Lithuania: “Your security is our security,” German president says

German President Frank-Walter Steinmeier visited Lithuania on the country’s Statehood Day on 6 July 2025, BNS reported. He reaffirmed Germany’s commitment to Lithuania’s defence. Speaking at a joint press conference with Lithuanian President Gitanas Nauseda in Vilnius, Steinmeier stated: “Your security is our security, your freedom is our freedom.” Germany is deploying a permanent brigade…

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Latvia: Estonia rejects offer to buy into airBaltic

The Estonian government has rejected an offer to buy shares in Latvia’s national air carrier, airBaltic, LSM reports. Estonia’s Infrastructure Minister, Kuldar Leis, explained that the decision was due to the fact that airBaltic’s change of management had not been completed and its financial situation remained problematic. He said that Estonia would not raise airport…

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Latvia: KNAB to investigate airBaltic CEO for possible conflict of interest

Latvia’s Corruption Prevention and Combating Bureau (KNAB) has opened an investigation into possible conflict of interest involving Martin Gauss, CEO of the country’s national airline, airBaltic, LETA reports. KNAB said that it opened the probe after receiving applications from private individuals. Earlier, Girts Lapins, spokesman for the opposition National Alliance, reported that Gauss owns a…

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Latvia: LIAA helped attract EUR 655mn of foreign investments in 2024

The Investment and Development Agency of Latvia (LIAA) helped attract 45 foreign investment projects, which will create an estimated 2,023 new jobs, in 2024, LSM reports. The total value of the projects is EUR 655.4mn, which is up 6% from 2023. The biggest investments were in high-value-added manufacturing, ICT, energy, and aviation. LIAA’s target is…

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Baltic: airBaltic to cancel flights on 19 routes in summer 2025

Latvia’s national airline, airBaltic, has announced that it will cancel flights on 19 routes and reduce flights on 21 routes in summer 2025 due to engine maintenance, LSM reports. The company will cancel flights from Riga to Aberdeen, Belgrade, Cluj-Napoca, Gothenburg, Mykonos, Pristina, Rzeszów, Skopje, Stavanger, and Yerevan. Also, the company will cancel flights from…

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Lithuania: Rheinmetall signs JV agreement on ammo plant project

Lithuania’s state-owned investment firm EPSO-G Invest and ammunition manufacturer Giraites Ginkluotes Gamykla (GGG) have signed an agreement to establish a joint venture, Rheinmetall Defence Lithuania, with German defence industry group Rheinmetall, Baltic News Network reports. Under the agreemnt, the companies will invest in an artillery ammunition plant in the town of Baisogala in Lithuania’s Radviliskis district. Rheinmetall…

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