Klaipėda port’s green course: international ferries will soon be able to switch off their engines while berthed
Port or Klaipėda continues to move along its green course. The port’s terminals have already received the new on-shore power supply systems, and installation is now underway. Testing is planned to begin later this year, and by next year ferries calling at the designated ro-ro terminals will be able to switch off their engines and draw clean electricity from shore -significantly reducing air pollution and noise. The OPS infrastructure being installed in the port is designed specifically for ro-ro vessels, with a total of four shore-power connection points to be set up for ferries.
“Klaipėda Port’s green vision is becoming reality – sustainability here is no longer just a promise. With shore-side electricity, ferries will be able to shut down their engines and reduce their environmental footprint to almost zero. And this is only the beginning. It’s more than a technological milestone – it’s our commitment to the city, its people, and a cleaner future for our sea,” says Algis Latakas, CEO of the Klaipėda State Seaport Authority.
This initiative marks a significant step in Klaipėda Port’s wider shift toward electrification. Earlier this autumn, the port installed its first on-shore power system at the Fleet Base, designed mainly to support the new hydrogen and electric-powered waste collection vessel now nearing completion. The systems now being put in place at the two terminals are specifically tailored for ferries and ro-ro vessels operating between Klaipėda and Denmark, Sweden, Germany and Poland, carrying rolling cargo. In the coming years, similar systems are planned for other terminals as well, enabling shore-side electricity for cruise ships and container vessels.
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Originally published on 10 Nov
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Five South Korean technology companies have been selected for the Test in Tallinn innovation program and will begin testing their solutions in Tallinn. The selection was made from eight companies that presented their innovation projects to the program’s evaluation committee.
Deputy Mayor Kristjan Järvan explained that Korean companies participated in the Test in Tallinn innovation program as part of the city’s cooperation with the Seoul Business Agency.
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Originally published on 30 Apr
Copenhagen Malmö Port (CMP) today publishes its results and financial statements for the 2025 financial year. For the second consecutive year, revenue exceeded SEK 1 billion, underscoring the resilience of CMP’s business in a year marked by geopolitical tension, shifting trade flows and rising demands on security and preparedness.
During 2025, CMP maintained high activity levels, with turnover amounting to MSEK 1,042. Operating profit declined by 22.4 per cent to MSEK 57.3 as a result of deliberate investments in security, resilience and future capacity, reflecting a long‑term focus on reliability, preparedness and sustainable competitiveness*.
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Originally published on 29 Apr
The NATO DIANA Estonian Accelerator teams returned to Tallinn for their fourth onsite, bringing 12 dual-use and defence companies into four days of workshops, field visits, scenario-based wargaming, pitch practice and direct ecosystem feedback.
The onsite focused on what happens after a strong technical demo: financial planning, defence sales, operational context, testing options, clearer pitch decks and sharper conversations with potential customers and partners.
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Originally published on 30 Apr
A delegation from VTT at the Quantum Australia Conference to discuss potential areas of collaboration with Australia’s national science agency, CSIRO, under VTT’s new ‘Quantum Leap’ project. The Quantum Leap project will focus on the practical implementation of quantum computing, including quantum software, error correction and mitigation, and components to make quantum computers more energy efficient, reliable and scalable.
Anu Kärkkäinen, Research Manager at VTT, said that an essential part of the Quantum Leap Project is about building strong networks with global quantum communities: “Quantum technologies are anticipated to provide unprecedented advances in computing, sensing and communications, with the potential to transform business and society globally. By joining forces with CSIRO, VTT aims to accelerate the development and real-world impact of quantum solutions. Collaboration is key to finding new opportunities.”
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Originally published on 30 Apr
Estonian energy startup MarkeDroid has entered the Swedish flexibility market through a partnership with Flower — giving solar and battery owners new opportunities.
Estonian smart energy management company MarkeDroid has entered the Swedish market through a new partnership with Flower, a Stockholm-based provider of flexibility services, says the official press-release. Previously, the company has already added North America to its coverage through a partnership, and also scored among Latitude59 Pitch Competition 2025 winners, securing €175K from Estonian Business Angels Network (EstBAN).
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Originally published on 28 Apr
Infrastructure projects across Central and Eastern Europe are expected to benefit at least €2 billion of new investment following a new partnership announced today between the European Investment Fund (EIF) and national promotional institutions from five EU countries at the Three Seas Initiative Summit in Croatia. The initiative will mobilize public money for a broad range of infrastructure investment funds operating across the region.
The EIF, together with national institutions from Poland (BGK), Romania (BID), Lithuania (ILTE), Croatia (HBOR) and Slovenia (SID Banka), signed a Memorandum of Understanding to launch the initiative later this year. Bulgaria has also pledged support to the initiative, through the Ministry of Innovation and Growth. Other Three Seas Initiative countries are expected to join after the new fund of funds is launched.
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Originally published on 28 Apr
On 27 April, RB Rail AS hosted Rail Baltica Industry Day 2026, an online seminar that drew up to 200 current and prospective suppliers, partners, and stakeholders from across the Baltics and beyond. The event offered a practical look at where the project stands today, what’s coming next, and how the supplier community can get involved.
The seminar opened with remarks from senior representatives of the three Baltic states: Andres Lindemann, Head of Rail Baltica Division at Estonia’s Ministry of Climate; Kristīne Pudiste, Deputy State Secretary of Latvia’s Ministry of Transport; and Roderikas Žiobakas, Vice-Minister of Transport and Communications of Lithuania. Each underlined the importance of cross-border cooperation and active supplier engagement in delivering one of Europe’s largest infrastructure projects.
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Originally published on 28 Apr
KONE Corporation and a consortium led by Advent and Cinven, through their jointly controlled holding company Vertical Topco I S.A., have entered into an agreement to combine KONE and TKE in a cash and share transaction.
This industry-revitalizing transaction brings together two exceptional global businesses with highly complementary geographic footprints and innovation platforms. The combined group would have a balanced global presence, leading service and modernization capabilities, and the resources to accelerate the development of new solutions and digital services. As such it would be in a better position to meet its customers’ rising demand for safe, sustainable and data driven urban vertical transportation solutions. The combination would offer substantial value creation from realized synergies, estimated to be approximately EUR 700 million on an annual run-rate basis, benefitting customers and shareholders alike.
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Originally published on 29 Apr
Second-hand marketplace Vinted Group has completed an €880 million secondary share sale, valuing the company at €8 billion and underscoring continued investor confidence in the resale sector.
The transaction was led by EQT, Schroders Capital and Teachers’ Venture Growth, the late-stage venture capital arm of the Ontario Teachers’ Pension Plan. EQT, an existing investor, increased its stake in the company, while Teachers’ Venture Growth and Schroders Capital joined as new shareholders. Schroders Capital had previously been an indirect investor in Vinted since 2018.
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Originally published on 28 Apr
The collaboration between the Finnish company OneClinic and the Finnish Institute for Health and Welfare (THL) has progressed to the implementation of the OC Logistics system. The system will take the procurement, storage, and distribution of vaccines and pharmaceuticals in the pharmaceutical wholesale trade to a new level. The same system will also be used to prepare for threat and crisis situations in the rescEU project.
“I am very pleased with the implementation of OC Logistics. Although the workload was heavy, everything went really well. The official implementation took place on April 13,” says Minna Manner-Lehtinen, Responsible Pharmacist of THL’s pharmaceutical wholesale trade.
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Originally published on 28 Apr