Posts Tagged ‘Estonia’
German energy group Danpower invests in Estonia, citing good business climate
German energy company Danpower Group is acquiring a majority stake in SW Energia OÜ, one of Estonia’s leading district heating providers, says the official press-release. Danpower Group is a Potsdam-based energy company specializing in district heating and renewable energy solutions for municipalities, industries, and residential areas across Germany and now Estonia.
The deal, signed on January 27, awaits approval from the Estonian Competition Authority and aims to accelerate the transition to renewable energy in Estonia’s heating sector.
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Originally published on 5 Feb
Read MoreEstonia launches Defence Business Lab for startups
To secure the status of Europe’s frontier DefenceTech destination, Estonia is moving fast, and is now building a pipeline for defence startups to win major international funding. Estonia’s Ministry of Defence, in collaboration with the Ministry of Economic Affairs and Communications, has established a pre-accelerator programme called the Defence Business Lab, according to the official press release.
Designed to help local companies compete more effectively in major international defence funding competitions, the programme aims to prepare early-stage development teams for successful applications to NATO DIANA (Defence Innovation Accelerator for the North Atlantic) and the European Defence Fund (EDF), two significant sources of defence funding.
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Originally published on 2 Feb
Read MoreEstonia, Latvia, Lithuania and Germany renew a four-party agreement in Tallinn to strengthen strategic communication and media literacy
Today, 29 January, the Secretary General of the Estonian Ministry of Foreign Affairs, Jonatan Vseviov, the State Secretary of the German Federal Foreign Office, Bernhard Kotsch and the Vice-Minister of Foreign Affairs of Lithuania, Vidmantas Verbickas, signed a four-party cooperation memorandum in Tallinn aimed at strengthening ties between the countries in the fields of strategic communication and media literacy. The agreement was signed ahead of the meeting also by the Latvian State Secretary Andžejs Vilumsons, with Latvia represented at the meeting by the Inspector General of the Latvian Ministry of Foreign Affairs, Ilgvars Kļava. The agreement is an updated version of the cooperation memorandum first concluded between the foreign ministries of the four countries in 2015.
Secretary General Vseviov emphasised that in the context of growing foreign influence activities, disinformation and hostile propaganda, it is crucial to strengthen societal resilience. He noted that closer cooperation between like-minded countries is key to protecting and developing the democratic information space.
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Originally published on 29 Jan
Read MoreSödra’s divestment of its forest holdings in the Baltics is now completed
The agreement between Södra and the Ingka Group’s investment company, Ingka Investments, regarding Södra’s forest holdings in the Baltics has now been approved and finalised.
With the aim of doing what is best for the forest estate and for Södra’s long-term competitiveness, Södra decided in early 2025 to divest all its forest holdings in Latvia and Estonia. Since the agreement with the buyer in October 2025, a competition review and approvals from local authorities have been underway – a process that has now been concluded. The transaction, with a purchase price of 720 million euros, is therefore complete.
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Originally published on 30 Jan
Read MoreairBaltic Celebrates 30 Years of Connecting Riga and Tallinn
Riga/Tallinn. At the beginning of 2026, the Latvian airline airBaltic marks 30 years of operations on the route between its home base, Riga and its base in Tallinn. The first airBaltic flight from the Latvian capital to the Estonian capital took place on January 30, 1996, thus marking an important milestone in the airline’s early network development and strengthening air connectivity within the Baltics and between Estonia and the wider region.
Mantas Vrubliauskas, Vice President Network Management at airBaltic: “For three decades, our operations between the two capitals have contributed to stronger connectivity for Estonia, supporting both business and leisure travel. Over the years, airBaltic has steadily grown its presence in Tallinn, and today we offer a strong and competitive network of direct routes from the city. As the leading airline in the Baltic region, we remain committed to providing reliable connectivity for our passengers while continuing to explore new opportunities to further strengthen links across the Baltics. We also extend sincere thanks to our long-standing partners, RIX Riga Airport and Tallinn Airport, for their continued cooperation and support in airBaltic’s development.”
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Originally published on 30 Jan
Read MoreEstonia entrusts the development of e-resident biometric solutions to Latvian company
X Infotech, a Latvian software provider, has won a procurement for creating a technical solution for collecting e-residents’ biometric data via mobile devices, the Estonian Ministry of the Interior’s Information Technology and Development Centre (SMIT) has announced. The application to be developed will enable applicants for e-Residency, starting in 2027, to verify their identity securely via a smartphone application.
Submitting biometric data through a mobile app will make the e-Residency application process more convenient and faster, and is a prerequisite for eventually replacing the current physical card–based e-resident digital identity entirely with a mobile solution. The solution being developed must also meet the European Union’s eIDAS regulation’s stringent security requirements, ensuring that the e-resident digital ID remains usable for authentication and for providing electronic signatures equivalent to handwritten signatures.
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Originally published on 29 Jan
Read MoreTallink Grupp continues cooperation with John Nurminen Foundation to preserve and protect the Baltic Sea
The John Nurminen Foundation, a well-known Finnish environmental organization, has set itself the strategic goal of reducing human-induced stress on the Baltic Sea. Tallink is supporting the organization’s activities with a donation of €20,000 that derives from the sale of Tallink Silja Line’s branded chocolate bars.
“Tallink Grupp connects the shores and people of the Baltic Sea, and for us this also means a natural obligation to maintain and improve the condition of our home sea. In addition to our cooperation with the John Nurminen Foundation, we are investing extensively in energy efficiency and environmental friendliness – our shuttle vessels already use a significant amount of renewable fuel, liquefied biomethane, and the complete transition is expected to take place this year. Tallink Grupp is constantly striving to improve the energy efficiency of our fleet, which reduces Tallink’s and, consequently, our customers’ environmental footprint. We are doing our best and doing it systematically,” confirmes Paavo Nõgene, CEO of Tallink Grupp.
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Originally published on 29 Jan
Read More€113 million in EU funding allocated to strengthen the resilience of Baltic and Polish electricity grids
The European Commission has allocated €113 million in funding from Connecting Europe Facility (CEF) for critical Synchronisation infrastructure protection implemented by the transmission system operators of Lithuania, Estonia, Latvia and Poland. The implementation of wider range of projects aimed at ensuring energy security against potential cyber and physical threats began on February 9 last year, following the successful synchronization of the Baltic States with the Continental European electricity network.
“Having successfully completed the synchronization project, the Baltic States and Poland continue to invest in energy independence and security. We are grateful to the European Commission for supporting our ambition to make the Baltic Sea region a model for strengthening the security and resilience of critical energy infrastructure across Europe. This funding is the result of our consistent efforts and sets a new precedent, as until now the European Union had no dedicated financing for the protection of critical energy infrastructure. By consistently applying the lessons learned from Ukrainian energy specialists, we are expanding the scope of protection for our critical energy infrastructure projects. We plan to apply for further funding for resilience projects and are actively working to ensure that a long-term EU-level instrument for financing critical energy infrastructure protection is established,” – said Žygimantas Vaičiūnas, Minister of Energy of the Republic of Lithuania.
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Originally published on 28 Jan
Read MoreAll in Estonia is putting its economic future in AI’s hands
If someone out there was going to make artificial intelligence an integral part of its economy, a good bet would have been Estonia. Already one of the most digitalised countries, it is now looking to systematise its approach to the technology with the aim of increasing the size of its economy by half by 2035 (amounting to an extra €20 billion). Unveiled yesterday by Kristen Michal, the prime minister, and a group of the country’s all-star entrepreneurs, the Eesti.ai initiative will start by identifying the areas where AI stands to make the biggest impact. (The leading candidates are education, healthcare and security.) Once the areas are finalised, public-private partnerships will then be set up to develop applications that can increase productivity.
For a country in Estonia’s situation, such increases are not just nice-to-have. Its population is shrinking, and, all things being equal, when residents do not have enough babies, the labour force contracts. The result must either be fewer services or higher taxes. Immigration is one way to avoid having to make a that choice, but this option is becoming increasingly less viable; population declines are not unique to Estonia, and that is putting skilled labour at a premium throughout Europe. Another is to find ways for the hands that remain to do more work, and here, Estonia is hoping that, AI, in the labour market at least, will make its residents more productive.
Read MoreEstonia launches bold AI initiative to double productivity
Estonia is no stranger to being the first in official digital adoption — already succeeding in making all governmental services online, using blockchain and e-voting. Now it’s time to take this approach into the AI era. The Estonian government unveiled Eesti.ai on Tuesday, an ambitious national program that aims to systematically implement artificial intelligence across all sectors, with the goal of doubling the value of Estonian work by 2035.
Prime Minister Kristen Michal launched the initiative alongside Bolt founder Markus Villig, who will chair the international advisory council driving the program. The council brings together Estonian tech leaders, including IT visionary Linnar Viik and entrepreneurs Sten Tamkivi (Skaala), Kaspar Korjus (Pactum), and Taavi Madiberk (Skeleton), working alongside international experts and sector representatives.
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Originally published on 27 Jan
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