Events, data and analysis from the Baltic economies
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Events, figures and analysis from Lithuania.
The Bank of Lithuania has raised no objection to a proposed acquisition by UAB Laicus of a substantial minority stake in Lithuanian crypto-asset service provider Micar assets. Under the decision…
Lithuania’s State Territorial Planning and Construction Inspectorate has identified unauthorised construction at all five residential buildings being developed by Katos grupė in Ražiai village, Kaunas district. Inspections conducted in September…
Lithuania’s government approved its draft 2027 state budget on 16 October, proposing €27.9 billion in expenditure while maintaining defence spending at 5% of GDP and increasing wages and pensions. The…
A Lithuanian court has overturned a €1.02 million fine imposed on fuel retailer Emsi for taking control of four petrol stations without prior competition clearance, challenging the regulator’s assessment of…
Vilnius-based technology startup Holo has secured €5 million in seed funding to develop its AI-powered marketing platform and expand its team in Lithuania. The investment round was led by European…
Canadian aerospace company Volatus Aerospace has agreed to acquire Lithuania’s AISPECO in a transaction valued at an initial US$10.5 million, bringing a Vilnius-based manufacturer of airborne sensor systems into its…
Lithuania’s government approved national measures targeting Russian businessmen Alisher Usmanov and Mikhail Fridman on 14 October, following their removal from the European Union’s sanctions list. According to the Lithuanian Ministry…
Ignitis ON has opened an expanded electric vehicle charging park at the Nordika shopping complex in Vilnius, with ten 200 kW charging stations capable of serving 20 vehicles simultaneously. The…
Lithuania’s national development bank ILTE signed financing agreements worth €964 million in the first half of 2026, 1.7 times more than during the same period last year. Business financing accounted…
A subsidiary of Lithuanian retailer Maxima LT has acquired a development site in Vilnius for almost €5.53 million following a competitive state property auction. Jamdena bought the property in the…
Lithuanian asset manager INVL has established a new fund targeting investments in banks across Central and Eastern Europe. The rules of the INVL European Banking Opportunities Fund were approved by…
Estonian logistics group Omniva has asked the European Commission to assess the financing of universal postal services in Latvia and Lithuania. The company submitted complaints concerning the mechanisms used to…
Telia Company plans to cut around 210 positions in Estonia and Lithuania as part of a new restructuring programme affecting approximately 900 jobs across the group. Around 100 positions are…
Lithuanian infrastructure company KRS has completed a €6 million bond issue and listed the securities on the Nasdaq Vilnius First North market. A total of 6,000 bonds with a nominal…
Lithuania’s Environment Ministry has proposed allocating €11.314 million to support companies purchasing new low-emission commercial vehicles. The proposed scheme would cover electric, hydrogen-powered and biomethane vehicles in the N1–N3 and…
The Lithuanian-owned accessories brand is combining Asian manufacturing inputs with design, printing, assembly and global fulfilment in Kaunas. Its new facility shows how a digital-first exporter is turning international demand into physical industrial capacity at home. Lithuanian accessories…
PhotoLithuania’s State Tax Inspectorate, VMI, has published its taxpayer rankings for the first quarter of 2026.
PhotoLithuania remains the strongest macro story in the Baltic region, but the June update from Lietuvos bankas makes the picture less simple than it looked in spring. The economy is still expected to grow, wages are projected to…
PhotoAraneta, the company behind the Baldų turgus furniture retail brand, has acquired a 16,000 sq. m logistics, showroom and office facility in the Kaunas Free Economic Zone for €16m. The buyer is not a logistics real estate fund…
PhotoMore than 600,000 Lithuanian real-estate register records, including personal identification codes, were allegedly copied after unauthorised users accessed the Register Centre through accounts linked to the Migration Department.
PhotoMaxima, Rimi, Lidl and IKEA are visible to Baltic consumers as retail brands. But behind those brands stand very different capital models.
PhotoLithuania is preparing to tighten gambling regulation at a moment when gambling is becoming part of a broader household-finance and regional-market question. The Finance Ministry plans to submit amendments to the Gambling Law during the Seimas spring session.…
PhotoLithuania returned to international capital markets on 13 May with a new €1bn 7.5-year Eurobond issue, bringing its total Eurobond borrowing this year to €3bn.
PhotoProsecutors are examining whether Paluckas and his wife acquired almost €345,000 in assets from income that could not be legally justified. Lithuania’s parliament has lifted the legal immunity of former prime minister and former Social Democratic leader Gintautas…
PhotoChina has lifted countermeasures against two Lithuanian banks, Urbo Bankas and Mano Bankas, after the European Union removed restrictions on two Chinese financial institutions. The decision took effect on 24 April 2026 and was framed by Beijing as…
PhotoDFDS will increase capacity on the Karlshamn–Klaipėda corridor by introducing the RoPax vessel from mid-September 2026, replacing Optima Seaways. The move raises both passenger and freight capacity on one of the key Baltic Sea links between Sweden and…
Photo🇱🇹Who lives well in Lithuania: who benefits — and who remains on minimum wage
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