Latvia: Estonia’s Fibenol to invest EUR 700mn in biorefinery

Estonian biomaterials company Fibenol plans to invest EUR 600-700mn in a biorefinery in Latvia, ERR reports. Fibenol’s pretreatment technology will convert locally-sourced wood into biomaterials that can replace fossil fuel-based chemicals in various industries. The company had initially intended to build the plant in Estonia. Fibenol’s owner, Raul Kirjanen, noted that countries rich in wood…

Read More

Baltic: Sweden’s NATO membership strengthens Baltic security: experts

Sweden joining NATO strengthens Baltic security by allowing for better planning and information sharing among members, according to Estonian experts, ERR reports. Sweden’s membership will make NATO’s defence activities more effective and deter Russia in the Baltic region, the experts believe. Sweden brings strong naval and air capabilities, early warning systems, and a significant defence…

Read More

Lithuania: Cars with Russian plates must leave by 11 March 2024

Vehicles with Russian licence plates will have to be entered into Lithuania’s national vehicle register or leave the country by 11 March 2024, the Lithuanian Customs Department (LRM) announced, ERR reports. Drivers violating the new rule risk fines and having their vehicles confiscated. Exceptions apply to vehicles transiting via Lithuania to or from Russia’s Kaliningrad…

Read More