Passenger rail service between Tartu and Riga could begin in the second half of the year, promise executives at Estonian passenger rail operator Elron. Meanwhile, Latvia’s offer, which could get the Estonian-Latvian rail link up and running faster and for less, still remains on the table. Located on the Estonian side of the border, Valga…
Nasdaq’s three Baltic stock exchanges saw considerably lower transaction numbers as well as trading asset turnover last year than in 2022, with shares in the Tallinn exchange’s now-delisted Baltika seeing the Baltic Main List’s biggest drop of 2023 at 46%. Last year, a combined 1.108 million stock transactions took place on Nasdaq’s Tallinn, Riga and…
The Harmony Link power interconnection between Lithuania and Poland will be built on land and will run alongside the European standard-gauge railway Rail Baltica, Energy Minister Dainius Kreivys has said. “It has now been agreed that Harmony Link will be built on land, rather than at sea, alongside the Rail Baltica tracks,” Kreivys said. This…
The extension of passenger train connectivity between Vilnius and Riga to include Tallinn will depend on decisions of Latvian and Estonian officials, Lithuanian Minister of Transport Marius Skuodis has said. On December 27, at the opening of passenger train service connectivity between Vilnius and Riga, Skuodis told journalists that Latvia and Estonia were in the…
The European Commission, Lithuania, Latvia, Estonia and Poland on December 19 signed a political declaration on the synchronisation of the Baltic states’ electricity grids with Western Europe until February 2025. Signed in Brussels on the sidelines of the EU Energy Council, the document also commits to accelerate the implementation of the Harmony Link electricity link…
Latvian, Lithuanian and Estonian state auditors have signed a cooperation agreement regarding important aspects and problems uncovered in Rail Baltica project’s implementation and financing so far, representatives of Latvian State Audit (VK) report. An assessment of the situation in regards to the project’s implementation, financing and international cooperation-related matters will be performed with Latvia, Lithuania…
Efforts to assist Ukraine in exporting its agricultural products have exposed the Baltic countries’ insufficient transport capabilities, Lithuanian President Gitanas Nauseda has said in Tallinn. He also urged the acceleration of the Rail Baltica European standard-gauge railway project. “Our efforts to help Ukraine to transport agricultural products pointed to the insufficiency of connectivity capacity in…