LIAA Organizes a Trade Mission for Latvian Businesses to Sweden
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.
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Originally published on 6 May
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The Latvian Association of Artificial Intelligence (MILA) has developed the first practical guidelines for state and municipal institutions on the implementation and use of artificial intelligence (AI) solutions in public administration. The guidelines will help institutions better understand the potential of AI and more clearly understand how to organise the process of introducing and applying AI solutions.
The document was created within the project “Development of Practical Guidelines for the Introduction of Artificial Intelligence in Institutional Work and Services,” in cooperation with AI Master Lab experts, commissioned by the State Administration School (VAS) and with methodological support from the Ministry of Smart Administration and Regional Development Republic of Latvia (VARAM).
As MILA emphasises, the purpose of the guidelines is to provide a practical and easy-to-use framework for public institutions, enabling them to assess the suitability of AI use, prepare their organisations for the introduction of such technologies, and ensure a responsible, transparent and publicly accountable approach to the use of AI.
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Originally published on 10 Nov
New Impact Study: Maritime Travelers Bring Nearly One Billion Euros to the Helsinki Region’s Economy
A new study by the University of Helsinki shows that the Port of Helsinki is a major driver of both the economy and employment. The total annual economic impact of port operations amounts to €4.2 billion, generating over 39,000 jobs.
The Port of Helsinki serves as a key hub for both Finland’s international trade and passenger traffic. In 2024, 14 million tons of goods passed through the port – around 16 percent of Finland’s total foreign trade. Passenger volumes reached 9.5 million, accounting for 70 percent of all international passenger traffic through Finnish ports.
“The Port of Helsinki is not only a vital logistics hub serving the entire country and is also a significant contributor to the economy and job creation. Its influence can be seen widely across business performance and the city’s tax revenues,” says Ville Haapasaari, CEO of the Port of Helsinki.
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Originally published on 6 Nov
Kilo Health, a healthtech creator and investor, is expanding beyond health as it transforms into Kilo – marking a new ambition to accelerate startup growth through increased investment and its internal business development ecosystem, Kiloverse.
Žygimantas Surintas, who joined the company a year and a half ago, remains the head of the Kilo group of companies. According to him, Kilo and Kiloverse will separate investment activities from day-to-day operations – a natural step that reflects the company’s growing maturity and long-term strategy for sustainable growth.
“Over the past twelve years, we have created numerous health and wellness solutions – from digital apps to physical products that help millions of consumers around the world live healthier, better quality lives. We are also developing products in other areas including beauty and personal development. Now our goal is not only to create ourselves, but also to invest more actively in startups, helping them to develop global businesses better and faster,” says the CEO of Kilo.
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Originally published on 10 Nov
In the framework of a continuous dialogue with the Italian Ambassador to Poland and his staff, on November 4, 2025, Finnlines Line Manager and Managing Director, Rederi AB Nordö-Link, Antonio Raimo discussed in Warsaw the shipping company’s expanding operations and investments in Poland. Finnlines has operated routes between Poland and Finland for three decades and, last year, launched a new connection for freight and passengers to Sweden.
“Our new investments have enabled us to expand our presence in Poland with additional offices and larger local teams. We are also pleased to further strengthen and broaden our connections across the region. We also had the opportunity to discuss the current and upcoming challenges of the shipping industry, both in Poland and across the Baltic Sea, to ensure the continued development and success of Poland’s maritime network and the security of supply,” says Antonio Raimo, Finnlines Line Manager.
Strong growth on Poland–Sweden route
This summer, passenger numbers on Finnlines’ route between Świnoujście and Malmö rose by 38% compared to the same period last year, highlighting the growing interest in travelling across the sea between the two countries.
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Originally published on 5 Nov
From 27 October to 7 November, NATO’s Largest Digital Backbone Experiment “DiBaX 2025” was taking place at military base “Ādaži” and virtually across several NATO nations. This year, “DiBaX” strategically focused on the use of unmanned vehicles in contested environments and the application of artificial intelligence in detection and decision-making tasks.
‘”DiBaX” is the only military technology experiment of this scale that NATO has been conducting in Latvia for already four years. This demonstrates the advancement of our defence industry in the field of 5G technologies, the National Armed Forces’ contribution to innovation development and Latvia’s defence infrastructure capacity to host such high level experiments,” underlines Andris Spruds, Minister of Defence of Latvia.
The digital backbone is a vital component of NATO’s infrastructure, enabling connectivity for complex Multi-Domain Operations. During the DiBaX, the latest technological advancements was demonstrated and assessed for integration into real-world environments to enhance interoperability and efficiency among Allied Forces.
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Originally published on 7 Nov
Aampere, an E-mobility startup, has closed a €1.6 million funding round led by Trind Ventures, with participation from Gimic Ventures and several experienced business angels from the mobility sector. Aampere will use the funding to accelerate product development and expand its European market presence beyond Scandinavia and the Benelux region.
The European market for used electric vehicles remains highly fragmented and largely analog, characterized by opaque processes, manual handling, and isolated national solutions. Aampere is breaking these outdated structures by creating a fully digital, Europe-wide platform for selling used electric vehicles. With this, the startup is establishing a sustainable and efficient circular economy for e-mobility and driving Europe’s electrification forward.
Aampere provides a digital platform where private and commercial sellers can sell their used electric vehicles across Europe within 48 hours.
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Originally published on 5 Nov
The first Lithuanian laser in space, contributions to Mars atmosphere missions, and joint projects with the European Space Agency (ESA) in quantum technologies – these are among the achievements of Integrated Optics, a Lithuanian laser company. Its compact lasers have opened doors to space, supported by the Innovation Agency.
Compactness and proven reliability led a University of Vienna mission to choose an Integrated Optics laser.
“When we talk about space technologies, every extra gram of a device significantly increases costs, so extremely efficient and compact solutions are required. The same applies in the field of quantum computing – one of the barriers there is the size of optical instruments. Our laser, which is the smallest on the market, is perfectly suited for quantum computation experiments in space. In the future, if everything goes according to plan, another of our lasers will head to Mars to study its atmosphere using a special LiDAR instrument,” says Evaldas Pabrėža, CEO of Integrated Optics.
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Originally published on 6 Nov
The Port of Tallinn and Ports of Stockholm signed a Memorandum of Understanding on 4th of November in Tallinn to launch the Swed-Est Green Collaboration, a joint initiative aimed at promoting sustainable and fossil fuel free maritime activities between Estonia and Sweden, primarily at the harbours connecting Tallinn–Stockholm and Paldiski–Kapellskär routes.
According to Valdo Kalm, CEO of the Port of Tallinn, the collaboration aims to reduce the environmental impact of maritime transport while offering passengers and cargo operators future-oriented, sustainable solutions.
“This partnership provides both ports with a strategic advantage, making us more attractive to shipowners, passengers and cargo operators who are looking for sustainable travel and transport solutions. It also opens up opportunities for developing new business models in fossil fuel free maritime transport, for joint scientific and applied studies, and for applying for EU and other funding programmes,” Kalm said.
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Originally published on 5 Nov
For Estonia, there’s no neighbour as strategic and important as Finland — aside from the historical and cultural ties, the country leads in the ranking of trade and investment partners. Strengthening these ties is more important than ever.
Last week, Minister of Economy and Industry Erkki Keldo Erkki Keldo led a dynamic Estonian business delegation to Finland on November 3-4, bringing together leading tech companies and industry leaders to deepen cross-border partnerships and explore new opportunities in innovation and manufacturing.
The two-day visit centred on the Finnish-Estonian Business Forum “Smart Neighbours: Future of Industry,” where Ministers Keldo and Finland’s Sakari Puisto talked about the robust economic partnership between the two nations. The forum featured a standout panel discussion with industry heavyweights Risto Siilasmaa (WithSecure, F-Secure), Sten Tamkivi (Plural, Skaala), and Jussi Herlin (KONE), moderated by Kirke Maar from AI & Robotics Estonia.
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Originally published on 7 Nov
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.
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Originally published on 4 Nov