The Estonian company, Biometaan, has signed an agreement with Finland’s Convion to start selling mobile power plants running on fuel cells in the Baltic States, ERR reports. The solid oxide fuel cell power plant will generate energy from biomethane produced from cow slurry at the Mangeni PM dairy farm in the village of Koksvere in…
Lithuanian beer producer Kalnapilio-Tauro Grupe (Kalnapilis-Tauras Group) suffered a loss of EUR 726,000 in 2022, primarily due to the war in Ukraine and other factors, Baltic News Network reports. In 2021, the group made a net profit of EUR 1.6mn. The group’s annual revenue totalled EUR 81mn in 2022, which was up 15% from EUR…
Latvia’s State Police have initiated proceedings against the Ventspils-based oil product terminal operator, Ventbunkers, seizing documents, LTV’s Panorama programme reports. Aivars Gobins, board chairman of Ventbunkers, said that the police action was related to a case that has been under investigation for five years and the statute of limitations for which was coming to an…
The construction cost of the East Highway in the Latvian capital, Riga, may increase by more than EUR 8mn, the Riga city council estimated, LETA reports. The city council considered changes to the project’s implementation, which also envisage an increase in funding. The city signed a contract for the first stage of the construction project…
All new beverages sold in Latvia will have to be marked with a Latvian deposit mark as of 1 July 2023, DELFI reports. Beverage producers and retailers had a transition period from 1 January to 30 June 2023 to allow them to adjust to the new rules. Miks Sturitis, board chairman of the deposit system…
New electricity distribution tariffs came into force in Latvia on 1 July 2023, LSM reports. Ahead of the change, distribution system operator Sadales Tikls (ST) urged consumers to change the tariff plan for facilities with low electricity consumption. However, ST’s client portal was unavailable due to technical maintenance on 29-30 June 2023. ST said that…
Estonia’s passenger train operator, Elron, began operating Swiss rolling stock manufacturer Stadler’s FLIRT electric trains ten years ago on 1 July 2013, ERR reports. In ten years, the trains have carried more than 66 million passengers. In 2013, train passenger numbers were at an all-time low of 4.2 million journeys. Elron will receive 16 new…
Estonia’s Prisma Peremarket will change the opening hours of its hypermarket in Narva as of 3 July 2023, ERR reports. The store, which has been open 24 hours a day for four years, will henceforth be open from 7am to midnight. Regional manager Viktoria Smirnova said that there were very few customers at night. Also,…
Lithuania’s state-owned energy group, Ignitis Grupe, will invest EUR 25mn in energy and climate change startups over ten years through Germany’s World Fund, Baltic News Network reports. The group has signed an investment management agreement with WF World Fund Management. Earlier, Ignitis Grupe announced that World Fund would manage the group’s second venture capital fund….