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…
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…