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estonia

Take a Plant-Based Break – Vegan KitKat is Here!

3 mins read

The FINANCIAL --After much anticipation, Nestlé is finally making plant-based dreams come true with the launch of KitKat V. The new vegan version of the iconic KitKat will be on shelves from mid-June in the United Kingdom, Poland, Estonia, Latvia and Lithuania. Further countries will soon follow, including Australia and Brazil. KitKat V will be available through the KitKat Chocolatory and selected retailers.…

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Take a Plant-Based Break – Vegan KitKat is Here!

3 mins read

The FINANCIAL --After much anticipation, Nestlé is finally making plant-based dreams come true with the launch of KitKat V. The new vegan version of the iconic KitKat will be on shelves from mid-June in the United Kingdom, Poland, Estonia, Latvia and Lithuania. Further countries will soon follow, including Australia and Brazil. KitKat V will be available…

Rents up by 14.6%, house prices by 26.8% since 2010

1 min read

The FINANCIAL -- Between 2010 and the third quarter of 2011, house prices and rents in the EU27 followed similar paths. Since the third quarter of 2011, they have followed very different paths: while rents increased steadily throughout the period up to the third quarter of 2020, house prices have fluctuated significantly.…

EBRD expands listed SME support to the Baltic states

4 mins read

The FINANCIAL — Following the successful launch of its dedicated research programme in May in support of the development of small and medium-sized enterprises (SMEs), the European Bank for Reconstruction and Development (EBRD) is expanding the initiative to the Baltic states. Based on an agreement with Nasdaq Baltic, the operator of the stock exchanges in Estonia, Latvia and Lithuania, the programme will…

Ericsson and Telia switch on Estonia’s first commercial 5G network

3 mins read

The FINANCIAL — Powered by Ericsson 5G technology including Ericsson Radio System products and solutions and using hardware produced in Estonia, Telia will be the first carrier to launch 5G in the country, providing high-speed connections to its customers and enabling innovation for businesses. Today, 5G is switched on in the center of the three…

EBRD and Baltic states to develop regional market for commercial papers

5 mins read

The FINANCIAL — The European Bank for Reconstruction and Development (EBRD) and the central banks of Estonia (Eesti Pank), Latvia (Latvijas Banka) and Lithuania (Lietuvos Bankas) are joining forces to develop a regional market for commercial papers. Commercial papers (CPs) are short-term unsecured promissory notes issued by companies with a fixed-term maturity and used to…

Educators improve distance-learning techniques as a result of the partnership among Georgia, Estonia and UNICEF

5 mins read

The FINANCIAL — Elementary school teachers, school administrators and educators from 100 schools in Georgia will be trained in distance teaching and learning as part of an partnership between the Ministry of Education, Science, Culture and Sports of Georgia, the Government of Estonia and UNICEF Georgia. The programme aims to improve the quality of education…

Nokia selected by Telia Company to implement 5G standalone core in 6 European markets

4 mins read

The FINANCIAL — Nokia today announced it has been selected by Telia Company as the exclusive provider of 5G RAN in Finland in a five-year deal that includes the modernization of legacy networks and will cover 7,500 sites. Nokia is a long-standing strategic partner to Telia Company and has also been chosen as the supplier…

UNSC Members support sovereignty and territorial integrity of Georgia

5 mins read

The FINANCIAL — On 5 August 2020, the UN Security Council discussed the situation in Georgia’s occupied territories and the Russia-Georgia conflict at its closed session dedicated to the 12th anniversary of Russia’s military aggression against Georgia. The parties expressed their extreme concern about the intensification of the so-called “borderisation process.” UN Security Council member states are also…

USA: We will never accept Russia’s attack on the sovereignty and territorial integrity of Georgia

4 mins read

U.S. Department of State released a statement on the 80th Anniversary of the Welles Declaration, where is written that it will never accept Russia’s attack on the sovereignty and territorial integrity of Ukraine and Georgia. Minister of Foreign Affairs of Georgia replied this statement on Twitter, saying that he is grateful for unequivocal U.S. support towards…

Economy Minister of Georgia met tourism sector

5 mins read

The FINANCIAL — Minister of Economy and Sustainable Development Natia Turnava held a meeting with the representatives of the tourism sector and discussed the problems emerged due to the corona virus pandemic as well as the possible solutions. The representatives of the hotels, travel associations and tour operators attended the meeting. The Minister briefed the audience…

German Embassy in Georgia welcomes the Georgian govt’s decision to open its borders

6 mins read

The FINANCIAL — Since Georgia’s inclusion on the list of safe countries, and the issuance of the recommendation on the possible reopening of borders to these countries, the Georgian Government has been engaged in active bilateral negotiations with several EU member states. According to, Press Service of the Government Administration, agreements on the unconditional bilateral reopening…

Luxembourg became the first country with free public transport

5 mins read

The FINANCIAL — Luxembourg became the first country to make public transport free for the entire nation. The strategy aims to reduce the gap between rich and poor, and to reduce congestion. The price of the project is €41m (£35m; $44m) in lost ticket fares. The country of 620,000 people, stopped selling tickets on its…