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 [..]
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 [..]
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 [..]
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 [..]
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 [..]
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 [..]
Annual inflation in Lithuania is currently significantly higher than the euro area average. According to preliminary estimates, inflation in September 2026 stood at 3.8% in the euro area and 6.1% [..]
JSC Grindeks’ subsidiary in Lithuania Ltd Grindeks Kalceks has received the “Strongest in Lithuania 2026” (Stipriausi Lietuvoje) recognition, confirming the company’s financial stability, reliability and responsible business practices. “Strongest in [..]
Trials of a private 5G network at Klaipėda Port in Lithuania have successfully concluded, marking a key milestone in defining the port’s digital future. Santa Monica Networks and Latvian telecommunications [..]
By Evaldas Labanauskas, LRT.lt. The European Commission is “carefully assessing” a request from the Baltic states for 500 million euros to strengthen defences against drones, saying it understands the security [..]
Gabrielė Jankienė, LRT.lt. For Marija, a recent drone incident over Lithuania was a reminder that emergency preparedness could no longer be something to think about later. The Vilnius resident had [..]
Minister of Economy and Innovation Edvinas Grikšas has signed a large-scale investment project agreement with Lithuanian defence technology company RSI Europe. The company plans to invest up to €50 million [..]
The Lithuanian economy will continue to grow this year, but households will feel the impact of rising prices more acutely as energy costs increase. Average annual inflation is projected to [..]
Lithuanian energy technology company Inion Software has launched a virtual power plant (VPP) platform for solar and wind plants, battery energy storage systems (BESS) and other distributed energy assets. The [..]
Marking the Independence Day of Ukraine, UNITED24, Ukraine’s official fundraising platform, and TransferGo, the global fintech company empowering the world on the move, have launched the Transfers That Unite campaign [..]
By Ieva Radzevičiūtė, LRT RADIJAS, LRT.lt. UK’s University of Cambridge is considering establishing a professorship in Lithuanian studies. The permanent academic post would focus on research into Lithuania’s history, culture [..]
By Vesta Silantjevienė, Irma Janauskaitė, LRT TV, LRT.lt. Residents priced out of the Vilnius housing market are increasingly looking to regional cities, but finding affordable homes there is becoming more [..]
By Jonas Deveikis, LRT.lt. Latvian airline airBaltic will offer 10 direct routes from Lithuania next summer, half as many as this summer, when it operated 22 routes, the company’s planned [..]
Building on more than 22 years of CDMO experience across biologics and advanced therapies, Northway Biotech is significantly expanding its development and manufacturing capacity with a new 3,500 sq. m [..]
Helsinki and Lithuania, 1 September 2026 – Capalo AI, a sustainable technology company specializing in optimization and trading of renewable and hybrid energy assets, has entered into a partnership with [..]
Minister of the Economy and Innovation Edvinas Grikšas and a DEMZ representative singed a large-scale investment contract on building a new ammunition factory in Lithuania. The investment will produce up [..]
Sallaum Lines today announced the launch of Sallaum Logistics Ltd, a dedicated European automotive logistics company that extends Sallaum’s ocean vehicle-transport network onto the road- giving manufacturers and dealers a [..]
By Elizabet Beržanskytė, LRT.lt. While this summer’s headlines have focused on record-low water levels on the Rhine, Danube and Vistula, Lithuania’s own rivers have been in slow decline for three [..]
By Irma Janauskaitė, LRT TV, LRT.lt. One of Saudi Arabia’s largest food and retail groups, BinDawood, is considering investing in Lithuania’s dairy industry, potentially by building a new processing plant [..]
By Jonas Deveikis, LRT.lt. Latvia’s national airline airBaltic is facing mounting financial pressure after S&P Global Ratings cut its credit rating to CCC- from CCC+, warning that the carrier may [..]
By Edvardas Špokas, Irma Janauskaitė, LRT TV, LRT.lt. Lithuanian authorities are investigating whether the Russian-owned discount supermarket chain Mere, forced to close following European Union sanctions, has re-emerged under a [..]
On Nemunas Island in Kaunas, Lithuania, a striking architectural experiment invites visitors to reconsider what’s possible in both physics and design. The centerpiece is a 250-tonne metal disc, seemingly suspended [..]
Ordero, a startup building a meal-ordering platform serving everything from schools and kindergartens to businesses, has raised a €150,000 investment from venture capital funds FIRSTPICK and Lost Astronaut. The investment [..]