Latvia: Estonia’s Agrone acquires biggest dairy group

Estonia’s leading agricultural group, Agrone, has completed the acquisition of 100% of shares in Latvia’s largest dairy group, Food Union Management, LSM reports. Agrone acquired the shares from Food Union Luxembourg Holdings II for an undisclosed price. The Food Union group includes Rigas Piena Kombinats and Valmieras Piens, which produce some of Latvia’s best-known fresh…

Read Full News

Baltic: Leaders urge EU ban on Russian grain

The Baltic States called on the EU to ban transit shipments of Russian grain through EU territory, BNS reported. Estonian Prime Minister Kristen Michal, Latvian Prime Minister Andris Kulbergs, and Lithuanian President Gitanas Nauseda made the call in a joint letter to European Council President António Costa and European Commission President Ursula von der Leyen….

Read Full News

Baltic: Leaders criticise US-Russian diesel deal

Baltic leaders criticised the US-Russian agreement on Russian diesel fuel supplies. Estonian Prime Minister Kristen Michal said that the agreement was a “major miscalculation,” warning that “deals with dictators are a road to hell,” ERR reported. He insisted that Russian revenues must be stopped and urged the EU to help Ukraine “blast Russia’s oil refineries…

Read Full News

Estonia: GDP to grow 2.5% annually in 2026-2028: central bank

Estonia’s annual GDP growth will reach around 2.5% in 2026, 2027, and 2028, the Bank of Estonia forecasts, Estonian World reports. The country’s economic recovery is driven by increased household consumption following tax changes, higher government spending financed by borrowing, and stronger manufacturing exports. The central bank urged to boost productivity and competitiveness. The biggest…

Read Full News