Estonia’s state-owned company Rail Baltic Estonia, which was established to build the Rail Baltica railway, reported revenue of nearly EUR 39.6mn in 2022, which was up 84.3% from 2021, BNS reports. The company’s annual profit more than doubled from EUR 11.4mn to EUR 28.5mn. Rail Baltic Estonia made a profit of EUR 36mn from targeted…
Latvia’s Riga International Airport (RIX) served over 3 million passengers in the first half of 2023, which was nearly 40% more than in the same period of 2022, LSM reports. Transit passengers accounted for 21% of the total, which was up from 17% a year earlier. The average load factor of passenger aircraft stood at…
Car owners in Estonia face increasing pressure and deserve fair treatment, Simmo Saar, head of the newly-established Estonian Car Owners Association (EAOL), stated, ERR reports. The new association aims to represent the rights and interests of car owners, including in regard to taxation, highway planning, traffic law, penal policy, and traffic education. EAOL opposes the…
The European Commission has approved a financing package of EUR 305mn from the Connecting Europe Facility for transport infrastructure projects in Latvia during the 2021-2027 financial period, the Ministry of Transport announced, Baltic News Network reports. The ministry will allocate the funds to several key initiatives, including EUR 298mn for the Rail Baltica railway project,…
Lithuania’s state-owned railway company, Lietuvos Gelezinkeliai (LTG), generated revenue of EUR 434.1mn in 2022, which was down 6.7% from EUR 465.1mn in 2021, LRT reports. The company’s annual net profit amounted to EUR 1.2mn, which was down almost 20 times from EUR 23.5mn a year earlier. LTG’s freight volume totalled 31mn tonnes in 2022, which…
The Latvian government has approved amendments to requirements on green public procurement, aiming to provide more opportunities for local producers, Baltic News Network reports. The updated criteria cover various categories such as food and catering, indoor and street lighting, construction, transport, and road construction and maintenance. The amendments will enable municipal and state institutions to…
Strong winds and high waves disrupted ferry services to Estonia’s smaller islands on 3 July 2023, BNS reported. Ferry operator Kihnu Veeteed cancelled departures of the Kihnu Virve and Soela passenger ferries were cancelled during the day. Also, the Ormsö passenger ferry did not accept heavy vehicles on the Sviby-Rohuküla route.
The authorities in Lithuania’s capital, Vilnius, will remove old trolleybuses from city traffic temporarily for the duration of the NATO summit on 11-12 July 2023, LRT reports. The municipal public transport company, Vilniaus Viesasis Transportas, will remove old Skoda trolleybuses from traffic and have new trolleybuses running in the city during the summit. Also, bus…
Latvia’s state-owned rail freight operator, LDz Cargo, has opened a branch in Estonia, DELFI reports. The new branch employs four people. The company’s strategic objective is to enter new markets and increase its rail freight volume to boost revenue. LDz Cargo began providing freight transportation services in Estonia in January 2023. The company has an…
