Ikea joins companies stopping operations in Russia, while Coca Cola to stay
Nordic furniture retailer Ikea has joined other large European and American businesses to stop their operations in Russia and Belarus over the war…
Category: Business
Russian rouble close to free fall in value
Affected by fresh restrictive measures by the EU against the Russian banking system and the part of the country’s economy involved in financing…
airBaltic suspends all flights to Ukraine
Latvian airline airBaltic announced that due to airspace closure for civil aviation all its flights to and from Ukraine are cancelled from February…
ABB to lay off 200 employees in Estonia
Swedish-Swiss energy and technology giant ABB has decided to reduce its business operations in Estonia and close at least 200 jobs in the…
German car parts maker to continue Lithuania investments after China pressure, media report
Continental, the German car parts giant, has said it plans to continue investing in its manufacturing business in Lithuania after the company faced…
Week in Lithuania: Opposition seeking talks with China, diplomat families returned from Ukraine, German troops from Germany arrive in Lithuania
Last week, the top news in Lithuania were the moving of Lithuanian diplomat families, non-essential workers out of Ukraine, LFGU leader offering to…
Estonian sales of medicines reached record EUR 117 m in three months
On the Estonian market of medicines, the last quarter of 2021 has marked a national sales record to the amount of EUR 117…
Latvian foreign trade value reached records in 2021
Under the influence of rebounding EU economy and high inflation the value of Latvian exports and imports reached records in 2021, official statistics…
Wind turbine falls down in Estonia
On Estonia’s largest island, a wind turbine has broken in pieces and fallen down. The accident, which could have had tragic consequences, has…
