Lithuania recorded the largest increase in net electricity generation in the EU over 2013-2023, according to data from Eurostat, LSM reports. Lithuania’s net electricity production rose by 28.2% in the ten-year period. Latvia recorded a slight increase in electricity generation as well. Meanwhile, Estonia’s electricity generation decreased by as much as 58.5% over the same…
Swedish-owned IKEA Group has received permission from the Estonian Competition Authority (Konkurentsiamet) to acquire 18,000 hectares of forest from Swedish-owned Södra Forest Estonia, ERR reports. Under the deal, IKEA Group’s subsidiary, Ingka Investments, will buy Södra’s forests in Estonia and Latvia for EUR 720mn. Latvia’s Competition Council has received notification of the deal. Södra owns…
Estonia’s state-owned postal services provider, Omniva (Eesti Post), plans to nearly halve the number of post offices nationwide in 2026, ERR reports. The company will cut the number of post offices from current 35 to 19. Omniva will continue to have at least one post office in each of Estonia’s 15 counties. Also, the company…
Estonia’s opposition party, national conservative Fatherland (Isamaa), remained the country’s most popular political party in November 2025, according to Norstat’s poll for the Institute for Societal Research (YI), ERR reports. The poll showed that 29.1% of eligible voters now support Fatherland, followed by the opposition left-of-centre Estonian Centre Party (Keskerakond) with 20.9%, the far-right Conservative People’s…
Estonia’s harmonised index of consumer prices (HICP) rose by 4.7% on year in November 2025, according to Statistics Estonia’s flash estimate, ERR reports. Compared to October 2025, the HICP fell by 0.5%, however. Lenno Uusküla, chief economist at Luminor Bank, expects the pace of inflation to continue slowing down in December 2025, as import prices…
The city council of Estonia’s second-largest city, Tartu, has elected Tõnis Lukas of the national conservative Fatherland (Isamaa) party as its chairman, ERR reports. At the same time, the city council elected Raimond Tamm of the liberal Estonian Reform Party as deputy chairman. Reform’s Urmas Klaas will continue to serve as the city’s mayor. Fatherland…
Estonia, Latvia, Lithuania, and Denmark have signed a cooperation agreement to begin joint medicine purchases, ERR reports. The Estonian Ministry of Social Affairs said that the agreement would allow the countries to order larger quantities of medicines, helping obtain lower prices and more reliable terms of delivery. The ministry noted that new medicines usually arrive…
The city council of Estonia’s capital, Tallinn, has elected Mihhail Kõlvart, chairman of the Estonian Centre Party (Keskerakond), as its new speaker, ERR reports. Kõlvart served as city council speaker in 2017-2019 and as city mayor in 2019-2024. Earlier, the Centre Party signed a four-year coalition agreement with national conservative party Fatherland (Isamaa). Under the…
Estonia’s GDP totalled EUR 10.5bn at current prices in the third quarter of 2025, which was up 0.9% from the same period of 2024, according to data from Statistics Estonia, ERR reported. Compared to the second quarter of 2025, seasonally and working-day adjusted GDP rose by 0.4%. Value added in the energy sector rose by…