Construction of the Rheinmetall ammunition plant in Baisogala launched with an official ceremony

The joint German-Lithuanian 155-mm artillery ammunition plant near Baisogala is scheduled to commence operations by the end of 2026. This strategic facility will bolster Lithuania’s defence industry capabilities and contribute to ensuring national security. Today, 4 November, Minister of Energy Žygimantas Vaičiūnas took part in the symbolic ceremony marking the commencement of construction of the plant. 

During the ceremonial launch, President of the Republic of Lithuania Gitanas Nausėda, Prime Minister Inga Ruginienė, Minister of Economy and Innovation Edvinas Grikšas, Minister of Energy Žygimantas Vaičiūnas, EPSO-G Group CEO Mindaugas Keizeris, and Rheinmetall CEO Armin Papperger symbolically marked the start of construction work on the facility.

“Energy goes beyond the boundaries of this sector. Today, energy security and national security are two inextricably linked areas. The EPSO-G Group has demonstrated its leadership by implementing strategic energy projects, such as the synchronisation with the continental European network, and is now doing so again by participating in a project of significance for both Lithuania’s and Europe’s security, while also integrating renewable energy,” says Minister of Energy Žygimantas Vaičiūnas.

Read full announcement (external link)

Originally published on 4 Nov

Announcements are published as a service to readers. The sender is responsible for all content. Announcements for publication can be submitted to announcements@thehanseatic.com.

Copy Link

500 experts gather in Tallinn to discuss the future of the Baltic Sea Region

By EU Strategy for the Baltic Sea Region 7 May 2026

Tallinn will host the 17th Annual Forum of the EU Strategy for the Baltic Sea Region on 11–13 May at Tallinn Creative Hub, bringing together over 500 experts and decision-makers from across the region to discuss security, economy and future in a rapidly changing world. Tallinn is hosting the Annual Forum for the third time, having previously done so in 2010 and 2018.

The Forum takes place at a time when the region faces geopolitical, climate and demographic pressures that demand more strategic cooperation than before. This year’s central theme is resilience.  

Read full announcement (external link)

Originally published on 5 May

Copy Link

LIAA Organizes a Trade Mission for Latvian Businesses to Sweden

By Labs of Latvia 7 May 2026

The Investment and Development Agency of Latvia (LIAA) is organizing a trade mission for Latvian businesses to Sweden on May 11, 2026, led by Minister of Economics Viktors Valainis. Representatives from 76 Latvian companies have confirmed their participation in the visit, demonstrating strong interest in expanding cooperation in one of Latvia’s most important export and investment markets.

The central event of the trade mission will be the Latvia–Sweden Business Forum in Stockholm, which will be attended by representatives of the governments, business communities, and investment sectors of both countries. On the Swedish side, Sweden’s Minister for Foreign Trade Benjamin Dousa and the head of Business Sweden, the Swedish international trade promotion organization, Jan Larsson , underscoring the event’s high significance and political and economic weight.

Read full announcement (external link)

Originally published on 6 May

Copy Link

NIB supports energy resilience in the Baltics 

By Announcements 7 May 2026

The investments include investments to essential energy infrastructure across the three Baltic countries, including expansion of existing district heating systems, building a renewable heat production facilities, and investments in Battery Energy Storage Systems (BESS).

These investments will strengthen the energy infrastructure, increase system flexibility, and contribute to the diversification of the regional energy mix, strengthening the three Baltic countries’ energy resilience.

Read full announcement (external link)

Originally published on 5 May

Copy Link

ORLEN Neptun conducts marine environment surveys for the Baltic West project

By Orlen Neptun 6 May 2026

The marine environment surveys are an integral part of the process of preparing an offshore wind farm for the construction phase and, at a later stage, its operation in accordance with the developed environmental standards. In the area of the planned Baltic West wind farm, which comprises four licenses, comprehensive survey works are performed by the Polish company MEWO, using specialized survey vessels and an aircraft.

The range of activities carried out includes both surveys of the elements of inanimate nature and extensive monitoring of living organisms. The works are performed in the Baltic West area, another offshore wind farm being developed by ORLEN Neptun as part of phase II of offshore wind energy development. The project, with a planned capacity of about 4.1 GW, will enable the future supply of clean electricity to more than 5 million households in Poland.

Read full announcement (external link)

Originally published on 6 May

Copy Link

Metrosert is building a rare drone and defence technology testing laboratory

By Metrosert 6 May 2026

The Estonian applied research center and national metrology institute Metrosert is establishing a nearly €7 million drone technology laboratory in Tallinn. The lab will focus on testing the radar visibility of devices and systems, as well as their resilience to electromagnetic interference.

The electromagnetic compatibility and radar cross-section (EMC/RCS) laboratory will be built as part of Metrosert’s new drone technologies testing centre in Haabersti, scheduled to become operational in spring 2027.

Read full announcement (external link)

Originally published on 5 May

Copy Link

Consid establishes new office in Gdańsk

By Consid 6 May 2026

Consid continues its international expansion in Poland. Following its establishment in Warsaw, the company is now opening a new office in Gdańsk – one of Central Europe’s fastest-growing technology regions. The expansion strengthens Consid’s presence in Poland and creates new opportunities for collaboration and knowledge exchange between Sweden and the rapidly growing tech ecosystem around the Baltic Sea.

Gdańsk, together with Gdynia and Sopot in the so-called Tricity region, has in recent years developed into a strong hub for technology, innovation and engineering expertise. The area is home to several technical universities, a vibrant start-up environment and a growing community of developers and digital specialists.

Read full announcement (external link)

Originally published on 4 May

Copy Link

Energy Market Overview: Lithuania’s Wind Contribution Influences Baltic Electricity Prices

By Enefit 5 May 2026

April brought favourable conditions to Estonian consumers and marked the second consecutive month of declining electricity prices. Thanks to sunnier weather and warmer temperatures, the average electricity price in April settled at 5.4 cents per kilowatt-hour, roughly 11.4% lower than in March and more than a quarter lower than in April of the previous year. The last time April was cheaper was in 2021, when the monthly average price stood at 4.4 cents per kilowatt-hour.

The reasons behind the lower prices are clear. Warmer weather reduced heating demand and, as a result, overall electricity consumption. Solar and wind generation increased significantly across the region, bringing a large volume of low-cost electricity to the market. This, in turn, reduced more expensive fossil-based generation. Additional support came from the ongoing Latvian hydropower high season, which helped displace higher-cost fossil-based generation assets.

Read full announcement (external link)

Originally published on 5 May

Copy Link

Young representatives elected to Baltic Sea Region Youth Forum leadership

By Council of the Baltic Sea States 5 May 2026

On 28 April 2026, elections were held for the leadership of the Baltic Sea Region Youth Forum (BSRYF), selecting a new Chair, members of the Committee of Youth Representatives (CYR), and youth organisations to join the Steering Group. The newly elected representatives will serve a one-year term beginning on 1 July 2026.

The BSRYF is a regional platform that enables young people aged 16–29 to engage in political dialogue and contribute to decision-making across the Baltic Sea Region. It brings together youth representatives from across the region to strengthen cooperation, exchange perspectives, and ensure that young people’s voices are reflected in regional policy discussions, including within the framework of the Council of the Baltic Sea States (CBSS).

Read full announcement (external link)

Originally published on 5 May

Copy Link

airBaltic launches direct flights between Vilnius and Zurich

By Kevin McGwin 5 May 2026

Lithuanian Airports (LTOU) have announced that on May 3rd, air carrier airBaltic started direct regular flights between Vilnius and Zurich. The airline’s flights to Switzerland’s largest airport will be operated two times a week in May, and three times a week for the rest of the aviation summer season.

“A wider choice of flights to Zurich means more flexibility for passengers and even more convenient connectivity to one of Europe’s most important financial and aviation centres. Such routes strengthen Lithuania’s relations with international partners, provide more opportunities for business, and open air gates to the farthest corners of the world for passengers,” says Roderikas Žiobakas, Vice-Minister of Transport and Communications.

Read full announcement (external link)

Originally published on 4 May

Copy Link

Deep tech startup Reduciner introduces novel technology to turn captured carbon into sustainable fuels

By VTT 5 May 2026

Reduciner, a deep tech startup originating from VTT, is commercialising a novel high-temperature technology that enables industrial companies to turn captured carbon dioxide (CO2) into usable fuel and valuable industrial raw materials. The company raised EUR 3.6 million in its first funding round, consisting of equity funding from Voima Ventures, Lifeline Ventures, and Mikko Kodisoja Foundation. In addition, VTT has transferred the underlying user rights to the technology and IP as an in-kind investment to the newly established company.

Reduciner’s technology involves a proprietary thermochemical process that efficiently converts CO₂ into carbon monoxide (CO), using renewable electricity and biogenic carbon. The innovation allows indirect electrification of combustion processes, enabling large-scale production of sustainable fuels and chemicals and a significant reduction of industrial carbon dioxide emissions globally. Since CO is already compatible with existing industrial systems, the solution allows companies to reduce emissions without costly infrastructure changes.

Read full announcement (external link)

Originally published on 5 May

Copy Link