The volume of beer produced in the Baltic States declined in 2022, according to data published by Eurostat, LSM reports. Lithuanian breweries produced a total of 329 million litres of beer in 2022, which was down from 334 million litres in 2021. Beer production in Estonia amounted to 134 (145) million litres and in Latvia…
Estonia’s consumer price index (CPI) rose by 6.4% on year in July 2023, according to data from Statistics Estonia, ERR reports. Prices of goods rose by 8.1% and services by 3.1%. The increase in food and non-alcoholic beverage prices accounted for more than half of the total rise in consumer prices. At the same time,…
The Lithuanian parcel locker operator, Omniva LT, has started the construction of a parcel sorting terminal in the Kaunas Free Economic Zone, Baltic News Network reports. The company plans to invest over EUR 40mn in the facility and sorting technology. Omniva LT expects construction to be completed in the second quarter of 2024. The terminal will…
Latvia’s national air carrier, airBaltic, has no plans to buy Estonian airline Nordica, ERR reports. Martin Gauss, CEO of airBaltic, said that the company’s business plan did not foresee any acquisitions. Moreover, the terms of EU aid to the airline did not allow the company to acquire other airlines, he pointed out. Gauss said that…
The chairmen of the foreign affairs committees of the Baltic parliaments — Marko Mihkelson from Estonia, Rihards Kols from Latvia, and Zygimantas Pavilionis from Lithuania — will pay a joint visit to Taiwan, ERR reports. They will meet with Taiwanese President Tsai Ing-wen, Legislative Yuan president You Si-kun, Prime Minister Chen Chien-jen, Foreign Minister Joseph…
The prime ministers of the three Baltic States have signed a joint declaration to speed up the synchronisation of the Baltic power grids with the continental European network, ERR reports. Estonian Prime Minister Kaja Kallas said that the Baltic States would disconnect from the Russian-controlled BRELL system as soon as it was technically possible. She…
Estonian media reported that the Office of the President has made the promulgation of legislation passed by the parliament, the Riigikogu, contingent on the government agreeing to allocate additional funding, ERR reports. An anonymous minister told Postimees that Peep Jahilo, head of the Office of the President, requested an additional EUR 360,000 of funding from government…
Estonia’s state-owned energy group, Eesti Energia, reported sales revenue of EUR 416.1mn in the second quarter of 2023, which was almost unchanged from EUR 416.6mn a year earlier. Revenue outside Estonia accounted for 63% of total sales. The group’s quarterly adjusted EBITDA stood at EUR 115.7mn (up 45.0%) and adjusted net profit at EUR 50.6mn…
Spain has taken over NATO’s Baltic air policing mission from the UK’s Royal Air Force, BNS reports. RAF handed over responsibility for the mission to the Spanish Air and Space Force (EA) contingent at the Ämari Air Base in Estonia. EA will patrol the Baltic air space using Eurofighter Typhoon fighter jets. EA has participated…