Latvia’s state-owned Eiropas Dzelzcela Linijas (EDZL) has awarded a contract to build the Rail Baltica railway in Latvia to the European joint venture, ERB Rail Baltica, for EUR 3.7mn, LSM reports. ERB Rail Baltica was established by France’s Eiffage Génie Civil, Italy’s Rizzani de Eccher, and Poland’s Budimex. EDZL’s procurement commission excluded Türkiye’s IC Ictas…
Turkish-owned Liepaja Steel has abandoned plans to resume production at its steel plant in the Latvian city of Liepaja, LETA reports. The company will dismantle the plant’s steel melting furnace and move the machinery to Türkiye. Liepaja Steel failed to reach agreement with the Liepaja city council and the Liepaja Special Economic Zone (Liepajas SEZ)…
The Lithuanian tour operator, Novaturas Group, generated revenue of EUR 100mn in the first half of 2023, which was up 10% from the same period of 2022, GlobeNewswire reported. The company served a total of 125,000 customers, which was down from 128,000 a year earlier. Vitalij Rakovski, CEO of Novaturas Group, said that the company…
NATO leaders and delegations have begun gathering in Lithuania’s capital, Vilnius, for the defence alliance’s summit due to take place on 11-12 July 2023, BNS reports. Lithuanian President Gitanas Nauseda will meet with NATO Secretary General Jens Stoltenberg at the summit venue, the Lithuanian Exhibition and Congress Centre (LITEXPO), on 10 July 2023. Also, Nauseda…
Estonia’s Defence Minister, Hanno Pevkur, voiced satisfaction at the details of NATO’s new defence plans for the Baltic region, ERR reports. He said that there were no outstanding points of contention regarding the plans ahead of the NATO summit in the Lithuanian capital, Vilnius. Discussions continued over the wording of the introductory section of the…
