Browsing Tag
Latvia
20 posts
Intelic advances AI drone integration as Dutch defence partnership reaches Ukraine battlefield
Dutch defence software developer Intelic is demonstrating how artificial intelligence can connect radar, sensors and unmanned systems through a common command platform. Its Netherlands defence partnership is worth more than €30 million, while operational use in Ukraine offers a separate test of the technology's adaptability.
airBaltic has 3,000 employees and plans a smaller fleet. Could nearly one in four roles be affected?
airBaltic says between 500 and 700 positions could be affected as the Latvian carrier aligns staffing with a smaller fleet and a new business plan during its Chapter 11 financial reorganisation. The proposed changes span Riga, Vilnius and Tallinn and could touch pilots, cabin crew and other functions, although individual decisions have not yet been finalised. The workforce process demonstrates how quickly airline financial restructuring can move from balance sheets and aircraft leases into employee numbers.
Ryanair proposes $1.6bn Baltic expansion as airBaltic retreat opens a capacity gap
Ryanair plans to double passenger traffic across Latvia, Lithuania and Estonia to 11 million annual seats by 2031, but the airline is simultaneously cutting capacity where airport charges rise, underlining the cost discipline behind its European expansion.
CIA chief makes secretive Moscow trip as US intelligence raises alarm over possible Russian test of NATO
CIA Director John Ratcliffe’s rare Moscow visit reportedly carried a warning against any Russian attack on NATO amid new US intelligence concerns.
Poland and Baltics fortify energy sites over feared Russian false-flag drone attack
Poland, Lithuania, Latvia and Estonia are tightening security around LNG terminals, dams, gas storage and electricity infrastructure amid intelligence warnings that Russia could stage an attack using Ukrainian-made drones to create confusion inside NATO.
Ignitis Group approves €35m Tume battery project to strengthen Latvia’s renewable power system
Ignitis Group will pair a 107.2 MW battery system with its Tume solar farm, creating a hybrid Latvian energy asset designed for flexibility, grid services and lower curtailment.
Baltic Classifieds Group (LSE: BCG) rebounds after FY26 sell-off as buyback-fuelled debt swing tests the Baltic monopoly thesis
Baltic Classifieds Group (LSE: BCG) rebounds after FY26 sell-off as €101m capital return meets a swing to net debt and mid-70s FY27 margin guidance. Read on.
Why Norway just locked into the Patria 6×6 and what it signals for Europe’s armoured fleet
Norway just signed the Patria CAVS framework, locking into a 6x6 standard Finland and Germany already field, with Kongsberg Gruppen holding the listed stake.
EU startup scoreboard exposes Europe’s scaleup divide despite policy gains across 20 member states
Europe’s startup scene is improving, but not evenly. The EU’s first scaleup scoreboard shows where policy works and where founders still hit walls.
How the UK fell below NATO’s defence average and what it means for BAE and peers
Britain says it is rearming. NATO's 2025 data says London is now spending less of its economy on defence than TĂĽrkiye, and the gap is structural.