Events, data and analysis from the Baltic economies
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Estonia is growing again. SEB expects GDP to expand by 2.5% in 2026, 2.7% in 2027 and 2.8% in 2028 — respectable rates for an economy operating in much less favourable conditions than during the rapid convergence years.…
PhotoA cyberattack on Latvia’s Road Traffic Safety Directorate (CSDD) has developed into a wider governance crisis after authorities disclosed the scale of the breach and shortcomings in the institution’s cybersecurity arrangements. Data affecting 1.2 million individuals and around…
PhotoEstonia received €256.5 million from EU ETS carbon allowance auctions in 2025
PhotoLatvia paid €168.1 million from the state budget to NGOs in 2025. The funding went to 1,940 organisations — about 7% of the country’s 27,884 registered associations and foundations. The figures are at the centre of a sharp…
Photo13,000–15,000 vehicles cross Latvia’s Pāternieki border checkpoint in an average month.
PhotoBALTIC BIG FIGURE
PhotoThe Lithuanian-owned accessories brand is combining Asian manufacturing inputs with design, printing, assembly and global fulfilment in Kaunas. Its new facility shows how a digital-first exporter is turning international demand into physical industrial capacity at home. Lithuanian accessories…
PhotoMere stores in Latvia and Lithuania have closed after Russian businessman Sergey Schneider was added to the EU sanctions list. In Latvia, the chain operated 12 stores through SIA Latprodukti and the Latvian branch of Lithuania-registered Valiente. Latprodukti…
PhotoHungary’s OTP Group has agreed to acquire Luminor, the third-largest bank in Estonia and one of the few banking groups operating across all three Baltic states. The transaction has been estimated at approximately €1.8 billion, although the final…
PhotoLithuania’s State Tax Inspectorate, VMI, has published its taxpayer rankings for the first quarter of 2026.
PhotoAround 7,000 reportedly stolen employee passwords, deleted backups, a possible personal data breach and a state-owned company linked to election-system development: the cyberattack on Latvijas valsts meži (LVM) has moved beyond a normal company-level IT incident.
PhotoLithuania remains the strongest macro story in the Baltic region, but the June update from Lietuvos bankas makes the picture less simple than it looked in spring. The economy is still expected to grow, wages are projected to…
PhotoLatvia’s officially recognised systemic banking core has narrowed
PhotoThe central bank expects the economy to expand by 2.4% in 2026, supported mainly by stronger spending from households and the general government.
PhotoGMO tomato seedlings in Latvia exposed a regulatory gap: Norfolk Purple moved through a gardening fair and informal seed channels.
PhotoLatvia’s licensed non-bank lenders issued €1.003bn in new consumer loans in 2025, while their separate business-purpose lending portfolio exceeded €1.1bn by year-end.
PhotoWorking frame The week is about capacity: energy, rail, capital, airports, labour, exports, digital resilience and state delivery. The useful question is not only what happened, but what each signal says about the Baltic region’s ability to turn…
PhotoAraneta, the company behind the Baldų turgus furniture retail brand, has acquired a 16,000 sq. m logistics, showroom and office facility in the Kaunas Free Economic Zone for €16m. The buyer is not a logistics real estate fund…
PhotoOfficial materials describe LAU Infra Grupa as the first Latvian state-owned enterprise potentially to list shares on the stock exchange.
PhotoA story about illegal short-term rentals in Barcelona has developed a Latvian financial and business angle.
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