Rimi Baltic signs share purchase agreement to acquire Havi Logistics in the Baltics
SIA Rimi Baltic has signed a share purchase agreement to acquire 100% of Havi Logistics SIA, marking a significant step toward strengthening its supply chain capabilities across the Baltic region.
The transaction is currently subject to approval by the Competition Council.
Rimi Baltic is acquiring Havi Logistic SIA, which owns shares of Havi Logistics UAB and Havi Logistics OU in all three Baltic countries, including approximately 800 employees who will join the Rimi Baltic Group.
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Originally published on 7 Jan
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More than 400 house modules are currently being unloaded from Frihamnen Port in Stockholm. The modules arrived by ship directly from Malaysia and have been stored for some time in the port, which is a strategic hub for further transport to the final destinations Enköping and Nyköping.
The centrally located inner-city quays are an important complement to the Stockholm region’s major freight ports, which include Stockholm Norvik Port, Port of Nynäshamn and Port of Kapellskär. By utilizing Frihamnen for project cargo, customers benefit from increased flexibility and additional transport options.
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Originally published on 3 Sep
The Baltic Ports for Climate Conference 2025, organised by the Baltic Ports Organization and the Port of Gdynia, this year’s host will bring together leaders, experts, and innovators from across the Baltic Sea Region and Europe to address one of the maritime sector’s most urgent challenges: climate change. Taking place on 19-20 November 2025 in Gdynia, Poland, the conference will explore how ports can reduce emissions, implement sustainable strategies, and collaborate on innovative solutions that shape the future of maritime transport and supply chains.
The Baltic Ports for Climate Conference is a fairly new initiative launched in 2023, reflecting the Baltic Ports Organization’s strong commitment to active involvement in climate, environmental and sustainable development issues.
The conference will begin on the evening of 19 November with a welcome reception, providing participants with the opportunity to network and connect in an informal setting. Over the following day, participants will explore how ports can align with European climate strategies, implement effective emission reduction measures, and integrate sustainability into long-term development.
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Originally published on 3 Sep
Estonia continues to adopt AI and build new success stories powered by it. This week, Estonian voice coaching platform Vocal Image raised $3.6M in seed funding to expand its AI-powered communication training app, writes TechCrunch. The funding was led by Paris-based Educapital, with participation from Estonian Specialist VC and German Generations Fund.
The investment will fuel expansion and new language localisations beyond the app’s current English, Spanish, German, French, Ukrainian, and Russian offerings.
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Originally published on 2 Sep
The Port of Gdansk has joined the European ports operating regular, direct container connections with the United States. Thus, it strengthens its position on the map of global logistics, becoming a real alternative to the largest ports in Northern Europe.
Gdansk was included in the transatlantic rotation, strengthening the MSC network between Poland and the US. Mediterranean Shipping Company (MSC), the world’s largest shipowner, has expanded its Albatros service with direct connections from Northern Europe to New York and Charleston, offering full integration of inland waterway and logistics services.
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Originally published on 2 Sep
The Latvian airline airBaltic will begin direct scheduled flights between Riga and Oulu – the European Capital of Culture 2026 – in March 2026. The return flights will operate five days a week (Mondays, Tuesdays, Thursdays, Fridays and Saturdays) starting from 29 March until the end of October 2026.
Yrjötapio Kivisaari, CEO of Oulun Matkailu Oy, welcomes the new connection.
– We have been discussing the opening of this route in different settings for a long time. Now we finally have good news! airBaltic’s new connection strengthens the international accessibility of Oulu and the whole of Northern Finland at exactly the right time, bringing visitors to enjoy the cultural year’s offerings. Our clear goal is to establish the connection also for the coming years, Kivisaari says.
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Originally published on 2 Sep
The joint venture RB Rail AS, responsible for implementing the Rail Baltica global project, announces changes in its Management Board. Effective 1 September 2025, the Board will be composed of five members: Marko Kivila (Chairperson and Chief Executive Office), Marius Narmontas (Chief Operating Officer), Emilien Dang (Chief Technical Officer), Thierry Boussillon (Chief Programme Management Officer), and Ojārs Daugavietis, who joins as Chief Financial Officer. The Management Board provides strategic leadership and ensures the coordinated delivery of the Rail Baltica project across the three Baltic States.
According to Arenijus Jackus, Chairperson of the RB Rail’s Supervisory Board, the Rail Baltica project and the joint venture have faced notable transformation over the past two years considering external challenges and new geopolitical and economic realities. This has required adjustments to project planning, optimisation of solutions and implementation steps, optimization of the joint venture and the whole project management set-up as well as stronger risk and stakeholder management.
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Originally published on 1 Sep
Uspacy, a Tallinn, Estonia-based SaaS startup that provides a digital workspace for small and medium-sized businesses, has raised €420,000 in pre-seed funding.
The round included an investment of €250,000 from Startup Wise Guys, with contributions from several Ukrainian business angels. An additional €170,000+ was secured in the form of grants from Google for Startups, Seeds of Bravery, Glovo Startup Lab, and the Ukrainian Startup Fund, supported by UMAEF.
The investment will be used to develop the product further and expand active marketing, primarily in Ukraine and Poland. The team aims to confirm the ability to scale business in international markets and demonstrate significant foreign attraction.
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Originally published on 31 Aug
Discussions have been increasing in Lithuania about how artificial intelligence will change learning – but BBright is already doing it. The team founded just a few years ago is now helping thousands of school pupils in Lithuania to learn maths more efficiently, and the Elicėjus platform they are developing has already been recognised internationally. It has been recently selected for the Google.org-funded Grow AI Accelerator and received USD 140 000.
The idea to create a personalised learning platform came from personal experience rather than from market analysis, since both Mantas Vičius, the co-founder of the platform, and his classmates struggled with maths at school. “We didn’t know where to start – the gaps kept piling up, until eventually we didn’t know where exactly we were stuck,” he says. Having subsequently examined the national statistics, they realised that it was a systemic problem: 35% of graduates fail the maths exam and 40% fail the evaluation of basic education achievements.
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Originally published on 18 Apr
From 7 to 10 April this year, the global passenger cruise industry met in the heart of Miami for the 40th edition of Seatrade Cruise Global – the largest and most important event in the cruise shipping calendar. The Port of Gdańsk, which traditionally represents Poland on the international stage, had to be among this group of exhibitors and business people from all over the world.
Although the Seatrade Cruise Global trade fair is mainly associated with Florida today, its origins date back to 1985, when the first edition of this event was held in New York. The anniversary fair brought together representatives of the largest shipowners, ports and tourist organisations, who discussed the future of passenger cruises, sustainable development and technological innovations.
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Originally published on 18 Apr
Ignitis Renewables, an international green energy company, has completed the first stage of the largest wind energy project in Lithuania and the Baltics, Kelmė wind farm. The 114-megawatt (MW) Kelmė wind farm I has successfully reached the commercial operations date.
“Kelmė wind farm I is the largest wind energy project implemented by Ignitis Renewables in Lithuania to date. This is one of the cornerstone projects that will allow us to move firmly towards our main goal of reaching 4–5 gigawatts (GW) of installed green generation capacity by 2030. This stage marks the increase in local electricity generation as well as the creation of a more secure energy system domestically and across the region,” says Darius Maikštėnas, CEO of Ignitis Group.
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Originally published on 17 Apr