World

Storent Holding reports record growth – revenue up 33% and EBITDA up 70%; strategic U.S. company acquisition marks next stage of expansion

November 4, 2025

The company prepares for a new bond offering. Following the acquisition of Connect Rentals (USA), AS Storent Holding has experienced substantial growth and delivered its strongest financial performance in the [..]

Lithuania

Lithuanian company purchasing brand, related companies

November 5, 2024

DMK LT is a Lithuanian company which runs an international chain of skincare clinics, Revu Clinic, and it has just acquired the Medihub brand in Lithuania and Latvia, as well [..]

Lithuania

Teva Baltics set to expand its pharmaceutical plant in Vilnius

July 25, 2024

Teva Baltics, part of Teva Pharmaceutical Industries, one of the world’s largest generic drug manufacturers, is set to expand its pharmaceutical plant in Vilnius with the addition of two new [..]

Estonia

Opportunities of Japanese market showcased to businesses at Estonian Foreign Ministry

May 21, 2024

The opportunities offered by and the specifity of the Japanese market were presented to business leaders at the Foreign Ministry in Tallinn, and a presentation was held of a new [..]

Interviews

Kati Kusmin: we must develop our products and export them worldwide

May 7, 2024

Ain Alvela, Editor of TööstusEST, interview with Kati Kusmin, Chairman of the Management Board of The Estonian Business and Innovation Agency (EIS). Kati Kusmin, which was recently created with the [..]

Estonia

Piletilevi Group acquiring majority stake in 2 Polish ticket sales companies

May 1, 2024

Baltic ticket sales company Piletilevi Group is buying a majority stake in two Polish ticket sales companies and becoming the second largest ticket sales company on the Polish market as [..]

Latvia

Ventspils to develop new industrial park for EUR 17 million

February 13, 2024

Ventspils City Council at an extraordinary meeting on Tuesday approved Ventspils Osta municipal institution’s plan to conclude an agreement with the Central Finance and Contracting Agency (CFCA). The project aims [..]

Estonia

Eesti Energia generated two thirds of their sales revenue abroad

November 3, 2023

The sales revenue of Eesti Energia Group in the third quarter amounted to 408 million euros, of which 66% was generated outside Estonia. The Group’s normalised net profit in Q3 [..]

Latvia

Turnover of pharmaceutical wholesalers increased by 17.3% in the first nine months

October 27, 2023

The turnover of wholesale drug companies in Latvia in the first nine months of this year was EUR 540.79 million excluding value added tax, which is 17.3 percent more than [..]