TechnologyIndustry

Ericsson scraps plans to build new factory in Estonia

Ericsson will not proceed with a €155 million investment in Estonia, which would have been one of the largest industrial investments in the country. Ericsson Estonia’s CEO, Sirli Männiksaar, told [..]

Swedbank, SEB lend EUR 20 mln for Teltonika’s electronics assembly plant

Swedbank and SEB Banks have jointly lent 20 million euros, 10 million euro for the construction of an electronics assembly plant in the Teltonika High-Tech Hill technology park in the [..]

Lithuanian economy minister to meet Apple, Amazon reps

Economy and Innovation Minister Ausrine Armonaite is meeting with representatives from global technology giants Apple and Amazon Web Services (AWS) on Wednesday to present Lithuania’s investment environment and conditions for [..]

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