LTG Cargo, a part of Lithuania’s state-owned railway company Lietuvos Gelezinkeliai (LTG), has established a subsidiary in Ukraine, according to the company’s press release. LTG Cargo Ukraine will first offer rolling stock rental, forwarding and other freight transportation services as part of its expansion strategy. “Our new line of business is a planned strategic step…
According to data from Statistics Estonia (Statistikaamet), in November 2020, the exports of goods increased by 9% and imports by 7% YoY. Trade with non-EU countries saw the largest increase. In November 2020, Estonia’s exports of goods amounted to EUR 1.3 billion and imports to EUR 1.4 billion at current prices. The trade deficit was…
In 2020, the port of Ventspils handled 12.9 million tons of cargo, down by 37% YoY, the Port Authority statistics said. In December 2020, the port handled 1.07 million tons of cargo, including 697,000 tons of liquid bulk cargo, 183,000 tons of dry bulk cargo and 188,000 tons of general cargo. In the reporting period,…
The Irish low-cost airline Ryanair will suspend flights on 70% of its routes from Kyiv until the end of March. Until the spring of 2021, the airline will continue to operate only three out of 30 flights from the Boryspil International Airport – to Vienna, Berlin and Valencia. At the same time, Ryanair plans to…
Ukraine will receive from the United States two new MK VI patrol boats. That’s according to Army Inform, Defense Ministry’s information agency, referring to a Pentagon report. The construction will cost nearly $20 million. The first batch of boats is expected to be built until December 2022. “The vessels for our country will be manufactured…
Last year, the consumer price index decreased by 0.4% compared to the average of 2019, data from Statistics Estonia showed. Fuel prices declined the most, while fresh fruit prices rose. Viktoria Trasanov, leading analyst at Statistics Estonia, said motor fuel had the biggest impact on the annual change of the consumer price index, as diesel…
The Fisheries Committee has been created under the Ministry of Ecology, Geology and Natural Resources. The ministry noted that the creation of the committee would promote effective implementation of the recently adopted Fisheries Development Program until 2030 and would increase the volume of fish farming and export of fish products. Kazakhstan is planning to be…