Baltic: Nordic, Baltic foreign ministers pledge support for Moldova

Nordic and Baltic foreign ministers have agreed to help step up international support for Moldova after Russia’s state-owned energy corporation, Gazprom, stopped gas supplies to the country, ERR reports. In a joint statement, the eight ministers said that they would work with the European Commission and other key partners to help Moldova. The ministers said…

Read More

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