A collection of 6 posts
Central and Eastern European (CEE) countries are still navigating post-pandemic economic challenges amid newer geopolitical tensions, according to the Economic Outlook December 2024 report from the Organisation for Economic Co-operation and Development (OECD). Inflationary pressures, labour shortages, and weakened demand from key European markets, most notably Germany, are affecting industrial
Central and Eastern Europe (CEE) is a rising force in artificial intelligence (AI) and startups in the region raised EUR 1.4bn in funding between 2023 and 2024, The Recursive writes in its second report entitled “The State of AI in CEE 2024”. Despite a less-than-perfect global funding environment, geopolitical
A new list spotlighting the fastest-growing startups in Central and Eastern Europe (CEE) shows Estonia as the clear leader in the region’s startup scene, with neighbours Latvia, Bulgaria, Romania, and Lithuania also making the leaderboard. The Sifted 30: Eastern Europe & Baltics leaderboard ranks private startups established within the
Ranked number four in the Global Fintech Index Ranking – and with more than 260 fintech companies and 7,000 professionals – Lithuania is an industry leader in continental Europe. Now the Baltic country’s government is seeking to secure this position with a new five-point plan. In 2014, Lithuania had 55
Venture capital (VC) financiers invested EUR 71mn in Lithuanian fintechs in 2021, up from EUR 18mn in 2020, according to The Financial Times’ first ever special report on the country. User-friendly regulation is attracting start-ups, though the UK’s lead will be hard to match, the UK business daily writes
Business services and products including fintech are the key field for startups in the Baltics. Fighting fraud, data visualizations and effective work tools. Startups offering business services from the Baltic countries of Estonia, Latvia and Lithuania, (combined population circa 6.2 million) now number the thousands. As well as fintech,