Events, data and analysis from the Baltic economies
All published material
Search events, statistics and analysis by keyword, country, sector or statistical series. Year means publication year.
Estonia has decided to prohibit the transit of grain originating from Russia and Belarus, closing the possibility of Estonian ports becoming an alternative export route.The national sanction covers grain classified under the CN 10 product group. It will…
Lithuanian refrigerator manufacturer Snaigė has asked a court to terminate its restructuring process and open bankruptcy proceedings.The company said CEO Darius Varnas submitted the application to Kaunas Regional Court on September 30. Snaigė cited an unfavourable market environment,…
Lithuania has already locked in a broad package of additional taxes. Estonia enters 2027 after two years of higher taxes, selected benefit restrictions and higher user charges, while putting more of the next adjustment on the expenditure side.…
PhotoEstonian industrial group Viru Keemia Grupp has opened its new €75 million Uus-Kiviõli oil shale mine, securing a new raw-material base for its shale oil production.VKG expects the mine to provide oil shale for approximately 30 years. The…
Latvia has allocated €3.2 million in public funding this year for measures promoting investment and exports. Meanwhile, MiTek Industries, part of Warren Buffett’s Berkshire Hathaway group, says its new Latvian company has spent four months trying to obtain…
PhotoThe City of Tallinn has sold its entire stake in Estonia’s Coop Pank, completing its exit from the listed bank.The city sold 2,845,973 shares, representing around 3% of Coop Pank’s share capital, at €2.22 per share. The transaction…
Estonian state-owned energy group Eesti Energia has expanded its generation footprint in Lithuania with the official opening of the Kelmė I and Kelmė II wind farms. The two projects have a combined capacity of 167 MW and required…
Lithuania and the European Commission have formally signed the country’s €884.2 million Social Climate Plan, moving the programme towards implementation. The plan combines €662.9 million from the EU Social Climate Fund with about €221.4 million in Lithuanian funding…
All three Baltic economies are expected to grow next year, yet their governments face increasingly difficult budget calculations. Lithuania is preparing for a larger deficit despite rising tax revenue, Latvia faces substantial financing constraints, and Estonia has already…
PhotoLatvia is tightening controls on grain shipments from Russia and Belarus just as the Baltic route is becoming increasingly important for Russian exports. The Saeima has introduced border controls allowing grain and animal-feed cargoes from third countries to…
Estonia’s government has approved its 2027 state budget and the 2027–2030 budget strategy, with expenditure of €20.2 billion and revenue of €19.4 billion. The general government deficit is projected at 4% of GDP. The gap matters beyond the…
Latvia has declared a nationwide agricultural emergency after prolonged rainfall disrupted harvesting and autumn field work. The immediate problem is not only the crop still remaining in fields. Wet soils are preventing machinery from operating in some areas…
Foreign capital registered in the share capital of Latvian companies has increased by €1.05 billion since the beginning of 2026, reaching €13.58 billion. But the headline number should not be read as €1.05 billion of new foreign direct…
Latvian cosmetics producer Madara Cosmetics is concentrating investment on Europe after an attempt to expand through US e-commerce proved too expensive. The US experiment in 2025 cost several hundred thousand euros and had a negative impact on EBITDA,…
Venipak is increasing capacity across its Baltic parcel network while its acquisition by DHL awaits regulatory approval. The company says it is investing more than €2.5 million in Baltic infrastructure this year. In Latvia, capacity at its busiest…
TThis week airBaltic’s Chapter 11 reaches its next important checkpoint. Objections to the final DIP financing order are due on October 2, ahead of the final hearing on October 9 in the U.S. Bankruptcy Court for the Southern…
PhotoThis week’s Baltic Focus Weekly Brief looks at labour-market pressure across the three Baltic states, alongside new investment, housing, energy, defence and transport signals. The common constraint is becoming clearer: people, financing and capacity.
From Palantir and Anduril to Onodrim and Isengard, names associated with J.R.R. Tolkien’s Middle-earth are becoming increasingly visible in the Baltic defence ecosystem. Behind them are AI platforms, interceptor drones, missiles, production plans and agreements involving millions of…
PhotoLatvian defence technology company ORIGIN and US-based Anduril have signed a memorandum to explore integrating ORIGIN’s BLAZE autonomous interceptor drone with Anduril’s Lattice command-and-control platform. The companies plan to conduct joint testing, demonstrations and validation in Latvia. The…
Housing prices continued to rise across the Baltic states in the second quarter of 2026, but the three markets are increasingly moving in different ways. According to the national statistical agencies, Lithuania recorded the fastest annual increase at…
Photo