Thursday, September 10, 2026

Headlines

lithuania

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. […]

Potential not yet discovered

In recent years, Lithuanian business turnover in Latvia has become more noticeable. Data show that investments by entrepreneurs from neighboring countries in companies in Latvia, and the turnover of these companies, grow faster precisely during crises. In just the two years of Covid-19, the turnover of companies in Latvia owned by Lithuanians increased by 56%. But how are Latvians doing in the neighboring country? It was a sunny day in July when my colleague and I, delighted about […]

Insurer BTA’s profit in nine months has reached 9.66 million euros

The non-life insurer BTA Baltic Insurance Company (BTA), which operates with branches in Lithuania and Estonia, posted a profit of 9.664 million euros in the first nine months of this year, which is 6.2% more than in the corresponding period last year, according to the information published by the company. In gross insurance premiums, BTA signed a total of 262.874 million euros in the Baltics in the first nine months of 2025, which is 9.9% more […]

Latvia’s budget expenditures for sick leave are five times higher than Lithuania’s and 90 million higher than Estonia’s

Latvia spends 350 million euros per year on paying employees’ sick leave, while Lithuania uses only 70 million euros per year for this purpose, despite the fact that Lithuania has 40% more inhabitants, according to information compiled by LDDK. Such a huge difference arises due to the sick leave payment model. Thus, in Latvia the employee pays for their own first sick day, then 75% […]

A new exchange in the electricity market promises greater competition

Transmission system operators (TSOs) of the Baltics, together with partners, have implemented a solution that allows multiple power exchanges to operate in the market, informs AS Augstsprieguma tīkls (AST). Competition between power exchanges will provide benefits to market participants by ensuring a wider range of options and better services. On 25 November, a new operator – EPEX SPOT – will start operating in the day-ahead market in Estonia, Latvia, and Lithuania. […]

Agency “Alpha” wins in two categories at the “European Agency Awards 2025”

The communications agency “Alpha” has won two awards this year in the prestigious “European Agency Awards 2025” competition – in the categories “Best PR Campaign” and “Best Integrated Campaign”, recognizing the campaign “Never Alone!”, which was carried out in Lithuania in cooperation with the Findmykids app. This achievement confirms that the Baltics’ communications industry is capable of creating European-level solutions with real public […]