Estonia’s state-owned port operator, Port of Tallinn (Tallinna Sadam), generated sales revenue of EUR 57mn in the first half of 2023, which was almost unchanged from a year earlier, ERR reports. The port’s adjusted EBITDA fell by 12% from a year earlier. Net profit stood at EUR 7mn, which was down 42% over a year….
Latvia’s national air carrier, airBaltic, posted the highest ever revenue and profit in the company’s history in the first half of 2023, LSM reports. The company’s six-month revenue totalled EUR 291mn, which was up 52% from a year earlier. Net profit amounted to EUR 14.6mn, which was up sharply from a net loss of EUR…
The state budget control select committee of Estonia’s parliament, the Riigikogu, held an extraordinary session on 8 August 2023 to discuss a controversy over alleged “horse trading” by the Office of the President, ERR reports. Earlier, presidential adviser Toomas Sildam had an informal discussion with Merike Saks, secretary general of the Ministry of Finance, in…
Latvia’s Prime Minister Krisjanis Karins (New Unity) has proposed a reshuffle of key ministerial posts in his three-party coalition government, LETA reports. Karins proposed that National Alliance MP Rihards Kols become foreign minister and that the United List take over the Ministry of Economy and New Unity the Ministry of Environmental Protection and Regional Development….
Estonia’s goods exports totalled EUR 4.8bn in the second quarter of 2023, which was down 11% from the same period of 2022, according to Statistics Estonia’s data, ERR reports. Imports totalled EUR 5.6bn, which was down 15% over a year. Estonia’s trade deficit thus stood at EUR 802mn, which was down by EUR 329mn from…
Lithuania’s State Border Guard Service (VSAT) will deploy more officers to the country’s border with Belarus in response to the threat posed by the presence of Russian private military company Wagner Group’s mercenaries in Belarus, BNS reports. VSAT commander Rustamas Liubajevas refused to disclose how many additional officers would be deployed to the border, however….
Lithuania’s Minister of Transport and Communications, Marius Skuodis, has appointed Simonas Bartkus as the new CEO of the state-owned airport operator, Lietuvos Oro Uostai (Lithuanian Airports, LTOU), as of 16 August 2023. LTOU’s previous CEO, Marius Gelzinis, resigned in June 2022. Bartkus has 10 years of management experience in the aviation and transport sectors. LTOU…
Latvia’s government has appointed Major General Andis Dilans as the new Chief of the Joint Staff of the Latvian National Armed Forces (NBS) as of 1 November 2023, Baltic News Network reports. He will replace Major General Imants Ziedins, who will continue his military career in the Ministry of Defence. Dilans has been serving in…
Latvia’s ruling New Unity party retained its lead in opinion polls in July 2023, according to the latest SKDS survey, LSM reports. New Unity had the support of 12.6% of respondents, which was up from 11.5% in June 2023. The Union of Greens and Farmers (ZZS) came in second with 8.0% support (7.5%), followed by…