Danish greentech company Watts opens software competence center in Vilnius

Watts, a Danish greentech company specialising in smart home energy solutions, has established a new software competence center in Vilnius. Over the next three years, the company plans to hire up to 100 engineers and technology specialists to accelerate development of its smart home energy platform.  

Founded in 2016 in Køge, Denmark, Watts develops integrated renewable-energy solutions that help households track their energy consumption and make informed, data-drive decisions to reduce their environmental impact as well as manage costs more efficiently.  

Today, more than 700,000 Danish households use Watts’ energy app (WattsOn), smart devices, and its intelligent Homegrid™ system to monitor consumption, understand usage patterns, and optimize their daily energy choices. 

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Originally published on 8 Dec

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Is film the next big startup opportunity? Insights from the Film and Multimedia Accelerator panel at JobFair 2025

By Tehnopol 3 March 2025

Last week, kood/Jõhvi JobFair brought together over 200 participants—young software developers, startup enthusiasts, film professionals, and technology sector leaders. One of the event’s highlights was the Film and Multimedia Accelerator panel, organized by the Tehnopol Startup Incubator, where experts discussed how IDA Hub is not just a film studio but a launchpad for technological innovation and startup growth.

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Originally published on 3 Mar

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PAYSTRAX accelerates growth in Lithuania with multi-city success story

By Invest Lithuania 3 March 2025

PAYSTRAX, a payment processing solutions provider, has announced further expansion of its Lithuanian operations. The company, which has successfully grown its presence in both Vilnius and Klaipėda, plans to strengthen its team across multiple departments in 2025, including Commercial, IT, and Finance. 

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Originally published on 3 Mar

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The Estonian cyber security startup Phishbite is aiming to enter neighbouring markets

By Startup Inkubaator 1 March 2025

Tehnopol is part of the joint Northbound Scaleups (NBSCALE) project, which helps companies expand into new markets. The Estonian startup Phishbite went to visit Poland to look at possible target markets.

The goal was to meet at least five possible partners. “Making contacts was quite time-consuming and it was quite difficult to get through to the right people by telephone from here. The meetings we held went well, and we also managed to organise a couple of extra ones on the spot as well as those we had agreed in advance”, said co-founder of Phishbite Urmo Keskel.

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Originally published on 28 Feb

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The Estonian Defence Industry Cluster today introduced the Baltic Drone Wall concept for the first time

By Defence Estonia 1 March 2025

The Estonian Defence Industry Cluster today introduced the Baltic Drone Wall concept for the first time, which aims to strengthen the eastern border of the European Union and NATO. It is a cooperation initiative between Poland, Finland, Estonia, Latvia and Lithuania, which is currently joined by DefSecIntel Solutions, Rantelon, Marduk Technologies, Lendurai, Hevi Optronics, Frankenburg Technologies and TELEKONTA.

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Originally published on 28 Feb

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FedEx Expands Operations in Lithuania with New Sorting Facility in Vilnius

By FedEx 28 February 2025

Federal Express Corporation, the world’s largest express transportation company, has officially opened a new sorting facility in Vilnius. The new facility, being built as Lithuanian companies continue to show strong aspirations for international trade, provides businesses with improved cross-border e-commerce capabilities and streamlined logistics operations.

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Originally published on 27 Feb

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Ignitis ON network to install 500 charging points with the help of EUR 16 million EU financial support

By Ignitis 28 February 2025

In the coming years Ignitis ON, the leading EV fast-charging network, will become even larger and more convenient for EV drivers. The European Union (EU) made a decision to allocate EUR 16 million for the charging network’s expansion. The grant will help fund the installation of 500 new charging points. It is the largest-ever allocated sum to a charging network operator in the Baltics.

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Originally published on 27 Feb

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Baltic Energy Business Forum

By Orlen 28 February 2025

The Baltic Sea plays an increasingly important role in the European energy sector, contributing both to energy security and the ongoing energy transition in the region. At ORLEN, we are committed to initiatives focused on this vital basin and fostering discussions on how to fully harness the Baltic Sea’s potential for the benefit of businesses and societies.

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HYBRIT: Large-scale storage of fossil-free hydrogen gas successfully proven

By Hybrit 27 February 2025

HYBRIT’s pilot project for hydrogen gas storage has now been completed and reported to the Swedish Energy Agency. The results show that it is technically possible to store fossil-free hydrogen gas for producing fossil-free iron and steel on an industrial scale. This can also reduce the variable operating costs of hydrogen production by up to 40 per cent.

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Originally published on 27 Feb

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Restoring Mobility Opportunities in the Border Region: The ROCC Project Takes the Next Step

By Vidzeme Planning Region 26 February 2025

In the Estonian-Latvian border region, public transport services that once provided convenient travel options for residents of both countries have been absent for several decades. The ROCC project, supported by the Interreg Estonia-Latvia Programme 2021-2027, is now approaching a significant milestone—the launch of two pilot bus routes. The Valga-Valka and Ikla-Ainaži (Salacgrīva) bus lines are expected to begin operating in the spring of 2025, offering new mobility opportunities for border residents and travelers alike.

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Originally published on 25 Feb

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Estonia and OpenAI to bring ChatGPT to schools nationwide

By OpenAI 26 February 2025

OpenAI is proud to work with Estonia’s government on a world-first initiative to provide all students and teachers in the secondary school system with access to ChatGPT Edu, a version of ChatGPT customized for education systems, starting with 10th and 11th graders by September 2025. 

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Originally published on 25 Feb

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