Lithuania and Poland may close their borders with Belarus in the event of serious incidents involving the Russian mercenary group, Wagner Group, along the frontier, BNS reports. Reuters cited Poland’s Interior Minister, Mariusz Kaminski, as saying that such a possibility was being discussed with neighbouring countries. Lithuania’s Deputy Interior Minister, Arnoldas Abramavicius, confirmed that there…
Lithuania’s Modus Asset Management has secured EUR 58mn of debt financing from Poland’s BNP Paribas Bank Polska and PKO Bank Polski, The Baltic Times reports. Modus Asset Management’s Modus Poland Solar Fund I will use the funds to finance the acquisition of a 93 MW solar farm portfolio in Poland. The fund now owns over…
Latvia’s State Revenue Service (VID) has published a list of the country’s 17 largest corporate taxpayers, Baltic News Network reports. VID highlighted the largest taxpayers in the large, medium, and small business segments in Latvia’s five regions. The country’s biggest taxpayer in 2022 was Polish-owned fuel trader Orlen Latvija, which paid 278.95mn in taxes. In…
Lithuania’s State Commission of the Lithuanian Language (VLKK) recently ordered the authorities in Vilnius district municipality to remove bilingual Lithuanian-Polish signs in the villages of Azulauke and Bieliskes, LRT reports. The municipality refused to comply and took the issue to the Administrative Disputes Commission, which found that VLKK’s order was unlawful and unfounded. Audrius Valotka,…
The Estonian ticket vending group, Piletilevi Group, has acquired majority ownership of Czechia’s largest ticketing platform, GoOut, ERR reports. Sven Nuutmann, Piletilevi’s board chairman, noted that ticketing platforms were currently in a difficult position, and that now was therefore a good time to buy. He said that Piletilevi was looking at possible acquisitions in other…
Lithuania’s Klaipeda State Seaport could ship around 10 million tonnes of Ukrainian grain per year, CEO Algis Latakas announced, BNS reports. However, the logistics of transporting the grain to the port remained complicated, he noted. If the issue of logistics was solved, the port could begin handling Ukrainian grain today, Latakas stated. Earlier, Transport Minister…
Senior officials from the Baltic states, Poland, and the European Commission met in Brussels and pledged to accelerate the synchronisation of the Baltic electricity grids with the continental European system, ERR reports. The current deadline for the synchronisation project is at the end of 2025. Timo Tatar, undersecretary of Estonia’s Ministry of Environment, said that…
Latvia’s foreign trade turnover totalled EUR 17.93bn in the first five months of 2023, which was down EUR 718.4mn (3.9%) from the same period of 2022, according to provisional data from the Central Statistical Bureau, LSM reports. Exports totalled EUR 8.12bn, which was down EUR 281.2mn (3.3%) over a year. Imports totalled EUR 9.81bn, which…
The Nordic and Baltic countries and Poland expect Sweden’s membership of NATO to increase security in the Baltic Sea region, The Baltic Times reports. Swedish Prime Minister Ulf Kristersson said that Sweden was joining NATO as a “motivated partner,” after 200 years of non-alignment. Finnish President Sauli Niinistö reiterated that Finland’s membership of NATO was…
