Events, data and analysis from the Baltic economies
Editorial archive
Latvia’s Inčukalns underground gas storage facility has entered the 2026/2027 winter withdrawal season with nearly 12 TWh of natural gas, according to transmission and storage operator Conexus Baltic Grid. The stored volume represents approximately 72% of the 16.6…
In October 2024, wholesale electricity prices were almost identical across the three Baltic states. Two years later, Estonia is trading at a substantial discount to Latvia and Lithuania, which continue to move almost in lockstep. September’s results confirm…
PhotoSwedish banking group SEB has agreed to pay $33 million to New York’s financial regulator, bringing to a close a long-running US investigation into weaknesses in its anti-money laundering controls, including those at its Baltic subsidiaries. The settlement,…
Latvia’s INDEXO Bank is preparing a leadership transition, with Jānis Pizičs scheduled to join its management team on 26 October and subsequently take over as chairman of the management board, subject to approval by Latvijas Banka. The bank…
More than half of Latvian households have at least one pet, with cats nearly twice as common as dogs, according to January 2026 survey data from SKDS and the Worldwide Independent Network of Market Research (WIN). In Latvia,…
Estonian logistics group Omniva has asked the European Commission to assess the financing of universal postal services in Latvia and Lithuania. The company submitted complaints concerning the mechanisms used to compensate national postal operators for providing universal services.…
Retail wood pellet prices in Latvia have risen sharply, driven by supply constraints, production costs and demand from export markets, according to an assessment by the Competition Council. Between October 2025 and late August 2026, the average listed…
A Lithuanian-owned wind park near Liepāja has been ordered to stop its turbines after 18 protected bats were found dead around the site within two weeks — twice the threshold set for the testing phase. Latvia’s Nature Conservation…
PhotoLithuanian investment fund Capitalica Baltic Real Estate Fund I has reported investor subscriptions of €2.015 million in the third tranche of its bond offering, attracting 141 investors. Nasdaq Baltic has approved the admission of an additional €2 million…
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…