(IN BRIEF) Mercedes-Benz Trucks and Girteka Logistics have agreed on the phased delivery of 500 Actros L ProCabin trucks throughout 2026. The investment supports Girteka’s fleet modernization and expansion of its European long-haul operations. The trucks feature improved aerodynamics, advanced … Read the full press release
Posted in Business, Environment, Financial, Germany, Government, Industrial, Investment, Lithuania, Management, Marketing, Technology, Transportation & Logistics
Tagged Active Brake Assist, Actros L ProCabin, Advanced driver assistance systems, commercial vehicle agreement, European logistics expansion, fleet renewal, Girteka Expands Fleet with 500 Actros L ProCabin Trucks to Strengthen Pan-European Operations, Girteka Logistics, heavy-duty trucks, long-haul transport Europe, Mercedes-Benz Trucks, Mercedes-Benz Trucks Secures 500 Vehicle Agreement as Girteka Modernizes Long-Haul Fleet, MultiMedia Cockpit Interactive2, Predictive Powertrain Control, road freight transport, temperature-controlled logistics
(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
Posted in Business, Energy, Gas & Oil, Financial, Germany, Industrial, Infrastructure & Utilities, Investment, Latvia, Lithuania, Management, News
Tagged 50Hertz, AST, Baltic German PowerLink, Baltic German PowerLink Moves Into Planning Phase With EU Backing Sought for Hybrid Offshore Connection, Baltic Sea energy project, cross border transmission, energy security, European grid integration, Germany Latvia and Lithuania Join Forces on Baltic German PowerLink to Integrate Offshore Wind Into European Grid, Germany Latvia Lithuania energy cooperation, Hybrid Interconnector, International Energy Agency meeting Paris, Kaspars Melnis, Katherina Reiche, Litgrid, New Subsea Electricity Corridor Set to Link Baltic Wind Resources With Continental European Power Markets, offshore wind integration, Project of Common Interest PCI, renewable electricity trade, submarine cable, Ten Year Network Development Plan TYNDP, Žygimantas Vaičiūnas
(IN BRIEF) Telia Norway has been named the country’s best mobile network for the second consecutive year following an extensive benchmark by Rohde & Schwarz. Achieving a Network Performance Score of 830 out of 1,000, Telia outperformed other leading Norwegian … Read the full press release
Posted in Awards, Business, Estonia, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Lithuania, Management, Norway, Sweden, Technology, Telecom
Tagged 4G, 5G, Axel Hansmann, Bjørn Ivar Moen, Bodø, data services, digital infrastructure, Estonia, Lithuania, Mobile Network Benchmark, Narvik, network modernization, Network Performance Score, Norway, Rohde & Schwarz, Rohde & Schwarz SwissQual AG, telecommunications, Telia Norway, Telia Norway Strengthens Leadership in 4G and 5G Performance Following Comprehensive Nationwide Network Evaluation, Tromsø, voice services
(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
Posted in Artificial Intelligence (AI), Business, Entertainment, Financial, France, Industrial, Investment, Latvia, Lithuania, Management, Marketing, Media, Slovenia, Sports, Technology
Tagged accreditation management, AI, Atos, Atos Major Events, Atos Successfully Delivers Digital Operations for UEFA Futsal EURO 2026 and Completes First Full UEFA Competition Cycle, CONMEBOL, digital operations, digital transformation, European Qualifiers, Fan Engagement, futsal, ICT services, innovation in sport, Latvia, Lithuania, major events technology, Nacho Moros, network infrastructure, Olympic Games, Paralympic Games, Paris 2024, Slovenia, sports technology, UEFA, UEFA EURO 2024™, UEFA Futsal EURO 2026, UEFA Nations League Finals 2023, UEFA Nations League Finals 2025, UEFA Under-21 Championship 2025
(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
Posted in Banks, Business, Estonia, European Union, Financial, Investment, Latvia, Lithuania, Luxembourg, Small Business, Technology
Tagged Altum, Baltic innovation ecosystem, Baltic Innovation Fund 3, climate-aligned investment, EIF and Baltic Partners Strengthen Regional Investment Ecosystem with Baltic Innovation Fund 3, Estonia, European Investment Fund, Fiduciary Management, growth capital, ILTE, Latvia, Lithuania, Marjut Falkstedt, private equity, public-private investment, Reinis Bērziņš, scale-ups, Sille Pettai, SmartCap, startup funding, Tadas Gudaitis, venture capital
(IN BRIEF) Kapsch TrafficCom has been contracted by Via Lietuva to deliver and operate a satellite-based e-tolling system for trucks over 3.5 tonnes across 2,851 kilometres of Lithuanian roads in what is described as the world’s first public tender requiring … Read the full press release
Posted in Austria, Industrial, Infrastructure & Utilities, Lithuania, Management, Technology, Transportation & Logistics
Tagged 2, 851 km road network, Apple Pay, Carolin Treichl, distance based tolling, e-tolling, EETS integration, GDPR Compliance, Google Pay, heavy vehicles over 3.5 tons, Intertraffic Amsterdam, Juras Taminskas, Kapsch TrafficCom, Lithuania, Lithuania Selects Kapsch TrafficCom for 2851 km Distance-Based Tolling System to Replace Vignette Model, Martynas Gedaminskas, Michael Weber, on-premise data centres, Satellite Tolling, smartphone tolling app, solution-as-a-service, Via Lietuva
(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
Posted in Banks, Business, Economy, Energy, Gas & Oil, Environment, Estonia, Financial, Government, Industrial, Infrastructure & Utilities, Investment, Latvia, Lithuania, Management, Marketing, Technology, United Kingdom
Tagged Baltic Capital Markets Acceleration Fund, Baltic States, battery energy storage, capital markets, decarbonisation, EBRD, EBRD delivers record €654 million investment in the Baltic states in 2025 with strong green focus, electric vehicle charging, energy security, Estonia, green transition, Ignitis, ILTE, Kelme Wind Park, Latvia, Lithuania, private sector investment, renewable energy, Securities Market Act, securitisation, Sunly, Tomas Kairys
(IN BRIEF) The European Investment Bank Group increased its financing in Lithuania by 29% in 2025 to €577 million, placing security and defence investments at the centre of its support while also advancing renewable energy, water infrastructure, and business financing. … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Investment, Lithuania, Luxembourg, News, Security & Safety, Small Business
Tagged defence financing, EIB, EIB Group Steps Up Lithuania Funding with Major Defence Loans and Strategic Infrastructure Projects, EIF, European Investment Bank Group, European Investment Fund, GDP impact, Ignitis Group, ILTE, job creation, Lithuania, NATO interoperability, onshore wind farm, Public Private Partnership, renewable energy, Rūdninkai military base, security investments, SMEs, Sustainable Finance, Vilniaus vandenys, water infrastructure
(IN BRIEF) The Nordic Investment Bank has provided an EUR 84 million loan, matched by the European Investment Bank, to finance nine new educational buildings in Vilnius through UAB Vilnius Education Infrastructure. The project will deliver five kindergartens and four … Read the full press release
Posted in Banks, Construction, Education, Financial, Finland, Industrial, Infrastructure & Utilities, Internet & Online, Investment, Lithuania, News, Technology, Telecom
Tagged A++ energy efficiency buildings, European Investment Bank, inclusive education, kindergarten development, Lithuania education infrastructure, Nordic Investment Bank, public education financing, school construction, sustainable public infrastructure, urban population growth, Vilnius Advances Public Education Capacity with EUR 168 Million Infrastructure Investment, Vilnius Development Company, Vilnius Education Infrastructure
(IN BRIEF) Saab has received a new SEK 1.4 billion order from the Lithuanian Defence Materiel Agency for a third MSHORAD system battery, with deliveries scheduled from 2026 to 2030. The equipment will be installed on Oshkosh JLTV 4×4 vehicles, … Read the full press release
Posted in Aviation & Aerospace, Business, Defence, Industrial, Lithuania, Management, Marketing, News, Security & Safety, Sweden, Technology, Transportation & Logistics
Tagged 2026-2030 deliveries, datalink, GBAD C2, Giraffe 1X radar, Görgen Johansson, Lithuania, Lithuanian Defence Materiel Agency, Mobile Air Defence, MSHORAD, Oshkosh JLTV, Saab, Saab strengthens Baltic defence integration with new mobile air-defence order from Lithuania, short-range air defence, third battery, vehicle-integrated air defence
(IN BRIEF) EIB Global has unveiled a €1 billion financing package to advance renewable energy generation and integrate national electricity grids across six Central American nations—Costa Rica, Panama, Honduras, Guatemala, El Salvador, and Belize—under the EU Global Gateway Investment Agenda. … Read the full press release
Posted in Banks, Defence, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, News
Tagged António Costa, Belize, CELAC-EU summit, Central America, clean energy financing, Climate Action, Costa Rica, EIB Global, EIB Global launches €1 billion clean energy and power grid integration initiative for Central America, El Salvador, electricity grid, energy transition, EU Global Gateway Investment Agenda, European Investment Bank, European Union, Guatemala, Honduras, Ioannis Tsakiris, Jozef Sikela, Latin America, Nadia Calviño, Panama, Regional integration, renewable energy, sustainable development, Team Europe, Teresa Ribera
(IN BRIEF) The European Investment Bank (EIB) has approved a €300 million loan to strengthen Lithuania’s defence infrastructure, marking over €1 billion in total EIB support to the country’s defence in 2025. The financing will fund key investments in logistics, … Read the full press release
Posted in Banks, Defence, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, News
Tagged Baltics, crisis preparedness, defence investment, Eastern border, EIB, EU for security, EU security, European defence, European Investment Bank, Karl Nehammer, Kristupas Vaitiekūnas, Lithuania, Lithuania strengthens national and European security with new €300 million EIB investment, military infrastructure, NATO, resilience, Rūdninkai base, Team Europe
(IN BRIEF) Nokia has signed an extended partnership with Telia to enhance 5G capabilities across the Nordic and Baltic regions, deploying its cloud-native 5G Standalone Core in Finland, Sweden, Norway, Estonia, and Lithuania. The agreement also includes the use of … Read the full press release
Posted in Business, Estonia, Finland, Industrial, Infrastructure & Utilities, Internet & Online, Lithuania, News, Norway, Sweden, Technology, Telecom
Tagged 5G Core, 5G standalone, AI, Alexandra Fürst, automation, cloud-native networks, connectivity, digital transformation, energy efficiency, Estonia, Finland, Gartner, Kal De, Lithuania, network scalability, Nokia, Nokia and Telia Strengthen Strategic Partnership to Advance 5G Networks Across the Nordics and Baltics, Nokia DX Division, Nordic and Baltic, Norway, Omdia, RAN, sustainability, Sweden, telecom infrastructure, telecommunications, Telia, Telia Enhances 5G Capabilities Across Northern Europe with Nokia’s Standalone Core and RAN Solutions
(IN BRIEF) The EIB and EIF have approved €9.2 billion in financing to boost Europe’s innovation and sustainability agenda, including a landmark €400 million HousingTech initiative to revolutionise the construction industry and enhance affordable housing. The EIF also invested in … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Germany, Healthcare, Industrial, Infrastructure & Utilities, Investment, Italy, Lithuania, Luxembourg, Netherlands, News, Poland, Portugal, Real Estate, Technology
Tagged affordable housing, Africa, Brazil, civil society seminar, Clean Industrial Deal, digital transformation, EIB, EIB Group, EIF, EU innovation, European Investment Bank, European Investment Fund, European Union, green transition, Healthcare Innovation, HousingTech, Iceland, Multilateral Development Banks, Nadia Calviño, paediatrics venture capital fund, renewable energy, SERBIA, SMEs, social infrastructure, sustainable housing, sustainable transport, TechEU, UKRAINE, water infrastructure, wind power
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is lending €79.5 million to Ignitis Group as part of a €318 million financing consortium that includes the EIB, Swedbank, and NIB to fund the 314 MW Kelmė wind farm … Read the full press release
Posted in Banks, Energy, Gas & Oil, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania
Tagged 5 GW target, Baltic region, clean power, climate goals, EBRD, EBRD Backs Ignitis Group with €79.5 Million Loan to Build the Baltic Region’s Largest Onshore Wind Farm, Energy Independence, energy security, EU Energy Policy, European Investment Bank, green transition, Ignitis Group, Kelmė wind farm, Lithuania, Lithuanian households, Nordic Investment Bank, onshore wind, renewable energy, Sustainable Finance, sustainable infrastructure, Swedbank, zero-carbon electricity
(IN BRIEF) The European Investment Bank (EIB) is providing a €50 million loan to Vilniaus vandenys, Lithuania’s largest water utility, to upgrade and expand water and wastewater infrastructure in the Vilnius region. The project includes station upgrades, network extensions, and … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, European Union, Financial, Industrial, Infrastructure & Utilities, Investment, Lithuania, Luxembourg, News, Technology
Tagged climate resilience, digital transformation, EIB, EIB Supports €50 Million Upgrade of Vilnius Water Infrastructure to Boost Sustainability and Digital Efficiency, environmental protection, EU environmental policy, European Investment Bank, InvestEU, Karl Nehammer, Lithuania, public health, renewable energy, Saulius Savickas, Simonas Klimavičius, smart meters, sustainable investment, Vilniaus vandenys, Vilnius, wastewater management, water infrastructure
(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) has extended a €30 million sustainability-linked loan to Scandagra Group, backed by an InvestEU guarantee, to support the agribusiness company’s operations in Estonia, Latvia and Lithuania. The financing will fund … Read the full press release
Posted in Agriculture, Banks, Energy, Gas & Oil, Environment, Estonia, European Union, Financial, Infrastructure & Utilities, Investment, Latvia, Lithuania, Management
Tagged Baltic States, biodiversity, climate-smart farming, Dansk Landbrugs Grovvareselskab, Dataväxt, DLG, EBRD, EBRD and InvestEU support Scandagra with €30 million loan to scale precision farming in the Baltics, Estonia, European Bank for Reconstruction and Development, greenhouse gas emissions reduction, InvestEU, Lantmännen, Latvia, Lithuania, nutrient efficiency, Precision Agriculture, Scandagra Group, Scandagra secures first sustainability-linked loan from EBRD to cut emissions and boost resource efficiency, sustainability-linked loan, €30 million EBRD financing to drive climate-smart agriculture and green innovation across Baltic farmland
(IN BRIEF) NIB and NORD/LB will provide up to EUR 64 million to finance two 91 MWp solar parks in Izabelinė and Lieponys, Lithuania, developed by Green Genius. Supported by the InvestEU programme, the projects include an 18 MW battery … Read the full press release
Posted in Banks, Energy, Gas & Oil, Environment, Financial, Finland, Industrial, Investment, Lithuania, News, Technology
Tagged battery energy storage, BESS, clean energy transition, CO2 reduction, EBRD, energy diversification, energy transition, European Bank for Reconstruction and Development, European Green Deal, Green Genius, Ignalina municipality, InvestEU, Izabelinė, Lieponys, Lithuania, NIB, NORD/LB, Nordic Investment Bank, Photovoltaic, PV capacity, renewable energy financing, renewable energy projects, solar energy, sustainable infrastructure, Trakai district, utility-scale solar
(IN BRIEF) FL Technics has opened a 2,041 m² Wheels and Brakes facility in Bergamo, Italy—its fourth in Europe—positioned near Milan Bergamo Airport to serve airlines in Southern and Western Europe. Alongside sites in Vilnius, Budapest, and Hanover, the new … Read the full press release
Posted in Aviation & Aerospace, Business, Industrial, Italy, Lithuania, Management, News, Transportation & Logistics
Tagged AOG support, Avia Solutions Group, aviation maintenance, Bergamo, Budapest, Emissions Reduction, Europe, FL Technics, Hanover, landing gear MRO, logistics optimization, Milan Bergamo Airport, regional network, skilled technicians, turnaround times, Vilnius, Wheels and Brakes facility, Zilvinas Lapinskas
(IN BRIEF) FL Technics, part of Avia Solutions Group, has been appointed an official Honeywell channel partner for business and general aviation. The collaboration empowers FL Technics’ MRO centers to supply, install, and support Honeywell engines and APUs under a … Read the full press release
Posted in Aviation & Aerospace, Business, Industrial, Lithuania, Management, News, Transportation & Logistics
Tagged APUs, Arūnas Ganiprauskas, Avia Solutions Group, Aviation Safety, avionics, Business Aviation, certified installation, channel partner, connectivity, engines, FL Technics, Flavio Michio Osanai, fuel efficiency, general aviation, Honeywell Aerospace Technologies, mechanical systems, MRO Solutions, OEM-backed framework, on-time performance, Operational Efficiency
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