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…
Latvian municipalities will be able to organise their school networks in accordance with the financing available, Education Minister Anda Caksa stated, LETA reports. Speaking in an interview with TV3, Caksa said that any school closures were for the municipalities to decide. Under the Education Ministry’s proposal, schools in cities will have to have at least…
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…
The Baltic electricity transmission system operators have signed an agreement on the synchronisation of the Baltic power grids with the continental European system, The Baltic Times reports. Under the agreement, Estonia’s Elering, Latvia’s Augstsprieguma Tikls (AST), and Lithuania’s Litgrid will disconnect from the Russian-controlled BRELL system and connect to the continental European grid in February…
Lithuania’s Foreign Ministry will provide premises at the Lithuanian embassy in Kyiv for Iceland’s ambassador to Ukraine, BNS reports. Iceland’s Foreign Minister, Thordis Kolbrún, expressed gratitude for the cooperation. Iceland’s embassy to Ukraine is currently based in Polish capital Warsaw.
An increasing number of Lithuanian emigrants are considering going back, according to a poll carried out by the Employment Service (UzT) in May 2023, LRT reports. The survey showed that 55.1% of respondents would like to return to Lithuania, which is 14.6 percentage points higher than in 2020. The majority of those who wish to…
Police in Estonia’s capital, Tallinn, briefly detained Ukrainian journalist Arkady Babchenko after he threw eggs at the Russian embassy in Tallinn’s Old Town, ERR reports. Babchenko told Postimees that he threw four eggs at the embassy building, and that the motive “should be obvious.” Such a reaction to Russian aggression in Ukraine was natural, he…
Estonia’s state-owned airline, Nordic Aviation Group (Nordica), generated a consolidated turnover of EUR 54.9mn in the first half of 2023, ERR reports. The group suffered a net loss of EUR 7.2mn. David O’Brock, chairman of Nordica’s supervisory board, noted that the situation in the aviation market was complicated, with late deliveries of leased aircraft, short…
Latvian ministries and other institutions have submitted proposals for priority budget measures worth EUR 1.983bn for 2024, according to the Ministry of Finance, LETA reports. Finance Minister Arvils Aseradens said that funding requests were EUR 250mn lower than in 2023. The largest requests were for teacher wages, health care, and defence. Other requests included covering…