The Baltic Times

The Baltic Times is a magazine of 116 pages, 10,000 circulation, with in-depth articles covering politics, diplomacy, culture, tourism, and more

When a true friend turns away, the Baltics have no choice but to become a new Israel

The Baltic Times

Tele2 Group Vice President Petras Masiulis: “In Lithuania, 20 years ago, we leapt from third place to first - and, remarkably, we are still at the top“ • From a challenger that entered the market last to a telecom leader that reshaped competition in Lithuania and the Baltics, Tele2's rise defied industry logic. Asked by The Baltic Times Magazine what principle was key in propelling the company from third place in the market to first, Petras Masiulis, Tele2 Lithuania CEO for nearly 23 years and recently appointed Executive Vice President of Tele2 Group and member of the Tele2 Group Leadership Team, answered without hesitation: “The most important things are simple: we chose our direction and then managed not to change it. In business, there is a constant temptation to shift strategy - reacting to competitors, adopting new technologies, or responding to other changes. Resisting this is difficult, but we succeeded. Although Tele2 Lithuania has adapted over the years, we have not changed what works. We preserved our core direction - and that iswhat I am truly proud of: 20 years ago, we leapt from third place to first - and, remarkably, we are still at the top”.

Europe needs to stand up for Ukraine and not rely on the United States

Is Trump vulnerable? The 2028 elections will tell us that!

Lithuanisation of Estonian politics

The shadow of global populism looms over the Baltics

Avia Solutions Group - the largest ACMI group in the world. What are its future ambitions? • Today, the Irish company is the world's largest provider of aircraft leasing with crew, maintenance, and insurance (ACMI), operating in 68 countries. However, growth opportunities are far from exhausted, and, as the Group's CEO Jonas Janukenas states, upcoming plans include expanding the network of ACMI airlines and the aircraft fleet worldwide, with special focus on the Asian and Latin American regions.

Lithuania's Klaipeda Mayor Arvydas Vaitkus: a tough captain steering people, the city, and progress • After I mentioned, half-jokingly, that five out of six cab drivers I had spoken to a week before our long-awaited interview praised the recent changes in the city, Arvydas Vaitkus — Mayor of Klaipeda, Lithuania's third-largest city on the Baltic coast and home to the largest seaport on the Baltic Sea, already known as a tough captain at the city's helm - allowed himself a faint grin. “That's important to me. Taxi drivers are blunt and they don't lie. And objectively, they shouldn't have much to complain about, as we have significantly improved the transportation infrastructure - repairing streets, opening new parking spaces, and overhauling the city's transport system,” Vaitkus told The Baltic Times Magazine. However, the city's recent changes have been much more tangible than that.

Klaipeda Port CEO Algis Latakas: “Our success is no longer measured by cargo alone” • Klaipeda Port closed 2025 with solid cargo volumes and a strong pipeline of infrastructure projects, reinforcing its role as the Baltic States’ largest seaport despite geopolitical and economic headwinds. Speaking to The Baltic Times Magazine, Klaipeda State Seaport Authority CEO Algis Latakas emphasized that the port's performance can no longer be judged by tonnage alone.

How two Klaipeda businesswomen are redefining Shipps LT and a male-dominated sector • Klaipeda-based Shipps LT, specializing in shipbuilding, modernization, and repair, stands out in the Baltic and European marine sector not only for its technical competence but also for its leadership: the company is driven by a rare two- women executive alliance in a...