Baltic Focus Briefing | 26 October – 1 November: Baltic Businesses Cut Jobs as Investment and Retail Sales Continue to Grow

The main signal is divergence rather than a uniform regional trend.

Pipedrive, Coolbet, Swedbank and airBaltic are preparing workforce reductions, while Baltic companies continue to acquire businesses, invest in manufacturing and expand into export markets. September retail sales volumes increased in all three Baltic countries, although Lithuania’s economy contracted quarter on quarter. Energy costs, defence procurement liabilities and new customs requirements added to the week’s business developments.

This week’s Baltic Focus Briefing covers workforce changes, cross-border acquisitions, manufacturing and exports, corporate finance, energy, economic data, trade and infrastructure, defence procurement, customs and migration.