The defence ministers of the three Baltic States met with a high official of Poland’s Defence Ministry in Latvia’s Daugavpils to discuss the strengthening of regional defence infrastructure, LSM reports. Latvian Defence Minister Andris Spruds stressed the importance of implementing NATO decisions to strengthen the defence of the alliance’s eastern flank, including regional air-defence capabilities….
The presidents of the three Baltic States — Estonia’s Alar Karis, Latvia’s Edgars Rinkevics, and Lithuania’s Gitanas Nauseda — have called for reforming the United Nations Security Council (UNSC), BNS reported. They stressed the need to support Ukraine and hold Russia accountable for its military aggression. Karis pointed to the UNSC’s current inability to resolve conflicts,…
Estonia and Finland are drawing up joint plans for increased maritime defence, Major General Andrus Merilo, commander of the Estonian Defence Forces (EDF), revealed, ERR reports. Speaking in an interview with Helsingin Sanomat, Merilo said that the goal was to establish specific plans to close the Gulf of Finland to Russian ships if necessary. Earlier,…
Polish oil company Orlen has signed a five-year agreement with the Lithuanian oil and gas terminal operator, KN Energies, for exclusive use of a LNG reloading station in Klaipeda, Reuters reports. Under the agreement, the LNG will be delivered to the station on small ships and then transported by truck to clients in the Baltic…
The chairs of the European affairs committees of the parliaments of the Baltic States and Poland demanded that the EU stop importing LNG from Russia as soon as possible, LSM reported. In a joint letter, the committee chairs insisted that LNG terminals at EU ports should not be used to import gas from Russia. They…
Lithuanian supermarket operator Maxima Group generated consolidated revenue totalling EUR 3bn in the first half of 2024, which was up 4.7% from the same period of 2023, GlobeNewswire reported. Like-for-like retail sales rose by 2.2% over a year, including by 4.7% in the Baltic States. Online sales dropped by EUR 8mn. The group’s six-month EBITDA…
The Lithuanian fish processing company, Port Lite, has invested EUR 80mn in a new salmon processing plant in the Latvian port city of Liepaja, Baltic News Network reports. Sigitas Ambrazevicius, founder and owner of Port Lite, said that the 15,000 m2 plant would process around 25,000 tonnes of salmon per year. The company will sell…
Lithuanian Finance Minister Gintare Skaiste welcomed the International Monetary Fund’s (IMF) decision to postpone its planned mission to Russia indefinitely, BNS reports. Earlier, the Nordic and Baltic countries as well as Poland urged the IMF to reconsider its decision to resume consultations with Russia. Speaking in an interview with Ziniu Radijas, Skaiste noted that it…
The Lithuanian government is ready to send aid to Poland amid heavy floods caused by Storm Boris, BNS reports. Lithuania’s National Crisis Management Centre (NKVC) has offered Poland a high-capacity container pumping station and sandbagging equipment. Also, a team of 15-20 rescue workers stand ready to go to Poland. Meanwhile, the Foreign Ministry advised travellers…
