UAE’s state-owned air carrier, flydubai, has opened regular flights from the Latvian and Lithuanian capitals, Riga and Vilnius, to Dubai, LETA and ELTA reported. The company will have three flights per week on both routes. Jeyhun Efendi, senior vice-president for commercial operations at flydubai, said that the airline planned to open flights to the Estonian…
The Lithuanian tour operator, Join UP! Baltic, will move its charter flights to Egypt from Vilnius to Kaunas as of 17 December 2025 due to disruptions caused by smuggler balloons from Belarus, BNS reports. Lithuania’s airport operator, Lietuvos Oro Uostai (LTOU), said that the tour operator’s flights to Hurghada and Sharm el-Sheikh would operate from…
Estonia’s and Latvia’s state-owned passenger train operators, Elron and Pasazieru Vilciens (Vivi), will open a regular train service from Tallinn via Tartu to the Latvian capital, Riga, on 12 January 2026, ERR reports. Elron received permission from the European Union Agency for Railways (ERA) to use three new Stadler FLIRT diesel trains on Latvian railway…
Latvia’s Riga city council plans to sell the municipal housing company, Rigas Namu Parvaldnieks (RNP), LETA reports. Under the proposal, RNP would be reorganised and converted into a joint-stock company before the sale through a public securities offering. The plan is first to sell 51% of RNP’s shares. Individual investors would be a able to…
Russian businessman Vladimir Antonov, former owner of Lithuania’s collapsed Snoras bank, has been detained in France under a European Arrest Warrant issued by the Lithuanian Prosecutor General’s Office, BNS reports. Antonov was detained in Baden on 9 December 2025. Prosecutor General Nida Grunskiene said that work was underway to have him extradited to Lithuania. She…
The chairman of the supervisory council of Latvia’s state-owned railway operator, Latvijas Dzelzcels (LDz), Andris Liepins, and council member Reinis Ceplis have resigned, LETA reports. They highlighted the strategic transformation at LDz during their tenure. Liepins and Ceplis were appointed to LDz’s council in 2019. They will serve in their positions until the end of…
Latvia’s Road Transport Administration (ATD) has signed an agreement with Czechia’s Skoda Group for the purchase of nine battery-powered electric trains, LSM reports. Skoda was the only eligible bidder for the contract, LETA reported. Under the deal, worth EUR 89.409mn, Skoda is due to deliver the BEMU trains in 2029. ATD has an option to…
Most large and medium-sized companies in the Baltic States plan to invest in business development in 2026, according to a Kantar survey for OP Corporate Bank, LSM reports. The survey showed that 87% of enterprises in Lithuania, 85% in Latvia, and 74% in Estonia plan to invest in development. Specifically, Lithuanian companies plan to increase…
Latvia’s SmartLynx Airlines has filed for insolvency, LETA reports. CEO Edvinas Demenius explained that SmartLynx had intended to implement a restructuring plan by 15 December 2025. However, “false and misleading information from various stakeholders” had led to the loss of aircraft and customer contracts, he said. SmartLynx has liabilities totalling around EUR 238mn, of which EUR…
