Estonia’s Tallinn Airport will expand its passenger terminal by building around 16,500 m2 of new premises, BNS reports. In addition, the airport will reconstruct over 18,000 m2 of existing areas in the terminal. After the expansion, the passenger terminal’s total floor area will reach 52,500 m2, ERR reports. The airport’s current terminal was designed to…
The US Congress has approved an increase in the maximum number of HIMARS systems and related munitions that can be sold to Estonia, BNS reports. According to Vanguard Intel Group, the US has raised the sales cap from EUR 500mn to EUR 4.73bn. This would allow Estonia to buy an additional 12 HIMARS launchers, 200…
Estonia’s Financial Intelligence Unit (FIU) checked around 2,000 bank statements without legal authority, Chancellor of Justice Ülle Madise announced, ERR reports. FIU had obtained full bank statements via the data exchange layer connected to the enforcement register, whereas the law only allows FIU access to basic information about bank accounts. FIU told ERR that it…
Estonian ride-hailing and courier service company Bolt generated a turnover of EUR 1.99bn in 2024, which was up 17% from EUR 1.7bn in 2023, ERR reported. Ride-hailing services accounted for 82% of total revenue. The company’s operating loss reduced to EUR 87.7mn from EUR 94.3mn in 2023. Bolt’s annual net loss amounted to EUR 102.6mn…
US president-elect Donald Trump has nominated Estonian-born lawyer Roman Pipko for US ambassador to Estonia, ERR reports. The US Senate is expected to confirm the nomination. Pipko will replace George Kent, who assumed the ambassadorship in January 2023. Trump noted that Pipko worked at the European Bank for Reconstruction and Development and the Russian-American Enterprise…
Russia may have used GPS jamming against a US reconnaissance drone in Estonian airspace, Postimees reports. The Estonian Defence Ministry confirmed that the US Air Force’s Northrop Grumman RQ-4B Global Hawk drone had experienced communication problems. The drone landed undamaged, however. A spokesman for the Estonian Air Force noted that Russian radio interference disturbs all…
Electricity prices in Estonia will increase significantly following the planned decoupling from the Russian electricity grid in February 2025, Postimees reports. Currently, the rate for production and consumption stands at just EUR 0.04 per MWh. Estonia’s transmission system operator, Elering, has proposed raising the rate to as much as EUR 5.31 per MWh, largely due…
Lithuanian media group 15min Group will acquire the local radio station network, M-1, from Ruta Grusniene for an undisclosed sum, BNS reports. 15min Group, which is majority-owned by Estonia’s Postimees Group, plans to close the deal by the end of summer 2024, subject to regulatory approval. The M-1 group owns local radio stations M-1, M-1…
The defence ministers of the Baltic States have signed an agreement on building “anti-mobility defensive installations” on their borders with Russia and Belarus, Estonia’s Defence Ministry announced, ERR reports. The Baltic defence line will include bunkers, support points, and distribution lines. Estonia plans to begin building the bunkers in early 2025. The number of bunkers…