Category Archives: Latvia

Press Releases & News from Latvia distributed via EuropaWire

ORLEN Joins Cross-Border Initiative to Advance Baltic Energy Infrastructure and Security

(IN BRIEF) ORLEN has joined 13 energy companies and organisations from nine Northern and Central European countries to establish the Baltic Energy Initiative, a platform for cooperation on energy security, competitiveness and cross-border energy transition projects. The 14 partners will … Read the full press release

Nordic Investment Bank Completes Second USD Benchmark Transaction of 2026

(IN BRIEF) Nordic Investment Bank (NIB) has priced a USD 1.0 billion no-grow three-year global benchmark bond, its second USD benchmark transaction of 2026, at SOFR mid-swaps +22 basis points, equivalent to a US Treasury spread of +3.8 basis points. … Read the full press release

EBRD Appoints Energy Sector Specialist to Lead Baltic States Operations

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has appointed Ahmad El Mokadem as Associate Director, Head of the Baltic States, effective 1 September 2026, with responsibility for the Bank’s operations in Estonia, Latvia and Lithuania from Vilnius. … Read the full press release

EU-backed CIRCULANDIA launches €9.6m effort to connect regenerative agriculture, local food systems and reusable packaging

CIRCULANDIA is a €9.6 million Horizon Europe project running from 2026 to 2030 The initiative links regenerative agriculture, local food systems and reusable packaging within one circular-economy framework The consortium brings together 35 organisations from 12 European countries Pilot actions … Read the full press release

New Horizon Europe “CIRCULANDIA” project promotes circular food systems, regenerative agriculture and reusable packaging

THE EUROPEAN COMMISSION HAS AWARDED HORIZON EUROPE FUNDING TO THE IMPLEMENTATION OF THE CIRCULANDIA PROJECT ON CIRCULAR FOOD SYSTEMS WITH A TOTAL BUDGET OF € 9.6 MILLION. (IN BRIEF) The EU-funded CIRCULANDIA project has secured €9.6 million through Horizon Europe … Read the full press release

NIB Provides €15 Million Loan to Support Electrification of Rīga’s Trolleybus Network

(IN BRIEF) The Nordic Investment Bank is providing a €15 million loan to Rīgas satiksme to support the electrification and modernisation of Rīga’s trolleybus network. The financing will help extend the city’s overhead power network, allowing more trolleybus routes to … Read the full press release

EIB Supports Latvian Energy Security and Sustainable Infrastructure Through Latvenergo Green Bond Investment

(IN BRIEF) The European Investment Bank has committed €20 million to green bonds issued by Latvenergo, Latvia’s state-owned energy company, supporting the company’s latest bond issuance under its European Green Bond framework. The financing will help fund renewable energy and … Read the full press release

voestalpine Lands Landmark Rail Baltica Framework Contracts to Support High-Speed Link Between Northern and Central Europe

(IN BRIEF) voestalpine Railway Systems has received its largest single order to date, securing framework contracts worth approximately EUR 470 million for the Rail Baltica high-speed railway project. The contracts cover the supply of up to 1,000 high-speed and standard … Read the full press release

CapMan Infra Backs Hansabuss to Strengthen Low-Emission Public Transportation Across Estonia and Latvia

(IN BRIEF) CapMan Infra has agreed to acquire Hansabuss from Hansa Group through the CapMan Nordic Infrastructure II fund, marking a new phase for the largest privately owned bus operator serving public routes in the Baltics. Hansabuss, founded in 1995, … Read the full press release

SAF Tehnika Launches PhoeniX IRFU Mk3 to Deliver High Power and Energy Efficient Indoor RF Performance

(IN BRIEF) SAF Tehnika has launched the PhoeniX IRFU Mk3, a next-generation indoor radio frequency unit designed to meet the increasing demand for high-capacity and energy-efficient network infrastructure. The compact 1U rack-mounted device delivers high transmitter power, wide bandwidth support, … Read the full press release

European Investment Bank Partners with Latvia to Strengthen Innovation Ecosystem and Scale High-Growth Companies

(IN BRIEF) The European Investment Bank is partnering with Latvia’s Ministry of Economics and the Investment and Development Agency of Latvia to support the growth of high-potential and technology-driven businesses. Through this advisory initiative, the EIB will assess Latvia’s current … Read the full press release

EBRD Expands Investment in Green Genius to €150 Million to Accelerate Renewable Energy and Storage Projects in the Baltics and Poland

(IN BRIEF) The European Bank for Reconstruction and Development has increased its investment in Green Genius by €50 million, bringing its total commitment to €150 million. The funding will support the company’s renewable energy expansion across Lithuania, Latvia, and Poland, … Read the full press release

Capitalia Secures InvestEU Guarantee to Deliver Accessible Loan Financing to Microenterprises Across Estonia Latvia and Lithuania

(IN BRIEF) Capitalia has partnered with the European Investment Fund to launch a €15 million financing initiative for microenterprises in Estonia, Latvia, and Lithuania, backed by the EU’s InvestEU programme. The scheme will offer crowdfunded loans of up to €50,000 … Read the full press release

Germany, Latvia and Lithuania Advance Baltic-German PowerLink to Connect Offshore Wind and Strengthen Regional Energy Security

(IN BRIEF) Germany, Latvia and Lithuania have agreed to jointly develop the Baltic-German PowerLink, a hybrid subsea electricity interconnector that will link their grids and connect offshore wind capacity in the Baltic Sea. Transmission operators 50Hertz, AST and Litgrid will … Read the full press release

Atos Supports UEFA Futsal EURO 2026 Across Three Countries While Strengthening Long-Term Partnership with UEFA

(IN BRIEF) Atos has successfully delivered comprehensive IT and digital operations support for UEFA Futsal EURO™ 2026 across Latvia, Lithuania, and Slovenia, deploying on-site and remote teams to manage accreditation, infrastructure, networks, and user support, while also completing its first … Read the full press release

New Baltic Innovation Fund 3 Aims to Mobilise Up to €700 Million for High-Growth Companies Across Estonia, Latvia and Lithuania

(IN BRIEF) The European Investment Fund, together with Estonia, Latvia and Lithuania, has launched the €225 million Baltic Innovation Fund 3 to strengthen the region’s private equity and venture capital market and mobilise up to €700 million in total investment … Read the full press release

Gandalf Distribution Launches Easyride, a New Nordic Electric Scooter Brand

(IN BRIEF) Gandalf Distribution AB, part of ELKO Group, has launched Easyride, a new Nordic electric scooter brand developed in partnership with NAVEE and set to go on sale in early March 2026 under the label “Powered by NAVEE”. Designed … Read the full press release

ELKO Expands Smart-Garden Portfolio by Bringing Segway Navimow’s 2026 Robotic Mower Range to Seven Markets

(IN BRIEF) ELKO Group has been appointed as an authorised distributor of Segway Navimow’s wire-free, AI-enabled robotic lawn mowers across seven countries in the Baltics and Central and Eastern Europe, expanding the brand’s retail reach through ELKO’s Massive Retailer Channel … Read the full press release

EBRD achieves historic investment levels in Latvia, Lithuania, and Estonia while deepening regional capital markets

(IN BRIEF) The EBRD invested a record €654 million in the Baltic states in 2025, driven by unprecedented levels of financing in Latvia and Lithuania and continued strong performance in Estonia, with more than 95 per cent of funds supporting … Read the full press release

Rīga Stradiņš University to Host BFCS 2026 International Conference Bringing Flow Cytometry Experts to Riga

(IN BRIEF) Rīga Stradiņš University (RSU) will host the BFCS 2026 international conference on 19–20 March 2026 in Riga, Latvia, in collaboration with the Baltic Flow Cytometry Society. The two-day event will bring together flow cytometry specialists, clinicians, and researchers … Read the full press release