Lithuania launched tender for Rail Baltica’s design up to Latvian border

LTG Infra, an infrastructure company belonging to the LTG Group and responsible for implementing the Rail Baltica project in Lithuania, has announced an open international tender for design services for the section from Panevėžys to the Lithuanian–Latvian border. The total length of this section is approximately 54 km.

In 2025, LTG Infra signed contracts for construction works on a 114 km section from Kaunas to Panevėžys, where preparatory and construction activities are underway, including superstructure works on the most advanced 9 km section. Design work is also in progress on the section between the Lithuanian–Polish border and Kaunas, where nearly 100 km of railway will be modernized.

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Originally published on 5 Jan

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A measure to support energy storage is being planned as part of the coalition agreement

By Zero Terrain 27 January 2025

The coalition parties have agreed that either the state or Elering will support the construction of energy storage capacities. The Ministry of Climate historically believed energy storage would be built on market demand. The Ministry of Education and Research, Kristina Kallas stated, “If we purchase offshore wind energy on a large scale and develop these capabilities, we must also ensure that we have the infrastructure for long duration energy storage.” She emphasised that constructing an offshore wind facility without appropriate energy storage poses a significant risk of energy being exported.

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Originally published on 27 Jan

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Estonia Launches €100M Defence Fund

By The Estonian Ministry of Economic Affairs and Communications 21 January 2025

The Estonian Ministry of Economic Affairs and Communications has announced the launch of a €100 million Defence Fund, established to support the development of innovative defence and security capabilities to meet the growing global demand for new solutions. Managed by national fund manager SmartCap, the fund will provide direct investments to defence companies and funds investing in military and dual-use technologies.

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Originally published on 21 Jan

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Energiø Bornholm has every chance of becoming a good business for Denmark

By Baltic Energy Island 16 January 2025

Doubts have been raised about Energiø Bornholm’s relevance and economy, but the project has never been more important. Besides being a crucial project in the European fight against climate change, the energy island has every opportunity to become a good business for Denmark.

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Originally published on 15 Jan

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Hollister Incorporated boosts Lithuanian presence with 100 new hires

By Invest Lithuania 14 January 2025

US healthcare products manufacturer Hollister Incorporated is expanding its Lithuanian operations. This month, the company has officially opened its financial services center, Hollister SSC Lithuania, complementing its manufacturing facility, Hollister Lietuva, located in the Kaunas Free Economic Zone. Building on this growth, the company has announced plans to establish a new product development (NPD) center at its Lithuanian facility later in the year.

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Originally published on 14 Jan

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Estonia opened Business Hub in Washington D.C.

By Trade with Estonia 17 October 2024

Estonia opened the first Business Hub in U.S. Located at the Embassy of Estonia in Washington, D.C., the Business Hub will serve as a bridge between Estonian companies and the vast business opportunities in the U.S. market. A delegation of Estonian defence industry innovators was present at the opening event, also attending the annual AUSA conference.

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Originally published on 17 Oct

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