Latvia and Lithuania were among the largest exporters of beer to Russia in 2023, LRT reported, citing Russian news agency RIA Novosti. According to the report, the value of Lithuania’s beer exports to Russia amounted to USD 36.5mn in 2023, which was up by 1.9 times from 2022, accounting for just over 15% of Russia’s…
Estonia’s Consumer Protection and Technical Regulatory Authority (TTJA) received over 4,000 consumer complaints in 2023, which was up from a little over 3,500 in 2022, ERR reported. Of all consumer disputes, over 900 related to leaving contractual agreements and 500 to damage. More than 50% of complaints related to purchases of furniture (around 300), health…
The number of traffic insurance cases registered in Estonia totalled 34,300 in 2023, which was almost unchanged from 2022, according to data from the Estonian Motor Insurance Bureau (LKF), ERR reports. The total volume of damages paid amounted to EUR 72mn, which was up 3% over a year. The average damage per case stood at…
Lithuanian tour operator Novaturas Group’s total revenue amounted to EUR 208mn in 2023, which was up 6% from EUR 197mn in 2022, GlobeNewswire reported. The group served around 259,000 customers in 2023, which was down from 267,000 a year earlier. Novaturas Group appointed Kristijonas Kaikaris as its new CEO in December 2023. Prior to his…
Latvia’s national air carrer, airBaltic, could offer direct flights from Lithuania to distant destinations, Simonas Bartkus, CEO of Lithuania’s airport operator, Lietuvos Oro Uostai (LTOU), suggested, BNS reports. Speaking in an interview with Ziniu Radijas, Bartkus said that airBaltic could offer flights to more distant destinations that are important for business travel. Also, airBaltic could…
The number of new layoffs in Estonia totalled 3,500 in 2023, which was 22% more than in 2022, according to data from the Estonian Unemployment Insurance Fund (Töötukassa), ERR reports. Around a third of those laid off were formerly employed in the manufacturing and another third in transport and storage. The biggest number of layoffs…
The Estonian state should consider buying a stake in Latvia’s national air carrier, airBaltic, Riivo Tuvike, CEO of Tallinn Airport, suggested, ERR reports. He argued that this would push airBaltic towards expanding operations at Tallinn Airport, where it is the market leader. Tuvike pointed out that Estonia was a “peripheral country,” saying that state support…
Estonian media group Ekspress Grupp will stop publishing its daily newspaper, Eesti Päevaleht, in print as of April 2024, ERR reports. Ekspress Grupp said that the move was due to changes in consumer behaviour. Eesti Pävaleht will continue as a digital publication under the DELFI news portal’s opinion, culture, and weekend sections. Eesti Päevaleht’s print…
Lithuania’s state-owned oil and gas terminal operator, Klaipedos Nafta, has changed its name to KN Energies, GlobeNewswire reports. The company will continue to use the KN brand, however. At the same time, Klaipedos Nafta’s subsidiary, SGD Logistika, changed its name to KN Global Terminals. KN Energies announced that it would focus on liquid and alternative…