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Heating and hot water accounted for 83.9% of all energy consumed by Latvian households in 2025, underlining how strongly household energy costs still depend on the efficiency of buildings and heating systems. The latest five-year household energy survey…
Estonia is considering postponing completion of its Rail Baltica section from 2030 to 2034 as part of the government’s 2027 budget talks. Prime Minister Kristen Michal said Estonia remains technically capable of completing the railway by 2030, but…
Lithuanian state-controlled companies are investing an additional €33.6 million into the structure participating in Rheinmetall’s ammunition plant project in Radviliškis district. Energy group EPSO-G will contribute €17.13 million, while state investment company Valstybės investicinis kapitalas will provide €16.46…
For a while, drivers of combustion-engine cars could afford not to think too much about fuel prices. By autumn, that luxury was gone, and wondering what comes next had returned to the morning menu somewhere between the news…
PhotoMore than a third of Estonian enterprises are now using artificial intelligence, according to new data from Statistics Estonia. In 2026, 34% of enterprises reported using at least one AI technology, up from around 23% a year earlier.…
Lithuanian defence technology company RSI Europe plans to invest up to €50 million in a new defence systems production facility in Panevėžys district. The project is being developed under a large-scale investment agreement with Lithuania’s Ministry of Economy…
Lithuanian investment manager Prosperus Asset Management has agreed to acquire the Ozas shopping and entertainment centre in Vilnius from NEPI Rockcastle for €200 million, in one of Lithuania’s largest commercial real estate transactions. The acquisition is being made…
Latvia has decided to procure Czech-made 155 mm Morana self-propelled artillery systems from Excalibur Army, replacing an earlier plan to acquire Swedish Archer systems. The government had previously backed the purchase of 18 Archer howitzers, but the Defence…
Estonia will carry out a national-security assessment of the six candidate sites being considered for a planned nuclear power plant in Viru-Nigula and Lüganuse municipalities. The Ministry of Defence, Defence Forces and Centre for Defence Investments will assess…
Solar power plants generated 221 GWh of electricity in Latvia in August, more than twice the level recorded a year earlier, according to transmission system operator Augstsprieguma tīkls. Solar accounted for almost 60% of all electricity generated and…
Latvia will bring non-bank consumer lenders under the supervision of Latvijas Banka from 1 January 2027, after parliament approved the reform package in its final reading on 17 September. The central bank will take over licensing and supervision…
Ryanair is not simply offering the Baltics more flights. It is positioning itself for part of the market being left open as airBaltic restructures and reduces capacity. From Riga alone, airBaltic’s Winter 2026/27 programme drops Faro, Kittilä, Ljubljana,…
PhotoA Lithuanian court has given aviation maintenance company Aviabaltika until 31 December 2026 to demolish its buildings and remove the remaining materials from the territory of Kaunas Airport. The buildings had previously been due for removal by 9…
Transport has emerged as the highest-risk business sector in both Latvia and Lithuania, while Estonia’s main vulnerability is concentrated in the chemical industry, according to Coface’s new CEE Sectorial Heatmap 2026. In Latvia, Coface also sees increasing credit…
ORLEN Lietuva has secured enough crude to maintain most of its maximum refinery production despite disruptions to Saudi Arabian supplies, according to Lithuanian Energy Agency head Agnė Bagočiutė. Three September crude cargoes are arriving from alternative suppliers in…
Estonia has set out its initial priorities for the next EU funding period, proposing that 19% of its future European funding package should go to security and crisis preparedness. The government is working with an indicative envelope of…
The Bank of Lithuania has sharply upgraded its outlook for Lithuanian exports in 2026, while leaving its headline economic growth forecast unchanged. Exports of goods and services are now expected to grow by 4.8% this year, compared with…
Estonia’s Enefit Power is seeking permission to use locally produced shale oil as a temporary backup fuel for district heating in Narva during the 2026/27 winter. The company has fixed the price for around 120 GWh of natural…
Passenger traffic continued to grow across the Baltic airports in August, but the pace of expansion remained sharply uneven. Tallinn and Vilnius again showed the strongest growth, while Riga remained broadly flat compared with a year earlier. Tallinn’s…
Lithuania has completed a major electricity connection for the €3.5 billion Teltonika High-Tech Hill project in Vilnius almost a year ahead of the original deadline. The new Kuprioniškės transformer substation can provide up to 58 MW of capacity…