Estonia

Estonia opens new business center in Berlin

November 19, 2025

Estonia opened a business center at its Berlin embassy, giving Estonian companies a hub for events that promote exports, strengthen business ties, and boost Estonia’s profile. Germany is Estonia’s fifth-largest [..]

Latvia

AS CleanR Grupa bond offering significantly oversubscribed – demand more than double the target amount

November 12, 2025

AS CleanR Grupa (the Group), a group of leading companies in the environmental services sector in Latvia, has significantly exceeded the size of its bond issue during the public offering. [..]

Lithuania

British enterpreneur aims to convince foreigners: Lithuania offers plenty of opportunities

October 25, 2025

By Austė Sargytė, LRT.lt. Forty-two million views and over 48 thousand followers on social media. A new venture – the Skanaus discount card – already counts 50 partner restaurants in [..]

Lithuania

Lithuania’s Teltonika opens four new factories in €320m high-tech investment

September 19, 2025

By Jonas Deveikis, LRT.lt. Lithuanian technology company Teltonika has opened four new factories in the capital as part of a €320 million investment aimed at boosting domestic production of electronic [..]

Lithuania

Lithuanian, Finnish company investment approved

January 17, 2025

Atsinaujinancios Energetikos Investicijos, which is managed by the investment management firm Lords LB Asset Management, has partnered with Taaleri Energia from Finland to obtain permission to acquire 50% of PV [..]

Lithuania

Lithuania’s Civinity buys 10 pct stake in Latvia’s Mobilly

August 15, 2024

Civinity, a Lithuanian building maintenance and engineering solutions groups, has acquired a 9.99 percent stake in Mobilly, a Latvian mobile payments company, from its existing shareholders for an undisclosed value. [..]

Lithuania

Lithuania’s Eika to invest EUR 70 mln in logistics warehouses in Poland

August 14, 2024

Lithuania’s Eika Group said on Tuesday that its investment management company Eika Asset Management (EAM) is planning to invest over 70 million euros in the construction of logistics warehouses in [..]

Latvia

Latvenergo invests nearly EUR 6 million in solar power plant in Birzi

July 25, 2024

Latvian energy group Latvenergo has invested nearly EUR 6 million to develop a new solar power plant in Birzi, Jekabpils municipality, LETA was told at the company. The 11.7 MW [..]

Lithuania

Swedbank, SEB lend EUR 20 mln for Teltonika’s electronics assembly plant

July 24, 2024

Swedbank and SEB Banks have jointly lent 20 million euros, 10 million euro for the construction of an electronics assembly plant in the Teltonika High-Tech Hill technology park in the [..]

Lithuania

Lidl Lithuania to cut share capital by EUR 30 mln, return funds to shareholder

July 24, 2024

Lidl Lietuva, a leading supermarket chain in Lithuania, is reducing its authorized share capital by 30 million euros, with the funds to be paid to its sole shareholder, the German [..]

Estonia

Swedbank: Some 38,000 people in Estonia have increased 2nd pillar contributions

July 5, 2024

During the first half of 2024, almost 38,000 people in Estonia submitted applications to increase their monthly contributions to the second pension pillar from next year. More than half of [..]

Estonia

Estonia to offer bonds to residents

July 4, 2024

For the first time this year, the Estonian government plans to issue bonds for the country’s residents, which would bear a fixed interest and be traded on the Tallinn Stock [..]

Lithuania

Russia’s Gruppa Okean has acquired Lithuanian Viciunai Group’s business in Russia

April 19, 2024

Viciunai Group, a fish and other food production and trading group owned by Kaunas Mayor Visvaldas Matijosaitis and his business partner Liudas Skierus, has sold its entire business in Russia [..]

Opinions

From economic point of view, Latvia has taken advantage of EU opportunities – Dombrovskis

April 9, 2024

From the economic point of view, Latvia has benefited from the opportunities offered by the European Union (EU) over the years, and despite the crises, we have come much closer [..]

Lithuania

Lithuania mulls easing construction rules in preparation for Rheinmetall project

April 3, 2024

The Economy and Innovation Ministry proposes to amend several laws to enable major Western arms and ammunition producers, including Germany’s defense industry giant Rheinmetall, to swiftly relocate production to Lithuania. [..]

Estonia

Estonian company Fibenol investing €700 million in biorefinery in Latvia

March 17, 2024

Estonian company Fibenol is investing €700 million in a biorefinery in Latvia. As recently as 2022, the company’s main shareholder Raul Kirjanen, had not ruled out the possibility of building [..]

Lithuania

AirBaltic offers shares to Lithuanian, Estonian govts

March 6, 2024

Latvia’s national airline airBaltic has offered the Lithuanian and Estonian governments to buy its shares, the Estonian Postimees news website reports. Martin Gauss, the company’s board chairman, told the website [..]

Latvia

Euro currency helps promote foreign and domestic investment – Dombrovskis

January 26, 2024

The use of the euro currency removes uncertainty about a country’s future monetary policy, strengthens external credit ratings, reduces the cost of public and private financing, and all this helps [..]

Lithuania

Minister invites US defense giant Lockheed Martin to invest in Lithuania

January 22, 2024

Foreign Minister Gabrielius Landsbergis invited Lockheed Martin to invest in Lithuania as he met with the US military industry giant’s top executives in Davos on Thursday. “We offer the best [..]

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. [..]

Latvia

Linstow subsidiary buys seven properties adjacent to upcoming Satekles Business Center for EUR 4 million

December 19, 2023

Linstow Group’s subsidiary Satekles Business Center has completed acquisition from three separate owners of seven interrelated properties adjacent to the upcoming Satekles Business Center in Riga, as Linstow Baltic representatives [..]

Latvia

Latvia is open to German investment in innovative technologies and renewable energy – Karins

November 3, 2023

Latvia is open to German investment in innovative technologies and renewable energy, especially the development of offshore wind farms, Foreign Minister Krisjanis Karins (New Unity) told his German colleague Annalena [..]