Estonia’s state-owned postal services provider, Eesti Post (Omniva), generated total revenues of EUR 154.7mn in 2025, which was up EUR 13.3mn (9%) from 2024, ERR reports. Revenue from parcel and courier services amounted to EUR 109.4mn (up 13%), from postal services to EUR 38.6mn (down slightly), and from universal postal services to EUR 7.6mn (down…
Finnish retail group S Group’s supermarket operator, SOK, will sell its 13 Prisma Peremarket hypermarkets in Estonia to local cooperative retailer Coop Eesti for an undisclosed price, ERR reports. Under the deal, the Prisma stores, nine of which are located in Tallinn, will change their name to Coop. The parties expect to complete the transaction…
A court in France has ruled to extradite Russian banker Vladimir Antonov to Lithuania, where he has been found guilty of large-scale fraud, AFP reports. Antonov was detained in western France in December 2025, following a European arrest warrant issued by Lithuania. Antonov’s lawyer, Henry Ermeneux, said that his client would appeal the court ruling,…
The Latvian government is considering a windfall tax on fuel retailers, LETA reports. Under the proposal, fuel retailers would have to pay a solidarity tax if their actual retail price was more than 3% higher than the objectively calculated indicative retail price. Earlier, the government lowered the excise duty on diesel fuel temporarily until 30…
The Latvian government has again suggested that all three Baltic States invest in Latvia’s national airline, airBaltic, ERR reports. Prime Minister Evika Silina argued that the Baltic countries should work together to “coordinate aviation” in the region. She intends to discuss the issue with her Estonian and Lithuanian counterparts. Earlier, the Estonian government rejected Latvia’s…
Estonia’s central bank, the Bank of Estonia, has recommended that residents keep about a week’s worth of cash at home, ERR reports. Rainer Olt, head of payment and settlement systems at the Bank of Estonia, stressed that cash reserves were necessary in case of disruptions to electronic payment systems. Around 8% of Estonians prefer to…
Lithuanian President Gitanas Nauseda has proposed a draft law that would allow the government to set maximum consumer prices on petrol and diesel fuel by decree, ELTA reports. Under the law, the Energy Ministry would calculate and proclaim the daily fuel price cap under a specific formula. Retailers failing to comply with the price cap…
The Latvian parliament, the Saeima, has extended a ban on the import of agricultural and animal feed products from Russia and Belarus until 1 July 2027, LSM reports. Latvia banned the import of certain agricultural products from the two aggressor states in March 2024. The ban applies to products originating from Russia or Belarus that…
Estonia’s Finance Ministry has drafted legislative amendments that would grant the Financial Intelligence Unit (FIU) explicit authority to access banking data to combat money laundering, ERR reports. Under the law, banks would not be allowed to inform clients about such inquiries. Earlier, following criticism from Chancellor of Justice Ülle Madise, Justice Minister Liisa Pakosta restricted…