The founder and chairman of Lithuanian property developer Hanner, Arvydas Avulis, is the country’s most influential business person, according to two new polls, BNS reports. Avulis ranked highest in surveys of both the country’s professional elite and general public. Combining the two polls, 51.6% of respondents ranked Avulis first. Dainius Dundulis, founder and owner of…
The Estonian government has approved amendments to the law regulating the operations of the country’s public broadcaster, Eesti Rahvusringhääling (ERR), ERR reports. Culture Minister Heidy Purga said that the changes would bring the law into line with EU regulations. The amendments would introduce a four-year funding agreement for ERR and fixed-term contracts for editorial management….
Latvia’s national air carrier, airBaltic, may cut 500-700 jobs at its bases in the three Baltic capitals, BNS reports. The company announced that it was in talks with trade unions on potential layoffs, which could affect about 20% of its total workforce. Currently, the airline employs around 3,000 people in the Baltic States. Meanwhile, Dace…
The Latvian parliament, the Saeima, has expanded an existing ban on the import of food from Russia and Belarus, LSM reports. The parliament passed in final reading urgent amendments that will ban the import of not just agricultural goods and animal feed but also food products of Russian and Belarusian origin. The ban will apply…
The Estonian government has banned transit shipments of grain from Russia and Belarus, ERR reports. Amid attacks on shipping in the Black Sea, Russia has diverted grain exports away from Black Sea ports to other ports, including on the Baltic Sea coast. Russia and Belarus have not used Estonian ports to export grain to third…
The share of new businesses registered in proportion to the number of active enterprises in Lithuania was the highest in the entire EU in 2024, according to Eurostat data, LSM reports. Lithuania’s so-called enterprise birth rate stood at 17.5% in 2024, compared to 13.9% in Latvia and 12.1% in Estonia. The EU average was 10.4%….
The Lithuanian government has declared a nationwide emergency and four municipalities have declared local emergencies after a severe storm on 22-23 August 2026, BNS reported. Wind speeds reached up to 33 mps on the seaside and a month’s rain fell in 12 hours in some areas, according to the Lithuanian Hydrometeorological Service (LHMT), BNS reported….
Latvia’s Central Statistical Bureau (CSP) has begun publishing a list of Latvian companies that export goods to or import goods from Russia or Belarus, LSM reports. CSP will update the list monthly. The list now includes 170 companies, some very well-known ones, that continue to do business with Russia or Belarus in sectors that are…
The Latvian parliament, the Saeima, has approved in an extraordinary session an urgent law that allows the state to bail out the country’s ailing national airline, airBaltic, LSM reports. The law, which was rushed through parliament in just one day, will allow the government to acquire around EUR 30mn of more airBaltic bonds. Also, the…
