Estonia’s biggest beer producer, Saku Õlletehas (Saku Brewery), reported sales of EUR 72.3mn in 2022, which was down 11% from 2021, ERR reports. The company’s annual net profit amounted to EUR 6.6mn, which was down 18.5% from a year earlier. The company attributed the worse results to the cessation of exports to Russia and Belarus,…
The invitation for Ukraine to join NATO must be "clear and irrevocable," Lithuanian Foreign Minister Gabrielius Landsbergis stated, The Baltic Times reports. Speaking after a leadership meeting at the presidential palace to prepare for the NATO summit in Vilnius, Landsbergis reiterated Lithuania’s full support for Ukraine’s aspiration to join NATO. The meeting was also attended…
Lithuanian President Gitanas Nauseda believes that NATO’s upcoming Vilnius summit will reach agreements that will "not disappoint" Ukraine in its fight against Russian invasion, LRT reports. Speaking in an interview with BNS, Nauseda said that the summit was unlikely to invite Ukraine to join the alliance after the war, however. Instead, NATO countries are expected…
Registered unemployment in Estonia increased for the third week in a row, ERR reports. The number of people registered as unemployed totalled 50,131 as of 2 July 2023, which was 650 more than a week earlier. The registered unemployment rate rose from 7.4% to 7.5%. The highest unemployment rate was in Ida-Virumaa county at 12.3%,…
Latvia’s President, Egils Levits, paid his last foreign visit to Lithuania, meeting with Lithuanian President Gitanas Nauseda, on 5 July 2023, LSM reports. Foreign Minister Edgars Rinkevics will take office as Latvia’s new president on 8 July 2023. Rinkevics will make his first official visit abroad as president to Estonia on 10 July 2023, ERR…
Finland’s NATO membership opens up new opportunities for defence and security cooperation between Estonia and Finland, Estonian Prime Minister Kaja Kallas stated, The Baltic Times reports. Speaking during Finnish Prime Minister Petteri Orpo’s official visit to Estonia, Kallas said that Finland’s accession has bolstered NATO as a whole and the security of the Baltic Sea…
Europe said that the Baltic States were right about Russia, but is ignoring us again, Lithuania’s former president, Dalia Grybauskaite, said, LRT reports. Speaking at a conference on the war in Ukraine at Vilnius University, Grybauskaite noted that when Baltic politicians warned Western leaders after Russia annexed Ukraine’s Crimean peninsula in 2014, they were ignored,…
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…
Lithuanian Foreign Minister Gabrielius Landsbergis said that there was no need to impose identical restrictions on Russians and Belarusians in response to the possible relocation of Russian mercenary group Wagner Group to Belarus, BNS reports. Earlier, President Gitanas Nauseda criticised the decision of the Lithuanian parliament, the Seimas, to override his veto and approve different…