Editorial

Analysis

Explanations, comparisons and market context — clearly separated from events and statistics.

EU sanctions close Mere stores in Latvia and Lithuania

Mere stores in Latvia and Lithuania have closed after Russian businessman Sergey Schneider was added to the EU sanctions list. In Latvia, the chain operated 12 stores through SIA Latprodukti and the Latvian branch of Lithuania-registered Valiente. Latprodukti…

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OTP’s acquisition of Luminor: how large is the new owner?

Hungary’s OTP Group has agreed to acquire Luminor, the third-largest bank in Estonia and one of the few banking groups operating across all three Baltic states. The transaction has been estimated at approximately €1.8 billion, although the final…

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BALTIC FOCUS: Baltic Check Point — 01/07–15/07

The first half of July brought several developments that changed the operating environment for business, infrastructure and public policy across the Baltic region. — Lithuania has a new government, but not a new economic course. — airBaltic is…

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