Economic challenges faced by the eastern border regions must be recognised at the European Union (EU) level, the prime ministers of the three Baltic States agreed on December 12 during a meeting in Riga. The meeting of the prime ministers of the Baltic Council of Ministers, chaired by Latvian Prime Minister Evika Silina (New Unity),…
The prime ministers of Lithuania, Latvia and Estonia remain confident that Rail Baltica – the multibillion-euro, European-gauge railway linking the Baltic states with the rest of the EU – will be completed on schedule, and they have vowed to secure the highest possible level of European funding for the project. Lithuanian Prime Minister Inga Ruginiene…
Flydubai may divert its new Vilnius flights to Riga if smuggler balloons interfere with operations at the Lithuanian capital’s airport, a senior airline official has said as the carrier prepared to launch its first Dubai-Vilnius service. “We come from a very volatile region ourselves, so we are constantly dealing with crises like this. We have…
New electricity connections between Estonia and neighboring countries will not be completed until the mid to late 2030s, a new report by Elering says. The Estlink 3 connection with Finland and the fourth powerline with Latvia are scheduled for completion between 2035 and 2038, according to an updated plan. Both projects have moved from the…
PRFoods is selling its Saaremaa-based Saare Kala Tootmine to Latvia’s Brivais Vilnis A/S, marking the exit of the listed Estonian food producer from local manufacturing. Its subsidiary Saaremere Kala AS will transfer its 100% stake in Saare Kala Tootmine, one of the Baltic States’ largest fish processors, to Brivais Vilnis. The sale follows PRFoods’ April…
Minister of Infrastructure Kuldar Leis (Reform) denied reports in the Latvian media that part of the Rail Baltic track would continue on the Russian gauge to save money rather than switching to European standard tracks. The railway connection running from Tallinn to the Polish border with the European gauge is expected to be completed across…
Lithuania’s Competition Council has given Estonia’s Ekspress Grupp, the owner of the Delfi news portal, an additional month to sell the lrytas.lt news website, extending the deadline to January 7, 2025. Ekspress Grupp had asked regulators to push back the original December 7 deadline to meet the obligations imposed in connection with its acquisition of…