Estonia, Latvia, Lithuania, and Denmark have signed a cooperation agreement to begin joint medicine purchases, ERR reports. The Estonian Ministry of Social Affairs said that the agreement would allow the countries to order larger quantities of medicines, helping obtain lower prices and more reliable terms of delivery. The ministry noted that new medicines usually arrive…
Foreign-registered ships made altogether 2,741 visits at Latvian ports in the first half of 2025, which was down 7.1% from 2,949 visits in the same period of 2024, according to data from the Maritime Administration of Latvia (LJA), LETA reports. Foreign ships entered the Freeport of Riga 1,293 times, the Port of Liepaja 616 times,…
Lithuania is “not taking either side” in the dispute over Greenland’s sovereignty, Foreign Minister Kestutis Budrys stated, BNS reports. Earlier, US President Donald Trump threatened to take control of the island by force. Greenland is an autonomous territory of Denmark. Budrys noted that Lithuania, Denmark, and the US were “all allies, bound by both long-standing…
Latvia’s national airline, airBaltic, has announced that it will cancel flights on 19 routes and reduce flights on 21 routes in summer 2025 due to engine maintenance, LSM reports. The company will cancel flights from Riga to Aberdeen, Belgrade, Cluj-Napoca, Gothenburg, Mykonos, Pristina, Rzeszów, Skopje, Stavanger, and Yerevan. Also, the company will cancel flights from…
Estonia’s state-owned Nordic Aviation Group (NAG) has filed bankruptcy applications for the Nordica and Regional Jet (Xfly) airlines, ERR reports. NAG decided to file for bankruptcy after Danish entrepreneur Lars Thuesen, minority shareholder of Latvia’s national air carrier, airBaltic, announced that he would not acquire Nordica due to the high business risks involved. Earlier, Nordic…
Estonia’s raw milk production per dairy cow rose by 5% in 2023 from the year before, which was the highest increase in 31 years, according to a report from the European Commission, ERR reports. In terms of milk production per cow, Estonian farms are second only to Denmark in the EU, Tanel-Taavi Bulitko, CEO of…
Lithuania will join the Czech-led initiative to buy ammunition for Ukraine, according to Prime Minister Ingrida Simonyte, BNS reports. Contributing countries will look for potential ammunition stocks or sources of rapid production for acquisition. The plan is to procure 800,000 shells outside the EU, including possibly from India, South Africa, South Korea, and Türkiye, Kyiv…
Hong Kong-based investment firm PAG Private Equity will acquire full control of Latvia’s Food Union Group, which produces ice cream and other frozen foods, LSM reports. PAG expects to complete the transaction in the first quarter of 2024. Food Union will continue under present management and business structure. PAG has been an investor in Food…
Latvia’s state-owned airline, airBaltic, will open flights on several new routes from the Baltic States and Finland in winter 2023/2024 and summer 2024. The company will open flights from the Lithuanian capital, Vilnius, to Gran Canaria and Tenerife in Spain, Turin in Italy, and Dubai in the UAE in October 2023, LRT reports. In summer…