Latvia’s Freeport of Riga opened the new cruise season on 3 May 2026, Latvijas Avize reports. The port expects to receive altogether 103 cruise liners in 2026, which would be the highest number in the port’s history. The ships would bring no less than 135,000 tourists to Riga, which also would be an all-time record…
Turkey’s ARCA Defense Industry will open an ammunition plant in Estonia’s Ida-Virumaa county, ERR reports. The new factory in Kiviõli will produce various types of ammunition, including artillery ammunition, mortar rounds, rockets, and shells, initially for export only. Estonia’s Defence Ministry said that the facility would begin producing ammunition for the Estonian Defence Forces in…
Estonia ranked highest in the Baltic States on the Reporters Without Borders (RSF) World Press Freedom Index in 2026, BNS reported. Estonia ranked 3rd on the global index of 180 countries and territories surveyed, which was down from 2nd place in 2025. Meanwhile, Lithuania ranked 15th (14th), and Latvia stood in 17th (15th) place. Estonia…
Lithuania’s insurance market totalled EUR 1.73bn in terms of premiums written in 2025, which was up 9.2% from 2024, according to data from the Bank of Lithuania, Baltic News reports. Non-life insurance premiums amounted to EUR 1.339bn (up 10.2%) and life insurance premiums to EUR 391mn (up 5.7%). Insurers paid a total of EUR 927mn…
Estonia’s state-owned postal services provider, Eesti Post (Omniva), generated total revenues of EUR 154.7mn in 2025, which was up EUR 13.3mn (9%) from 2024, ERR reports. Revenue from parcel and courier services amounted to EUR 109.4mn (up 13%), from postal services to EUR 38.6mn (down slightly), and from universal postal services to EUR 7.6mn (down…
Finnish retail group S Group’s supermarket operator, SOK, will sell its 13 Prisma Peremarket hypermarkets in Estonia to local cooperative retailer Coop Eesti for an undisclosed price, ERR reports. Under the deal, the Prisma stores, nine of which are located in Tallinn, will change their name to Coop. The parties expect to complete the transaction…
A court in France has ruled to extradite Russian banker Vladimir Antonov to Lithuania, where he has been found guilty of large-scale fraud, AFP reports. Antonov was detained in western France in December 2025, following a European arrest warrant issued by Lithuania. Antonov’s lawyer, Henry Ermeneux, said that his client would appeal the court ruling,…
The Latvian government is considering a windfall tax on fuel retailers, LETA reports. Under the proposal, fuel retailers would have to pay a solidarity tax if their actual retail price was more than 3% higher than the objectively calculated indicative retail price. Earlier, the government lowered the excise duty on diesel fuel temporarily until 30…
The Latvian government has again suggested that all three Baltic States invest in Latvia’s national airline, airBaltic, ERR reports. Prime Minister Evika Silina argued that the Baltic countries should work together to “coordinate aviation” in the region. She intends to discuss the issue with her Estonian and Lithuanian counterparts. Earlier, the Estonian government rejected Latvia’s…