Nearly half of small and medium-sized enterprises (SMEs) in Estonia regard the country’s economic climate as being negative, according to a Turu-Uuringute poll for loan comparison platform Sortter, BNS reports. The survey showed that 46% of local entrepreneurs saw the economic climate as negative in August 2024. The main perceived challenges included operating costs (57%)…
Lithuania’s International Transport and Logistics Alliance (TTLA) has joined the International Road Transport Union (IRU). TTLA’s secretary general, Povilas Drizas, said that membership of IRU allowed the organisation to better represent the interests of Lithuanian road freight operators. TTLA represents 25 of Lithuania’s largest transport and logistics companies, which handle around 80% of all road…
Lithuanian President Gitanas Nauseda has proposed establishing a new ministry responsible for regional policy, BNS reports. Speaking at a forum of regional policymakers in Vilnius, Nauseda said that the new ministry would help increase the autonomy of local governments and coordination between different ministries. He suggested that the new ministry could take over functions from…
Ukraine’s ambassador to Latvia, Anatolii Kutsevol, has asked the Latvian parliament, the Saeima, to pass a law to ban twin town agreements between Latvian municipalities and local governments in Russia and Belarus, LSM reports. In a letter to the parliament’s committee on public administration and local government, Kutsevol argued that such forms of cooperation were…
Latvia’s Central Election Commission (CVK) has proposed introducing new paper ballots for the municipal elections in summer 2025, LSM reports. The State Regional Development Agency (VRAA), which is in charge of the country’s voting system, notes that the existing paper ballots can be confusing for voters. CVK said that the new ballots would be simpler…
Estonia has opened a new military base in the village of Juba, near the southern Estonian town of Võru, ERR reports. The Reedo army base has 14 buildings that can accommodate up to 1,000 Estonian and NATO military personnel. The base is a mustering zone where allied troops can prepare for combat. The construction costs…
The municipal public transport company of the Estonian capital, Tallinn, Tallinna Linnatransport (TLT), will temporarily replace all trolleybuses due to the poor condition of the fleet, ERR reports. TLT will replace the trolleybuses on all four routes with buses as of 1 November 2024. The company plans to procure new trolleybuses and electric buses. The…
The financial regulatory authorities of the eight Nordic and Baltic countries have conducted a financial crisis simulation exercise under the Nordic Baltic Stability Group framework, ERR reports. The exercise was aimed at testing preparedness for a potential crisis situation, including in communication, information sharing, and collaboration between the authorities. Around 450 participants representing Nordic, Baltic,…
The German IT service company, DATAGROUP, has established a Lithuanian subsidiary, DATAGROUP Operations Lithuania, BNS reports. The company plans to hire up to 30 people to its new office in Kaunas by the end of 2024 and later increase the headcount to 50. The office will focus on AI, cyber security, and IT architecture and…