Latvia: Sputnik Lithuania editor-in-chief flees Latvia after trial

The editor-in-chief of Russian propaganda agency Sputnik’s Lithuanian edition, Marats Kasems, has fled Latvia, fearing criminal prosecution, Maria Zakharova, spokeswoman for Russia’s Foreign Ministry, announced, LETA reports. Riga-based Russian independent news website Meduza reported that Kasems was now in Russia. Meanwhile, his Facebook page indicates that he is currently in the UK. Earlier, Kasems pled…

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Latvia: Orlen Latvija biggest corporate taxpayer in 2022

Latvia’s State Revenue Service (VID) has published a list of the country’s 17 largest corporate taxpayers, Baltic News Network reports. VID highlighted the largest taxpayers in the large, medium, and small business segments in Latvia’s five regions. The country’s biggest taxpayer in 2022 was Polish-owned fuel trader Orlen Latvija, which paid 278.95mn in taxes. In…

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Lithuania: Software startup PVcase secures USD 100mn investment

The Lithuanian developer of solar project design software, PVcase, has secured USD 100mn (EUR 90mn) of new funding from international investors, pv magazine reports. Existing investor, Boston-based Elephant VC, Chicago-based Energize Ventures, and London-based Highland Europe participated in the funding round. This is the second-largest investment ever in Lithuania’s startup sector, Baltic News Network reports….

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