News not to be missed

Atlas Premium Lietuva, owned by Norwegian company Hofseth International through a Latvian entity, acquires seafood processing plant in Klaipėda FEZ from Espersen Lietuva. Following Espersen’s decision to end its 21-year operations in Lithuania and relocate production to Poland, Atlas Premium..

Redwire Corporation, a global leader in aerospace and defense technology solutions, has completed its acquisition of Edge Autonomy Intermediate Holdings LLC together with its subsidiaries, a leading provider of field-proven uncrewed airborne system technology. The transaction value amounted to USD..

Practica Capital, together with Earlybird Venture Capital, Inovo.vc, and a group of angels, has provided a record-breaking USD 17 million seed round in the Baltics for sintra.ai. sintra.ai is a fast-growing platform already helping over 40 thousand small businesses in..

Polish VC fund Balnord and Lithuania-based Coinvest Capital have contributed to a EUR 2.8 million seed round in Astrolight to support its mission of developing an end-to-end laser communication system. Astrolight, previously selected for NATO’s DIANA program and ranked among..

CREDITREFORM LATVIJA SIA has completed its multi-stage reorganisation by transferring its credit information operations to Crefo Rating SIA (now CREDITREFORM Rating SIA). Additionally, its sister company B2Kapital SIA has been merged into CREDITREFORM LATVIJA SIA. Therefore, the debt recovery and..

PC Savas, the company that manages the Savas shopping centre in Kaunas and is indirectly controlled by Arvydas Avulis, Chairman of the Board at Hanner, is set to be acquired by NDX Group, the asset management and investment company of..

Real estate developer and manager Linstow Baltic has selected Snabb as the new parking operator for all its properties in Riga.   Snabb’s expansion into Riga will introduce major innovations. License plate recognition cameras will replace traditional ticket terminals, and contactless..

The Austrian HS Timber Group has acquired 100% of the shares of Latvian wood processing company Vika Wood SIA from its Swedish owner, Bergs Timber AB. Based in Vienna, HS Timber Group is one of the leading wood processing companies..