Cigarette manufacturer donates drones to Lithuania to fight contraband cigarettes

To strengthen border control capabilities and expand the arsenal of anti-smuggling tools, the US-capital company Philip Morris Baltic has donated 7 industrial Autel Alpha drone systems to the Lithuanian government. The drones will be used by the Lithuanian Riflemen’s Union, an organization overseen by the Lithuanian Ministry of Defence. The drones received are specially adapted for carrying out complex tasks both during the day and at night. The total value of the support exceeds 150 thousand euros. […]

The number of newly established companies in Latvia reaches a six-year record

In 2025, Latvija registered the highest number of newly established companies and merchants in the last six years. According to data from the Register of Enterprises, a total of 10,445 new companies and merchants were founded, which is 12.07% more than in 2024, surpassing the 10,000 mark for the first time since 2019, according to data compiled by Citadele bank. Last year, 183 were registered in Latvija […]

Revolut becomes the title partner of the Audi F1 team

The Formula 1 Audi team and the global financial technology leader, the United Kingdom–based online bank Revolut, registered in Lithuania and with more than 60 million customers worldwide, have signed a cooperation agreement. Starting from the 2026 F1 season, Revolut will be the title partner of the Audi team. The partnership brings together two top-tier brands with a shared goal of challenging existing leaders and driving innovation both in motorsport and […]