Baltic transmission system operators (TSOs) have confirmed the planned launch of a frequency reserve capacity, with the first auction date set for February 4, 2025. The launch of the frequency reserve capacity market is an important step in the Baltic power grids’ synchronization with the Continental European frequency area. The goal of the market is…
In September, Bulgaria’s retail trade sector, excluding the sale of cars and motorcycles, reported a slight rise in turnover, up by 0.4% from August’s figures, which had shown a 0.7% decline. This recent monthly increase follows eight consecutive months of growth, beginning in February. Compared to September 2023, retail turnover in September grew by 4.8%,…
The priority is to connect the three Baltic States with the European railway network until 2030 – this is a strategic necessity, and therefore the focus should be on the construction of the baseline, stresses Catherine Trautmann, coordinator of the North Sea Baltic Transport Corridor of the European Commission’s Directorate-General for Mobility and Transport. The…
Slovakia has confirmed its readiness to launch a new Kyiv – Bratislava train in the middle of December. This was discussed during the Sixth Meeting of the Ukrainian-Slovak Mixed Commission. On the Ukrainian side, the commission was chaired by First Deputy Prime Minister and Minister of Economy Yuliia Svyrydenko. The Slovak side was represented by…
In Poltava region, farmers continue to harvest sugar beets – 24,000 hectares have already been harvested. This is almost 80% of the projected areas, Philip Pronin, the head of Poltava Regional Military Administration, has said. A total of 890,000 tons of beets were harvested. Out of 720,000 tons of raw materials, sugar factories of the…
Russian energy company Lukoil has announced plans to sell its largest asset in the Balkans, the refinery in Burgas, to a Qatari-British consortium until the end of the year, marking a significant shift in Moscow’s influence over energy supplies in Southeastern Europe, as reported by the Financial Times. The sale has been approved by the…
The Baltic defensive line is beginning to take shape – Estonia is testing bunkers, Latvia is putting up concrete blocks and Lithuania is acquiring mines. Since first being announced following Russia’s full-scale invasion of Ukraine, Estonia has tested three different types of bunkers to see which would best withstand 155mm artillery shells. “We are having…