Baltic synchronisation achieved global recognition by winning PMI’s Project of the Year award
The Baltic countries’ synchronisation with continental Europe won the prestigious Project of the Year award at the Project Management Institute (PMI) awards ceremony held in Phoenix, Arizona. One of the largest and most widely renowned associations of project management professionals recognized the successful implementation of this complex project ahead of schedule.
“This global recognition once again confirms that the synchronization of the Baltic countries with the continental European electricity networks is a strategic achievement for our energy independence and a success story in global project management. It is the result of teamwork, professionalism, unity, and determination on the part of all partners. We are proud that Lithuania, together with its neighbours, has proven that it can implement the most complex energy infrastructure projects ahead of schedule and set an example for other countries,” says Lithuania’s Energy Minister Žygimantas Vaičiūnas.
“The Baltic synchronisation project has received global recognition for its project management excellence, which is a great achievement for Lithuania, the other Baltic countries and Poland. The Baltic synchronisation project is not only an important step towards Lithuania’s energy independence and security, but also an example of how focused project management can yield significant results for society. Together with our partners, we are joining the ranks of major international companies and US and Canadian government agencies that have won these awards in recent years,” says Rokas Masiulis, CEO of Litgrid.
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Originally published on 14 Nov
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To secure the status of Europe’s frontier DefenceTech destination, Estonia is moving fast, and is now building a pipeline for defence startups to win major international funding. Estonia’s Ministry of Defence, in collaboration with the Ministry of Economic Affairs and Communications, has established a pre-accelerator programme called the Defence Business Lab, according to the official press release.
Designed to help local companies compete more effectively in major international defence funding competitions, the programme aims to prepare early-stage development teams for successful applications to NATO DIANA (Defence Innovation Accelerator for the North Atlantic) and the European Defence Fund (EDF), two significant sources of defence funding.
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Originally published on 2 Feb
Innovation in Finland defines the way business operates. The country fosters ecosystems where global players connect, and technology leadership spans AI, connectivity, electrification, and defense. For international investors and partners, Finland offers advanced solutions and a collaborative model that accelerates impact.
“We are living in an AI supercycle,” notes Nokia’s Veli-Pekka Luoma, emphasizing Finland’s shift from connecting people to connecting intelligence. This vision is backed by robust infrastructure, cutting-edge R&D, and a commitment to sustainability.
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Originally published on 2 Feb
Enersense has signed an agreement with Lithuania’s VŠĮ Plačiajuostis Internetas, the state-owned organisation responsible for developing Lithuania’s broadband infrastructure, for the design and construction of telecommunications towers. The towers form part of Lithuania’s nationwide programme to expand high-speed broadband infrastructure.
The towers are steel lattice communication structures that form part of Lithuania’s essential digital infrastructure.
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Originally published on 29 Jan
Cast AI, the leading Application Performance Automation platform valued at over $1 billion, today announced it has won the European AI Award 2025 in the AI Business category. The award, presented by the European AI Forum (AIEF), recognizes outstanding achievements in AI that are shaping business, science, policy, investment, and ecosystem development across Europe.
Cast AI was honored for its platform that automates AI application performance in Kubernetes environments, delivering significant cost optimization and operational efficiency. The company was one of only three winners selected in the AI Business category, chosen from nominees across the continent for their contributions to economic growth, industrial competitiveness, and societal benefits through AI.
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Originally published on 2 Feb
We are proud to announce that the Latvian Association of Artificial Intelligence (MILA) has officially joined the Apply AI Alliance Stakeholders’ Catalogue.
This catalogue serves as the European Commission’s “official phonebook” of trusted organizations. It is the primary resource used by the Commission to identify stakeholders for shaping AI policy, participating in sectoral workshops, and attending annual AI Office gatherings.
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Originally published on 2 Feb
Today, 29 January, the Secretary General of the Estonian Ministry of Foreign Affairs, Jonatan Vseviov, the State Secretary of the German Federal Foreign Office, Bernhard Kotsch and the Vice-Minister of Foreign Affairs of Lithuania, Vidmantas Verbickas, signed a four-party cooperation memorandum in Tallinn aimed at strengthening ties between the countries in the fields of strategic communication and media literacy. The agreement was signed ahead of the meeting also by the Latvian State Secretary Andžejs Vilumsons, with Latvia represented at the meeting by the Inspector General of the Latvian Ministry of Foreign Affairs, Ilgvars Kļava. The agreement is an updated version of the cooperation memorandum first concluded between the foreign ministries of the four countries in 2015.
Secretary General Vseviov emphasised that in the context of growing foreign influence activities, disinformation and hostile propaganda, it is crucial to strengthen societal resilience. He noted that closer cooperation between like-minded countries is key to protecting and developing the democratic information space.
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Originally published on 29 Jan
The agreement between Södra and the Ingka Group’s investment company, Ingka Investments, regarding Södra’s forest holdings in the Baltics has now been approved and finalised.
With the aim of doing what is best for the forest estate and for Södra’s long-term competitiveness, Södra decided in early 2025 to divest all its forest holdings in Latvia and Estonia. Since the agreement with the buyer in October 2025, a competition review and approvals from local authorities have been underway – a process that has now been concluded. The transaction, with a purchase price of 720 million euros, is therefore complete.
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Originally published on 30 Jan
Last week marked the start of DIANA’s 2026 Programme, with 16 different regional kick-offs taking place across the Alliance. These events not only kicked off the official start of DIANA innovators’ acceleration journey, but also brought together a world-class community of innovators, industry leaders, accelerator partners, and defence representatives, all eager to shape the future of the Alliance.
The 2026 programme features DIANA’s largest cohort to date, involving 150 innovators with a clear mission: to drive innovation while helping ensure that the Alliance remains at the forefront of global defence and security challenges.
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Originally published on 30 Jan
To gain insight into available technologies and market maturity, understand technical solutions, innovations, assess delivery timelines and, lifecycle support Rai Baltica joint venture RB Rail AS, the central coordinator of the Rail Baltica project, is announcing a supplier consultation for the Yellow Fleet (rolling stock). Market participants are invited to take part in a supplier consultation related to the planned procurement of Yellow Fleet (maintenance rolling stock) for the long-term maintenance of the Rail Baltica railway infrastructure.
The consultation covers specialised maintenance rolling stock and on track/bimodal machinery required for routine and corrective maintenance, emergency and winter operations and inspection and diagnostics.
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Originally published on 30 Jan
A new special vessel has arrived in the work harbour in Rødbyhavn. It is the large floating crane “Hebo Lift 9”. The floating crane will place the enormous anchors on the seabed, to which the immersion pontoon IVY will be attached with long steel wires in connection with the immersion of the first tunnel element this spring.
A total of eight anchors weighing 500 tonnes each will be used. The anchors are shaped like large boxes and are lowered onto the seabed. After the immersion of an element, the anchors can then be picked up again by the crane and reused in connection with the immersion of the next element.
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Originally published on 30 Jan