The Estonian government has agreed to privatise the state-owned postal services company, Omniva (Eesti Post), through a public auction, ERR reports. Sigrid Soomlais, undersecretary for regional development at the Ministry of Regional Affairs and Agriculture, said that the main reasons for the decision to sell off the company were the changed market situation and the…
Lithuania has proposed an action plan to attract more investments from Taiwan, the Foreign Ministry announced, BNS reports. The plan, which remains a “working draft,” outlines priority sectors and potential projects with a focus on developing Lithuania’s high-tech sector, the ministry said. Asta Skaisgiryte, foreign policy adviser to President Gitanas Nauseda, said that Lithuania could…
The Latvian government has proposed granting a short-term loan of EUR 30mn to the national air carrier, airBaltic, due to the rapid rise in fuel prices, LSM reports. Speaking in an interview with LTV, Prime Minister Evika Silina admitted that the company may need more state support later, however. Earlier, airBaltic estimated that it would…
Estonia’s bankrupt state-owned airline, Nordica, has shut down operations after the sale of all its leased aircraft to US-based Regional One, ERR reports. Nordica’s last jet, a Bombardier CRJ-900NG, took off from Tallinn Airport on 31 March 2026. The planes had been leased to Nordica’s subsidiary, Regional Jet (Xfly), which has filed for bankruptcy as…
Companies in the Baltic States issued an all-time record of EUR 6.68bn in bonds in 2025, which was an increase of more than double from 2024, The Baltic Times reported. The volume of local bonds issued totalled EUR 1.37bn, which was up 42% over a year. The number of Baltic companies issuing bonds reached a…
Corruption remained considerably lower in Estonia than in Latvia and Lithuania in 2025, according to Transparency International’s Corruption Perceptions Index, ERR reports. Estonia ranked 12th on the index, which was up from 13th place in 2024, BNS reported. Meanwhile, Lithuania came in on 28th (32nd) and Latvia on 37th (38th) place, LSM reported. Estonia scored 76…
Lithuanian officials have been making public statements recently suggesting a possible rapprochement in relations with neighbouring Belarus, only to retract their remarks afterwards, LRT reports. Observers say that the comments may be an attempt to test whether Lithuanian public opinion on Belarus is changing. Officials have suggested opening talks with Belarus and easing sanctions imposed…
State-owned and municipal companies in Latvia involved in building or maintaining critical infrastructure have begun dismissing Russian and Belarusian citizens, LETA reports. Under amendments to the law on national security, Russian and Belarusian citizens may not be employed in jobs with access to critical infrastructure. Latvian capital Riga’s municipal water utility, Rigas Udens, has terminated…
Latvia’s Corruption Prevention and Combating Bureau (KNAB) has questioned more than 60 people as part of a criminal investigation into the implementation of the Rail Baltica railway project, LETA reports. The Prosecutor General’s Office initiated criminal proceedings over possible unlawful actions by officials responsible for the project back in December 2024. The officials, including politicians,…