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…
Latvia has decided to procure Czech-made 155 mm Morana self-propelled artillery systems from Excalibur Army, replacing an earlier plan to acquire Swedish Archer systems. The government had previously backed the…
Estonia will carry out a national-security assessment of the six candidate sites being considered for a planned nuclear power plant in Viru-Nigula and Lüganuse municipalities. The Ministry of Defence, Defence…
Solar power plants generated 221 GWh of electricity in Latvia in August, more than twice the level recorded a year earlier, according to transmission system operator Augstsprieguma tīkls. Solar accounted…
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…
A Lithuanian court has given aviation maintenance company Aviabaltika until 31 December 2026 to demolish its buildings and remove the remaining materials from the territory of Kaunas Airport. The buildings…
Transport has emerged as the highest-risk business sector in both Latvia and Lithuania, while Estonia’s main vulnerability is concentrated in the chemical industry, according to Coface’s new CEE Sectorial Heatmap…
ORLEN Lietuva has secured enough crude to maintain most of its maximum refinery production despite disruptions to Saudi Arabian supplies, according to Lithuanian Energy Agency head Agnė Bagočiutė. Three September…
Estonia has set out its initial priorities for the next EU funding period, proposing that 19% of its future European funding package should go to security and crisis preparedness. The…
The Bank of Lithuania has sharply upgraded its outlook for Lithuanian exports in 2026, while leaving its headline economic growth forecast unchanged. Exports of goods and services are now expected…
Estonia’s Enefit Power is seeking permission to use locally produced shale oil as a temporary backup fuel for district heating in Narva during the 2026/27 winter. The company has fixed…
Passenger traffic continued to grow across the Baltic airports in August, but the pace of expansion remained sharply uneven. Tallinn and Vilnius again showed the strongest growth, while Riga remained…
Lithuania has completed a major electricity connection for the €3.5 billion Teltonika High-Tech Hill project in Vilnius almost a year ahead of the original deadline. The new Kuprioniškės transformer substation…
Poland has signed a PLN 4.08 billion net contract to modernise the Białystok–Ełk section of Rail Baltica, moving one of the largest remaining Polish sections of the corridor into the…
Global tugboat operator Boluda Towage has established a company in Lithuania as it explores possible operations at the Port of Klaipėda. Boluda Towage Lithuania was registered in Vilnius on September…