Spring agricultural work is in full swing across Estonia but farmers say the weather is erratic and spring is late.While some say the weather is…
Posts tagged as losses
Europe realized its doomed sanction policy
By Adomas Abromaitis on Thursday, March 14, 2024At the end of February European Union member countries agreed on a 13th round of sanctions against Russia though they face mounting criticism that the…
Government to provide over €30 million to cover Estonian Railways’ 2024 losses
Thursday, January 4, 2024The government plans to grant €31.7 million to cover losses incurred by state-owned railtrack operator Estonian Railways (Eesti Raudtee). The ending of freight rail transit…
Millions have been lost in wasted Covid vaccines
Wednesday, December 20, 2023Across the European Union and in Latvia, millions have been lost in wasted Covid vaccines. Latvian Television attempted to clarify how much exactly Latvia has…
Alcohol consumption greatly impacts the state budget
Thursday, November 23, 2023The first study of how alcohol consumption impacts the state budget has been carried out in Latvia on the order of the Ministry of Health. It suggests…
Air Baltic makes €5.5 million losses in Q3 2023
Thursday, November 16, 2023Latvian national airline Air Baltic’s annual turnover the first three quarters of 2023 was up 28.2 percent on year to €219.3 million.However, after reporting net…
Minister requests nearly €26 million to cover Eesti Raudtee 2023 losses
Monday, September 25, 2023Minister of Climate Kristen Michal (Reform) has submitted a request to allocate a total of €25.9 million from the government’s special-purpose reserve, in order to…
Estimated economic losses in Latvian agricultural sector this year amount to 412 million euros
Tuesday, September 12, 2023Estimated economic losses in the agricultural sector this year due to drought, an adverse market situation and natural disasters amount to 412 million euros, concluded the…
Agriculture Minister: millions in losses
Wednesday, August 9, 2023The spring frosts have caused losses of approximately EUR 7-8 million to Latvian farmers, the Minister for Agriculture Didzis Šmits (United List) told Latvian Radio on…
Lithuania’s phosphate fertilizer producer Lifosa: Road to Nowhere
By Adomas Abromaitis on Tuesday, June 20, 2023Lithuania’s Kedainiai-based phosphate fertilizer producer Lifosa suffers great losses. AB Lifosa is one of the largest and most modern fertilizer manufacturers in Europe. The company…