Baltic Prime Ministers convene in Tallinn with Rail Baltica at the centre of the agenda
Earlier today in Tallinn, Estonian Prime Minister Kristen Michal, Latvian Prime Minister Evika Siliņa and Lithuanian Prime Minister Inga Ruginienė convened for high-level discussions on regional cooperation, infrastructure and security. The meeting opened at the Rail Baltica Ülemiste terminal, where the three heads of government reviewed construction progress and debated on the strategic priorities of Rail Baltica.
Rail Baltica is the largest cross-border infrastructure project in the Baltic region and one of the most consequential investments Europe is making on its eastern flank. It integrates Estonia, Latvia and Lithuania into the European standard-gauge network, unlocks modern passenger and freight connectivity across the region, and serves a dual purpose of economic competitiveness and collective security, including military mobility in support of NATO. The shared commitment of the three governments remains firm: deliver the mainline and connect the region to Europe by 2030.
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Originally published on 17 Apr
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On 16 December, a ceremony was held in the Free Trade Zone at the Port of Gdańsk to inaugurate two modern warehouses belonging to Solid Port, one of the key operators in the Inner Port.
Solid Port conducts tasks like handling operations at the WOC (Free Trade Zone) Quay. As part of the new investment, on land leased from the Port of Gdańsk for 30 years, they have erected two steel-structured tent-type buildings, designed on a rectangular plan with 40×60 m base dimensions plus a ridge height of 14.5 m. The walls and roofs of the halls have been made using a durable PVC coating. These warehouses are used to store organic fertilisers.
Solid Port has a significant role in handling such bulk cargo as loose raw materials, aggregates and fertilisers. These types of cargo are essential for the functioning of many sectors of the economy, including industry, agriculture and trade. The activities of such entities make it possible to maintain the continuity of supplies of these strategic goods. It has invested consistently in the development of infrastructure and superstructure for many years, systematically raising the cargo handling standards.
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Originally published on 17 Dec
MyDello, the digital freight forwarding platform dedicated to simplifying global trade, today announced it has successfully closed a €3.1 million funding round. The round was led by the Icelandic fund Frumtak Ventures, with significant follow-on participation from early investor Superhero Capital.
This new capital will be used to accelerate MyDello’s mission to transform the deeply fragmented and antiquated global logistics industry. The investment will fuel the development of advanced AI-powered solutions, drive strategic expansion into new European markets, and further enhance MyDello’s digital platform, which has already onboarded over 12,500 businesses.
The global logistics industry, valued at an estimated $6 trillion annually, has long been a bottleneck for businesses worldwide. For decades, it has operated on outdated systems involving faxes, phone calls, and mountains of physical paperwork, creating a frustratingly opaque and inefficient environment. MyDello was founded to solve this problem head-on by providing a single, digital-first platform that makes shipping goods simple, transparent, and efficient for everyone.
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Originally published on 16 Dec
A team of experts with over 15 years of experience in funding businesses has launched Aneli Capital, a fund to support early-stage startups in the Baltics, Poland, and other Central and Eastern European (CEE) countries. The €35 million fund will primarily focus on Information and Communication Technology (ICT) as well as robotics, space, photonics, and energy startups, with the goal of helping them grow and become ready for follow-on investors.
While CEE startups are gradually becoming more visible in the international startup scene, they still face issues such as a lack of funding and difficulties in scaling compared to their Western counterparts.
Aneli Capital plans to help solve these challenges by offering efficient, quick decision-making and founder-friendly terms in addition to capital.
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Originally published on 10 Dec
Latvian airline airBaltic has announced frequency increases on more than 30 existing routes across the Baltics for the Summer 2026 season. The airline will increase frequencies on 20 routes from Riga (Latvia), four from Tallinn (Estonia) and seven from Vilnius (Lithuania). This expansion will offer passengers more convenient travel choices and improved connectivity.
Mantas Vrubliauskas, VP Network Management at airBaltic: “Our summer 2026 expansion reflects a clear focus on our customers and their travel needs. By increasing frequencies on popular business and leisure routes, we are offering better connectivity, and greater flexibility to travellers, while continuing to strengthen Latvia’s and the Baltic States’ connectivity with Europe and beyond.”
For the upcoming summer season, airBaltic will launch ten new routes from the Baltic capitals. From Riga, flights will operate to Antalya (Turkey), Gothenburg (Sweden), Kaunas (Lithuania), Oulu (Finland), and Warsaw (Poland). From Tallinn, the airline will launch flights to Athens (Greece), Hamburg (Germany), and Vienna (Austria), while from Vilnius, new flights will connect to Chisinau (Moldova) and Zurich (Switzerland).
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Originally published on 17 Dec
Lietuvos bankas has granted an authorisation of a crypto-asset service provider to Nuvei Liquidity, UAB for the provision of custody and administration of crypto-assets, transfer services for crypto-assets, exchange of crypto-assets for funds and other crypto-assets.
The company has also obtained the payment institution licence, authorising it to perform operations with electronic money tokens (EMT).
Nuvei Liquidity, UAB, which has operated in Lithuania since 2004, is part of the Nuvei Group, one of Canada’s largest providers of financial technology services, operating in more than 20 jurisdictions.
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Originally published on 17 Dec
Lietuvos bankas has granted an authorisation of a crypto-asset service provider to UAB Decentralized for the provision of custody and administration of crypto-assets, transfer services for crypto-assets, exchange of crypto-assets for funds and other crypto-assets.
The company has also obtained the payment institution licence, authorising it to perform operations with electronic money tokens (EMT).
UAB Decentralized operating under the CoinGate brand, is one of the oldest virtual currency exchange operators in Lithuania (founded in 2014) with more than 50 employees.
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Originally published on 17 Dec
The Turku–Stockholm Green Shipping Corridor is one of the few routes where ambitious goals have already translated into concrete action. This is highlighted in the newly published Annual Progress Report on Green Shipping Corridors 2025, which tracks the global development of green maritime transport corridors.
In February 2024, the Ports of Turku and Stockholm together with Viking Line signed a cooperation agreement to develop a green maritime corridor between the two cities. The aim is to achieve a fully fossil-free and carbon‑neutral corridor by 2035, making it one of the Green Shipping Corridors defined under the Clydebank Declaration. The route was chosen as a pilot due to its high traffic volumes and its location in an environmentally sensitive archipelago. The cooperation provides a platform for solutions that can progressively reduce emissions and promote sustainable maritime transport.
Of the 84 global initiatives identified in the report, only four have so far reached the so‑called implementation stage, in which emission‑reducing measures are deployed in regular operations. Two of these are located in the Baltic Sea region, including the Turku–Stockholm route, which is regarded as one of the most advanced internationally.
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Originally published on 16 Dec
Since 2018, Tallinn Airport has reduced carbon emissions from its operations by 96%. An audit carried out under the Airport Carbon Accreditation (ACA) global carbon management certification programme has confirmed that the airport achieved carbon neutrality based on the actions adopted in 2024 (certified in 2025). To receive certification, the company was required to reduce its emissions by at least 90%, for us the remaining 4% – related to de-icing activities and employee business travel – permitted to be offset.
This substantial reduction in emissions represents a significant achievement, reflecting the effectiveness of the actions and commitment demonstrated by the company, its employees, and partners.
According to Anneli Turkin, Member of the Management Board of Tallinn Airport, Tallinn has for years served as a role model for other airports across Europe, particularly through its determination and tangible actions, which have now resulted in the achievement of carbon neutrality. “Since 2018, we have systematically collected data, calculated and reduced our carbon footprint, and involved our partners in the process. Everyone’s contribution has been invaluable, and the change in our employees’ behaviour has had a major impact – the CO₂e emissions per employee at Tallinn Airport have decreased from 38 tonnes to just 1.3 tonnes,” said Turkin, adding that he is extremely proud of the entire airport team.
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Originally published on 11 Dec
Proton, a Swiss privacy-focused technology company, is expanding its software engineering operations in Lithuania as part of its broader global development strategy. The Vilnius office, established in 2019, currently employs around 20 specialists and acts as a regional R&D hub integrated into Proton’s global product teams.
Proton was founded in 2014 by a team of scientists who met at CERN. Guided by the belief that privacy is a fundamental human right, the company has grown into a global provider of secure, open-source services with more than 100 million accounts across 180+ countries. Its products include Proton Mail, Proton VPN, Proton Drive, Proton Calendar, Proton Pass, Proton Authenticator, and Proton Wallet. The company’s users range from privacy-conscious individuals to journalists, activists, NGOs in high-risk environments and privacy-first businesses.
Proton selected Vilnius for expansion due to its high-quality engineering talent, strong university programmes in computer science and cybersecurity, and a mature technology ecosystem. According to Beatriz Dominguez, VP People at Proton, Lithuania also offers favourable conditions for privacy-first innovation, supported by government incentives and strong connectivity to European data infrastructure.
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Originally published on 16 Dec
The EIB loan will support Nokia’s research and development in radio access networks, covering both hardware and software. These technologies are key to boosting the performance, energy efficiency and cybersecurity of mobile systems. They also lay the groundwork for integrating artificial intelligence in future 6G networks. The project helps retain high-skilled jobs and critical intellectual property within Europe.
“Nokia’s innovations in 5G and 6G are key to Europe’s digital future,” said EIB Vice-President Karl Nehammer. “By supporting this R&D programme, we are helping to secure strategic autonomy in next-generation network technologies and strengthen Europe’s competitiveness in a critical sector.”
Headquartered in Espoo, Nokia is a global leader in fixed, mobile and cloud network technologies, with operations in more than 130 countries and over 78,000 employees. The company invested €4.5 billion in R&D in 2024, representing 23% of its annual revenue.
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Originally published on 16 Dec