Events, data and analysis from the Baltic economies
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Asked about airBaltic’s future in a 16 June interview on Latvian Television, Prime Minister Andris Kulbergs said that the state had to “stop acting as an ATM”. The demand is understandable. airBaltic needs a credible business plan, a…
PhotoNot only online shoppers. The new charge reaches rail corridors, Polish warehouses, Baltic parcel operators and the logistics system built around low-value imports.
PhotoHansa Group has agreed to sell Hansabuss, the largest private operator of public bus lines in the Baltics, to CapMan Nordic Infrastructure II,
PhotoThe new 12-year concession is not a simple story of foreign operators entering Riga. RIX was already internationalised; the real shift is the dilution of the old TAV-centred commercial model. RIX Riga Airport has selected new long-term operators…
PhotoLiepāja Special Economic Zone is continuing to work with green aviation projects, but the centre of gravity has shifted. The earlier public story around Fokker Next Gen Latvia was linked to hydrogen-powered aircraft. The current one is linked…
PhotoGAZ-SYSTEM has reported another milestone in Poland’s FSRU programme. In May 2026, the vessel for the future terminal in the Gulf of Gdańsk was launched at HD Hyundai Heavy Industries in South Korea.
PhotoIn December 2024, the Latvian government changed Rail Baltica priorities because the project no longer had funding for everything. According to the service investigation discussed by the Cabinet last Tuesday, that decision should have stopped or at least…
PhotoLithuania moved ahead in passenger traffic, Riga retained its cargo advantage, and Tallinn continued reshaping its route map through low-cost expansion.
PhotoA Bloomberg report that a group of airBaltic bondholders has hired legal advisers adds a creditor-risk layer to Latvia’s aviation debate. The issue is not only fuel prices. airBaltic’s own investor materials show a broader pressure mix: low…
PhotoQ1 2026 revealed a clear divergence across Baltic ports. Latvia recorded broad-based contraction, Klaipėda posted strong growth, while Tallinn showed a winter-affected but structurally more stable pattern. The gap is visible in both total volumes and container performance,…
PhotoairBaltic has appointed Seabury Securities LLC and Seabury Securities (UK) Ltd. as strategic and financial adviser at a time of mounting financial pressure. With its IPO paused, a short-term state loan put forward and additional funding still needed,…
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