Estonia is considering housing foreign prisoners in one of its prisons, Justice Minister Liisa Pakosta announced, BBC reports. Estonia’s three prisons in Tallinn, Tartu, and Jõhvi have room for around 1,000 additional prisoners, according to ERR. Pakosta estimated that the state could earn up to EUR 30mn per year from renting out prison space to…
A court of appeal in Sweden has sentenced former Swedbank CEO Birgitte Bonnesen to 15 months in prison over money laundering at the bank’s Estonian branch, BNS reports, citing AFP. The court found that Bonnesen had provided shareholders with false information about measures taken at the branch to prevent money laundering. The appellate court overturned…
Swedish telecommunications group Telia Company plans to lay off 400 people in Lithuania, BNS reports. The company intends to lay off 200 employees at telecommunications operator Telia Lietuva and another 200 at its Vilnius-based competence centre, Telia Global Services Lithuania. The group will decentralise most of its operations, with decision-making moved to each country, as…
Lithuania will buy mobile short-range air defence systems from Sweden’s Saab Dynamics for EUR 147mn, the Ministry of Defence announced, BNS reports. The ministry’s Defence Materiel Agency (GRA) has signed a contract on buying the RBS70 NG (MSHORAD) systems, with delivery scheduled for 2025-2027. Defence Minister Laurynas Kasciunas said that the advantage of the systems…
Estonia’s transmission system operator, Elering, plans to replace the damaged EstLink 2 undersea power cable by the end of August 2024, ERR reports. Preparatory work is ongoing, with the reserve cable sourced from Sweden. The power cable, which links Estonia and Finland, failed unexpectedly in January 2024. The fault was located at a complex point…
Sweden joining NATO strengthens Baltic security by allowing for better planning and information sharing among members, according to Estonian experts, ERR reports. Sweden’s membership will make NATO’s defence activities more effective and deter Russia in the Baltic region, the experts believe. Sweden brings strong naval and air capabilities, early warning systems, and a significant defence…
The Estonian shipping company, Tallink Grupp, carried a total of 5,705,600 passengers in 2023, which was up 4.5% from 5,462,085 in 2022, ERR reported. The number of passengers increased on the Estonia-Finland and Estonia-Sweden routes, but decreased on the Finland-Sweden routes. The company’s ferries carried 840,881 passenger vehicles in 2023, which was an increase of…
Lithuania’s Foreign Ministry hosted the annual foreign and security policy conference, Snow Meeting, in Vilnius on 12 January 2024, Baltic News Network reported. The conference was attended by the foreign ministers of Lithuania, Poland, Romania, and Sweden, as well as political leaders and security policy experts from several countries. The participants discussed support for Ukraine…
Sweden will deploy an army battalion of 800 troops to Latvia in early 2025, Swedish Prime Minister Ulf Kristersson announced, LSM reports. The mechanised battalion, which may include Leopard tanks, will be part of the Canadian-led NATO enhanced Forward Presence battle group based in Latvia. Sweden is due to join NATO soon. In July 2023,…