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New Virši full-service fuel station and 24-hour convenience store at Vienības gatve 179 in Riga

Virši opens a new service station on Vienības gatve in Riga following a EUR 2.2 million investment

Latvian energy commodities trader and convenience store network Virši has opened a new full-service station at Vienības gatve 179 in Riga. Total investment in the project, including land and buildings, [..]

Signet Bank provides over EUR 3 Million in financing for battery energy storage facility in Riga

SW Power SIA, part of the Swedish energy group Byhmgard, has signed a loan agreement with Signet Bank for more than EUR 3 million to finance the construction of a [..]

Austrian IT company JTM digital joins Helmes Group establishing group’s presence in Austria

Helmes has acquired 70% of Austrian software development and consulting company JTM digital, which significantly strengthens their presence and reach inthe DACH region. The current management of JTM digital will [..]

Cosmetics exhibition stand at an international trade fair

Polish Investment and Trade Agency to represent cosmetics sector at Cosmoprof Asia 2026

PAIH will represent Poland's cosmetics industry at Cosmoprof Asia 2026 in Hong Kong, hosting networking events and a press conference on 12 November. [..]
Blue Lagoon Corp. raises ISK 14.3 billion in completed share offering on Nasdaq Iceland

Blue Lagoon Corp. raises ISK 14.3 billion in completed share offering on Nasdaq Iceland

Blue Lagoon Corp. has completed its public share offering on Nasdaq Iceland, selling 150 million shares at ISK 95 each and raising just under ISK 14.3 billion. [..]
HENSOLDT appoints Viktoria Stürmer-Kuchelmeister as Head of Global Sales, Business Development and Strategy

HENSOLDT appoints Viktoria Stürmer-Kuchelmeister as Head of Global Sales, Business Development and Strategy

HENSOLDT appoints Viktoria Stürmer-Kuchelmeister as Head of Global Sales, Business Development and Strategy from 1 January 2027, joining the Executive Committee. [..]
Modern office building exterior in Finland

Finnvera posts EUR 417 million profit for first nine months of 2026, up 16%

Finnvera Group reports EUR 417 million profit for January-September 2026, up 16%, driven by loss provision reversals and higher fee income. [..]
People working in a modern startup office in Finland

Finland identifies 331 new startups in 2024, a 28% rise from 2023

Finland identified 331 new startups in 2024, a 28% increase from 2023, as Business Finland and FiBAN data show the ecosystem returning to growth. [..]
Finnvera and European Commission sign EUR 240 million guarantee deal for Ukraine reconstruction

Finnvera and European Commission sign EUR 240 million guarantee deal for Ukraine reconstruction

Finnvera and the European Commission have signed a EUR 240 million guarantee agreement to fund Finnish exports and investments in Ukraine's reconstruction. [..]
WB Group opens German subsidiary and acquires Bavaria-based propulsion company

WB Group opens German subsidiary and acquires Bavaria-based propulsion company

Polish defence group WB Group has launched WB Germany in Berlin and acquired a Bavaria-based propulsion company as it enters the German defence market. [..]

Experts: Baltic capital market development requires decisive action and greater investment

On November 5, Riga hosted the fifth annual Baltic Capital Markets Conference 2026, the largest capital markets event in the Baltics, bringing together 650 participants and 46 speakers, including local [..]

CleanR Grupa considers second bond tranche under its EUR 50 million programme

AS CleanR Grupa, a group of leading companies in the environmental services sector in Latvia, is considering a second public bond offering under its existing bond programme. The decision on [..]

Microsoft 365 outage disrupts Outlook, Teams and Copilot as recovery efforts continue

A widespread Microsoft 365 outage disrupted Outlook, Teams, Copilot and other cloud services, affecting businesses, organisations and individual users across multiple regions. Microsoft has been working to restore affected infrastructure [..]

Baltic electricity prices surge as 1,400 MW of generation capacity remains offline

Electricity prices across the Baltic states have surged in November as maintenance at major power plants, weak wind generation and expensive electricity imports from Central Europe tighten regional supply. Nearly [..]

NORDEFCO ministers agree to develop Nordic Defence Cooperation Agreement

NORDEFCO defence ministers meeting in Oslo agreed on 12 November 2026 to begin developing a Nordic Defence Cooperation Agreement aligned with NATO. [..]

Quantum Systems repels cyberattack targeting European defence firm

Quantum Systems contained an active cyberattack in late October 2026, reporting the incident to authorities and confirming no risk to users of its unmanned systems. [..]
ICEYE signs contract to supply flood and wildfire monitoring to Civil Security Hub Poland

ICEYE signs contract to supply flood and wildfire monitoring to Civil Security Hub Poland

ICEYE signs a contract to provide flood, wildfire and river ice monitoring to Civil Security Hub Poland under ESA's Space Resilience Nodes initiative. [..]
Finland proposes changes to Conscription Act to expand reservist training abroad

Finland proposes changes to Conscription Act to expand reservist training abroad

Finland's government has submitted a bill to Parliament amending the Conscription Act to expand reservist training abroad and cap refresher exercise days at 200. [..]
Biomatter raises $18M Series A to expand AI enzyme design operations in Vilnius

Biomatter raises $18M Series A to expand AI enzyme design operations in Vilnius

Biomatter closes an $18M Series A led by Astanor to build a new AI enzyme design facility in Vilnius and expand its US commercial presence. [..]

Wolfram Europa plans €200 million explosives facility in Jēkabpils

Estonian defence firm Wolfram Europa is investing up to €200 million in an explosives and warhead production facility in Jēkabpils, Latvia, with output starting late 2027. [..]

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 [..]

This winter could bring an energy crisis on the scale of 2022

By Roberts Samtiņš, Head of AJ Power Group. In 2022, the energy crisis was largely the price we paid for Russia’s war against Ukraine. Today, a combination of new geopolitical [..]

Deutsche Börse Group launches 24/7 tokenized DAX 40 trading on 360X

Deutsche Börse Group makes tokenized DAX 40 equities available 24/7 on 360X via xStocks, reaching investors in more than 110 markets worldwide. [..]

Mārtiņš Rītiņš Award takes shape with support from Vincentbooks

Some stories do not end with the final page of a book. They live on in people, ideas and actions that inspire others. One such story is that of Mārtiņš [..]

FNZ Bank Clearstream deal consolidates fund dealing and post-trade activities

FNZ Bank SE selects Clearstream to consolidate fund dealing and post-trade activities, expanding an existing partnership through the Vestima platform. [..]
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. [..]

Norges Bank financial stability report warns of increased risk from geopolitical tensions and cyber threats

Norges Bank financial stability report warns of rising risks from geopolitical tensions and cyber threats, while keeping the capital buffer rate at 2.5%. [..]
Iceland market expectations survey shows faster rate cuts anticipated from mid-2027

Iceland market expectations survey shows faster rate cuts anticipated from mid-2027

Central Bank of Iceland's November 2026 market expectations survey shows participants forecast faster rate cuts from Q3 2027 and lower long-term inflation. [..]
Saab Denmark live training order worth SEK 350 million secured from Danish defence agency

Saab Denmark live training order worth SEK 350 million secured from Danish defence agency

Saab receives a SEK 350 million Saab Denmark live training order from the Danish Defence Acquisition and Logistics Organisation, with deliveries in 2026–2028. [..]
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. [..]

Valdis Valters and Māris Martinsons on VEF Rīga’s revival, Porziņģis’s popularity and children in sport

When VEF Rīga was revived, one of the original aims was to give young basketball players an opportunity. Later, the professional team’s results took centre stage. How can clubs nurture [..]

Landsbankinn online banking gets redesigned platform for individual customers

Landsbankinn online banking gets redesigned platform for individual customers

Landsbankinn online banking for individuals has been relaunched with app-aligned design, integrated chat support, and plans for additional features in coming weeks. [..]
Poland Pentagon talks advance permanent US military base and defence industry partnership

Poland Pentagon talks advance permanent US military base and defence industry partnership

Poland Pentagon talks on 10 Nov 2026 signal progress on a permanent US military base and a new bilateral defence industry declaration of intent. [..]
Blue Lagoon Corp. share offering opens on Nasdaq Iceland listing

Blue Lagoon Corp. share offering opens on Nasdaq Iceland listing

Blue Lagoon Corp. share offering runs 10–13 November 2026 via Landsbankinn, with Nasdaq Iceland Main Market listing expected on 20 November. [..]

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. [..]
Central Bank of Iceland gains access to Eurosystem EUREP repo facility

Central Bank of Iceland gains access to Eurosystem EUREP repo facility

The Central Bank of Iceland has completed onboarding to the Eurosystem EUREP repo facility, gaining access to up to €50 billion in temporary euro liquidity. [..]
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. [..]

HENSOLDT and Dronamics demonstrate ISTAR and airborne early warning on Black Swan UAV

HENSOLDT and Dronamics complete flight demos of HENSOLDT Dronamics airborne early warning system on the Black Swan UAV, targeting Europe's Eastern Flank. [..]
NATO selects Terma company OSL for counter-drone marketplace

NATO selects Terma company OSL for counter-drone marketplace

NATO picks OSL Technology, a Terma subsidiary, for its new C-UAS counter-drone marketplace, giving allies faster access to proven drone defence solutions. [..]

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 [..]

Housing crisis – The EU now needs effective measures and practical solutions to make housing affordable

At a high-level conference co-organised with Eurofound, the EESC highlighted the need for coordinated solutions to Europe’s housing issues, which have become one of today’s most pressing social and economic [..]

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 [..]

Vodafone cuts 2,300 jobs in Germany, slashing workforce by some 20%

Telecommunications group Vodafone is implementing a far-reaching cost-cutting and restructuring programme in Germany, with over 2,000 jobs set to go. Marcel de Groot, head of Vodafone Germany, told staff on [..]

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 [..]

Signet Bank provides 9.1 million euro in financing for the development of the Jūrmala hybrid energy park

Signet Bank, a leading corporate finance bank providing lending, capital raising, and asset management services to Latvian entrepreneurs and companies, has provided EUR 9.1 million in financing to SIA Jūrmalas [..]

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