At the end of June, the Competition Council (KP) made the decision to permit Estonian investment company Dragad OU to join Estonia-based holding Maral Invest OU, as confirmed by KP representative Zane Gorskova. She said that after this merge Dragad OU would cease to exist and would be excluded from the Commercial Register of Estonia.…
Estonia and Lithuania have agreed to jointly procure EUR 200 million worth of explosives, explosive materials and charges. Local companies are likely to benefit. Explosives are needed to detonate enemy landmines if minefields are impassable, the commander of the Engineer Battalion Lt. Col. Priit Heinloo has said. “In order to get through a larger minefield…
Lithuania still continues attempts to convince colleagues in Latvia and Estonia to speed up the synchronisation of their power networks with continental Europe, Prime Minister of Lithuania Ingrida Simonyte announced on June 29. “It would be optimal for Baltic States to make a joint decision,” she told Ziniu radijas, adding that decision-making would be easier…
Latvia and Lithuania on June 27 urged NATO to strengthen its eastern border in anticipation of Russian private military group Wagner setting up shop in neighboring Belarus, Reuters reported. Disgraced Russian dictator Pootin said that Wagner fighters would be offered the choice of relocating to Belarus as part of a deal that ended Wagner’s rebellion…
The Latvian government and Competition Council have approved Eesti Gaas’ acquisition of Gaso, a subsidiary of Latvijas Gaze, the Latvian natural gas distribution network. Infortar, the proprietor of Eesti Gaas, has been waiting for this permission before making preparations to go public. Eesti Gaas agreed to buy Latvijas Gaze’s subsidiary Gaso in mid-April, with the…
The European Commission announced this week that the next phase of Rail Baltica in Estonia, Latvia and Lithuania would receive EUR 928 million from the Connecting Europe Facility (CEF). With this decision, the European Union is also supporting the modernization of air traffic management and the purchase of a new icebreaker as efforts related to…
Russia’s war in Ukraine has prompted Estonia, Latvia and Lithuania to accelerate the building of their armed forces, writes Tony Lawrence, research fellow at the International Centre for Defence and Security (ICDS) in Estonia. Since regaining their independence in the early 1990s, the three Baltic States have put a high priority on constructing modern, effective…