Latvia’s state-owned Eiropas Dzelzcela Linijas (EDZL) has awarded a contract to build the Rail Baltica railway in Latvia to the European joint venture, ERB Rail Baltica, for EUR 3.7mn, LSM reports. ERB Rail Baltica was established by France’s Eiffage Génie Civil, Italy’s Rizzani de Eccher, and Poland’s Budimex. EDZL’s procurement commission excluded Türkiye’s IC Ictas…
The Estonian government has agreed on the state budget for 2024, Prime Minister Kaja Kallas announced, ERR reports. Under the agreement, the government will introduce no new taxes in addition to ones implemented earlier. The government will not impose a new tax on commercial banks, which will instead pay more taxable dividends. Also, the government…
The network of public electric vehicle (EV) charging stations is growing rapidly in the Baltic States, ERR reports. Estonia has 0.57 EV charging stations, Latvia 2.38 stations, and Lithuania 0.93 stations for every 10 EVs registered. The total number of charging stations amounts to 311 in Estonia, 532 in Latvia, and 1,018 in Lithuania. Meanwhile,…
Latvia’s state-owned airline, airBaltic, will open flights on several new routes from the Baltic States and Finland in winter 2023/2024 and summer 2024. The company will open flights from the Lithuanian capital, Vilnius, to Gran Canaria and Tenerife in Spain, Turin in Italy, and Dubai in the UAE in October 2023, LRT reports. In summer…
UNESCO’s World Heritage Committee has added the old town of the western Latvian city of Kuldiga and the modernist architecture of Lithuania’s second-largest city, Kaunas, to the list of World Heritage Sites. Kuldiga sought the designation for more than 20 years, LSM reported. Parts of the city’s historical centre date back to the 13th century….
Average housing prices in Latvia rose by 5.6% in the second quarter of 2023, compared to the same period of 2022, according to the Central Statistical Bureau’s provisional data, LSM reports. Prices of newly-built housing increased by 15.0% and old housing by 3.2% over a year. Compared to the first quarter of 2023, housing prices…
Around 40 people have left the Estonian Centre Party (Keskerakond) after the election of Tallinn mayor Mihhail Kõlvart as the party’s new chairman, ERR reports. The number of resignations may increase later. The Centre Party has over 13,000 registered members. The high-profile people who have left the party include former Tartu mayor and minister Jaan…
Lithuania’s ruling coalition parties have collected signatures for the impeachment of unaffiliated MP Remigijus Zemaitaitis for his repeated antisemitic statements, BNS reports. The motion to impeach was signed by 36 MPs. Earlier, Zemaitaitis blamed Jews for the deportations and killings of Lithuanians during the Second World War. Also, he expressed anger at Prime Minister Ingrida…
Latvian banks made a total profit of EUR 350.312mn in the first half of 2023, which was up 2.6 times from EUR 132.526mn in the corresponding period of 2022, according to data from the Bank of Latvia, LETA reports. The banking sector’s overall profit for the first six months of 2023 was higher than for…