Baltics

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 [..]

Minister: We have an agreement with Latvia that Rail Baltica will be built by 2030

Minister of Infrastructure Kuldar Leis (Reform) said there is an agreement with Latvia that the Rail Baltica line will be completed by the end of the decade despite concerns about [..]

Fake followers and frozen accounts: digital battle around Lithuania’s Nemunas Dawn

By Jurga Bakaitė, LRT.lt. Allegations have surfaced in Lithuania that critics of the political party Nemunas Dawn are being blocked on Facebook after sharing posts critical of the party, prompting [..]

Polish “affordable premium” brand “TATUUM” enters the Baltic market and will open its first store in Riga

A new player in the affordable luxury, or “affordable premium,” segment is entering the fashion market in Latvia. Polish clothing brand “TATUUM” will open its first store on 28 February [..]

Tallinn backs stronger role for cities in shaping EU funding and policy decisions

Tallinn joined other EU capital cities in calling for a stronger role for cities in shaping European Union policies and funding priorities as preparations begin for the EU’s next Multiannual [..]

A time capsule placed into the structure of the CENTRUS – new quarter of Riga city center

On Friday, 20 February 2026, a symbolic and significant event took place in the CENTRUS – a time capsule containing a message for future generations was placed into the structure [..]

Estonia reports record low number of traffic fatalities in 2025

The number of traffic fatalities fell to its lowest in decades in 2025, data shows. However, accidents with elderly pedestrians and young scooter riders are causing concern among experts. Last [..]

High productivity and competitive wages: Latvian Startup Report 2025 published

The Latvian Startup Association Startin.LV has published the annual report – Latvian Startup Report 2025, which marks a clear trend – startups in Latvia continue to grow and become an [..]

Do foreign firms get a smoother ride than local businesses in Lithuania?

By Žygintas Abromaitis, LRT TV, LRT.lt. Business leaders and investors say the previous government’s efforts to reduce bureaucracy have fallen short, while concerns persist that foreign investors enjoy more favourable [..]

Russian icebreakers operating in Baltic Sea near Estonia

Last week, Russian icebreakers appeared in the Baltic Sea near Estonia. Among them were one of the world’s largest nuclear-powered icebreakers “Sibir.” Russian exports through the Gulf of Finland have [..]

New U.S. ambassador to Latvia begins service, highlights security and economic cooperation

The newly appointed United States Ambassador to Latvia, Melissa Argyros, has officially begun her service, emphasizing the shared values and strategic priorities that define the partnership between the two countries. [..]

Vilnius prepares for possible Neris flooding as forecasters warn of thaw

By Modesta Gaučaitė-Znutienė, LRT.lt. Although freezing temperatures continue across Lithuania, authorities are urging residents in some areas to prepare for possible flooding if a thaw causes the Neris River to [..]

Latvia’s internationally recognised AML/CFT system strengthens its position as a leading EU fintech and Web3 hub

Latvia has received a landmark international assessment confirming the country’s effectiveness in combating money laundering, terrorism and proliferation financing, further strengthening its reputation as a secure, transparent and innovation-driven country. [..]

FREETOUR.com announces 2026 awards: Riga tour company named Best Worldwide

FREETOUR.com, the world’s leading platform for free walking tours, announced the winners of its 10th annual FREETOUR.com Awards 2026, celebrating the top free tours worldwide. Riga tour company Free Tours [..]

ACA Timber: Investments undertaken on the basis of Competition Council approval and valid long-term logging agreements

SIA ACA Timber, an international timber trading and logistics company backed by Latvian, Swedish and German investors, expresses serious concern regarding the potential termination of long-term logging agreements (LLA) with [..]

Estonian police to use drones to catch drivers running red lights

Tartu police plan to begin using a drone this spring to catch drivers who run red lights, as statistics show several of the country’s worst intersections for such violations are [..]

Latvian optical salon chain becomes the first in Latvia to introduce digital vision tests and AI-driven analysis

Latvia’s optical retail sector has significant potential for technology adoption – globally, digital and artificial intelligence solutions are increasingly used in vision diagnostics, while their integration in the local market [..]

Tallinn wants electric scooter rules enshrined in the law

E-scooter and moped rental companies are gearing up for the new season and want to review rules with Tallinn officials, while the city says traffic laws should be set nationally. [..]

LMT Group partners with the European Space Agency to develop global dual-mode satellite IoT

Latvian technology company LMT Group has announced a strategic 12-month development initiative in collaboration with the European Space Agency (ESA) to pioneer a new generation of universal IoT (Internet of [..]

BREP advances Estonia’s largest solar-plus-storage project, signs first Baltic FPPA, secures Swedbank financing

Mirova, an affiliate of Natixis Investment Managers dedicated to sustainable investing, and Evecon announce a series of major milestones supporting the acceleration of Estonia’s energy transition, through their jointly owned [..]

Food prices continued to rise in January

In January 2026, the consumer price index increased by 1 percent compared with December 2025 and by 3.7 percent on year, data from Statistics Estonia shows. Food prices rose by [..]

Signet Bank extends EUR 4 million loan to LED lighting manufacturer Vizulo

Signet Bank has granted a EUR 4 million loan to LED lighting solutions manufacturer Vizulo to develop energy-efficient and sustainable lighting solutions and strengthen the company’s competitiveness in international markets, [..]

One in five Lithuanians lives in poverty, among worst rates in EU

By Justina Ilkevičiūtė, LRT TV, LRT.lt. About one in five residents in Lithuania lives in poverty, the State Data Agency (VDA) reported, with the most affected groups including people struggling [..]

Over 600 Narva residents form heart-shaped human chain for Valentine’s Day

Ahead of Valentine’s Day, over 600 Narva residents gathered to form a human chain in the shape of a heart. A total of 45 local governments in Estonia supported the [..]

More than a “shipload of beans”: what does EU-India trade deal offer for Lithuania?

By Edgaras Savickas, LRT.lt. European Commission President Ursula von der Leyen has hailed the new EU-India free trade agreement as the “mother of all deals”, but economists say its immediate [..]

Apollo Group begins journey to the stock exchange

Apollo Group, a leading entertainment and restaurant operator in the Baltics with one million loyalty customers, is planning its journey to the stock exchange. As a first step, the company [..]

Exclusive urban spa to be added to Telliskivi’s new building complex

An exclusive new spa and sauna destination is set to enhance Telliskivi, introducing a next-level urban wellness experience and a new quality benchmark for the area. The spa will form [..]

For development of energy sector, it is important to think beyond electoral cycles – University of Latvia rector

When it comes to developing the energy sector, it is important to think in a longer perspective than an election cycle, University of Latvia rector Gundars Berzins said at the [..]

Estonian icebreakers free over 50 ships from ice-bound Baltic Sea coastline

Estonia’s icebreakers have freed over 50 vessels from the pack ice hemming in Estonia’s coastlines and shipping lanes since the start of the year. Two state-operated vessels, the Botnica and [..]

January district heating bills up by 50% compared to 2025

Cold January weather is hitting more than just electric heating users — district heating bills arriving next week will be nearly double those from December and last January. Residents of [..]

What is Lithuania spending its record-breaking military budget on?

By Žygintas Abromaitis, LRT TV, LRT.lt. Lithuania is allocating a record 4.79 billion euros to defence this year, with more than one-third of the budget earmarked for the acquisition of [..]

Tartu-Riga train changes hit rural Southern Estonia hardest

The new Tartu-Riga train schedule left many Estonians dissatisfied, but for southern residents who rely on the train, the change has thrown a wrench in daily logistics. One affected family [..]

Estonia strengthens energy resilience: hertz 1, one of continental Europe’s largest battery storage parks, opens in Kiisa

The Baltic Storage Platform (BSP) – a joint venture between Baltics leading renewable energy developer Evecon, French independent solar power producer Corsica Sole, and sustainable investment manager Mirova – today [..]

Wise co-founder: I live a pretty normal life in London

Wise co-founder Kristo Käärmann said despite everything the company has achieved he lives a fairly ordinary life. Talking to “Ringvaade” in a rare interview, Käärman, 45, who lives in London [..]

Baltic startup funding surged to €607 million in 2025 as early-stage investment expands

Baltic startup funding rose in 2025, with total venture capital deployed in Lithuania, Latvia, and Estonia startups reaching €607 million, up from €505 million in 2024. The details of this [..]

Five tips for better waste sorting at home

Waste sorting in Latvia is becoming increasingly important, as it has a direct impact on resource sustainability. However, sorting is often not of sufficient quality – many residents do not [..]

Ministry to use Danske Bank fine money to overhaul anti-corruption law

Justice Minister Liisa Pakosta says the Danske Bank money laundering case revealed that corruption is not currently being adequately prevented in financial institutions. A year ago, the United States allocated [..]

Russian special services remain most significant threat to Latvia’s security – State Security Service

Last year, the most significant threat to Latvia’s national security was invariably posed by Russian special services, and this year the level of Russian aggression will remain high and is [..]

US-based J.P. Morgan chosen as legal adviser for buyout of LMT and Tet

A team of advisers led by US-based J.P. Morgan has been chosen to provide legal advice for the transaction in which Latvia will buy out shares in Latvijas Mobilais Telefons [..]

GenZ at work: young Lithuanians change jobs frequently, employers try to adapt

By Vesta Silantjevienė, LRT TV, LRT.lt. Young people in Lithuania are changing jobs at a rapid pace, often cycling through several workplaces within a year, prompting employers to adjust schedules [..]

Estonia to ban Russian, Belarusian citizens without permanent residency from buying property

Estonia will ban Russian and Belarusian citizens without permanent resident status in the country from buying property, as well as companies acting on their behalf, citing security risks. While Estonia [..]

Latvia’s creative agency “McCann Riga” recognised as the best in the Baltics

“McCann Riga” has been named this year’s best creative agency in the Baltics. This title is awarded based on an overall ranking compiled from the most significant international advertising and [..]

The President of Lithuania discussed bilateral relations and regional security with the King of Denmark

The President of the Republic of Lithuania, Gitanas Nausėda, and the First Lady, Diana Nausėdienė, on Wednesday met at the Presidential Palace with King Frederik X of Denmark and Queen [..]

Leading commercial banks in Estonia see their profits fall in 2025

Swedbank and SEB posted lower profits in 2025, earning €261 million and €166.9 million respectively, as interest income declined and costs rose for both banks. Swedbank Estonia reported a net [..]

Does Lithuania have a plan B if America pulls back?

By Benas Gerdžiūnas, LRT.lt. Lithuania has staked its security on the United States and its military presence in the region as well as the unity of NATO. But if that [..]

City government scraps plans for bike lanes on major Tallinn streets

Tallinn has abandoned plans to build bike paths on Narva maantee and Liivalaia tänav, as it does not want to remove lanes for cars and has lost EU funding after [..]

SEB raises Latvia’s GDP growth projection for 2026 to 2.3%

SEB has raised its forecast for Latvia’s gross domestic product (GDP) growth this year to 2.3 percent from 1.9 percent in November 2025, according to the bank’s latest SEB Nordic [..]

Can your boss force you to quit? What Lithuanian law allows – explainer

Lithuania’s State Labour Inspectorate warns that an employee’s request to quit a job is lawful only if it reflects the worker’s genuine and free will, not pressure, deception or coercion [..]

Several major retail chains planning new stores

Estonia’s major grocery chains — Selver, Grossi and Coop — are continuing their active expansion this year and plan to open new stores in several locations. Selver plans to open [..]

Price of electricity to break 2026 record on Monday

On Monday, the average electricity price in the Nord Pool Estonia pricing area is €241 per megawatt-hour. At its peak, the price will exceed €500 per unit. Overnight, the electricity [..]

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