Irish low-cost carrier Ryanair plans to double the number of passengers it carries in the Baltic region over the next five years, seeking to capitalise on a planned reduction in operations by Latvia’s national airline airBaltic. Ryanair said it aimed to offer 11 million seats annually in Lithuania, Latvia and Estonia until 2031 and increase…
Lithuania is discussing a joint response with Latvia and Estonia to efforts to transit Russian and Belarusian grain through the Baltic States, Lithuanian Prime Minister Mindaugas Sinkevicius has said. Sinkevicius said he discussed the issue by phone with his Latvian counterpart on September 7, amid reports that grain allegedly stolen from Russia-occupied Ukrainian territories could…
Infortar’s subsidiary Infortar Agro is expanding into Lithuania by buying agricultural group UAB Litagra, which operates in milk and crop production, poultry farming, feed manufacturing and other farming activities. Litagra is a Lithuanian agricultural group that began operations in 1991. The Litagra group includes UAB Joniskio Grudai, UAB Litagros Zemes Ukio Centras and Agrohold Estonia…
Wolfram Europa will invest EUR 200 million to build an explosives and warhead manufacturing complex near Jekabpils, Latvia, with production set to begin in 2027. The 40-hectare facility will be built on land secured under a long-term agreement with Latvia’s State Forests (LVM). Construction and production are planned in three phases beginning in 2027, with…
The Baltic States must work together to secure European Union funding for the Rail Baltica project in the bloc’s 2028-2034 budget, Lithuanian Prime Minister Mindaugas Sinkevicius said on August 20. “Latvia, Estonia and Lithuania should fight for the 2028-2034 multiannual budget funding for Rail Baltica. The Connecting Europe Facility is the designated tool for this,”…
Falber Investments, the parent company of Estonian raw milk producer Agrone, has signed an agreement to acquire the Rigas piena kombinats group, which also includes Valmieras piens. Completion of the transaction is subject to approval by the competition authorities in Estonia and Latvia. By agreement between the parties, the financial terms of the transaction have…
Lithuania, Poland and other Baltic States are stepping up security around dams, power plants and natural gas infrastructure amid concerns that Russia could stage “false-flag” attacks intended to trigger confusion within NATO, Reuters reports. Lithuania has strengthened protection of critical infrastructure after its military intelligence reportedly obtained information that Russia was considering attacks in the…