Estonian debt collection and credit management company Aktiva Finance Group will acquire Swedish credit management company Intrum Group’s business in the Baltic States for EUR 30mn, TVNET reports. Under the deal, Aktiva Finance Group will acquire 100% of shares in Intrum Group’s subsidiaries in Estonia, Latvia, and Lithuania. The transaction is expected to be closed…
Finland’s NATO membership opens up new opportunities for defence and security cooperation between Estonia and Finland, Estonian Prime Minister Kaja Kallas stated, The Baltic Times reports. Speaking during Finnish Prime Minister Petteri Orpo’s official visit to Estonia, Kallas said that Finland’s accession has bolstered NATO as a whole and the security of the Baltic Sea…
Swedish telecommunications technology company Ericsson plans to build a new manufacturing and technology facility in Estonia’s capital city of Tallinn, ERR reports. The company will invest EUR 155mn in the production centre in Tallinn’s Ülemiste City business park. Construction work is due to be completed by 2026. The facility will house testing laboratories, production lines,…
Lithuania’s Foreign Minister, Gabrielius Landsbergis, urged Hungary not to delay the ratification of Sweden’s NATO membership until autumn 2023, Baltic News Network reports. He emphasised the importance for Hungary to fully comprehend the implications that such a delay could have on the security of the entire NATO alliance, particularly in the Baltic region. Earlier, the…