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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New Roadmap Offers Guidance on Combatting Labour Exploitation in Sweden

By Council of the Baltic Sea States 17 April 2025

The Council of the Baltic Sea States (CBSS) and the Swedish Gender Equality Agency (Jämställdhetsmyndigheten) have published a new roadmap aimed at strengthening Sweden’s response to trafficking for forced labour and labour exploitation.

The publication, Effectively Identifying, Disrupting and Countering THB for Labour Exploitation: A Roadmap for Sweden, offers practical guidance based on national and international research, study visits, and expert consultations.

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Originally published on 16 Apr

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Estonia secures European investors for a 1 GW offshore wind project

By Invest in Estonia 16 April 2025

Estonian offshore wind opportunities unite investors from all around Europe. Estonian energy company Sunly has joined forces with France’s VALOREM Group and Norway-based Deep Wind Offshore to develop the Tuul Energy project, reports Oedigital.

The collaboration, announced on April 10, will focus on developing a massive 250 km² area near Saaremaa Island. The project aims to install bottom-fixed offshore wind turbines with a potential capacity exceeding 1 gigawatt (GW), enough to power hundreds of thousands of homes.

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Originally published on 15 Apr

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Startup Lithuania’s GameTech Accelerator Returns with 10 New Studios

By Innovation Agency Lithuania 16 April 2025

Lithuania’s fast-growing gaming ecosystem is getting another level-up: the second edition of the GameTech Accelerator has officially kicked off with 10 new studios ready to take their game ideas global.

“Lithuania’s game scene is buzzing with creativity and potential. The country’s first dedicated GameTech accelerator proves that with the right mentorship and international exposure, our local teams can become competitive on a global stage,” said Karolina Urbonaitė, Head of Startup Lithuania at Innovation Agency Lithuania. “We’re proud to be part of this initiative that’s not only accelerating game studios but also reshaping our startup ecosystem.”

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Originally published on 15 Apr

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Latvia to host EUDIS Defence Hackathon for the first time

By Labs of Latvia 15 April 2025

Riga Technical University (RTU) Science and Innovation Centre (ZIC) invites applications for participation in the defence industry hackathon EUDIS Defence Hackathon 2025 by May 5. The hackathon will take place from May 9 to 11 at RTU Rezekne Academy.

The goal of the hackathon is to promote innovation development in the defence sector, focusing on the creation of innovative equipment and software solutions for Ukraine’s defence needs.

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Originally published on 14 Apr

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Luleå University of Technology makes major investment in AI

By Luleå Teknsika Universitet 15 April 2025

Luleå University of Technology is taking a unified approach to AI development through a strategic action plan that encompasses the entire organisation. The aim is to integrate AI into its core mission while ensuring the technology is used ethically, legally, and intelligently.

“AI is here to stay and affects all of us, regardless of our role. This is one of the biggest technological changes we face – perhaps comparable to the introduction of personal computers. We need to understand it and use it in a responsible and smart way,” says Pär Weihed, Pro Vice-Chancellor at Luleå University of Technology.

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Originally published on 14 Apr

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Finland holds steady on attracting foreign investment

By Business Finland 14 April 2025

While foreign direct investment flows across Europe dropped in 2024, Finland held its line in attracting international companies. Sustainability took center stage, with investments driving cleaner solutions for energy, manufacturing and recycling. AI and imaging were in the mix too.

According to Invest in Finland’s monitoring service, foreign companies established or acquired 231 new entities in Finland during 2024 – a decrease of just 6% from the previous year. Over the same period, foreign-owned companies already operating in Finland made 130 follow-up investments.

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Originally published on 14 Apr

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Baltic Pavilion Officially Opens at Expo 2025 Osaka

By Investment and Development Agency of Latvia 14 April 2025

Today, on April 13, the Baltic Pavilion, with the theme “We Are One,” was officially opened at Expo 2025 Osaka, the world’s largest international exhibition. Showcasing a joint presence of Latvia and Lithuania, the pavilion explores the synergy between nature, people, and technology. The global event in Japan will run for six months—until October 13—bringing together 160 countries and 9 international organizations. An estimated 28 million visitors from around the globe are expected to attend.

The official opening of the Baltic Pavilion was marked by a ribbon-cutting ceremony attended by Edmunds Valantis, State Secretary at the Ministry of Economics of Latvia; Lāsma Līdaka, Commissioner General of Latvia at Expo 2025; Zigmārs Zilgalvis, Ambassador of Latvia to Japan; Lina Antanavičiene, Commissioner General of Lithuania at Expo 2025 Osaka; Aurelijus Zykas, Ambassador of Lithuania to Japan; and Artūrs Analts, the artist and designer of the Baltic Pavilion.

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Originally published on 14 Apr

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Four startups are developing innovative solutions for the film industry at the IDA Hub Film and Multimedia Accelerator

By Tehnopol 12 April 2025

Four ambitious startups have kicked off their journey in the Tehnopol Startup Incubator’s Film and Multimedia Accelerator IDA Hub. This marks the beginning of the program’s third cohort.

The Film and Multimedia Accelerator focuses on multimedia, virtual and augmented reality, and related fields, supporting startups that are innovating in these areas. Participants are guided by top-tier mentors who provide direct access to key figures in the film industry, the market, and investors. This creates a unique opportunity to develop products or services in a sector where innovation and creativity meet high technology.

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Originally published on 11 Apr

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Entrepreneurs invited to join conference and workshops at “Future_Ready 2025”

By Riga Business School 12 April 2025

Business and Innovation – Are You Ready for Tomorrow?

Entrepreneurs are invited to the Future_Ready 2025 conference on April 25 in Riga, organized by the Latvian IT Cluster (LITK), Latvian Digital Accelerator (LDA), and the academic partner RTU Riga Business School.  The event will bring together industry leaders and entrepreneurs to highlight key technology trends and their impact on business.

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Originally published on 11 Apr

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Financial Crime Prevention Enters a New Era with the Launch of AMLTRIX

By Unicorns Lithuania 11 April 2025

Money laundering remains one of the biggest threats to the global economy, fueling organized crime, terrorism, corruption, and tax evasion. Despite ongoing efforts, financial institutions have long struggled with a fragmented and inconsistent approach to combating illicit financial activities.

In response to this challenge, AMLYZE is proud to announce the launch of AMLTRIX, a first-of-its-kind open knowledge initiative designed to standardize and revolutionize the fight against money laundering.

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Originally published on 10 Apr

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