Telematics and Connected Mobility Conference in Vilnius: A Signal Moment for the Industry Took Place

Gurtam, a global leader in fleet management software headquartered in Lithuania, hosted the Telematics and Connected Mobility conference on 10–11 September at LITEXPO, the largest event venue in the Baltics. The conference brought together fleet operators, telematics service providers, connectivity experts, and technology innovators from around the world, creating a concentrated space for dialogue and discovery on the future of vehicle operations.

Telematics and Connected Mobility combined two full days of sessions across two tracks, including a tech expo with 18 companies showcasing their latest solutions and innovations. This format allowed fleet managers to exchange directly with developers, hardware providers, and peers, blending strategic insight with practical, hands-on demonstrations.

With more than 500 attendees spanning from Australia to Latin America, event speakers included senior engineers from global IoT providers, professionals from Porsche Consulting, Bamboo Group, and Amazon, as well as top Lithuanian-headquartered but globally operating companies such as Teltonika, Ruptela, Gurtam, and Girteka. Their presence underscored Lithuania’s growing role as a hub for innovation in fleet digitalization.

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Originally published on 12 Sep

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Lithuania Strengthens its Position in Global Health Tourism

By Lithuania Co-create 7 March 2025

Lithuania continues to bolster its presence in the international tourism scene, having recently received the prestigious ITB Health Tourism Award 2025. This award, presented by the world’s largest tourism exhibition, ITB Berlin, recognises countries for their achievements in developing health tourism infrastructure, service quality, and international visibility.

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Originally published on 7 Mar

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NIB, Luminor and NORD/LB to co-finance a 148 MWp solar farm in Latvia

By The Nordic Investment Bank 6 March 2025

NIB, Luminor Bank and NORD/LB have agreed to co-finance a 148 MWp solar farm in the Ventspils municipality. The project is developed by Stelo Orienta SIA, a subsidiary of European Energy, a Danish renewable energy company.

The overall financing amounts to EUR 68 million. NIB’s EUR 28 million loan is supported by the European Union under NIB’s InvestEU Framework Operation on Clean Energy Transition. This is NIB’s first InvestEU loan in Latvia.

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Originally published on 6 Mar

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ELKO Group enters refurbish business by acquiring Renewed AB

By Labs of Latvia 6 March 2025

Akciju Sabiedriba ELKO Grupa (ELKO Group), a region’s leading distributor of IT and consumer electronics products, through its subsidiary Gandalf Distribution AB, has concluded a sales and purchase agreement for the purchase of 78.95 percent of the shares in Renewed AB, a fast-growing Sweden-based electronics recommerce player.

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Originally published on 6 Mar

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INVL Baltic Sea Growth Fund has completed the sale of InMedica Group to Finnish Mehiläinen

By Invalda INVL 6 March 2025

INVL Baltic Sea Growth Fund, the leading private equity fund in the Baltics, together with the other shareholders, have completed the sale of InMedica Group, Lithuania’s largest private healthcare network, to Mehiläinen, Finnish largest social and healthcare provider with fast growing international presence

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Originally published on 6 Mar

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ORLEN Group and S&P Agency Report: Closer energy ties between Poland and other states of the Baltic region could unlock cheaper and more sustainable energy

By Orlen 6 March 2025

Stable supply of electricity at affordable prices, achieving full independence of the Baltic Sea region from Russian supplies, as well as clean air, thanks to joint projects for the development of new technologies, including hydrogen, are potential benefits of cooperation between the Baltic countries, according to a new report by the ORLEN Group and S&P Agency. The report assesses the progress of the energy transition in the region and identifies opportunities for collaboration to accelerate decarbonisation efforts. It outlines specific areas of cooperation and their expected outcomes, following an in-depth analysis of conditions across eight countries: Poland, Germany, Denmark, Sweden, Finland, Lithuania, Latvia, and Estonia.

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Originally published on 4 Mar

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Latvia accredits its first professional continuing education programme in cybersecurity

By Labs of Latvia 5 March 2025

In response to growing cybersecurity challenges, Latvia has accredited its first professional continuing education programme in cybersecurity—the Cybersecurity Technician programme, which is available at the European Distance Learning Centre. The programme seeks to train qualified cybersecurity technicians capable of ensuring the security of an organisation’s IT systems and data, identifying and responding to cybersecurity threats, and implementing preventive measures to protect IT environments.

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Originally published on 5 Mar

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Tallinn wins ITB Earth Award 2025 for zero-waste festival initiative

By City of Tallinn 5 March 2025

Tallinn’s story of a zero-waste Song and Dance Celebration has won the ITB Earth Award 2025 at the Green Destinations Top 100 Story Awards competition, one of the world’s largest tourism fairs held in Berlin. The award highlights Tallinn’s innovation and commitment to sustainability as a tourism destination.

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Originally published on 5 Mar

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Stargate Hydrogen raises 11 million euro series A for scaling up precious metal free electrolysers

By Trade with Estonia 5 March 2025

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Stargate Hydrogen, an Estonian manufacturer of innovative electrolyser stacks and systems, announces the successful completion of its series A funding round, raising 11 million euros in equity investments from strategic customers and financial investors.

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Originally published on 4 Mar

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Fourth Edition of the World´s Biggest Virtual Company Visit focuses on circular economy

By Business Oulu 4 March 2025

For the fourth time, Työn Taitajat (Talents for the future programme in the city of Oulu) is organizing the World’s Biggest Virtual Company Visit in collaboration with companies promoting the circular economy in Oulu, along with the University of Oulu, Oulu University of Applied Sciences, and Educational consortium OSAO. The event is also supported by the Oulu Circular Economy Cluster, Oulu Innovation Alliance, International House Oulu, and Taikasatukulma.

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Originally published on 4 Mar

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Riga to invest EUR 170,000 in an accelerator and incubator support programme

By Labs of Latvia 4 March 2025

Until March 16, the Riga City Municipality is accepting applications for the Riga Startup Accelerator and Incubator Support Programme. The programme aims to foster the growth of the startup sector in Riga by providing co-financing for business incubation and acceleration programmes. The budget for this programme in 2025 is EUR 170,000, with up to EUR 40,000 in co-financing available per applicant.

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Originally published on 4 Mar

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