Events, data and analysis from the Baltic economies
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Lithuanian space technology company Blackswan Space has raised €2.5 million in its second investment round to expand sales in the United States and accelerate the commercialisation of its autonomous spacecraft navigation technology. The round was led by Iron…
Lithuanian food producer Mantinga Group is advancing plans for a new chilled-food factory near Marijampolė, with the project now in the design and environmental assessment stage. The planned production building would be constructed at Šunskų kelio 1 in…
Latvia-headquartered Eleving Group has priced a new €200 million senior secured bond issue at par with a fixed 9% annual coupon, with investor demand close to 1.5 times the amount offered. The size of the transaction is substantial,…
Latvijas Banka has granted Atrya Technologies SIA a licence to provide crypto-asset services under the EU’s Markets in Crypto-Assets Regulation, or MiCA. The licence allows the Riga-registered company to provide custody and administration of crypto-assets for clients and…
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…
PhotoForeign 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…
Lithuania’s government has approved legislative amendments aimed at expanding the role of alternative investment funds in financing companies and long-term projects, as Vilnius seeks to reduce the economy’s dependence on traditional bank lending. Alternative investment funds already channel…
Latvia has significantly eased access to its support programme for research-based startups, increasing public co-financing from 50% to 80% and widening eligibility to technologies that have reached TRL 8. The revised rules also allow Latvian branches of foreign…
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…
Latvia-based equipment rental group Storent Europe has raised €12.96 million in a public bond offering across Latvia, Lithuania and Estonia, exceeding its initially planned €10 million issue.
New York-based BasePoint Capital completed its acquisition of International Personal Finance, the UK consumer-finance group behind Credit24 and Creditea.
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