The volume of freight carried by road increased in Latvia, while the volume of rail, sea, and air freight decreased in the first half of 2024, according to the Central Statistical Bureau (CSP), LSM reports. Freight carried by land transport totalled 40.9mn tonnes in six months, which was 2.0% less than a year earlier. Road freight…
Latvia’s state-owned postal services provider, Latvijas Pasts, has submitted a new tariff plan for universal postal services to the Public Utilities Commission (SPRK), LETA reports. The company plans to raise tariffs on the domestic delivery of letters, parcels, and press publications as well as for cross-border postal services as of 2025. Latvijas Pasts said that…
The heads of the public broadcasters in the Baltic States and Ukraine signed a memorandum of cooperation during the General Assembly of the European Broadcasting Union (EBU) in Cyprus, LSM reports. The memorandum aims to establish mutual support mechanisms to ensure business continuity in an emergency, such as a war. The agreement provides for the…
Estonian shipping group Tallink Grupp transported 1,451,768 passengers in the second quarter of 2024, which was down 5.8% from 1,541,081 in the same period of 2023, ERR reports. Tallink transported 209,760 passenger vehicles in three months, which was down 11.4% from 236,756 vehicles a year earlier. Meanwhile, the company’s ships carried 86,813 cargo units in…
Estonian mobility company Bolt posted revenue of EUR 1.7bn in 2023, which was up 37.4% from EUR 1.2bn in 2022, ERR reports. The company’s operating loss stood at EUR 94.3bn, compared to EUR 262.6mn a year earlier. However, annual net loss rose to EUR 91.9mn from EUR 72.2mn in 2022. Bolt offers taxi, delivery, and…
Polish farmers are holding a week-long protest at the Lithuanian border, collaborating with authorities to check incoming trucks for Ukrainian grain, BNS reports. While some trucks have been diverted for inspection, most vehicles are being allowed to flow freely and no traffic jams have occurred. The farmers allege that Ukrainian grain is being falsely labelled…
Latvia’s state-owned Riga International Airport (RIX) made a profit of EUR 1.6mn in 2023, which was up 4.6 times from a year earlier, LSM reported. The company’s net turnover rose by around 25% to EUR 72.5mn. Revenues from aviation services amounted to EUR 36.7mn (up 18%) and from non-aviation services to EUR 21.2mn (up 38%)….
Estonia’s state-owned railway company, Eesti Raudtee (EVR), transported 10mn tonnes of cargo in 2023, which was 43% less than in 2022, ERR reports. The volume of transit freight totalled 2.1mn tonnes in 2023, compared to 9.5m tonnes in 2021. EVR’s commercial director, Arthur Raichmann, said that the biggest commodity groups were shale oil from Estonia…
Latvia’s ruling coalition has agreed to ban imports of Russian and Belarusian grain, BNS reports. The coalition expects the parliament, the Saeima, to pass a bill on the ban in February 2024. Agriculture Minister Armands Krauze said that companies using Russian grain would be ineligible for state support. Also, the Food and Veterinary Service (PVD)…