Europe

Orpo Government: Finnish economy growing and Government taking targeted measures to boost growth

The Government of Prime Minister Petteri Orpo reached a decision on its budget proposal for 2027 and is steadily implementing the agenda it agreed at the spending limits session. The [..]

German plants ponder future after VW board backs 50,000 job cuts

By dpa correspondents. Wolfsburg, Germany (dpa) – The surprise agreement of a comprehensive savings package featuring 50,000 job cuts at Europe’s largest carmaker Volkswagen caused consternation across Germany on Friday, [..]

Proserv, part of the Ecol Group, to modernise combined-cycle steam turbine for PGE Energia Ciepła in Gorzów Wielkopolski

The contract, worth more than PLN 20 million, covers the modernisation of the TG6 steam turbine operating within a combined-cycle power unit, together with its auxiliary equipment. The work will [..]

Bundesbank president expects stronger German economic growth

Strong exports and resilience despite the oil price shock: the German economy is faring better than expected. The DIW and the Bundesbank are becoming more optimistic about the outlook. Yet [..]

Sold-out Tech Race Summit opens global technology insights to audiences worldwide

The first Tech Race Summit, taking place in Warsaw on 10 September, is sold out, but its technology programme will be available to professionals worldwide through online access. The new [..]

German-French rover set for October launch on journey to Mars moon

By Annett Stein, dpa. Berlin (dpa) – A Japanese space probe carrying a German-French rover is set to begin its journey to Mars in October, with the rover eventually due [..]

Iute Group continues building its digital banking business across Southeast Europe

Iute Group, a provider of lending, payment and insurance services in Southeast Europe, increased its total income by 11.1% year-on-year to EUR 66.1 million in the first half of 2026. [..]

Germany growing again after three-year recession, says Merz

Chancellor Friedrich Merz has said Germany is on the road to economic recovery, declaring that the country is growing again after three years of recession. “We have three years of [..]

Capalo AI and European energy partner to extract full market value from two Baltic hybrid assets

Capalo AI, a sustainable technology company specialising in optimization and trading of renewable and hybrid energy assets, has entered into a partnership with European Energy, a leading international developer of [..]

Laude Smart Intermodal shows no signs of slowing down

For the Polish carrier, Ukraine is a long-term investment that may be further strengthened in the coming months by a terminal located along one of the key railway lines in [..]

Six defence startups receive EU funding for tests in Ukraine

Six defence startups from Sweden, Finland, Estonia, Latvia, Poland and France have been awarded grants through the EU programme BraveTechEU. This was announced by EU Commissioner for Defence and Space [..]

Germany’s Uniper signs long-term gas supply deal with Norway’s Equinor

Essen, Germany (dpa) – German energy company Uniper has signed a long-term natural gas supply agreement with Norwegian producer Equinor, with deliveries of more than 30 terawatt hours per year [..]

BGK and EIF invest €30 million in new Inovo fund under Future Tech Poland programme

The European Investment Fund (EIF) and Bank Gospodarstwa Krajowego (BGK) have invested €30 million (approximately PLN 129 million) in a new venture capital fund managed by Inovo.vc. This is the [..]

Sambla Group activates its Credit Market Company authorisation and enters the next phase of growth

Sambla Group has activated its authorisation as a Credit Market Company, commencing operations under the authorisation granted by the Swedish Financial Supervisory Authority (Finansinspektionen) in June 2026. This marks the [..]

A tiny pore identifies cyanobacteria toxins in lake water

EPFL researchers have developed a nanopore sensor that distinguishes seven toxins from cyanobacteria blooms, and can detect one common toxin at concentrations far below World Health Organization guidelines. Cyanobacterial blooms, [..]

From Poland for the army of the Kingdom of Sweden

As many as 45 heavy recovery and technical rescue vehicles for the Armed Forces of the Kingdom of Sweden will be delivered by the company “Szczęśniak Pojazdy Specjalne” (Szczęśniak Special [..]

Swimmers warned against toxic algae in Baltic Sea and German lakes

Kiel, Germany (dpa) – Potentially toxic blue-green algae have spread in the Baltic Sea and in lakes on Germany’s northern coastline, prompting health authorities to issue warnings to bathers to [..]

Avoiding security alert fatigue: The example of a global tech award-winning platform

Around 63% of enterprise security operational alerts go uninvestigated. That statistic should give any security expert pause. The problem isn’t with the attention to alerts or the effort with team [..]

Germany’s switch to electric cars hits record high – even in used cars

Berlin (dpa) – Growing numbers of German drivers are switching to electric cars, with the used vehicle market now also seeing a surge in uptake, according to new data from [..]

First Lufthansa Jet with Starlink Wi-Fi next week

Frankfurt (dpa) – Lufthansa Group passengers will in future be able to surf the internet and stream using their own devices, the German carrier said on Monday. The first aircraft [..]

Iute expands Myiute with integrated shopping service iuteMarket

Iute Group has expanded its digital banking ecosystem with iuteMarket, an integrated shopping service in the Myiute app. Customers can now discover, finance and purchase products in one place. Alongside [..]

Tech Race Summit expands global line-up with Tesla and PandaDoc leaders

Tech Race Summit, the number one cross-industry, high-level technology summit organised by SOFTSWISS, continues to expand its programme with speakers from some of the world’s most recognised technology companies. Joining [..]

Venipak records a record first half: revenue grows to EUR 48 million

Logistics company Venipak, which, as recently announced, is becoming part of DHL eCommerce within the DHL Group, generated EUR 48 million in revenue across the Baltic States in the first [..]

Easier aircraft refuelling at 20 airports in Poland

Thanks to the strategic cooperation between Warter Fuels and Awix, General Aviation pilots can now refuel at dozens of airports across Poland that have agreements with the two fuel suppliers, [..]

Storent increases Q2 revenue to €17.7 million and prepares for a bond offering

Storent, an equipment rental company operating in the Baltic States, the Nordic countries and the United States (US), increased its total revenue by 13.2% year-on-year to €17.7 million in the [..]

Biomass gains importance in rail freight transport

Biomass is becoming one of the key sources of renewable thermal energy in Poland. Analyses published last year indicate that Poland’s demand for biomass will reach 6 million tonnes annually [..]

SOFTSWISS Tech Race Summit 2026 confirms exclusive line-up: Leaders from AWS, Oracle, and Cloudflare

SOFTSWISS, a global technology provider for the iGaming industry, announces a strong speaker line-up for its Tech Race Summit 2026, taking place on 10 September 2026 in Warsaw. The event [..]

DHL to acquire Venipak, strengthening its position across the Baltic region

DHL, one of the world’s leading logistics companies, has signed a definitive agreement to acquire Venipak Group. Through the acquisition of Venipak companies in Lithuania, Latvia, and Estonia, DHL will [..]

Sports carmaker Porsche to cut another 5,000 jobs

Stuttgart (dpa) – German sports car manufacturer Porsche is cutting a further 5,000 jobs in the Stuttgart region. The company said on Monday that it has agreed with the works [..]

OTP Bank to acquire Luminor, opening a new chapter in Baltic financial markets

OTP Group to enter the Baltic markets, expanding its presence to 14 countries and increasing its total assets by over 10%, while the share of its operations within the euro [..]

GetJet Airlines reports €165 million revenue and €13 million EBITDA, reinvests profits to strengthen resilience amid market volatility

GetJet Airlines delivered stable financial results in 2025. The company generated €165 million in revenue (2024: €164 million), while EBITDA increased by nearly 20%, from €10.9 million to €13 million. [..]

Baltic Sea Region Hackathon 2026: Cross-border innovation for a safer future

How can free and secure societies endure in a world filled with crises and uncertainty? This is a question not only for global politics, but also for the students who [..]

Iceland assumes the CBSS Presidency with resilience at the centre of its agenda

Assuming the CBSS Presidency on 1 July 2026, Iceland will place resilience at the centre of its programme, with priorities ranging from hybrid threats and civil preparedness to child protection, [..]

Valve Service: safety valves – the last line of protection

Thousands of replaced and modernized valves, millions in cost savings, and uninterrupted production – this is the briefest summary of the Valve Service division launched by ZETKAMA in 2024. Continuous [..]

Air Canada flies from BER to Montréal

Berlin Brandenburg Airport has a new long-haul route. From today, Canada’s largest airline, Air Canada, is connecting the capital region with the city of Montréal. The new route strengthens the [..]

Netherlands becomes first country to invest in a software-first defence strategy through a partnership with Intelic worth more than 30 million euro

Amsterdam, Netherlands – July 3, 2026 – The Dutch Ministry of Defence has signed a strategic partnership worth tens of millions of euros with Dutch defence technology company Intelic to [..]

Masterform expands its presence in the medical technology market

Polish precision engineering company Masterform is expanding its production of high-precision components used in vacuum pumps, infusion pumps, and other medical devices. In addition to serving the domestic market, the [..]

Lockheed Martin and Insta Advance Europe’s first multiple launch rocket system common fire control cystem custainment centre

Lockheed Martin (NYSE: LMT) and Finnish technology company Insta are continuing to establish Europe’s first sustainment centre for the M270A2 and HIMARS® MLRS CFCS at Insta’s facility in Tampere, Finland. [..]

Rohlig SUUS Logistics accelerates CEECA expansion with team Poland support

Rohlig SUUS Logistics, Poland’s largest logistics operator, is continuing its expansion across Central and Eastern Europe and Central Asia (CEECA) with the backing of Poland’s development institutions. On 26 June, [..]

Scandal in Iceland: Minister for Foreign Affairs faces allegations of abuse of office and corruption

A serious political scandal is brewing in Iceland — one that could not only bring down the ruling coalition but also seriously damage the country’s bid to join the European [..]

Germany mulls compulsory assignment as Lithuanian brigade takes shape

German Defence Minister Boris Pistorius has pledged that Germany’s armoured brigade in Lithuania will be fully operational with 4,800 soldiers by the end of 2027, saying he would compel troops [..]

Poland demands shared lead in Ukraine war talks

Berlin (dpa) – Polish Foreign Minister Radosław Sikorski has criticized the leading role played by Germany, France and Britain in talks on ending the Ukraine war and insisted that Poland [..]

The EU’s fight against fraud needs more decisive action

The European Commission’s anti-fraud strategy covers the main elements needed to protect the EU budget, but the related action plans are often not ambitious enough, according to a new report [..]

Olpha to expand export of drug development and research services

JSC Olpha, the leading pharmaceutical manufacturer in the Baltics, continues to strengthen its research and innovation capabilities by establishing a new group company, Olpha Labs Ltd. The company’s objective will [..]

It’s time for AI infrastructure engineering

The rapid development of AI and cloud computing is driving the construction of ever more powerful data centres. Industrial valves play a key role in the reliability of cooling systems [..]

SHIELD‑6G project launched to strengthen cybersecurity for Europe’s future 6G networks

European consortium of 19 partners will develop AI-driven cyber threat intelligence, automated response, and resilient security capabilities for next-generation connectivity. A new European research and innovation project, SHIELD‑6G (Scalable, Hybrid, [..]

Tenarai Europe: thoughtful AI implementation in enterprises means faster decisions, fewer errors, lower operating costs, and better use of employees

According to the study How Polish Companies Implement AI, conducted by CubeResearch on behalf of EY among 499 medium-sized and large Polish companies in the last quarter of 2025, as [..]

Warter Fuels: an alkylate alternative to unleaded fuels

In urban areas, parks, gardens, and anywhere maintenance work requires the use of equipment powered by combustion engines, the use of conventional gasoline should arguably already be prohibited—especially since a [..]

AI-driven supercycle reshapes global investment landscape

In a new report SEB’s equity strategists outlines how artificial intelligence is driving a new “investment supercycle” that could reshape industries and markets over the next 10–20 years. According to [..]

Norwegian named Europe’s most punctual airline as it heads into the busy summer season

Norwegian has been named Europe’s most punctual airline in May 2026, according to the latest On-Time Performance (OTP) rankings from Cirium, the leading aviation analytics company. With an On-time performance [..]

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