Lithuanian-owned ACMI provider Avia Solutions Group (ASG) has acquired the UK-based airline operator, Synergy Aviation, AviationSource reports. ASG will later rebrand Synergy Aviation to Ascend Airways. Jonas Janukenas, CEO of ASG, said that the group planned to expand further in the UK. Irish-based ASG is the parent company of several airlines, including Avion Express, Bluebird…
Estonian fish processing group PRFoods posted unaudited preliminary consolidated turnover of EUR 19.23mn in the financial year 2022/2023, which was down 6.6% from EUR 20.59mn in the year before, GlobeNewswire reports. Turnover from continuing operations amounted to EUR 19.08mn, which was up 30.2% from EUR 14.66mn in 2021/2022. In the fourth quarter of 2022/2023, the group’s…
Latvia’s timber industry exports totalled EUR 1.4bn in the first five months of 2023, which was down more than 20% from nearly EUR 1.9bn in the same period of 2022, according to data from the Ministry of Agriculture, LSM reports. Exports of wood and wood products amounted to EUR 1.3bn (down 20%), sawn timber to…
The commander of the Estonian Military Academy (KVA), Brigadier General Vahur Karus, may become the country’s next defence chief, sources told Postimees, ERR reports. The term of the current commander of the Estonian Defence Forces (EDF), General Martin Herem, will end in 2025. Herem’s former deputy, Major General Veiko-Vello Palm, is unlikely to succeed him due…
Estonia’s Defence Minister, Hanno Pevkur, and UK Secretary of Defence Ben Wallace have signed a joint declaration on integrating British and Estonian forces, BNS reports. Under the plan, a British brigade due to be deployed in Estonia will operate within an Estonian division. Also, UK staff officers will be embedded into the command of the…
NATO’s new defence plans for the Baltic region mean that the Estonian people will “no longer have to wait to be liberated” if the country is attacked, Estonia’s Prime Minister, Kaja Kallas, stated, ERR reports. Speaking at the NATO summit in Vilnius, Kallas said that NATO would be ready to fight back immediately, which should…
NATO allies have deployed additional capabilities to safeguard the NATO summit in Lithuania’s capital city of Vilnius on 11-12 July 2023, ERR reports. Germany has stationed 12 Patriot air defence batteries, Spain has sent NASAMS air defence systems, and France will deploy Caesar mobile artillery in Lithuania. Also, Denmark, Finland, and France will station fighter…