Events, data and analysis from the Baltic economies
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Events, figures and analysis from Lithuania.
Lithuanian investment company Tewox has announced the completion of a new grocery retail property at Tunelio Street 4A in Vilnius, developed through its managed company Esulda. According to the developer,…
Sun Investment Group and Eternia Solar have proposed extending their bond maturities by six months, citing delays in project implementation and expected cash inflows. Sun Investment Group proposes moving its…
Lithuania’s GDP reached €85.1 billion in 2025, with real economic growth of 3.0%, according to the latest annual national accounts estimate. The previous quarterly-data estimate had put GDP at €84.3…
Construction has begun on a new progymnasium in the Pavilnys district of Vilnius. The nearly 11,000 m² complex will include 32 classrooms, laboratories, sports facilities, a four-lane 25-metre swimming pool…
A satellite developed and tested in Vilnius has successfully reached orbit and established contact following its launch aboard SpaceX’s Transporter-18 mission. The First Customer Link satellite is a demonstration stage…
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,…
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…
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…
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…
Lithuania’s battery build-out has reached the point where the number of new projects is no longer the main story. A market for what those batteries can actually do for the…
Construction has started on a Leopard 2A8 tank assembly and repair plant in the Kaunas Free Economic Zone, with a symbolic time capsule laid at the site on 1 October.…
Lithuanian refrigerator manufacturer Snaigė has asked a court to terminate its restructuring process and open bankruptcy proceedings.The company said CEO Darius Varnas submitted the application to Kaunas Regional Court on…
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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