Current Pulse

Ergo set to buy Lithuania’s Gjensidige, its Baltic branches

Ergo International, the manager of the international business portfolio of the German-owned insurance group Ergo, is acquiring Lithuania's Gjensidige, along with its branches in...

Singaporean fintech Telcoin establishes 2nd company in Vilnius

Telcoin, a Singaporean fintech company, has established its already second company in Lithuania. Telcoin was established in Vilnius on July 18 and is led by...

Patria armored vehicles to be tested at Adazi military training ground

In order to ensure the testing of Patria 6x6 armored vehicles in Latvia before their delivery to the National Armed Forces (NAF) and their...

Estonian drivers most prone to use innovative solutions in refueling

People in Estonia are adopting modern digital convenience solutions at a much faster rate compared to residents of Nordic and other Baltic countries, according to...

Train travel is making a comeback

Travelling by train in Europe is becoming more convenient and sustainable thanks to recent EU initiatives. New regulations for the trans-European transport network (TEN-T) to improve...

Revolut receives UK banking license

Revolut, a London-based global financial services company, said on Thursday it has secured a UK banking license. The company said it is now entering a...

Teva Baltics set to expand its pharmaceutical plant in Vilnius

Teva Baltics, part of Teva Pharmaceutical Industries, one of the world's largest generic drug manufacturers, is set to expand its pharmaceutical plant in Vilnius...

Russian court designates Amber Latvijas balzams owner Shefler ‘extremist’, seizes his...

A Russian court on Wednesday declared billionaire Yuri Shefler, owner of alcoholic beverages company Amber Latvijas balzams, and his companies an "extremist association" and...

Latvenergo invests nearly EUR 6 million in solar power plant in...

Latvian energy group Latvenergo has invested nearly EUR 6 million to develop a new solar power plant in Birzi, Jekabpils municipality, LETA was told...

People of Estonia predominantly opposed to VAT, income tax, fuel excise...

According to the results of a survey commissioned by the the Institute for the Study of Societal Issues, the vast majority of Estonian citizens...

EBS, kood/Johvi join forces to offer new opportunities in IT, business...

Estonian Business School (EBS) and the programming school kood/Johvi have started a collaboration to offer their students new opportunities in the fields of IT...

Strategic investor shows interest in airBaltic shares

A strategic investor has shown interest in the shares of Latvia's national carrier airBaltic before the company's potential initial public offering (IPO), Transport Minister...

Swedbank, SEB lend EUR 20 mln for Teltonika’s electronics assembly plant

Swedbank and SEB Banks have jointly lent 20 million euros, 10 million euro for the construction of an electronics assembly plant in the Teltonika...

Lithuanian president appoints Simonyte as PM, asks her to form Cabinet

Lithuanian President Gitanas Nauseda signed on Monday a decree appointing Ingrida Simonyte as prime minister and asking her to form her Cabinet within 15...

Lidl Lithuania to cut share capital by EUR 30 mln, return...

Lidl Lietuva, a leading supermarket chain in Lithuania, is reducing its authorized share capital by 30 million euros, with the funds to be paid...

Ferry Regula to operate extra departures also in August

TS Laevad, subsidiary of listed Estonian port company AS Tallinna Sadam, has signed an additional agreement with the  Ministry of Regional Affairs and Agriculture...

Martin Herem, Estonia’s former chief of defense, joins Milrem Robotics

Martin Herem, commander of the Estonian defense forces until the end of June 2024, is joining the team of Milrem Robotics, a global leader...

Security Service has executed search warrants at several residences associated with...

The State Security Service yesterday executed search warrants at several residences associated with former European Parliament member Tatjana Zdanoka (Latvian Russian Union). The Security Service...

State needs a clear vision for the provision of rehabilitation services...

The state needs to create a clear vision for the provision of rehabilitation services for drug addicts, but the decriminalization of drug use by...

1,202 children of compulsory education age were not enrolled in Latvian...

In the last school year, 1,202 children of compulsory education age were not enrolled in Latvian education institutions, according to the public report of...

“Silava” participates in the international boreal forest soil health experiment in...

Forest soil improvement is relevant in many countries of the world. One of the projects created to achieve this measure is InBestSoil. This is...

Barack Obama’s statement on President Biden’s Announcement

Written by Barack Obama. Joe Biden has been one of America’s most consequential presidents, as well as a dear friend and partner to me. Today,...

The Kremlin’s “butcher” continues his persecution of journalists – foreign minister

The Kremlin's "butcher" continues to persecute journalists, it has a well-documented and bloody trail, Foreign Minister Baiba Braze (New Unity) tweeted. She stresses that the...

Bank of Taiwan seeks to establish representative office in Lithuania

The Bank of Taiwan, the largest Taiwanese bank, wants to set up a representative office in Lithuania as it sees an opportunity to expand...

Global IT outage caused no major damage in Lithuania – center

Friday's widespread global technology outage did not affect critical organizations in Lithuania, but the recovery of the affected systems overall will take time due...

Estonian Central Criminal Police to be headed by Leho Laur

Leho Laur, who previously headed the economic crime bureau of the Estonian Central Criminal Police, will start work as chief of the Central Criminal...

Re-election of von der Leyen shows pro-European majority in the EP...

The re-election of Ursula von der Leyen as the President of the European Commission (EC) shows that the European Parliament (EP) still has a...

AC Hotel by Marriott to open in central Vilnius on site...

The territory of the former St. Jacob’s Hospital in central Vilnius will host an AC Hotel by Marriott, which will be operated by Orkela,...

Germany’s Datagroup to provide IT services in Lithuania, hire 30 employees

Datagroup Operations Lithuania, a newly established business of German IT company Datagroup in Lithuania, will provide IT services to the German company. According to Melanie...

National Blood Center acquires irradiation equipment to speed up blood delivery...

The purchase of blood irradiation equipment for 250,000 euros will shorten the delivery of blood in Vilnius, Daumantas Gutauskas, director of the National Blood...

Lithuania posts one of lowest inflation rates across EU in Jun...

Lithuania's EU-harmonized annual inflation rate was one of the lowest across the EU in June, the latest figures from Eurostat, the bloc's statistics office,...

Migration authority to inform 4,650 Russian citizens on steps they need...

The Office of Citizenship and Migration Affairs will send out letters to 4,650 Russian citizens at the beginning of August to inform them on...

Pärnu-Uulu section of Via Baltica opens to traffic

The Pärnu-Uulu four-lane road section, which cost 35 million euros, was opened to traffic on the Tallinn-Pärnu-Ikla road on Wednesday, where, according to a...

Vehicles with Belarusian license plates banned from entering Estonia

On July 1, the European Union ramped up sanctions imposed on Belarus to limit the ability of the Belarusian regime to participate in Russia's...

Estonia testing emergency alerts on smartphones

Estonia will be testing a unique technology over the next two years as part of the Pocket Siren project enabling to instantly send emergency...

The EU and its allies must do more to curtail Russian...

By journalist Inga Karlinska. EU-Russia tensions have been elevated since the latter's annexation of Ukraine's Crimean Peninsula in 2014 and have gone downhill since Russia's outright invasion...

Cholera suspected in Estonia after more than 31 years

A sample taken from a child who returned to Estonia from abroad with family is being analyzed at the Health Board's infectious diseases laboratory,...

Government approves new mark-up system for medicines

After two hours of debating, the government on Tuesday approved a new mark-up system for medicines intended to reduce the prices of prescription medicines. At...

More than 660,000 people have fled Russia since start of war

The number of Russian citizens who have left their country since the start of the full-scale war and who have not returned home is...

Mezviets reappointed for third term as head of State Security Service

The government on Tuesday approved the reappointment of Normunds Mezviets for a third term as head of the State Security Service. Commenting on the decision,...

Tallinn plans additional tram line to airport

An additional tram line branch will be established at Tallinn Airport by early 2026, allowing trams to pass each other, tighten schedules if necessary,...

Orlen Lithuania fails to recover over EUR 8 mln in losses...

Orlen Lietuva, the Lithuanian oil import and refining subsidiary of Poland's oil group Orlen, has failed to recover more than 8 million euros in...

President tasks Kristen Michal with forming next government

President Alar Karis on Tuesday morning met with Kristen Michal, the Reform Party's prime ministerial candidate, and gave him the role of forming Estonia's...

Almost 70 pct of people aged 55-64 worked in Lithuania in...

As much as 69.1 per cent of the population aged 55-64 were employed in Lithuania in 2023, which was one of the highest rates...

Adax Lithuania awaits investment following acquisition of Norway’s Adax Group by...

Adax Lithuania, the Panevezys-based household electrical appliances manufacturing company, awaits significant investments and adaptation to new standards following the acquisition of Norway's Adax Group...

SDE leader says govt coalition to look for ways to alleviate...

Leader of the Social Democratic Party (SDE) Lauri Läänemets said that the ruling coalition is seeking solutions during negotiations to reduce the co-financing required...

Estonian police warn of phishing scam posing as LHV bank communication

The Estonian police are warning about phishing emails that are designed to appear to be associated with LHV bank and its security services. "A phishing...

Internal Security Bureau this year has initiated prosecution for crimes committed...

In the first half of this year, the Internal Security Bureau (IDB) has urged the prosecutor's office to initiate prosecution in 24 criminal proceedings...

Swedes propose that Latvian government gives up control of LMT mobile...

The telecommunications and technology company Tet should be split up and its telecommunications business should be sold to the mobile communications company Latvijas Mobilais...

Political violence is unacceptable – Rinkevics

Political violence is unacceptable and deplorable, Latvian President Edgars Rinkevics said in a tweet. He said he was shocked by the attack on former US...

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