
Diversification is the key to emerge and grow
Lithuania withstands the recent economic shocks due to the successful diversification of export markets.
Lithuania withstands the recent economic shocks due to the successful diversification of export markets.
Latvia owns 97.97% of airBaltic shares, and a sale could raise €300 million. The company is looking to list in Riga and London.
Frankenbur’s goal is to develop drone technology ten times cheaper than what’s available on the market and supply to national forces.
In Estonia, inflation for food and services is pushed higher by taxes, while production has become more expensive at the expense of competitiveness.
Poland is the largest military power among the former members of the Warsaw Pact, the third largest army in NATO and will allocate 5% of GDP to defence.
The capital of Lithuania has decided to prepare for a possible war scenario, with a plan for the total evacuation of the city within 48 hour.
Poland recorded a current account deficit of €168 million with the difference in import and export dynamics widening further.
Riga offers operational and financial advantages, that’s why Cembra Latvia is strengthening the local service industry with professional quality services.
Wix establishes a new design studio in Vilnius, while PAYSTRAX expands its Lithuanian operations, boosting their teams and capabilities.
Interest rates on loans and banks deposits fell substantially over the year, while term deposit made up 97% of the total held by households and companies.