Baltic States

bneGreen: Finland’s Betolar develops green cement as construction races to decarbonise

Richard Lockhart in Edinburgh September 15, 2021

Finland’s Betolar is pioneering the production of low-carbon cement by using alternative industrial waste products in a process that could reduce CO2 emissions by up to 80%.

GLOBSEC: No debt ratio is safe for small EU countries

Ivan Šramko and Sona Muzikarova September 10, 2021

Targeted EU fiscal rule reform is desirable but should consider the inherent risks for smaller member states.

bneGreen: Meat’s animal-free future

Clare Nuttall in Glasgow September 8, 2021

Startups in emerging Europe developing alternative proteins are part of a growing movement aimed at helping to fight climate change and feed the world’s expanding population.

bneGreen: Emerging Europe’s perfect storm for illegal logging

bne IntelliNews September 1, 2021

High demand for wood for the booming global furniture market, poverty, persistent corruption and huge areas of sparsely populated forest land combine to create the conditions for illegal logging in Emerging Europe.

Estonian president-elect says will try to talk to all of country's political forces

bne IntelliNews September 1, 2021

Alar Karis was elected as president at the second attempt as the only candidate on the ballot.

Karis is the only candidate on Estonian presidential ballot

bne IntelliNews August 30, 2021

Centre-right coalition nominates director of the Estonian National Museum after tiring of liberal President Kersti Kaljulaid's outspoken comments.

bneGREEN: Will the Belarus NPP become the elephant in the room for Lithuania?

Linas Jegelevicius in Vilnius August 24, 2021

Lithuania has passed legislation to ban electricity imports from Belarus, but power from Lithuania’s hostile and unpredictable neighbour keeps trickling across the border through four 330-kV interconnectors.

Estonia’s Bolt posts loss of nearly €45mn for 2020

bne IntelliNews August 17, 2021

Revenue rises 75% as mobility platform becomes third largest European scooter operator in the peak season.

ASH: US pulls out of Afghanistan to focus on China problem, but that is harder now

Tim Ash of BlueBay Asset Management in London August 16, 2021

The fact the Biden administration pulled the plug on allies and friends in Afghanistan, and against the advice of allies in Nato, just affirms its all encompassing focus on China in foreign policy.

Sizzling tensions with China pose new threat to Lithuania’s food exports, rail freight sector

Linas Jegelevicius in Vilnius August 12, 2021

Lithuanian Railways is already bracing for a potential blow from the loss of Belarusian freight, following the new US sanctions on Belarus.

Third of Estonian startups set up by e-residents

Linas Jegelevicius in Vilnius August 11, 2021

Most of the startups focus on business software development and fintech solutions.

Tensions rise as Lithuanian government takes harsh line on migrants

Linas Jegelevicius in Vilnius August 6, 2021

Human rights groups and opposition politicians accuse Vilnius of whipping up fears over migrant influx via Belarus.

Baltic states ‘block Georgian PM’s official visit plans amid Tbilisi failure to crack down on far right’

Neil Hauer in Tbilisi August 5, 2021

Report says officials upset by perceived unwillingness of Tbilisi to punish those responsible for violence against journalists and LGBTQ activists that resulted in cancellation of Tbilisi Pride event.

Lithuania to push back undocumented migrants to Belarus

bne IntelliNews August 4, 2021

Interior minister says migrants intentionally trying to cross the state border in banned places should be considered persons who plan to commit a criminal act.

Estonia’s Bolt closes €600mn funding round

bne IntelliNews August 3, 2021

Largest capital injection so far raises valuation to $4bn and will be used to fund grocery delivery business.

CEE dealmaking back at pre-COVID levels in H1, says Mergermarket

bne IntelliNews July 19, 2021

The first half was particularly strong in the mid-market and smaller-ticket segment.

bneGREEN: CEE surfs the green bond wave

Robert Anderson, and bne IntelliNews reporters July 9, 2021

Issuance has been impressive but in some countries green bonds are still to get off the ground, while in others there is a shortage of high-yield, local currency or 'dark green' issues.

Consumer prices up 2.7% in June 2021 y/y in Latvia

bne IntelliNews July 8, 2021

In June 2021, the average level of consumer prices in Latvia increased by 2.7% y/y, the Central Statistical Bureau said on July 8.

Estonia’s industrial production volumes up 16% on year in May 2021

bne IntelliNews July 8, 2021

Industrial production volumes increased by 15.9% in May 2021, y/y. Production increased by 7% in energy and 18% in manufacturing, but decreased by 13% in mining.

Estonia’s Wise valued at €9.3bn on London Stock Exchange debut

bne IntelliNews July 8, 2021

Fintech formerly known as Transferwise has won customers during pandemic lockdowns as people sought alternative ways of transferring cash.