Category: Business

Lithuania: Achema fertiliser plant may begin producing explosives

Via BalticaApril 1, 202501 mins

The Lithuanian fertiliser producer, Achema, may begin producing explosives, Lithuanian Prime Minister Gintautas Paluckas announced, BNS reports. He was speaking after a meeting with representatives of Achema’s management. Earlier, Vidmantas Janulevicius, president of the Lithuanian Confederation of Industrialists (LPK), suggested converting some of the country’s large chemical plants to the production of explosives. Achema announced…

Estonia: Ryanair cancels summer flights from Tallinn to six destinations

Via BalticaApril 1, 2025April 1, 202501 mins

Irish low-cost air carrier Ryanair has cancelled flights from the Estonian capital, Tallinn, to six destinations for the period from April to October 2025, BNS reports. During the summer season, the airline will not fly from Tallinn to Billund, Bergamo, Paphos, Rome, Treviso, and Vienna. Ryanair will continue to fly from Tallinn to Milan, however….

Lithuania: WTO again suspends case over China’s sanctions on Lithuania

Via BalticaFebruary 2, 202501 mins

The World Trade Organization (WTO) has again suspended the case over China’s trade restrictions on Lithuania, following a second request from the European Commission (EC), BNS reports. Apparently, EC lawyers have failed to find sufficient proof of Chinese restrictions on Lithuanian goods. The case may now be halted for a year and then terminated if…

Estonia: Telecom providers report drop in revenues in 2024

Via BalticaFebruary 1, 202501 mins

The combined revenues of Estonia’s three largest telecommunications service providers dropped to around EUR 671mn in 2024, ERR reports. Estonia’s leading telecommunications company, Swedish-owned Telia, reported an annual turnover of EUR 359.7mn, which was down 0.4% from 2023. Finnish-owned Elisa’s turnover fell by 1.2% to EUR 223mn in 2024. Swedish-owned TELE2’s turnover amounted to an…

Latvia: Lufthansa to buy 10% of airBaltic for EUR 14mn

Via BalticaFebruary 1, 202501 mins

German aviation group Lufthansa Group will become a strategic investor in Latvia’s national air carrier, airBaltic, LSM reports. Under the deal, Lufthansa will acquire 10% of shares in airBaltic for EUR 14mn. The group plans to close the deal in the second quarter of 2025, subject to regulatory approval. The shares will be converted into…

Latvia: PM lists four policy priorities in 2025

Via BalticaJanuary 9, 202501 mins

The four policy priorities of Latvia’s coalition government in 2025 are “security, support for families, economic growth, and reducing bureaucracy,” Prime Minister Evika Silina announced, LSM reports. She will begin individual meetings with ministers to discuss the priorities, according to LETA. Silina said that national security remained the government’s most pressing priority, highlighting the need…

Estonia: Elron to open Tartu-Riga train connection in summer 2025

Via BalticaJanuary 9, 202501 mins

Estonia’s state-owned passenger train operator, Eesti Liinirongid (Elron), plans to open a direct train connection between Tartu in southern Estonia and the Latvian capital, Riga, in summer 2025, BNS reports. Elron will soon begin test runs between Valga and Riga. CEO Lauri Betlem said that the authorisation of trains in Latvia had taken much longer…

Estonia: Port of Tallinn’s cargo, passenger volumes up in 2024

Via BalticaJanuary 9, 202501 mins

The cargo turnover of Estonia’s Port of Tallinn totalled over 13mn tonnes in 2024, which was up 4.4% from 2023, ERR reports. The port operator served over 8mn passengers in 2024, which was 3.6% more than a year earlier. The number of passengers on Estonia’s island ferries rose by 2.1% over a year. Port of…

Baltic: Nordic, Baltic foreign ministers pledge support for Moldova

Via BalticaJanuary 8, 2025January 8, 202501 mins

Nordic and Baltic foreign ministers have agreed to help step up international support for Moldova after Russia’s state-owned energy corporation, Gazprom, stopped gas supplies to the country, ERR reports. In a joint statement, the eight ministers said that they would work with the European Commission and other key partners to help Moldova. The ministers said…

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Lithuania: Vilnius to hold ceremony for dead US soldiers

Latvia: Relations with US “deep, positive”: Foreign Minister

Estonia: Annual inflation may exceed 6% in 2025: analysts

Lithuania: Achema fertiliser plant may begin producing explosives

Latvia: President proposes easier procedure for public referendums

Estonia: Ryanair cancels summer flights from Tallinn to six destinations

Business

Lithuania: Achema fertiliser plant may begin producing explosives

Estonia: Ryanair cancels summer flights from Tallinn to six destinations

Lithuania: WTO again suspends case over China’s sanctions on Lithuania

Estonia: Telecom providers report drop in revenues in 2024

Latvia: Lufthansa to buy 10% of airBaltic for EUR 14mn

Latvia: PM lists four policy priorities in 2025

Estonia: Elron to open Tartu-Riga train connection in summer 2025

Estonia: Port of Tallinn’s cargo, passenger volumes up in 2024

Baltic: Nordic, Baltic foreign ministers pledge support for Moldova