Latvia: Amber Beverage Group allowed acquiring decisive influence in Lido restaurant chain

The Latvian Competition Council has allowed the multinational alcohol producer Amber Beverage Group to acquire decisive influence in the Latvian iconic restaurant chain and food producer JSC Lido. The competition watchdog has not found significant harm to competition arising from the deal in the area of the production of alcoholic beverages, therefore the deal has…

Kazakhstan: GDP down in H1 2020

According to the results of the first half of 2020, Kazakhstan’s GDP has decreased by 1.8%, while the forecast was -1.5%. This is due to the downturn in the service sector, despite the relaxation of quarantine measures and the opening of trade and catering facilities from mid-May. According to the National Bank, such industries, as…