Events, data and analysis from the Baltic economies
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Estonian logistics group Omniva has asked the European Commission to assess the financing of universal postal services in Latvia and Lithuania. The company submitted complaints concerning the mechanisms used to compensate national postal operators for providing universal services.…
Lithuanian infrastructure company KRS has completed a €6 million bond issue and listed the securities on the Nasdaq Vilnius First North market. A total of 6,000 bonds with a nominal value of €1,000 each were admitted to trading…
Ryanair says it could significantly expand its Baltic operations if airport charges are reduced, including potentially increasing its Lithuania-based fleet from four to eight aircraft. The airline has also spoken of potential investment of around €1.6 billion across…
Lithuania has completed dynamic testing of the newly electrified Vilnius–Klaipėda railway corridor, including the final Radviliškis–Klaipėda section. The 363 km project, previously valued at about €457 million, includes more than 900 km of overhead contact lines. Once certification…
Lithuania will cut domestic train fares by 50% from 9 October until the end of 2026 as the government responds to sharply higher fuel prices. The same discount is planned for intercity buses from 1 November, subject to…
TThis week airBaltic’s Chapter 11 reaches its next important checkpoint. Objections to the final DIP financing order are due on October 2, ahead of the final hearing on October 9 in the U.S. Bankruptcy Court for the Southern…
PhotoEstonia plans to complete the Tallinn–Pärnu section of Rail Baltica by 2032, followed by Soodevahe–Muuga in 2033 and Pärnu–Ikla in 2034, according to the timetable presented by Prime Minister Kristen Michal. The slower construction schedule is also a…
Latvia is preparing its road transport legislation for the full implementation of the EU electronic Freight Transport Information system, or eFTI, from 9 July 2027. From that date, authorities across the EU will be required to accept regulatory…
Tallinn Airport is starting a €66.6 million expansion of its passenger terminal after passenger volumes moved well beyond the capacity for which the existing building was designed. The terminal was originally designed for around 2.8 million passengers a…
Estonia is considering postponing completion of its Rail Baltica section from 2030 to 2034 as part of the government’s 2027 budget talks. Prime Minister Kristen Michal said Estonia remains technically capable of completing the railway by 2030, but…
For a while, drivers of combustion-engine cars could afford not to think too much about fuel prices. By autumn, that luxury was gone, and wondering what comes next had returned to the morning menu somewhere between the news…
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