Monthly Archives: June 2011

2011 Latvian Record Air Passenger Turnover Versus airBaltic Turmoil

2011 Latvian Record Air Passenger Turnover Versus airBaltic Turmoil

Riga International Airport announces record passenger turnovers in 2011, but ironically simultaneously Latvia’s national airline, airBaltic, is rumoured to be heading for bankruptcy. Riga International Airport has seen a growth of 20% in the number of passengers travelling via their airport, most travelling to European destinations. Unfortunately the growth in passenger lists has not...

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Estonian Import and Export Figures Exceed Expectations

Estonian Import and Export Figures Exceed Expectations

Estonia import and export trade figures have soared over 60% this year compared to 2010 April figures according to Statistics Estonia. Statistics show that exports have grown by 60% and imports by 68%; the figures translate to 1.1 billion Euros in exports and 1.2 billion Euros in imports. Estonia’s largest export for year ending...

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European Bank for Reconstruction and Development Fund Green Baltic Fuel Production

European Bank for Reconstruction and Development Fund Green Baltic Fuel Production

The European Bank for Reconstruction and Development (EBRD) have agreed to provide a loan of 34.4 million Euros to AS Graanul Invest to expand on their biomass fuelled combined heat and power (CHP) plants in the Baltic’s. AS Graanul Invest is an Estonian based privately owned company specialising in bioenergetics and renewable energy production....

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Two New Bids to Build Lithuania Nuclear Power Plant

Lithuania’s nuclear power plans are back on track with two new propositions on the table. On Wednesday the Lithuanian government announced it had received two bids from rival companies to build a new nuclear power plant. Energy Minister, Arvydas Sekmokas stated that the two bids were from Westinghouse, a branch of Toshiba Corp. and...

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Estonia Joins the Race for Electric Car Production

Estonia Joins the Race for Electric Car Production

Earlier this year Estonia invested in 500 hundred electric cars and charging equipment, simultaneously some of Estonia’s main petrol station chains committed to installing charging points. Those charging points are now being put to the test as the ‘Tallinn – Monte Carlo Electric Race 2011’ started today in Tallinn, Estonia. The cars will be...

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