Estonia

Net Group Expands into Germany and Acquires Cybersecurity Company

April 4, 2025

Net Group, a leading Estonian business and software development company, is proud to announce its expansion into Germany with the acquisition of Cloud Ahoi GmbH, a technology company specializing in [..]

Latvia

Latvian company seeking contract manufacturer in United States

February 4, 2025

With the United States threatening to impose tariffs on goods from the European Union, the Latvian digital microwave data transmission equipment maker SAF Tehnika is looking for a contract manufacturer [..]

Lithuania

Danish company setting up shop in Lithuania

December 4, 2024

The Danish logistics company LS Intertank is opening up shop in Lithuania and plans to hire up to 70 drivers there. The company hopes to become a regional leader over [..]

Lithuania

Latvian company plans expansion in Lithuania

November 15, 2024

The Longo Group is the largest Latvian-owned used car dealer in the Baltic States, and it is planning to expand in Lithuania after issuing a EUR 10 million bond issue, [..]

Estonia

Estonian company expands to Finland

November 11, 2024

Milrem Robotics is a Tallinn-based developer of robotics and autonomous systems, and it has just opened a subsidiary in Finland with an office in Helsinki. “We are continuing to expand [..]

Lithuania

US company to expand operations in Lithuania

October 11, 2024

The US-based medical technology company Dexcom has announced that it will expand its clinical affairs team to Lithuania after opening an initial office in Vilnius four years ago. The company [..]

Lithuania

Lithuanian furniture company seeks expansion to United States

October 2, 2024

SBA Home, a furniture manufacturer that is part of the SBA Group in Lithuania, is planning to launch production of storage furniture in the United States, says the company’s CEO, [..]

Lithuania

SEB Global Services expands to Kaunas

August 15, 2024

The Vilnius-based services center of Sweden’s financial group SEB has opened a technology unit in Kaunas. The Kaunas office currently employs 20 people, but more jobs are planned in response [..]

Lithuania

Latvia’s Virsi opens 1st fuel station in Lithuania

August 4, 2024

Virsi-A, a Latvian energy trading company, has opened its first fuel station in Lithuania. It is located on the A5 motorway near the southern city of Marijampole, the company said [..]

Lithuania

Sweden’s Pax2pay launches operations in Vilnius

August 1, 2024

Pax2pay, a Swedish digital payments company, has set up its business in Lithuania. According to the Center of Registers, the company was established in Vilnius on July 26 and is [..]

Lithuania

Singaporean fintech Telcoin establishes 2nd company in Vilnius

July 26, 2024

Telcoin, a Singaporean fintech company, has established its already second company in Lithuania. Telcoin was established in Vilnius on July 18 and is led by David Stuart, a UK citizen [..]

Lithuania

Germany’s Datagroup to provide IT services in Lithuania, hire 30 employees

July 19, 2024

Datagroup Operations Lithuania, a newly established business of German IT company Datagroup in Lithuania, will provide IT services to the German company. According to Melanie Held, marketing consultant at Datagroup [..]

Estonia

Olerex expands into restaurant, accommodation business

March 19, 2024

Olerex has opened the Vao Center, comprising a 22-room business hotel and a restaurant with 130 seats, on the outskirts of Tallinn, becoming the first fuel seller in Estonia to [..]

Lithuania

Poland’s Pekao mulls setting up branch in Lithuania, c. banker confirms

January 10, 2024

Gediminas Simkus, the central bank’s governor, has confirmed a report by BNS that Pekao, one of Poland’s largest banks, is considering opening a branch in Lithuania. “In the second half [..]

Lithuania

Deutsche Bank considers opening service center in Lithuania, official confirms

January 8, 2024

Elijus Civilis, general manager of Invest Lithuania, the government’s foreign investment promotion agency, confirmed on Friday that Deutsche Bank, Germany’s largest lender, is considering opening a service center in Lithuania. [..]