Latvian metal processing company EMJ Metals has started cooperation with Finnish military vehicle manufacturer Patria, LSM reports. EMJ Metals manufactures metal sheet parts and APC bodies. The company invested EUR 3mn in equipment and renovating its production facility to enable cooperation with manufacturers in other countries. Latvian companies are now cooperating with 10 large global…
The Estonian shipping company, Tallink Grupp, carried a total of 5,705,600 passengers in 2023, which was up 4.5% from 5,462,085 in 2022, ERR reported. The number of passengers increased on the Estonia-Finland and Estonia-Sweden routes, but decreased on the Finland-Sweden routes. The company’s ferries carried 840,881 passenger vehicles in 2023, which was an increase of…
Ukrainian President Volodymyr Zelensky has concluded a two-day official visit to the three Baltic States. At a press conference with Lithuanian President Gitanas Nauseda, Zelensky said that his visit underscored the “shared trust” between nations in Russia’s neighbourhood, BNS reported. Speaking to a large crowd outside the Presidential Palace in Vilnius, Zelensky said that Russia…
Retailers in Estonia expect declining sales in the first half of 2024 amid lower consumer confidence, ERR reports. Many consumers plan to go shopping in neighbouring countries due to the rise in the VAT rate from 20% to 22% as of 1 January 2024, according to a Norstat poll for Citadele bank, BNS reports. The…
Six European gas transmission system operators, including Gasgrid Finland, Estonia’s Elering, Latvia’s Conexus Baltic Grid, Lithuania’s Amber Grid, Poland’s Gaz-System, and Germany’s ONTRAS, have signed a contract with AFRY Management Consulting for a pre-feasibility study on the Nordic-Baltic Hydrogen Corridor, The Baltic Times reports. The project aims to develop cross-border hydrogen transmission infrastructure from Finland…
Finnish authorities announced that the prime suspect in the damage to the Balticconnector gas pipeline between Finland and Estonia is the Chinese cargo ship, NewNew Polar Bear, YLE reports. The damage to the gas pipeline and Finnish and Swedish telecommunications companies Elisa’s and Arelion’s data cables coincided with the ship’s journey, Reuters reported. The Finnish…
The Balticconnector gas pipeline between Estonia and Finland was damaged deliberately by human activity, Estonian Defence Minister Hanno Pevkur stated, ERR reports. The undersea gas pipeline was closed due to a leak. Pictures taken at the scene indicated that the damage was done by “something greater than a diver or unmanned submersible,” Pevkur said. He…
Finnish authorities suspect that Russia attacked the Balticconnector gas pipeline between Finland and Estonia, Finnish daily Iltalehti reports. The undersea pipeline in the Gulf of Finland was closed due to a leak on 8 October 2023. At the same time, telecommunications operator Elisa’s data cable between Finland and Estonia was damaged as well, ERR reports. Finnish…
The Balticconnector gas pipeline between Estonia and Finland has been closed due to a possible leak, ERR reports. Finnish gas transmission system operator Gasgrid Finland reported that the 77-kilometre undersea pipeline experienced a pressure drop in the early hours of the morning of 8 October 2023. The cause of the problem and the location of…