Tuesday, April 14, 2026

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The solution for obtaining biometric data for Estonian e-residents will be developed by a Latvian company

Latvian software developer X Infotech has won the tender for developing a technical solution to capture e-residents’ biometric data using mobile devices, announced the Information Technology and Development Center of the Estonian Ministry of the Interior (SMIT). Starting from 2027, the application under development will allow e-residency applicants to securely confirm their identity using a smartphone app. Submitting biometric data via the mobile app will make e-residency […]

The EP freezes the Mercosur deal and asks the EU Court of Justice to review it. Normally, this type of procedure takes 18–24 months. What else can happen?

The Mercosur deal, or the free trade agreement between the European Union and South America, provides for free trade without import tariffs, and the situation around it is ambiguous. Supporters of the agreement believe that it will open up wide opportunities for EU producers to export their goods to South America. In this respect, the main beneficiaries could be car manufacturers from Germany and other countries. Meanwhile, opponents of the agreement are concerned […]

At Riga Central Market, rental fees have increased by up to 80%; home producers and local growers will suffer the most, and product price increases will follow

At the beginning of 2026, rental fees have increased for traders at the Riga Central Market, leaving tenants puzzled, Inc. learned at the central market. Checking the prices on the market’s homepage, it can be seen that rental fees for various points of sale increase differently from this year; however, the biggest rise has affected the gastronomy pavilion, where now as much as 79% more has to be paid. The “Rīgas nami” price list shows that the pricing for various […]

Artificial intelligence will facilitate communication between the Baltic republics

A new artificial intelligence (AI) technology platform provides speech-to-text and text-to-speech conversion, helping organizations automate various tasks in Latvian, Lithuanian, and Estonian. The Lithuanian artificial intelligence (AI) and biometrics technology company Neurotechnology, which specializes in deep machine learning solutions and high-precision biometric identification technologies, has unveiled a new artificial intelligence platform for natural language processing (NLP) tasks […]

71.25% of DelfinGroup now belongs to INDEXO

Upon completion of the mandatory share buy-back offer, IPAS INDEXO will acquire a further 1,862,021 AS DelfinGroup shares, which is 4.09% of the total voting share capital of DelfinGroup. As a result of the share purchase, INDEXO will acquire 1,765,588 DelfinGroup shares, or 3.88% of the company’s capital, while as a result of the share exchange, INDEXO will acquire an additional 96,433 DelfinGroup shares, or 0.21% of the company’s capital. The mandatory share buy-back offer was made following the voluntary […]

Cēsis residents are allowed to take over the Valmiermuiža brewery

The Competition Council has approved the merger of SIA Valmiermuižas alus and AS Cēsu alus. With this decision, the accession of Valmiermuižas alus to the Cēsu alus group of companies will be completed within the next month, Valmiermuižas alus informs. It has already been reported that, for the Competition Council to make its decision, it needed the opinion of industry representatives. Taking into account the council’s decision, it can be concluded that the industry had no significant objections […]

Estonia’s market leader Ühisteenused acquires Cityparks Latvia

From 23 December 2025, the sole owner of Cityparks Latvija has become the Estonian parking operator AS Ühisteenused, which has acquired 100% of the company’s share capital. The financial terms of the transaction are not being disclosed. AS Ühisteenused is a market leader in Estonia, managing and supervising more than 1,000 paid parking lots in eight cities, including both open parking areas and multi-storey parking complexes. “Ühisteenused’s experience and […]

It is planned to insure Rail Baltica officials against liability in project implementation: with a 12-year retroactive date and a compensation limit of up to 20 million

Having sensed the smell of burning, AS RB Rail, which is the implementer of the Rail Baltica railway project and is owned by the governments of the three Baltic states, on December 23 last year announced a procurement for directors’ and officers’ liability insurance. The procurement specification stipulates that the insurance must cover the liability of both current and former members of the management and supervisory boards, as well as other persons, including those who have left […]

Online shopping has not yet outcompeted the in-person experience

Even after the holidays, in-person shopping remains an unmatched and important part of shoppers’ everyday lives, especially during sales periods, when people hurry to buy the products they need at more favorable prices, according to the results of a sociological study commissioned by Domina Shopping. The study data show that at the beginning of the year, in the so‑called “long January,” people plan their shopping during sales consciously and practically. The results indicate that food and beverage […]

Tele2 is now led by Arnis Priedītis

Today, on January 14, Arnis Priedītis has officially become the Chairman of the Board of Tele2. Previously, he held the position of Chief Financial Officer and was acting Chief Executive Officer. As reported earlier, the former head of “Tele2” Valdis Vancovičs decided last November to leave his position as Board Member and Chief Executive Officer. Arnis Priedītis has been working at Tele2 for more than 18 years, during which time […]