Defence sector pre-accelerator invites companies to develop solutions to strengthen Estonia’s defence capabilities

The defence sector pre-accelerator Defence Business Lab is beginning its second year of operation and is inviting companies and teams to apply with technological solutions that support Estonia’s defence capabilities. The programme helps take defence technologies from idea and prototype stage through to testing and international growth opportunities.

The pre-accelerator is aimed at companies developing technologies applicable in the defence sector that need support in understanding the specific characteristics of the defence market, developing and positioning their solution, and preparing for the next stages of growth, including applying to international programmes.

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Originally published on 27 Mar

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Payhawk unveils “AI Office of the CFO,” bringing enterprise-ready AI to finance operations

By Unicorns Lithuania 3 April 2025

Payhawk, the leading spend management platform, announced the launch of “AI Office of the CFO,” a suite of specialised AI agents that solve finance’s biggest AI challenge: drastically increasing finance teams’ productivity while maintaining complete control over their operations.

With its platform already managing companies’ transactions, policies, workflows, and master data, Payhawk is uniquely positioned to build AI Agents that deliver practical value alongside the necessary controls. These new AI agents autonomously handle operational tasks with the same careful permissions as employees, enabling organisations to implement AI with confidence. While building its in-house agentic infrastructure, Payhawk has been leveraging early-access OpenAI models to refine its AI agent technology.

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Originally published on 2 Apr

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AMPlify – Accelerated US Market Entry for Finnish Healthcare Companies

By OuluHealth 3 April 2025

AMPlify is an established platform designed to advance Finnish healthcare companies’ US market readiness and entry. Expanding upon the successful Nordic AMPlify and Gazelle programs, AMPlify is a complete ecosystem that brings Finnish companies and Mayo Clinic together.

With the US accounting for 40% of the global healthcare market and over 30% of new technologies emerging from collaborations with international partners, American health systems are evolving their innovation hubs into global co-development initiatives. AMPlify is leading this transition, and Mayo Clinic has picked Finland as a strategy focus area.

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Originally published on 2 Apr

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Estonia makes major step forward in Rail Baltica project: route plan approved for Pärnumaa section

By Rail Baltica 2 April 2025

Today the Ministry of Economic Affairs and Communications in Estonia announced a major advancement in the project’s development. Minister of Economic Affairs and Industry, Erkki Keldo, has signed a decree confirming the route plan for the Pärnumaa section of Rail Baltica, enabling construction to begin in a region where progress had been halted since a Supreme Court ruling partially annulled the previous plan in 2020.

“Rail Baltica is a strategically important infrastructure project for Estonia and the entire Baltic region. It will create a modern and environmentally friendly transport connection with the European railway network, reduce road traffic congestion, and foster economic development while also serving as a backbone for military mobility on NATO’s eastern flank,” said Minister Keldo.

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Originally published on 2 Apr

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Lithuanian-Built Technology – Light-Speed Secure Communication in Space and on Earth

By Innovation Agency Lithuania 2 April 2025

In recent years, Lithuania has been increasingly establishing itself as a creator of space technologies, and one of the country’s brightest stars is Astrolight. With impressive innovation potential and global ambitions, the company has moved into developing laser communication technologies that could fundamentally change communication between Earth and space. These solutions are also opening new paths in the defense sector, where secure and uninterrupted communication is critically important.

Lithuania’s innovation ecosystem has long since crossed the boundaries of local projects, and support from the European Space Agency (ESA) is opening up more and more opportunities for Lithuanian companies to establish themselves in the international market. In total, Astrolight has already received around 1 million euros in funding from ESA.

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Originally published on 2 Apr

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“Payment Radar”: non-cash payments in Latvia have reached a record-breaking share

By Latvijas Banka 1 April 2025


The most recent (spring 2025) “Payment Radar” published by Latvijas Banka suggests that the ratio between non-cash and cash payments in Latvia was 78% to 22% in February 2025. This represents the highest-ever share of non-cash payments.

Relative to the figures from February and August 2024, the share of non-cash payments has climbed by 1 percentage point (from 77% to 78%).

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Originally published on 31 Mar

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H2 Cluster Finland becomes an association

By BotH2nia 1 April 2025

H2 Cluster Finland, which has grown into a community of over 100 organisations, becomes an official association. The new association aims to make Finland the leading hydrogen economy in Europe while creating more than 100,000 new jobs. H2 Cluster Finland becomes an association. The cluster, which previously operated without a legal form, will be further strengthened in its ability to promote co-operation and support societal decision-making.

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Originally published on 31 Mar

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First Test of an Ocean-Going Vessel at the T3 Quay in Baltic Hub

By Baltic Hub 31 March 2025

Baltic Hub has reached another milestone in the implementation of the T3 project. For the first time, an ocean-going container ship – MSC Stacey – was handled at the new T3 quay. This impressive vessel, measuring 365.9 meters in length and with a capacity of 15,000 TEU, arrived in Gdansk on March 30 as part of an additional call, known as an “extra call.”

This event is of great importance both for Baltic Hub and the entire Pomeranian region. The commencement of test cargo handling at the T3 quay confirms that the project is progressing in the right direction and that full operational readiness is drawing closer. The new quay will enable the efficient handling of the world’s largest container ships, strengthening Gdansk’s position as a strategic port on the Baltic Sea.

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Originally published on 31 Mar

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CREWS Project Launched to Strengthen Disaster Resilience in the Baltic Sea Region

By Council of the Baltic Sea States 29 March 2025

The CREWS project, which aims to strengthen disaster risk reduction through community engagement and cooperation in the Baltic Sea Region, has officially launched with a kick-off meeting in Hamburg-Altona on 27–28 March 2025.

CREWS – or Enhancing Capacities in Disaster Risk Reduction by Facilitating Public-Civil Cooperation – seeks to empower local communities by bridging the gap between formal authorities and civil society actors in disaster management.

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Originally published on 28 Mar

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Tallinn joins the movement toward Zero Waste cities

By City of Tallinn 28 March 2025

The City of Tallinn has submitted its application to become a Zero Waste Candidate City under the Mission Zero Academy (MiZA) certification scheme, makingi it the first Estonian city to join the programme.

The Zero Waste Cities programme is an initiative of Zero Waste Europe aimed at helping cities transition to zero waste systems. Through certification, cities gain a strong framework for turning ambition into concrete action. The process will help Tallinn refine its strategy, better engage residents, and accelerate the shift towards waste prevention practices and material reuse and recycling.

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Originally published on 27 Mar

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NIB co-finances biogas production in Eskilstuna, Sweden

By The Nordic Investment Bank 26 March 2025

NIB and Eskilstuna Biogas AB have signed a seven-year loan to co-finance the construction of a new biogas production plant in a facility near Eskilstuna, Sweden. The EUR 15 million loan is supported by the European Union under the InvestEU programme and is eligible under NIB’s InvestEU Framework Operation Green Mobility and Transport.

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Originally published on 26 Mar

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