Events, data and analysis from the Baltic economies
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Events, figures and analysis in one continuous view.
Lithuania’s retail turnover increased by 5.6% year on year in September 2026 in real terms, according to provisional figures from the State Data Agency. Non-food sales grew by 11.9%, compared…
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…
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,…
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…
Finnish fast-food chain Hesburger has opened a new drive-through restaurant at Satekles iela 3 in central Riga, investing more than €2.1 million in the new building and creating 20 jobs.…
Estonian real estate investment and development company Capital Mill has acquired three shopping centres in Riga, expanding its portfolio in the Latvian capital.The acquisition includes Dole and shopping centres at…
Latvian cosmetics producer Madara Cosmetics is concentrating investment on Europe after an attempt to expand through US e-commerce proved too expensive. The US experiment in 2025 cost several hundred thousand…
Estonia exported 74,648 tonnes of domestically caught fish and Estonian-origin fish products in 2025, with frozen Baltic herring and sprat forming the core of the trade. Frozen fish alone accounted…
A growing number of Estonian restaurants are closing despite sector turnover continuing to rise, pointing to a profitability problem rather than a simple collapse in demand.
For the first time this year, food and grocery retail growth across the three Baltic states came together almost exactly
Source: Central Statistical Bureau of Latvia
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