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.
Ryanair says it could significantly expand its Baltic operations if airport charges are reduced, including potentially increasing its Lithuania-based fleet from four to eight aircraft. The airline has also spoken…
INVL Private Equity Fund II and Tesonet have completed the acquisition of Lithuanian private education network Šiaurės licėjus after receiving competition clearance. The acquired business includes two schools, three kindergartens,…
Estonian media group Ekspress Grupp, through LT Screens, has completed the acquisition of 100% of Lithuanian outdoor advertising operator LT Advert. LT Advert operates more than 400 advertising locations across…
Lithuania has completed dynamic testing of the newly electrified Vilnius–Klaipėda railway corridor, including the final Radviliškis–Klaipėda section. The 363 km project, previously valued at about €457 million, includes more than…
Lithuania will cut domestic train fares by 50% from 9 October until the end of 2026 as the government responds to sharply higher fuel prices. The same discount is planned…
Lords LB Asset Management has cancelled the public offering of Baltic Core Property Fund units in Lithuania, Latvia and Estonia after investor demand proved insufficient. The fund had offered up…
Nordecon group company Embach Ehitus has signed a €5.6 million contract with the Estonian University of Life Sciences for the reconstruction of part of its academic complex in Tartu. The…
Lithuanian transmission system operator Litgrid has signed an €8.97 million contract with TETAS to reconstruct the 110 kV switchyard at the Mažeikiai power plant substation. The substation is a key…
Lithuania’s Competition Council has cleared Prosperus Retail Property Fund to acquire the companies controlling the Ozas shopping and entertainment centre in Vilnius. The transaction values Ozas at €200 million. Prosperus…
airBaltic says planned changes under its new business model could affect around 500–700 positions across its bases in Riga, Vilnius and Tallinn. The airline currently employs around 3,000 people in…
Estonia led August growth, but Lithuania still leads the accumulated rise The August retail figures produce a simple Baltic ranking. Real retail sales volumes were 6% higher year on year…
5 October 2026 · Estonia Estonian industrial group Viru Keemia Grupp has pushed the investment decision for its planned bioproducts complex in Lüganuse to the first quarter of 2028 as…
5 October 2026 · Baltic Latvian alcoholic-beverage producer Amber Latvijas balzams has moved production of its Rīgas šampanietis sparkling wine from Latvia to Lithuania as the company restructures operations amid…
Lithuanian space technology company Blackswan Space has raised €2.5 million in its second investment round to expand sales in the United States and accelerate the commercialisation of its autonomous spacecraft…
Lithuanian food producer Mantinga Group is advancing plans for a new chilled-food factory near Marijampolė, with the project now in the design and environmental assessment stage. The planned production building…
