
Diversification is the key to emerge and grow
Lithuania withstands the recent economic shocks due to the successful diversification of export markets.
Lithuania withstands the recent economic shocks due to the successful diversification of export markets.
Frankenbur’s goal is to develop drone technology ten times cheaper than what’s available on the market and supply to national forces.
In Estonia, inflation for food and services is pushed higher by taxes, while production has become more expensive at the expense of competitiveness.
Poland recorded a current account deficit of €168 million with the difference in import and export dynamics widening further.
Riga offers operational and financial advantages, that’s why Cembra Latvia is strengthening the local service industry with professional quality services.
Wix establishes a new design studio in Vilnius, while PAYSTRAX expands its Lithuanian operations, boosting their teams and capabilities.
In Q3 2024, Latvia’s exports rose slightly YoY, with services leading. FDI hit 327M euros. Imports fell, especially in mineral products.
Poland’s GDP growth in Q4 was 3.2% YoY, up from 2.7% in Q3, hauled by household consumption rising by 3.2% YoY and public consumption by 3.4% YoY.
Lithuania’s economy rebounds with 2.4% GDP growth in 2025, driven by exports, private consumption, and investments.
The partnership between Latvia and South Korea highlights the potential to drive innovation and economic growth.