German defence manufacturer Rheinmetall and its Lithuanian partners will soon begin preparatory work on a new artillery ammunition plant in northern Lithuania, a project worth between EUR 260 million and EUR 300 million. The facility will be built in Baisogala, Radviliskis district, with construction expected to take place in stages until early 2027. “Physically things…
The beverage company A. Le Coq has signed an agreement to acquire shares in Varska Originaal, but mineral water production will continue in Varska. On September 15, A. Le Coq signed a purchase agreement to acquire all shares of Varska Originaal AS. Jaanus Vihandi, a member of A. Le Coq’s management board, said the company…
Provided that there are no systemic attacks on the energy system, Ukraine may go through the heating season without restrictions on electricity consumption. The relevant statement was made by the press service of Ukrenergo National Power Company. “If there are no new systemic attacks on energy facilities, there is every reason to expect that we…
Ukrainian Energy Minister Svitlana Grynchuk met with Canadian Ambassador to Ukraine Natalka Cmoc. The parties focused on expanding cooperation in the energy sector. The meeting was a continuation of the dialogue initiated between the leaders of the two countries – Ukrainian President Volodymyr Zelenskyy and Canadian Prime Minister Mark Carney – during the latter’s visit…
Various analysts believe that September will bring several factors that will lower crude oil prices on the world market. Although at the end of August the price of oil increased compared to the middle of the month and was traded at $68 per barrel, a short-term price decline is expected in the future. “Experts who…
Estonia’s state budget took in EUR 8.8 billion in taxes in the first seven months of 2025, up by EUR 912 million YoY, the Ministry of Finance said. Tax receipts rose on the back of labor taxes, rate changes and major transactions before and after hikes. In July alone, EUR 1.3 billion was collected, EUR…
Vilnius will maintain a firm stance on sanctions against Belarus, including restrictions on the transit of Belarusian potash fertilizers, despite possible international pressure, Prime Minister-designate Inga Ruginiene has said. “If we do not continue to push for sanctions and a tough stance on the aggressor, it will be bad. The United States may apply pressure,…