AGP Executive Report

Last update: 7 hours ago

Lithuania’s Security Tech Push: Lithuania has tripled funding for a pre-commercial procurement to develop tech to detect and stop Belarus-linked weather balloons used to smuggle cigarettes, boosting the budget from €1mn to €3mn and backing prototype trials with a pilot manufacturing phase. Energy Transition Watch: Litgrid says Lithuania’s green infrastructure grew fast in the first half of 2026, with battery storage connections jumping from 19 MW to 276 MW, bringing total storage on the grid to 0.7 GW. Telecom Upgrade: Tele2 secured new spectrum licenses and says its 4G covers 99.9% of Lithuania’s territory while 5G reaches 90.2% of the population, paving the way for targeted network expansion. Business & Tech Investment: Vilnius-based Oxylabs, a web intelligence and data infrastructure platform, raised €113.6m from Warburg Pincus, valuing it at €3.1bn. Diplomacy & Sanctions: Lithuania sent a note of protest to Russia over claims about drone attacks, while the Supreme Court in Ukraine refused to cancel NSDC sanctions against Petro Poroshenko. Culture in Vilnius: ArtVilnius’26 runs Oct 1–4, with Latvian galleries and artists returning, and the fair’s theme focusing on historical ties and today’s art scenes.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.

AGP Wire

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Jun. 22, 2026

Growth Forum returns to Vilnius with Meta and Google leaders

AGP

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Jun. 22, 2026

HIPTHER Baltics 2026 draws 430 across Vilnius, Riga and Tallinn

AGP

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Jul. 8, 2026

Stablecoins are beating CBDCs on adoption, EMBank chair says

AGP

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Jun. 26, 2026

ConiferSoft expands forestry software platform VACS into the Baltics

AGP


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Participation of Deputy Prime Minister for Reintegration in roundtable on Transnistrian conflict settlement process, held in Vilnius

Participation of Deputy Prime Minister for Reintegration in roundtable on Transnistrian conflict settlement process, held in Vilnius


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Jun. 22, 2026

The Growth Forum Returns to Vilnius, Bringing Together Meta, Google, and the Leaders Shaping the Future of Business

EIN Presswire

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Jun. 10, 2026

Lithuania Calls for Stronger NATO Presence After Drone Incidents

MENAFN

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Jul. 9, 2026

Oxylabs Announces $130 Million Investment from Warburg Pincus

GlobeNewswire, Inc.

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Jul. 8, 2026

Ekmel Çilingir: Stablecoins Are Outpacing CBDCs in the Race for Digital Money Adoption

EIN Presswire

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Jun. 3, 2026

Lithuania Says It Is in Talks on Expanded US Nuclear Sharing in Europe

MENAFN

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Jun. 3, 2026

Lithuania Says It's 'Not Standing Aside' in US Nuclear Sharing Talks

MENAFN

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