Smuggler balloons from Belarus disrupted flights at Lithuania’s Vilnius International Airport (VIA) overnight on 4 October 2025, LRT reports. The National Crisis Management Centre (NKVC) reported that 25 meteorological balloons, most likely carrying smuggled cigarettes, entered Lithuanian airspace from Belarus. State-run airport operator Lietuvos Oro Uostai (LTOU) suspended flights at VIA at around 10pm on…
Employee optimism about wage growth is waning in the Baltic States, according to Citadele Bank’s Purchasing Barometer survey in August 2025, BNS reports. The survey showed that 15% of Lithuanian workers expect a pay rise in the next three months, compared to 12% in Latvia and just 6% in Estonia. Meanwhile, 10% of workers in…
Estonian fashion retailer Baltika Group has ceased operations and filed for bankruptcy, BNS reports. The group will lay off all of its 120 employees in Estonia, Latvia, and Lithuania. Baltika pointed to a prolonged difficult financial situation and unfavourable market conditions in the Baltic States. The group’s parent company, European Lingerie Group (ELG), will continue to…
Websites of several state institutions in Latvia were hit by a major distributed denial-of-service (DDoS) attack on the morning of 2 October 2025, according to the Latvian State Radio and Television Centre (LVRTC), LSM reported. The attack disrupted the websites of e-government portal Latvija.lv, electronic signature service eParaksts, the State Revenue Service (VID), the Cabinet…
Lithuanian real estate developer Hanner and Baltic investment company BaltCap have completed a deal under which Hanner will take over the national stadium project in Vilnius, BNS reports. Hanner acquired 98% of shares in Venetus Capital, which owns the project’s concessionaire, Vilniaus Daugiafunkcis Kompleksas (VDK), for one euro. Hanner will pay EUR 2.8mn to BaltCap…
Lithuania’s two largest banks have raised their inflation forecasts for 2025, BNS reports. SEB Bank now expects annual inflation to reach 3.3% in 2025, while Swedbank’s forecast now stands at 3.0%. In November 2025, both banks projected that annual inflation would reach 2.7% in 2025. The banks kept their inflation forecast for 2026 unchanged at…
Lithuania’s average gross monthly wage amounted to EUR 2,218 in 2024, which was up by EUR 204 (10.2%) from 2023, according to the State Data Agency (VDA), BNS reports. The average net monthly wage increased by EUR 116 (9.3%) to EUR 1,365. Real wages rose by 8.5% over a year. The main drivers of wage…
Estonia’s state-owned passenger train operator, Eesti Liinirongid (Elron), plans to open a direct train connection between Tartu in southern Estonia and the Latvian capital, Riga, in summer 2025, BNS reports. Elron will soon begin test runs between Valga and Riga. CEO Lauri Betlem said that the authorisation of trains in Latvia had taken much longer…
The passenger train operators of the three Baltic States will open an easier connection from Tallinn via Tartu and Riga to Vilnius on 6 January 2025, BNS reports, citing Vooremaa. The new connection harmonises carrier timetables and will include two transfers. The whole journey from Tallinn to Vilnius will take around 10.5 hours in total,…
