The Lithuanian government has allocated EUR 276mn from borrowed funds for military mobility and infrastructure projects in 2023, BNS reports. Finance Minister Gintare Skaiste said that the Defence Ministry would invest EUR 148mn and the Ministry of Transport and Communications another EUR 128mn in the first year of the investment programme. Total investments in military…
Estonia’s Ministry of Climate has drawn up an updated national energy and climate plan that includes more ambitious renewable energy and climate neutrality targets, ERR reports. Under the plan, Estonia would produce all power from renewable energy sources by 2030 and be completely climate neutral by 2050. Climate Minister Kristen Michal asserted that the plan…
Traffic disruptions caused by major road reconstruction projects in Estonia’s capital, Tallinn, will begin to subside in September 2023, deputy mayor Vladimir Svet assures, ERR reports. Construction companies KE Infra and Merko Ehitus say that the work is proceeding on schedule. Streets have been closed in several of the busiest parts of the city, hampering…
Estonia’s producer price index (PPI) of industrial output fell by 1.9% on year in June 2023, according to Statistics Estonia, ERR reports. Compared to May 2023, the PPI dropped by 0.4%. The biggest impact on the index came from a fall in the price of electricity production and in the manufacture of wood products and…
Construction work has begun on a new bridge in the centre of the Estonian seaside city of Pärnu, ERR reports. The 270-metre-long bridge will connect the city’s Lai Street on the southern bank of Pärnu River with Raba Street on the northern bank. The general contractor on the project is INF Infra, which is part…
The Estonian Business School (EBS) has obtained a planning permit for the construction of a new campus in central Tallinn, ERR reports. EBS will begin building the 44,000 m2 campus on Tallinn’s Ants Lauteri Street in the second half of 2023. The campus will include a 30-storey office tower, catering facilities, a sports centre, and…
A 100-kilogramme aerial bomb was found during excavation work at an intersection in Estonia’s second-largest city, Tartu, on 4 July 2023, BNS reports. Explosive ordnance disposal (EOD) experts were dispatched to remove the bomb in the city’s Raadi neighbourhood. The bomb will be destroyed at the training grounds of the Estonian Defence Forces in Ida-Virumaa…
Swedish telecommunications technology company Ericsson plans to build a new manufacturing and technology facility in Estonia’s capital city of Tallinn, ERR reports. The company will invest EUR 155mn in the production centre in Tallinn’s Ülemiste City business park. Construction work is due to be completed by 2026. The facility will house testing laboratories, production lines,…
The Estonian property developer, Estera Saue, plans to build a new residential area in Saue municipality, on the outskirts of Tallinn, ERR reports. The housing project will consist of over 1,000 apartments primarily targeted at young families. The project will include a mix of apartment buildings, terraced houses, private houses, and commercial premises. Amenities such…