Finland Investor Confidence Barometer 2026: Companies in Finland Are Ready to Grow
The Finland Investor Confidence Barometer 2026 sends a clear message: companies already operating in Finland are ready to grow. According to the survey, 54% of respondents expect their workforce in Finland to increase over the next two years, and 44% plan to raise their R&D investments. Among large foreign-owned companies, the share planning to increase R&D investment rises to 49%.
The results underline the importance of foreign-owned companies to Finland’s economy. Although they account for only around 1% of companies operating in Finland, they generate a much larger economic impact through jobs, exports, value added, tax revenues, and R&D activity.
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Originally published on 12 Mar
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Senior Advisor Trond Waehle from Helse Vest IKT presented the pilot results at the Medanets User Days 2026. Based on the evaluation, the regional board approved the investment in Medanets for clinical use. Helse Vest is currently planning the rollout of the solution across the region and extending the usage to additional features not included in the pilot.
Medanets was piloted with our partner Mesalvo’s EHR solution, which has been in place at Helse Vest since a decade. The pilot utilized Mesalvo’s HealthCentre Cortex technology with Medanets. The piloted scope included mobile Early Warning Score, vital signs and pain assessment using Observation values, and administration of medications. 150 nurses piloted the features for about six months using iPhones and our Next Level iOS app.
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Originally published on 10 Mar
Grid independence means little without the capacity to balance it — and Estonia is now building that capacity with domestic capital. According to the press-release, Estonian companies Diotech OÜ and Transcom AS have begun construction on a 100 MW / 200 MWh battery energy storage system (BESS) in Tsirguliina, Valga County.
Dubbed Project Zirgu, it is the largest battery energy storage facility to be developed with entirely Estonian capital, and its first phase is scheduled for completion by March 2027.
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Originally published on 10 Mar
The new passenger terminal in the Port of Turku is taking a major digital leap as a modern passenger and traffic management system is being built for the area. Following a competitive tendering process, the Turku-based Weasel Software Oy has been selected to deliver and implement the system.
The passenger and traffic management solution includes both the management system itself and the related equipment, such as gates, measuring devices and digital signage. In addition to delivery and installation, Weasel Software Oy will also provide maintenance and support services after the system has been commissioned. The solution supports the management of passenger and vehicle traffic in the terminal environment and helps ensure smooth operations both during everyday situations and peak periods.
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Originally published on 11 Mar
Following approval from the Lithuanian Competition Council, Tesonet has completed a €5 million investment in the Finbee group (UAB Holbee). The investment is intended to strengthen the group’s capital base and expand financing volumes for consumers and small businesses in Lithuania and international markets.
The transaction represents a significant vote of confidence in Finbee’s long-term strategy and growth trajectory. The partnership is expected to accelerate the company’s expansion into new markets, enhance customer experience solutions for both borrowers and investors, and support broader marketing initiatives.
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Originally published on 5 Mar
The latest survey data show that public awareness in Latvia about wind park development plans and energy security issues is gradually increasing. For example, 65% of respondents in a survey conducted by Norstat Latvia report that they are at least somewhat informed about the plans to develop offshore wind park in Latvia. At the same time, society increasingly supports a “moderate” development approach – more and more residents believe that Latvia should become an energy-neutral country and produce only as much electricity as it consumes domestically.
A survey commissioned as part of the ELWIND project shows that public awareness of the joint Latvian–Estonian initiative to develop an offshore wind park in the Baltic Sea has increased. This year, 65% of respondents say they are aware of the project (61% last year). Most people have heard about the project but are not familiar with all the details, while only a small share report having a very good understanding of it.
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Originally published on 9 Mar
Building on its mission to deliver meaningful, human‑centered innovation and expand what’s possible with wearable technology, Oura is acquiring Doublepoint. Founded in 2020, Doublepoint is a privately held Helsinki‑based company specializing in AI‑driven biometric and gesture-recognition technology that enables people to control devices with simple, natural movements.
The acquisition will strengthen Oura’s long-term innovation roadmap, supporting future offerings while advancing more intuitive ways for people to interact with technology in their everyday lives.
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Originally published on 9 Mar
In 2025, new and existing investors committed to €431M worth of investment decisions with support from Invest Estonia, marking the highest figure on record.
Investment decisions were concentrated primarily in electronics, chemicals, energy, wood processing, machinery, and metals. Around 40% of the total represents entirely new investments, whilst over 30% relates to reinvestments by foreign-owned companies already operating in Estonia. A further fifth comprises planned acquisitions.
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Originally published on 9 Mar
PAYSTRAX, an international payment acquiring company headquartered in Vilnius, is accelerating its growth in Lithuania. The company plans to hire up to 75 new specialists in 2026 and bring on up to 150 new employees over the next three years. Founded in Lithuania by two Icelandic entrepreneurs in 2018, PAYSTRAX has grown from a startup to an established payments provider with more than 150 employees across six European offices.
The expansion will span both of PAYSTRAX’s Lithuanian locations – in Vilnius and Klaipėda – and will focus on strengthening the company’s IT, finance, marketing, account management, operations, and onboarding capabilities. In Klaipėda, PAYSTRAX has already moved into larger premises, and in Vilnius it added a second floor at its office to accommodate the growing team.
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Originally published on 9 Mar
Ellex Baltic Fintech Legal Outlook offers a comprehensive overview of the most significant legal developments and market trends expected to shape the fintech sector in Estonia, Latvia and Lithuania during 2026. Involving insights from leading legal experts in fintech, this publication highlights key regulatory changes (including PSD3/PSR, CCD II, EU AML package, MICAR, EU AI Act, Digital EURO) as well as country specific initiatives and elaborates on their impact to the local fintech markets.
In 2026, the Baltic FinTech landscape is defined by regulatory maturity, consolidation and cross-border ambition. Estonia remains a digitally advanced and credible fintech hub, benefiting from constructive engagement by the regulator and a shift towards sustainable, pan-European scaling. Latvia gains momentum with its FinTech Strategy 2026–2027, supported by active regulators´ backing and increased licensing activity, strengthening its position as an attractive innovation hub. Lithuania continues to offer efficient access to the EU market, while facing heightened supervisory expectations around AML, operational resilience, AI, cybersecurity and governance as EU regulatory integration deepens.
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Originally published on 2 Mar
The newly published Cruise Baltic Market Review shows broad‑based growth in 2025, with many medium‑sized and large destinations reporting increases in calls, guests, and turnarounds. This indicates a more balanced and resilient regional cruise market.
In 2025, the cruise activity in the region increased from 2024 in terms of guests, port calls, and turnarounds with respectively 12.3%, 12.8%, and 5.6%.
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Originally published on 2 Mar