence Alliance in Paris on 2 November to expand cooperation between Latvian defence industry companies and European partners. The agreement was signed by Ieva Jāgere, Director [..]

Latvia launches AlliedTechLabs, an international centre for intelligent and resilient defence and dual-use technologies

Partners from the FutureG Office within the Office of the Under Secretary of War for Research and Engineering (U.S. Department of War), and NestAI, a European AI lab for defence, [..]

NATO’s DiBaX 2026 tests next-gen military communications to strengthen battlefield readiness

NATO’s Digital Backbone Experimentation 2026 (DiBaX 2026) took place in Latvia from October 19-30, under the leadership of NATO Allied Command Transformation (ACT), supported by the Latvian Ministry of Defence [..]

Baltic and international experts gather in Riga for the fifth annual Baltic Capital Markets Conference 2026

The Baltic Capital Markets Conference, the largest event dedicated to capital markets in the Baltics, will return to Riga for its fifth consecutive year on November 5 at ATTA CENTRE. [..]

Lithuanian lender secures €5 million in financing from Luxembourg fund

Lithuanian alternative lender Finpro has secured €5 million in financing from Luxembourg-based Quantic Receivables Fund. The funding will support small and medium-sized businesses in Lithuania across all sectors. Finpro co-founder [..]

Staggering price differences: soviet-era apartments in Vilnius cost as much as new-build homes in Riga

Although Riga’s Soviet-era apartment market remains active, price growth has been relatively modest, with transaction prices rising by up to 7%, according to estimates by real estate agency Latio. In [..]

Latvian ports chart a new course: seeking investment and business partners in France

From 3 to 6 November, representatives of Latvian ports and companies will travel to Dunkirk, France, on a trade mission organised by the Investment and Development Agency of Latvia (LIAA) [..]

Two held in Germany over Starlink attack in Lithuania

Two men suspected of having carried out an attempted attack on Starlink infrastructure in Lithuania are in custody in Germany, Lithuanian authorities said on Thursday. The men, who are both [..]

Cemvision selected for €27.5 million grant to build low-emission cement plant in Latvia

Swedish company Cemvision’s RE-MENT project has been selected to receive up to €27.5 million in funding from the European Union Innovation Fund to establish a commercial-scale low-emission cement plant in [..]

Mental Health Investment Bank opens today in Tallinn

Today at 16:00, a Mental Health Investment Bank will open in Ülemiste City, Tallinn, where people can invest time, attention and care instead of money. Created by the Estonian Coalition [..]

Olpha introduce a new diabetes medicine in the Baltics in partnership with international pharmaceutical company Adalvo

Latvian pharmaceutical manufacturer Olpha has signed a cooperation agreement with Switzerland-based international pharmaceutical company Adalvo to introduce a new medicine for the treatment of type 2 diabetes and weight management [..]

Demand for travel to Klaipeda remains strong in the off-season: Lux Express extends services

Lux Express is extending its Riga–Liepaja–Palanga–Klaipeda route until 3 January 2027 as passenger demand remains strong beyond the summer season. The route was initially planned as a seasonal service, but [..]

The Port of Riga to become a testbed for resilient maritime connectivity, as LVR Flote and HARDMODE sign MoU

LVR Flote, a provider of technical port services, and connectivity technology company HARDMODE have partnered to develop and test secure communications technologies for ports and the wider maritime sector as [..]

Venipak parcels can now be collected from parcel lockers with one tap on a phone

Venipak is introducing a new mobile app that will allow users to see all parcels linked to their account in one place, track their status, as well as register and [..]

Latvian restaurants to receive MICHELIN recognition announced on 5 November

On 5 November, an awards ceremony will take place at the Palladium concert venue in Riga, where the latest selection of Latvian restaurants featured in the MICHELIN Guide will be [..]

Europe’s back offices are shrinking. Small countries have already trained the workers who will survive

Lithuania has more global business service centres than it did a year ago, but its reported workforce is smaller. In its 2025 report, Invest Lithuania, the state investment agency, counted [..]

LIAA strengthens ties between Latvian entrepreneurs and Swedish investors during crown princess Victoria’s visit

During the visit of Crown Princess Victoria of Sweden to Latvia, the Investment and Development Agency of Latvia (LIAA) organised a meeting between Latvian women entrepreneurs and Swedish female investors [..]

Record competition in the tourism category of the Export and Innovation Awards 2026

Competition in the tourism category of Latvia’s Export and Innovation Awards 2026 has reached a record high, with 36 applications submitted – more than ever before. Twelve applicants have advanced [..]

The British Chamber of Commerce in Lithuania unveils new Executive Director, Board and competency-based governance model

The British Chamber of Commerce in Lithuania (BCCL) has elected a new seven-member Board, which will operate under an updated competency and accountability model over the next two years. Entrepreneur [..]

Power Mining launches Bitcube – the plug-and-play home Bitcoin miner for the Bitcoin-curious

Power Mining has announced its latest Bitcoin mining product – Bitcube, a palm-sized home mining device – built to be the first step into Bitcoin mining for the Bitcoin-curious. For [..]

Industry day in Madona to focus on food sector competitiveness and growth opportunities

In October, November and December this year, the Investment and Development Agency of Latvia (LIAA) will organise a series of Industry Days across Latvia’s regions, focusing on the food, energy, [..]

Poland denies report that Sunday’s drone was launched from Lithuanian territory

By Jurga Bakaitė, LRT.lt Poland’s Defence Ministry has denied a media report claiming that a drone that exploded in Lithuania on Sunday was launched from Lithuanian territory, urging the public [..]

Airhub Aviation expands A320neo and Boeing 737 MAX base maintenance scope, advances A220 strategy

Airhub Aviation, an aircraft lifecycle management company specialising in aircraft asset management, maintenance, component repair management and end-of-life solutions, has expanded its base maintenance scope to include Airbus A320neo aircraft [..]

From spreadsheets to autonomous tractors: AI’s growing role in farming

Artificial intelligence (AI) is increasingly being used in Estonian agriculture, helping farmers process data, analyze information, and manage daily operations more efficiently, according to Estonian public broadcaster ERR. Airika Verrev, [..]

Tallinn, Tartu and Pärnu: cities must be involved in shaping the EU’s next funding period

Tallinn, Tartu and Pärnu believe that greater consideration must be given to the needs of urban regions when planning the European Union’s next funding period. To this end, the three [..]

€32.54 million to be invested in green innovation in Latvian companies with support from Norway grants

A total of €32.54 million has been allocated to support green and digital innovation in Latvia, develop new products and technologies, strengthen business competitiveness, and remediate a contaminated site in [..]

Home café days attracted more than 84,000 visitors across Latvia this summer

From July 4 to September 13, Home Café Days showcased Latvia’s regional flavours, traditions and hosts’ stories across 40 destinations. The event attracted 84,041 visitors, an increase of 3.6% compared [..]

Lithuania gains Ukraine’s drone production technology, says Minister R. Kaunas

Wednesday, during the visit of the Minister of National Defence to Ukraine, Lithuania’s Pekkla UAB and Ukraine’s December One RND Ltd signed a Letter of Intent on cooperation in production [..]

Prices of soviet-era apartments in Riga remain at 2006 levels, while wages have increased 4.5 times

Apartments in Soviet-era residential buildings still account for nearly half of all housing transactions in Riga, with 3,626 transactions registered in the city by October this year. Although transaction prices [..]

NATO Secretary General meets Estonian leaders and visits Ämari Air Base

NATO Secretary General Mark Rutte visited Estonia on Wednesday (14 October 2026), holding talks with President Ülle Madise, Prime Minister Kristen Michal, Foreign Minister Margus Tsahkna and Defence Minister Martin [..]

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