Nord Security, a cyber security tech firm that is behind NordVPN, has become Lithuania’s second company to be valued at over $1 billion after attracting an investment of $100 million. Founded in 2012, Nord Security is now valued at $1.6 billion. This makes the company Lithuania’s second unicorn, after the clothing resale platform Vinted. According…
Russian ships currently being repaired at the Izmail shipyard will soon be forcibly seized in favor of Ukraine. This was announced by the head of the Odesa Regional Military Administration, Maksym Marchenko. “As for the Russia-flagged ships, which are currently at the shipyard in the city of Izmail, the Cabinet of Ministers will soon decide…
Over the past three days, 10 new blows have been inflicted on Russia’s economy and influence abroad. “Here are 10 new blows on Russia’s economy, financial system, trade and remnants of Russia’s influence abroad inflicted in just these three days,” Minister of Foreign Affairs of Ukraine Dmytro Kuleba posted on Facebook. In particular, according to…
Compared to February, consumer prices in Latvia might have increased by 2.8-3% in March. This means that compared to March 2021 inflation in the country might have reached 11-11.2% in March 2022, according to bank analysts. Swedbank economist Laura Orleane predicted that in March consumer prices might have increased by 3% when compared to February.…
Hungarian budget airline Wizz Air will launch four new routes from Poland this coming summer season. “Wizz Air announces today the addition of four new routes to its flights from Poland,” the airline said. “From June, Wizz passengers will be able to travel from Warsaw Chopin Airport to the capital of Denmark – Copenhagen, and…
Klaipeda and Siauliai, Lithuania’s third and fourth biggest towns respectively, held events on April 7 where Ukrainians could meet potential employers. During the meetings, employers presented their activities and later met with people interested in jobs in a particular field for one-on-one interviews. Next week, a contact fair with representatives of companies in the service…
The Consumer Price Index (CPI) rose by 15.2% YoY in March, state agency Statistics Estonia reported, with housing-related price changes exerting the greatest influence. Services were 18.1% more expensive than in March last year and goods – 13.7% more expensive. Between February and March the CPI rose by 2.7%, Statistics Estonia said. Viktoria Trasanov, Statistics…