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Construction has started on a Leopard 2A8 tank assembly and repair plant in the Kaunas Free Economic Zone, with a symbolic time capsule laid at the site on 1 October. Around €50 million is earmarked for the project,…
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,…
The Port of Klaipėda has launched the main construction tender for its southern expansion, moving Lithuania’s largest port development project towards creation of 100 hectares of new territory and 1.3 kilometres of new quay infrastructure. The new area…
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…
For the first time this year, food and grocery retail growth across the three Baltic states came together almost exactly
DataIn the second quarter of 2026, tourist accommodation establishments across Latvia, Lithuania and Estonia recorded about 5.48 million overnight stays.
PhotoMere stores in Latvia and Lithuania have closed after Russian businessman Sergey Schneider was added to the EU sanctions list. In Latvia, the chain operated 12 stores through SIA Latprodukti and the Latvian branch of Lithuania-registered Valiente. Latprodukti…
PhotoLithuania Enters 2026 With a Storage-First Power Strategy
✈️ Baltic aviation adds routes as traffic trends diverge
🇱🇹 Insurance | Lithuania