Events, data and analysis from the Baltic economies
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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…
More 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.…
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…
Poland has signed a PLN 4.08 billion net contract to modernise the Białystok–Ełk section of Rail Baltica, moving one of the largest remaining Polish sections of the corridor into the construction phase. PKP Polskie Linie Kolejowe signed the…
Global tugboat operator Boluda Towage has established a company in Lithuania as it explores possible operations at the Port of Klaipėda. Boluda Towage Lithuania was registered in Vilnius on September 14 by the group’s Dutch entity Boluda Finance.…