Eesti Energia (Estonian Energy), the state-owned utility, is threatening to take legal action against Latvia and Lithuania for alleged violation of competition conditions. Estonian Energy has five customers in Latvia and started supplying electricity to its first client in Lithuania, the Estonian Embassy. The company claims that Lithuania's electricity and network charges cost the local power utility, Lietuvos Energija, less than the network charge alone for Estonian Energy. In Latvia the company is reportedly required to equip each customer with a meter, which costs 900 euros.
Lithuania's Economy Ministry and privately-owned NDX Energija said that the draft agreements on creating a new national energy company, Leo LT, have not been initialed and submitted to the Cabinet for approval. "The agreements have not been initialed yet. We plan to meet after the holiday and finalize all corrections. Only several issues remain to be discussed," Ignas Staskevicius, CEO of NDX Energija, told BNS.
Sweden's EuroMaint Rail, a rolling stock maintenance company, will open a new plant in Latvia's Jelgava, the head of Latvia's Investment and Development Agency said. Andris Ozols said the plant has been set up on the territory of Jelgavas Masinbuves Rupnica factory and will make spare parts for rail transport. The new plant will provide 20 new jobs. EuroMaint Rail chose Jelgava due to its geographic location, developed logistics services and industrial tradition, Ozols said.
