Events, data and analysis from the Baltic economies
Continuous coverage
What happened across the Baltic economies, in editorial order and with the underlying event date made explicit.
The Latvian government has extended its ban on irregular international passenger bus services to Russia and Belarus until 31 October 2027, maintaining restrictions first introduced in November 2025. The ban…
Latvia has confirmed its first cases of bluetongue disease after laboratory tests detected the BTV-3 virus in two cattle at a small farm in South Kurzeme, the Food and Veterinary…
Banks in Lithuania are preparing to open consultation branches in nine municipalities currently without bank offices, under an initiative coordinated by Lietuvos bankas. The new locations are planned for Prienai,…
Japanese technology company Epson has opened its European Business Services Centre in Riga following an investment of €6 million, according to the Investment and Development Agency of Latvia (LIAA). The…
Swedbank is reducing its workforce by around 500 employees across the group, including approximately 100 in Latvia, Lithuania and Estonia. The figures were disclosed by Olavi Lepp, head of Swedbank…
Swedish industrial technology company Cemvision has been selected for an EU Innovation Fund grant of up to €27.5 million to support construction of its first commercial-scale low-carbon cement plant in…
Latvia’s general government deficit rose to €1.085 billion, or 2.5% of GDP, in 2025, from €744.8 million, or 1.8% of GDP, in 2024, according to updated figures from the Central…
Western Shipyard Group (VLG), part of Estonia’s BLRT Grupp, has begun construction of a new floating dock to expand its ship repair operations in Klaipėda. The dock is expected to…
Lithuania’s state-owned Altra has begun dismantling control and protection system channels in the second reactor at the decommissioned Ignalina Nuclear Power Plant. More than 200 channels are scheduled for removal…
Lithuanian electricity distribution operator ESO expects to pay approximately €7 million in compensation following the severe storm that struck the country on 22 August. Around 70,000 households and businesses that…
Latvia’s Vidzeme Regional Court has ordered IT company Squalio Group to pay €2.3 million in a case involving the bribery of a Belarusian official in 2015. The appeals court overturned…
Latvian financial services group INDEXO has received a €3 million investment from Lauris Liberts, co-founder and co-owner of Draugiem Group, as it prepares for a planned listing on Nasdaq First…
Estonia may have to cover a larger share of Rail Baltica construction costs under a proposed change to EU co-financing rules, Prime Minister Kristen Michal has said. The European Commission…
British investment manager Pollen Street has increased its credit facility for Lithuanian business lender Finbee Verslui from €35 million to €55 million, expanding the financing available for loans to small…
Six Estonian energy companies have raised objections to changes in transmission grid tariffs scheduled to take effect on 1 January 2027, warning that higher capacity-based charges could discourage investment in…