Swedish media company Viaplay Group will exit the Baltic market as part of its cost-saving plans, ERR reports. Viaplay broadcasts entertainment and live sports, including matches from top European football leagues. Viaplay Group reported a net loss of SEK 6.174mn (EUR 534,000) in the first half of 2023.
Latvia’s gas distribution system operator, Gaso, has registered its change of ownership in the country’s commercial register, GlobeNewswire reports. Under a deal signed in April 2023, Estonian privately-owned gas company Eesti Gaas (Elenger) acquired 100% of Gaso’s shares from Latvian gas company Latvijas Gaze for EUR 122mn. Gaso is Latvia’s only natural gas distribution operator.
Annual inflation in the Baltic States was highest in Estonia in June 2023, according to Eurostat data, LETA reports. Estonia’s inflation rate stood at 9% in June 2023, followed by Lithuania with 8.2% and Latvia with 8.1%. Compared to May 2023, inflation amounted to 0.8% in Estonia. Meanwhile, consumer prices went down by 0.1% in…
Parties in Estonia’s ruling coalition government enjoyed the support of 44.4% of voters in June-July 2023, according to a new Norstat poll for the Institute of Societal Studies (YI), ERR reports. The survey showed that the Estonian Reform Party of Prime Minister Kaja Kallas had the support of 28% of voters, while the Social Democratic…
Canada’s Foreign Minister, Mélanie Joly, has appointed Laird Hindle as the country’s first ever ambassador to Estonia, ERR reports. Prior to his appointment, Hindle was Global Affairs Canada’s Deputy Director for Southern Africa. Joly said that the appointment would advance Canada’s strategic diplomatic presence in the Baltic States. She cited Russia’s invasion of Ukraine and…
The number of live births recorded in Estonia totalled 915 in June 2023, which was down 11% from 1,031 in the corresponding month of 2022, according to data from the Ministry of Interior, ERR reports. Altogether 483 boys and 432 girls were born in June 2023. Deaths totalled 1,292, which was down 7.7% from 1,392…
Estonia’s economic climate index stood at -19.4 points in June 2023, which was down by almost 9 points from March 2023, according to the Estonian Institute of Economic Research (EKI), ERR reports. The economic confidence index, which combines both business and consumer sentiment, stood at 78.7 points, which was significantly worse than the long-term average….
Estonia has extradited Russian citizen Vadim Konoshchenok, suspected employee of Russia’s Federal Security Service (FSB), to the US, BNS reports. Konoshchenok was arraigned at a federal court in New York on 14 July 2023. He is suspected of violating sanctions by smuggling strictly regulated electronics and tactical ammunition of US origin from Estonia to Russia….
The total profit of banks operating in Estonia in the first half of 2023 was almost as high as in the whole of 2022, ERR reports. Swedbank’s net profit amounted to EUR 214mn in six months, which was EUR 148mn from a year earlier. In 2022, Swedbank’s annual net profit stood at EUR 224mn. SEB…