American investment company Stonpeak has entered into an agreement with Baltic telecom operator Bite Group to acquire TeleTower’s operations in Lithuania and Latvia. This was announced in a Stonpeak press release. The deal aims to create an independent tower management company as part of a strategic partnership to increase investment in the Baltic mobile network…
Luminor Bank’s Chief Economist Lenno Uuskula said Estonia’s declining birth rates would bring economic problems in the future, for example, in healthcare and paying pensions. In November, 721 children were born in Estonia. In total, 8,442 children were born in the first 11 months of this year. Uuskula said that while discussion about economic cycles…
Lithuanian Airports (LTOU) estimated that in October and November, they incurred losses of around EUR 200,000 due to smuggling balloons arriving from Belarus, which most significantly disrupted operations at Vilnius Airport. According to the airports, the amount consists of lost revenue and other direct losses (wages, operational expenses, etc.). According to LTOU Communications Manager Vitalija…
The Government continues to develop the cogeneration network. It will ensure energy security for communities and independence from large facilities that are being deliberately destroyed by the enemy. Prime Minister of Ukraine Yulia Svyrydenko emphasised this and announced that she had instructed the Ministry of Energy to submit a plan for increasing cogeneration for the…
The government has extended the ban on the export of automobile gasoline from Russia for the third time – the restrictions will now be in effect until February 28, 2026, inclusive. This was reported by the press service of the Cabinet of Ministers, noting that the measure is aimed at maintaining a stable situation in…
Despite Rosstat’s reports about a sharp decline in the poverty rate, tens of millions of Russian citizens are in a “pre-poverty” state, as they can only afford food and basic goods. As RBC reports, this was stated at a meeting of the Stolypin Club by Dmitry Belousov, the brother of Defense Minister Andrey Belousov, who…
The Russian housing construction market is facing a “collapse” if the annual volume of mortgage issuance falls below 4 trillion rubles, said Russian Deputy Prime Minister Marat Khusnullin. “We would like to see at least as many mortgages issued in 2026 as in 2025. We understand that to maintain the necessary pace of construction, we…