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…
As the festive season begins, Estonian public media journalists have visited Christmas markets in Riga and Tallinn to compare offerings and prices, writes ERR News. The Tallinn Christmas market opened on November 28 and would operate until December 28. Experience shows that demand drops sharply after Christmas, and therefore, like last year, the market will…
In the second half of November, prices for liquefied gas at Polish terminals increased by $5-10/ton, to $635-675/ton, on FCA terms. Taking into account the cost of delivery to the Ukrainian border, the mixture also rose by $5-10/ton, to $670-729/ton. Companies are raising prices for the Ukrainian route, as the Polish alternative has grown. “We…
Estonia’s long-planned express rail linking Tartu and Riga may finally launch around December 15, offering a roughly three and a half hour trip between the two cities. Elron, Estonia’s state-owned passenger rail operator, has been working for years to launch the express route. Originally slated to enter service last year when Tartu was the 2024…
Lithuanian Prime Minister Inga Ruginiene says she has been assured by Latvia and Estonia that they will support Lithuania if necessary in its dispute with Belarus over the border closure. “The Poles have already shown solidarity with us and have not opened their border, even though they planned to do so a week ago,” the…