Tag Archives: Lithuania

ORLEN Group Brings 42.2 MW Solar PV Farm Online at Mažeikiai Refinery

(IN BRIEF) ORLEN Group has brought a 42.2 MW solar PV farm online at its Mažeikiai refinery in Lithuania, marking the Group’s largest on-site renewable energy installation and supporting its wider energy transition strategy. The facility, built by Polish contractor … Read the full press release

Kapsch TrafficCom Demonstrates Common Geolocation Platform Across European Tolling Domains

(IN BRIEF) Kapsch TrafficCom has expanded its Geo Location Platform for satellite-based tolling to the Netherlands, where it is now operating alongside deployments in Belgium and Bulgaria. The platform creates tolling transactions using Kapsch TrafficCom’s own map-matching, trip-building and tolling … Read the full press release

Kreda and European Investment Fund to Support Up to €70 Million in Sustainable Investments

(IN BRIEF) The Kreda credit union group, administered by the United Central Credit Union, has signed a strategic cooperation agreement with the European Investment Fund to support sustainable investment projects in Lithuania. The agreement will make up to €70 million … Read the full press release

Storm Aviation Expands GO Team Into Global AOG Recovery Coordination Hub for FL Technics Group

(IN BRIEF) Storm Aviation, the UK-based MRO provider and part of FL Technics Group, has expanded its GO Team into the central coordination hub for Aircraft on Ground recovery across the group. The move gives airlines, ACMI providers, lessors and … Read the full press release

Indra Group and Three Seas Initiative – Ukraine Sign Agreement to Support Rail Corridor Modernisation

(IN BRIEF) Indra Group and the National Platform “Three Seas Initiative – Ukraine” have signed a memorandum of understanding to promote technological cooperation and support the modernisation of Ukraine’s strategic and dual-use infrastructure, with a particular focus on rail corridors … 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

Gasum Reinforces Energy Transition Strategy With Long-Term Capacity Reservation at Lithuania’s Klaipeda LNG Terminal

(IN BRIEF) Gasum has secured long-term capacity at the Klaipeda LNG terminal in Lithuania for the 2033–2040 period, strengthening its ability to supply LNG and bio-LNG to customers across Northwestern Europe. The agreement supports the company’s long-term energy transition strategy … Read the full press release

ORLEN Advances Small-Scale LNG and BioLNG Strategy with Customer Demand Assessment in Poland and Lithuania

(IN BRIEF) ORLEN has opened a market demand survey for small-scale LNG and bioLNG, inviting business partners and customers to provide information on projected volumes, preferred delivery locations and expected fuel-use models. The results will help ORLEN plan future infrastructure … Read the full press release

Sweco Adds Platom’s Nuclear Safety, Licensing and Technical Expertise to Support Growing Energy Transition Demand

(IN BRIEF) Sweco has agreed to acquire Platom, a Finnish nuclear consultancy with more than 25 years of experience and around 30 specialists. The acquisition will make Sweco the leading nuclear consultancy in Finland and strengthen its European capabilities in … Read the full press release

Mercedes-Benz Trucks to Deliver More Than 500 Actros L ProCabin Trucks to Lithuanian Transport Company TRANSTIRA

(IN BRIEF) Mercedes-Benz Trucks has secured a major order from Lithuanian logistics and transport company TRANSTIRA for more than 500 Actros L ProCabin trucks, with deliveries scheduled during 2026. The order will support TRANSTIRA’s expansion in European long-haul transport and … Read the full press release

NIB Financing to Help Klaipėda Seaport Strengthen Regional Trade Links, Green Energy Operations and Supply Chain Resilience

(IN BRIEF) NIB has signed a EUR 55.5 million uncommitted credit facility with AB Klaipėda State Seaport Authority to support a EUR 111 million infrastructure investment programme at Klaipėda Seaport in Lithuania. The programme will fund upgrades aimed at improving … Read the full press release

Saab Expands Defence Cooperation with Lithuania Through New Carl-Gustaf M4 Weapons Agreement

(IN BRIEF) Saab has secured a SEK 460 million order from Lithuania for Carl-Gustaf M4 weapons and training equipment, with deliveries planned from 2026 to 2029. The agreement forms part of a broader ten-year contract that could reach a total … Read the full press release

European Bank for Reconstruction and Development appoints Andreea Moraru as Managing Director for Central Europe and the Baltic States

(IN BRIEF) European Bank for Reconstruction and Development has appointed Andreea Moraru as Managing Director for Central Europe and the Baltic States, effective from 1 June 2026. Based in Warsaw, she will oversee the Bank’s activities across eight countries in … 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

Telia Norway Secures Top Position in National Mobile Network Benchmark for Second Consecutive Year with 830-Point Performance Score

(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

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

Kapsch TrafficCom to Deliver and Operate Lithuania’s Nationwide Satellite-Based Truck E-Tolling System via Smartphone App

(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

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