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Category: Business

PM: Europe is committed to completely banning Russian gas and oil

14.03.202214.03.2022 Ogres

Europe is fully committed to stopping indirectly financing the war waged by Russian President Vladimir Putin’s regime and moving towards a full ban…

Petrol price in Estonia nears two euros

07.03.202207.03.2022 Ogres

As motor fuel prices continue to increase, the price of petrol 95 has reached 1.949 euros per litre, Estonian public broadcaster ERR. On…

Week in Lithuania: PM urges to remain friendly with Russian-speakers, cabinet backs aid to Ukraine, German President visits

05.03.2022 Ogres

Last week, the top news in Lithuania were prime minister Ingrida Šimonytė calling for continued friendly relationship with Russian-speakers, government decided to provide…

Ikea joins companies stopping operations in Russia, while Coca Cola to stay

04.03.202204.03.2022 Ogres

Nordic furniture retailer Ikea has joined other large European and American businesses to stop their operations in Russia and Belarus over the war…

Russian rouble close to free fall in value

28.02.202228.02.2022 Ogres

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

24.02.2022 Ogres

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

21.02.2022 Ogres

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

21.02.202221.02.2022 Ogres

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

19.02.202219.02.2022 Ogres

Last week, the top news in Lithuania were the moving of Lithuanian diplomat families, non-essential workers out of Ukraine, LFGU leader offering to…

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