Czech company Rekola Bikesharing will launch a bikesharing service in the Estonian capital, Tallinn, at the end of August 2024, ERR reports. The company will have 200 bicycles available. Currently, Rekola’s bikesharing service operates in seven cities in the Czech Republic and Slovakia.
Estonian car-sharing company Elmo and Swedish charging solutions provider Elonroad have opened the world’s first fully automatic charging station for teledriven cars in Tallinn, BNS reports. The stations will allow Elmo to minimise charging interruptions and reduce labour costs. Teledriving technology enables controlling vehicles remotely.
The Investment and Development Agency of Latvia (LIAA) attracted 28 foreign investment projects in the first half of 2024, LSM reported. The projects will bring investments of EUR 263mn and create 1,245 new jobs. Altogether 13 of the projects are in Riga, 9 in Kurzeme, 3 in Latgale, 2 in Vidzeme, and 1 in Zemgale….
Estonia’s ruling coalition parties have agreed to boost Estonia’s economic competitiveness by developing new industries and focusing on nationwide development, ERR reports. The three parties aim to reduce bureaucracy and use EU funds and CO2 money for industrial growth. The coalition plans to distribute subsidies for large investments across Estonia to raise wages and improve…
The budget and finance committee of the Lithuanian parliament, the Seimas, has approved a proposal to link state budget funding for the public broadcaster, Lithuanian National Radio and Television (LRT), to GDP growth as of 2026, BNS reports. Under the plan, LRT would continue to receive 1% of government income tax revenue and 1.3% of…
Latvia’s state-owned postal services provider, Latvijas Pasts, has submitted a new tariff plan for universal postal services to the Public Utilities Commission (SPRK), LETA reports. The company plans to raise tariffs on the domestic delivery of letters, parcels, and press publications as well as for cross-border postal services as of 2025. Latvijas Pasts said that…
The Latvian government made a decision in 2015 to include international railway stations at Riga Central Station and Riga International Airport (RIX) in the Rail Baltica project, according to the Ministry of Transport, LETA reports. The then government approved a plan to build the project’s most complex objects first so that they would be available…
Lithuania has the biggest installed capacity of wind energy in the Baltic States, according to Toms Naburgs, managing director of the Latvian Wind Energy Association (LVEA), LSM reports. Lithuania has 1,400 MW of installed wind turbines, compared to 400 MW in Estonia and just 140 MW in Latvia. Moreover, Lithuania is building and planning even…
Latvia’s State Revenue Service (VID) is implementing changes to make the institution more customer-friendly towards both residents and businesses, Prime Minister Evika Silina stated, Baltic News Network reports. Speaking after a meeting with VID director general Baiba Smite-Roke, Silina said that VID should become more efficient by reducing tax administration costs. VID plans to develop…