Lithuania’s space industry: to the sky and beyond
More than 30 Lithuanian companies participate in space supply chains, one of the fastest growing with an annual growth of 6.7%. To the sky and beyond.
More than 30 Lithuanian companies participate in space supply chains, one of the fastest growing with an annual growth of 6.7%. To the sky and beyond.
Estonia has to cope with very high inflation and a recession in the second half of the year when the economy will decline by 3%. Perfect economic storm.
Fintech is one of the fastest growing sectors to the Baltic, with 118 of about 400 start-ups in 2021 (+57% to 2019).
Lithuania’s growth forecast is revised down. Increased prices of food and energy slow down growth in trading partners, when it’s necessary to cut market distortions.
The Estonian IT sector is the most competitive in CEE, thanks to its business environment and the implementation of online services.
Despite retail sales in Poland rising by 4.2% YoY in August, with the inflationary everything-bubble prospects for upcoming quarters are deteriorating.
The culture of knowledge and experience sharing attracts more talent and creates the breeding ground for more innovation and European leadership.
Energy independence, the fight against the shadow economy, digitization, stability and rule-of-law are essential for Latvia’s competitiveness and FDI attraction.
In Estonia, the consumer basket price was 24.8% higher YoY. Orders have declined, making harder to pass the higher costs to the final products. Competitiveness is at stake.
The OTK Global Service Centre in Lithuania is responsible for nearly 40 functions, including cyber security, IT systems, and over €1.3B in procurement.